Comparison between Chetana Education IPO and Esprit Stones IPO.
Chetana Education IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Esprit Stones IPO is a SME Bookbuilding proposed to list at NSE SME.
| Chetana Education IPO | Esprit Stones IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Srujan Alpha Capital Advisors LLP Choice Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Choice Equity Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Chetana Education IPO is up to ₹43.57 Cr whereas the issue size of the Esprit Stones IPO is up to ₹47.82 Cr. The final issue price of Chetana Education IPO is ₹85.00 per share and of Esprit Stones IPO is ₹87.00 per share.
| Chetana Education IPO | Esprit Stones IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹82.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹87.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹87.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 51,26,400 shares | 55,04,000 shares |
| Fresh Issue Size (Amount) | up to ₹43.57 Cr | up to ₹47.82 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,26,400 shares | 55,04,000 shares |
| Issue Size Total (Amount) | up to ₹43.57 Cr | up to ₹47.82 Cr |
Chetana Education IPO opens on Jul 24, 2024, while Esprit Stones IPO opens on Jul 26, 2024. The closing date of Chetana Education IPO and Esprit Stones IPO is Jul 26, 2024, and Jul 30, 2024, respectively.
| Chetana Education IPO | Esprit Stones IPO | |
|---|---|---|
| Anchor Bid Date | Jul 23, 2024 | Jul 25, 2024 |
| Issue Open | Jul 24, 2024 | Jul 26, 2024 |
| Issue Close | Jul 26, 2024 | Jul 30, 2024 |
| Basis Of Allotment (Tentative) | Jul 29, 2024 | Jul 31, 2024 |
| Initiation of Refunds (Tentative) | Jul 30, 2024 | Aug 01, 2024 |
| Credit of Share (Tentative) | Jul 30, 2024 | Aug 01, 2024 |
| Listing date (Tentative) | Jul 31, 2024 | Aug 02, 2024 |
| Anchor Lockin End date 1 | Aug 28, 2024 | Aug 30, 2024 |
| Anchor Lockin End date 2 | Oct 27, 2024 | Oct 29, 2024 |
Chetana Education IPO P/E ratio is 10.59, as compared to Esprit Stones IPO P/E ratio of 13.62.
| Chetana Education IPO | Esprit Stones IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 73.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.59 | 13.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹173.40 Cr. | ₹190.92 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.87% | 12.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.02 | ₹6.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.67% | 15.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Chetana Education IPO Retail Individual Investors (RII) are offered 17,95,200 shares while in Esprit Stones IPO retail investors are offered 17,95,200 shares. Qualified Institutional Buyers (QIB) are offered 10,25,600 shares in Chetana Education IPO and 10,75,200 shares in Esprit Stones IPO.
| Chetana Education IPO | Esprit Stones IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,36,000 shares | 16,12,800 shares |
| Market Maker Reservation | 2,73,600 shares | 2,91,200 shares |
| QIB | 10,25,600 shares | 10,75,200 shares |
| NII | 7,69,600 shares | 8,06,400 shares |
| RII | 17,95,200 shares | 18,81,600 shares |
| Employee | 1,28,000 shares | |
| Others | ||
| Total | 51,26,400 shares | 55,04,000 shares |
Chetana Education IPO subscribed 196.87x in total, whereas Esprit Stones IPO subscribed 185.82x.
| Chetana Education IPO | Esprit Stones IPO | |
|---|---|---|
| QIB (times) | 101.22x | 117.63x |
| NII (times) | 468.42x | 399.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 135.11x | 145.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 196.87x | 185.82x |
