Bharti Hexacom IPO vs TBO Tek IPO

Comparison between Bharti Hexacom IPO and TBO Tek IPO.

IPO Details

Bharti Hexacom IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of TBO Tek IPO is ₹920.00 per share.

 Bharti Hexacom IPOTBO Tek IPO
Face Value₹5 per share₹1 per share
Issue Price (Lower)₹542.00 per share₹875.00 per share
Issue Price (Upper)₹570.00 per share₹920.00 per share
Issue Price (Final)₹570.00 per share₹920.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size26 shares16 shares
Fresh Issue Size0 shares43,47,826 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹400.00 Cr
OFS Issue Size7,50,00,000 shares1,25,08,797 shares
OFS Issue Size (Amount)up to ₹4,275.00 Crup to ₹1,150.81 Cr
Issue Size Total7,50,00,000 shares1,68,56,623 shares
Issue Size Total (Amount)up to ₹4,275.00 Crup to ₹1,550.81 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Bharti Hexacom IPO and TBO Tek IPO is Apr 05, 2024, and May 10, 2024, respectively.

 Bharti Hexacom IPOTBO Tek IPO
Anchor Bid DateApr 02, 2024May 07, 2024
Issue OpenApr 03, 2024May 08, 2024
Issue CloseApr 05, 2024May 10, 2024
Basis Of Allotment (Tentative)Apr 08, 2024May 13, 2024
Initiation of Refunds (Tentative)Apr 10, 2024May 14, 2024
Credit of Share (Tentative)Apr 10, 2024May 14, 2024
Listing date (Tentative)Apr 12, 2024May 15, 2024
Anchor Lockin End date 1May 08, 2024Jun 12, 2024
Anchor Lockin End date 2Jul 07, 2024Aug 11, 2024

Financials & KPIs

Bharti Hexacom IPO P/E ratio is 51.89, as compared to TBO Tek IPO P/E ratio of 64.58.

 Bharti Hexacom IPOTBO Tek IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Total Income5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
NET Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,754.052,557.931,271.43576.16
Total Income1,039.561,085.77511.93176.55
Profit After Tax154.18148.4933.72-34.14
NET Worth501.21337.19231.90204.07
Reserves and Surplus478.43317.57214.08197.58
Total Borrowing2.936.362.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.0051.26
Promoter Shareholding (Post-Issue)70.00
P/E Ratio51.8964.58
Market Cap₹28500.00 Cr.₹9990.08 Cr.
ROE
ROCE
Debt/Equity1.41
EPS₹10.98₹14.25
RoNW7.08%30.76

Shares Offered

In the Bharti Hexacom IPO Retail Individual Investors (RII) are offered 75,00,000 shares while in TBO Tek IPO retail investors are offered 75,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 50,47,205 shares in TBO Tek IPO.

 Bharti Hexacom IPOTBO Tek IPO
Anchor Investor Reservation3,37,50,000 shares75,70,807 shares
Market Maker Reservation
QIB2,25,00,000 shares50,47,205 shares
NII1,12,50,000 shares25,23,602 shares
RII75,00,000 shares16,82,401 shares
Employee32,608 shares
Others
Total7,50,00,000 shares1,68,56,623 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas TBO Tek IPO subscribed 86.69x.

 Bharti Hexacom IPOTBO Tek IPO
QIB (times)48.57x125.51x
NII (times)10.52x50.60x
Big NII (times)12.27x55.82x
Small NII (times)7.00x40.15x
RII (times)2.83x25.72x
Employee (times)17.81x
Other (times)
Total (times)29.88x86.69x

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