Apex Ecotech IPO vs C2C Advanced Systems IPO

Comparison between Apex Ecotech IPO and C2C Advanced Systems IPO.

IPO Details

Apex Ecotech IPO is a SME Bookbuilding IPO proposed to list at NSE SME while C2C Advanced Systems IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Apex Ecotech IPO is up to ₹24.08 Cr whereas the issue size of the C2C Advanced Systems IPO is up to ₹94.11 Cr. The final issue price of Apex Ecotech IPO is ₹73.00 per share and of C2C Advanced Systems IPO is ₹226.00 per share.

 Apex Ecotech IPOC2C Advanced Systems IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹214.00 per share
Issue Price (Upper)₹73.00 per share₹226.00 per share
Issue Price (Final)₹73.00 per share₹226.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares600 shares
Fresh Issue Size32,99,200 shares41,64,000 shares
Fresh Issue Size (Amount)up to ₹24.08 Crup to ₹94.11 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,99,200 shares41,64,000 shares
Issue Size Total (Amount)up to ₹24.08 Crup to ₹94.11 Cr

IPO Timetable

Apex Ecotech IPO opens on Nov 27, 2024, while C2C Advanced Systems IPO opens on Nov 22, 2024. The closing date of Apex Ecotech IPO and C2C Advanced Systems IPO is Nov 29, 2024, and Nov 26, 2024, respectively.

 Apex Ecotech IPOC2C Advanced Systems IPO
Anchor Bid DateNov 26, 2024Nov 21, 2024
Issue OpenNov 27, 2024Nov 22, 2024
Issue CloseNov 29, 2024Nov 26, 2024
Basis Of Allotment (Tentative)Dec 02, 2024Nov 29, 2024
Initiation of Refunds (Tentative)Dec 03, 2024Dec 02, 2024
Credit of Share (Tentative)Dec 03, 2024Dec 02, 2024
Listing date (Tentative)Dec 04, 2024Dec 03, 2024
Anchor Lockin End date 1Dec 31, 2024Dec 31, 2024
Anchor Lockin End date 2Mar 01, 2025Mar 01, 2025

Financials & KPIs

Apex Ecotech IPO P/E ratio is 10.66, as compared to C2C Advanced Systems IPO P/E ratio of 22.56.

 Apex Ecotech IPOC2C Advanced Systems IPO
Financials

Company Financials (Restated Standalone)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.6825.5617.689.79
Total Income21.8353.4634.9220.03
Profit After Tax1.556.633.52-0.66
NET Worth16.2914.747.233.70
Reserves and Surplus6.6013.776.312.79
Total Borrowing1.210.420.581.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets110.5885.8418.509.03
Total Income43.2541.308.070.35
Profit After Tax9.7312.282.88-2.38
NET Worth86.1976.462.52-1.37
Reserves and Surplus68.650.97
Total Borrowing13.299.455.55
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.3255.29
Promoter Shareholding (Post-Issue)69.2940.73
P/E Ratio10.6622.56
Market Cap₹96.25 Cr.₹376.09 Cr.
ROE10.01
ROCE12.02
Debt/Equity0.070.15
EPS₹6.85₹10.02
RoNW10.0111.29

Shares Offered

In the Apex Ecotech IPO Retail Individual Investors (RII) are offered 11,55,200 shares while in C2C Advanced Systems IPO retail investors are offered 11,55,200 shares. Qualified Institutional Buyers (QIB) are offered 6,59,200 shares in Apex Ecotech IPO and 8,32,800 shares in C2C Advanced Systems IPO.

 Apex Ecotech IPOC2C Advanced Systems IPO
Anchor Investor Reservation9,88,800 shares12,49,200 shares
Market Maker Reservation2,00,000 shares2,19,600 shares
QIB6,59,200 shares8,32,800 shares
NII4,96,000 shares6,24,600 shares
RII11,55,200 shares14,57,400 shares
Employee
Others
Total32,99,200 shares41,64,000 shares

Bids Received (Subscription)

Apex Ecotech IPO subscribed 320.08x in total, whereas C2C Advanced Systems IPO subscribed 87.75x.

 Apex Ecotech IPOC2C Advanced Systems IPO
QIB (times)136.69x31.61x
NII (times)1,179.62x233.13x
Big NII (times)
Small NII (times)
RII (times)329.65x132.73x
Employee (times)
Other (times)
Total (times)320.08x87.75x

Compare with others

Compare: