Akums Drugs IPO vs Ceigall India IPO

Comparison between Akums Drugs IPO and Ceigall India IPO.

IPO Details

Akums Drugs IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ceigall India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Akums Drugs IPO is up to ₹1,856.74 Cr whereas the issue size of the Ceigall India IPO is up to ₹1,252.66 Cr. The final issue price of Akums Drugs IPO is ₹679.00 per share and of Ceigall India IPO is ₹401.00 per share.

 Akums Drugs IPOCeigall India IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹646.00 per share₹380.00 per share
Issue Price (Upper)₹679.00 per share₹401.00 per share
Issue Price (Final)₹679.00 per share₹401.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹64.00 per share₹38.00 per share
Market Lot Size22 shares37 shares
Fresh Issue Size1,00,37,708 shares1,70,68,861 shares
Fresh Issue Size (Amount)up to ₹680.99 Crup to ₹684.35 Cr
OFS Issue Size1,73,30,435 shares1,41,74,840 shares
OFS Issue Size (Amount)up to ₹1,175.75 Crup to ₹568.32 Cr
Issue Size Total2,73,68,143 shares3,12,43,701 shares
Issue Size Total (Amount)up to ₹1,856.74 Crup to ₹1,252.66 Cr

IPO Timetable

Akums Drugs IPO opens on Jul 30, 2024, while Ceigall India IPO opens on Aug 01, 2024. The closing date of Akums Drugs IPO and Ceigall India IPO is Aug 01, 2024, and Aug 05, 2024, respectively.

 Akums Drugs IPOCeigall India IPO
Anchor Bid DateJul 29, 2024Jul 31, 2024
Issue OpenJul 30, 2024Aug 01, 2024
Issue CloseAug 01, 2024Aug 05, 2024
Basis Of Allotment (Tentative)Aug 02, 2024Aug 06, 2024
Initiation of Refunds (Tentative)Aug 05, 2024Aug 07, 2024
Credit of Share (Tentative)Aug 05, 2024Aug 07, 2024
Listing date (Tentative)Aug 06, 2024Aug 08, 2024
Anchor Lockin End date 1Sep 01, 2024Sep 04, 2024
Anchor Lockin End date 2Oct 31, 2024Nov 03, 2024

Financials & KPIs

Akums Drugs IPO P/E ratio is , as compared to Ceigall India IPO P/E ratio of 20.67.

 Akums Drugs IPOCeigall India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets3,516.373,266.533,069.05
Total Income4,212.213,700.933,694.52
Profit After Tax0.7997.82-250.87
NET Worth709.50717.19621.98
Reserves and Surplus861.01868.70787.79
Total Borrowing491.56536.97357.95
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,592.191,827.82959.14
Total Income3,066.192,087.041,146.50
Profit After Tax304.91167.70126.43
NET Worth906.41593.06431.25
Total Borrowing1,811.021,252.58652.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.4899.99
Promoter Shareholding (Post-Issue)75.2982.06
P/E Ratio20.67
Market Cap₹6985.41 Cr.
ROE0.11%33.57%
ROCE3.37%31.98%
Debt/Equity0.691.17
EPS₹19.40
RoNW-0.5733.57%

Shares Offered

In the Akums Drugs IPO Retail Individual Investors (RII) are offered 27,12,424 shares while in Ceigall India IPO retail investors are offered 27,12,424 shares. Qualified Institutional Buyers (QIB) are offered 81,37,276 shares in Akums Drugs IPO and 62,37,721 shares in Ceigall India IPO.

 Akums Drugs IPOCeigall India IPO
Anchor Investor Reservation1,22,05,912 shares93,56,581 shares
Market Maker Reservation
QIB81,37,276 shares62,37,721 shares
NII40,68,637 shares46,78,291 shares
RII27,12,424 shares1,09,16,012 shares
Employee2,43,902 shares55,096 shares
Others
Total2,73,68,151 shares3,12,43,701 shares

Bids Received (Subscription)

Akums Drugs IPO subscribed 63.44x in total, whereas Ceigall India IPO subscribed 14.01x.

 Akums Drugs IPOCeigall India IPO
QIB (times)90.09x31.26x
NII (times)42.10x14.83x
Big NII (times)47.43x16.28x
Small NII (times)31.45x11.92x
RII (times)20.80x3.82x
Employee (times)4.14x11.84x
Other (times)
Total (times)63.44x14.01x

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Akums Drugs IPO Vs Ceigall India IPO