Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Concord Control Systems IPO vs Insolation Energy IPO

Comparison between Concord Control Systems IPO and Insolation Energy IPO.

IPO Details

Concord Control Systems IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Insolation Energy IPO is a SME Bookbuilding proposed to list at BSE SME.

 Concord Control Systems IPOInsolation Energy IPO
LogoConcord Control Systems IPO LogoInsolation Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Holani Consultants Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Securities Ltd.Holani Consultants Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Insolation Energy IPO is up to ₹21.04 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Insolation Energy IPO is ₹38.00 per share.

 Concord Control Systems IPOInsolation Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share₹36.00 per share
Issue Price (Upper)₹55.00 per share₹38.00 per share
Issue Price (Final)₹55.00 per share₹38.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size14,34,000 shares55,38,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹21.04 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,34,000 shares55,38,000 shares
Issue Size Total (Amount)up to ₹7.89 Crup to ₹21.04 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while Insolation Energy IPO opens on Sep 26, 2022. The closing date of Concord Control Systems IPO and Insolation Energy IPO is Sep 29, 2022, and Sep 29, 2022, respectively.

 Concord Control Systems IPOInsolation Energy IPO
Anchor Bid DateSep 26, 2022
Issue OpenSep 27, 2022Sep 26, 2022
Issue CloseSep 29, 2022Sep 29, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 04, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 06, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 07, 2022
Listing date (Tentative)Oct 10, 2022Oct 10, 2022
Anchor Lockin End date 1Nov 03, 2022
Anchor Lockin End date 2Jan 02, 2023

Financials & KPIs

Concord Control Systems IPO P/E ratio is 12.14, as compared to Insolation Energy IPO P/E ratio of 11.41.

 Concord Control Systems IPOInsolation Energy IPO
Financials
Concord Control Systems Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20838.011589.25104.57350.58330.25
31-Mar-211251.351760.91143.21495.47474.9
31-Mar-221467.223173.54258.99754.24733.86
Amount in ₹ Lakhs
Insolation Energy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-202642.448879.37309.25580.05
31-Mar-215045.0416272.92689.721269.77
31-Mar-226668.0321539.13692.2711.97
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10097
Promoter Shareholding (Post-Issue)73.53
P/E Ratio12.1411.41
Market Cap₹31.42 Cr.₹79.16 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Insolation Energy IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Insolation Energy IPO.

 Concord Control Systems IPOInsolation Energy IPO
Anchor Investor Reserveration4,28,000 shares
Market Maker Reserveration78,000 shares2,94,000 shares
QIB2,88,000 shares
NII2,16,000 shares27,69,000 shares
RII5,02,000 shares27,69,000 shares
Employee
Others
Total14,34,000 shares55,38,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas Insolation Energy IPO subscribed 192.79x.

 Concord Control Systems IPOInsolation Energy IPO
QIB (times)15.18x
NII (times)307.40x150.02x
Big NII (times)
Small NII (times)
RII (times)424.26x235.55x
Employee (times)
Other (times)
Total (times)202.41x192.79x