Concord Biotech IPO vs Pyramid Technoplast IPO

Comparison between Concord Biotech IPO and Pyramid Technoplast IPO.

IPO Details

Concord Biotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pyramid Technoplast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Concord Biotech IPO is up to ₹1,550.52 Cr whereas the issue size of the Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of Pyramid Technoplast IPO is ₹166.00 per share.

 Concord Biotech IPOPyramid Technoplast IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹705.00 per share₹151.00 per share
Issue Price (Upper)₹741.00 per share₹166.00 per share
Issue Price (Final)₹741.00 per share₹166.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹70.00 per share
Market Lot Size20 shares90 shares
Fresh Issue Size0 shares55,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹91.30 Cr
OFS Issue Size2,09,25,652 shares37,20,000 shares
OFS Issue Size (Amount)up to ₹1,550.52 Crup to ₹61.75 Cr
Issue Size Total2,09,25,652 shares92,20,000 shares
Issue Size Total (Amount)up to ₹1,550.52 Crup to ₹153.05 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of Concord Biotech IPO and Pyramid Technoplast IPO is Aug 08, 2023, and Aug 22, 2023, respectively.

 Concord Biotech IPOPyramid Technoplast IPO
Anchor Bid DateAug 03, 2023Aug 17, 2023
Issue OpenAug 04, 2023Aug 18, 2023
Issue CloseAug 08, 2023Aug 22, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Aug 25, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Aug 28, 2023
Credit of Share (Tentative)Aug 17, 2023Aug 29, 2023
Listing date (Tentative)Aug 18, 2023Aug 29, 2023
Anchor Lockin End date 1Sep 10, 2023Sep 24, 2023
Anchor Lockin End date 2Nov 09, 2023Nov 23, 2023

Financials & KPIs

Concord Biotech IPO P/E ratio is 32.29, as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

 Concord Biotech IPOPyramid Technoplast IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,513.981,312.801,182.55
Total Income888.48736.35630.75
Profit After Tax240.08174.93234.89
NET Worth1,290.001,103.22999.37
Total Borrowing31.2460.5986.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets225.78183.76153.46
Total Income482.03402.64316.18
Profit After Tax31.7626.1516.99
NET Worth107.2575.2048.85
Reserves and Surplus75.9771.2944.94
Total Borrowing55.3464.7751.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)44.08100.00
Promoter Shareholding (Post-Issue)44.0874.94
P/E Ratio32.2916.21
Market Cap₹7752.06 Cr.₹611.00 Cr.
ROE20.06%29.61%
ROCE24.27%21.37%
Debt/Equity
EPS₹20.79₹10.24
RoNW20%29.61%

Shares Offered

In the Concord Biotech IPO Retail Individual Investors (RII) are offered 73,20,479 shares while in Pyramid Technoplast IPO retail investors are offered 73,20,479 shares. Qualified Institutional Buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 11,06,400 shares in Pyramid Technoplast IPO.

 Concord Biotech IPOPyramid Technoplast IPO
Anchor Investor Reservation62,74,695 shares16,59,600 shares
Market Maker Reservation
QIB41,83,130 shares11,06,400 shares
NII31,37,348 shares18,44,000 shares
RII73,20,479 shares46,10,000 shares
Employee10,000 shares
Others
Total2,09,25,652 shares92,20,000 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

 Concord Biotech IPOPyramid Technoplast IPO
QIB (times)67.67x9.94x
NII (times)16.99x32.24x
Big NII (times)19.30x33.81x
Small NII (times)12.37x29.09x
RII (times)3.78x14.72x
Employee (times)24.48x
Other (times)
Total (times)24.87x18.29x

Compare with others

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Concord Biotech IPO Vs Pyramid Technoplast IPO