Carraro India IPO vs Concord Enviro Systems IPO

Comparison between Carraro India IPO and Concord Enviro Systems IPO.

IPO Details

Carraro India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Concord Enviro Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Carraro India IPO is up to ₹1,250.00 Cr whereas the issue size of the Concord Enviro Systems IPO is up to ₹500.33 Cr. The final issue price of Carraro India IPO is ₹704.00 per share and of Concord Enviro Systems IPO is ₹701.00 per share.

 Carraro India IPOConcord Enviro Systems IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹668.00 per share₹665.00 per share
Issue Price (Upper)₹704.00 per share₹701.00 per share
Issue Price (Final)₹704.00 per share₹701.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size21 shares21 shares
Fresh Issue Size0 shares24,96,433 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹175.00 Cr
OFS Issue Size1,77,55,681 shares46,40,888 shares
OFS Issue Size (Amount)up to ₹1,250.00 Crup to ₹325.33 Cr
Issue Size Total1,77,55,681 shares71,37,321 shares
Issue Size Total (Amount)up to ₹1,250.00 Crup to ₹500.33 Cr

IPO Timetable

Carraro India IPO opens on Dec 20, 2024, while Concord Enviro Systems IPO opens on Dec 19, 2024. The closing date of Carraro India IPO and Concord Enviro Systems IPO is Dec 24, 2024, and Dec 23, 2024, respectively.

 Carraro India IPOConcord Enviro Systems IPO
Anchor Bid DateDec 19, 2024Dec 18, 2024
Issue OpenDec 20, 2024Dec 19, 2024
Issue CloseDec 24, 2024Dec 23, 2024
Basis Of Allotment (Tentative)Dec 26, 2024Dec 24, 2024
Initiation of Refunds (Tentative)Dec 27, 2024Dec 26, 2024
Credit of Share (Tentative)Dec 27, 2024Dec 26, 2024
Listing date (Tentative)Dec 30, 2024Dec 27, 2024
Anchor Lockin End date 1Jan 24, 2025Jan 22, 2025
Anchor Lockin End date 2Mar 25, 2025Mar 23, 2025

Financials & KPIs

Carraro India IPO P/E ratio is 63.97, as compared to Concord Enviro Systems IPO P/E ratio of 30.79.

 Carraro India IPOConcord Enviro Systems IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,093.411,072.891,072.391,012.44
Total Income922.741,806.551,733.301,520.05
Profit After Tax49.7362.5648.4622.43
NET Worth419.44369.82337.38292.49
Total Borrowing195.78212.55188.33178.14
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets640.09627.68592.22536.90
Total Income208.02512.27350.50337.57
Profit After Tax0.5241.445.4916.48
NET Worth319.71320.82279.23266.81
Reserves and Surplus300.59303.09258.64261.12
Total Borrowing167.53153.19131.06125.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10060.93
Promoter Shareholding (Post-Issue)68.7751.39
P/E Ratio63.9730.79
Market Cap₹4002.35 Cr.₹1450.81 Cr.
ROE17.69%13.73%
ROCE19.35%14.07%
Debt/Equity0.580.47
EPS₹11.00₹22.77
RoNW16.92%12.92%

Shares Offered

In the Carraro India IPO Retail Individual Investors (RII) are offered 62,14,489 shares while in Concord Enviro Systems IPO retail investors are offered 62,14,489 shares. Qualified Institutional Buyers (QIB) are offered 35,51,136 shares in Carraro India IPO and 14,27,464 shares in Concord Enviro Systems IPO.

 Carraro India IPOConcord Enviro Systems IPO
Anchor Investor Reservation53,26,703 shares21,41,195 shares
Market Maker Reservation
QIB35,51,136 shares14,27,464 shares
NII26,63,353 shares10,70,599 shares
RII62,14,489 shares24,98,063 shares
Employee
Others
Total1,77,55,681 shares71,37,321 shares

Bids Received (Subscription)

Carraro India IPO subscribed 1.18x in total, whereas Concord Enviro Systems IPO subscribed 10.67x.

 Carraro India IPOConcord Enviro Systems IPO
QIB (times)2.33x17.32x
NII (times)0.63x14.20x
Big NII (times)0.45x14.09x
Small NII (times)1.01x14.41x
RII (times)0.75x5.56x
Employee (times)
Other (times)
Total (times)1.18x10.67x

Compare with others

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Carraro India IPO Vs Concord Enviro Systems IPO