Comparison between Concord Enviro Systems IPO and Sanathan Textiles IPO.
Concord Enviro Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanathan Textiles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Concord Enviro Systems IPO is up to ₹500.33 Cr whereas the issue size of the Sanathan Textiles IPO is up to ₹550.00 Cr. The final issue price of Concord Enviro Systems IPO is ₹701.00 per share and of Sanathan Textiles IPO is ₹321.00 per share.
| Concord Enviro Systems IPO | Sanathan Textiles IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹665.00 per share | ₹305.00 per share |
| Issue Price (Upper) | ₹701.00 per share | ₹321.00 per share |
| Issue Price (Final) | ₹701.00 per share | ₹321.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 21 shares | 46 shares |
| Fresh Issue Size | 24,96,433 shares | 1,24,61,059 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 46,40,888 shares | 46,72,897 shares |
| OFS Issue Size (Amount) | up to ₹325.33 Cr | up to ₹150.00 Cr |
| Issue Size Total | 71,37,321 shares | 1,71,33,956 shares |
| Issue Size Total (Amount) | up to ₹500.33 Cr | up to ₹550.00 Cr |
Concord Enviro Systems IPO opens on Dec 19, 2024, while Sanathan Textiles IPO opens on Dec 19, 2024. The closing date of Concord Enviro Systems IPO and Sanathan Textiles IPO is Dec 23, 2024, and Dec 23, 2024, respectively.
| Concord Enviro Systems IPO | Sanathan Textiles IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2024 | Dec 18, 2024 |
| Issue Open | Dec 19, 2024 | Dec 19, 2024 |
| Issue Close | Dec 23, 2024 | Dec 23, 2024 |
| Basis Of Allotment (Tentative) | Dec 24, 2024 | Dec 24, 2024 |
| Initiation of Refunds (Tentative) | Dec 26, 2024 | Dec 26, 2024 |
| Credit of Share (Tentative) | Dec 26, 2024 | Dec 26, 2024 |
| Listing date (Tentative) | Dec 27, 2024 | Dec 27, 2024 |
| Anchor Lockin End date 1 | Jan 22, 2025 | Jan 23, 2025 |
| Anchor Lockin End date 2 | Mar 23, 2025 | Mar 24, 2025 |
Concord Enviro Systems IPO P/E ratio is 30.79, as compared to Sanathan Textiles IPO P/E ratio of 17.25.
| Concord Enviro Systems IPO | Sanathan Textiles IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 60.93 | 98.61 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.39 | 78.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.79 | 17.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1450.81 Cr. | ₹2709.37 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.73% | 11.09% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.07% | 11.80% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.77 | ₹18.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92% | 10.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Concord Enviro Systems IPO Retail Individual Investors (RII) are offered 24,98,063 shares while in Sanathan Textiles IPO retail investors are offered 24,98,063 shares. Qualified Institutional Buyers (QIB) are offered 14,27,464 shares in Concord Enviro Systems IPO and 34,26,791 shares in Sanathan Textiles IPO.
| Concord Enviro Systems IPO | Sanathan Textiles IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,41,195 shares | 51,40,186 shares |
| Market Maker Reservation | ||
| QIB | 14,27,464 shares | 34,26,791 shares |
| NII | 10,70,599 shares | 25,70,094 shares |
| RII | 24,98,063 shares | 59,96,885 shares |
| Employee | ||
| Others | ||
| Total | 71,37,321 shares | 1,71,33,956 shares |
Concord Enviro Systems IPO subscribed 10.67x in total, whereas Sanathan Textiles IPO subscribed 36.90x.
| Concord Enviro Systems IPO | Sanathan Textiles IPO | |
|---|---|---|
| QIB (times) | 17.32x | 79.59x |
| NII (times) | 14.20x | 44.39x |
| Big NII (times) | 14.09x | 48.47x |
| Small NII (times) | 14.41x | 36.22x |
| RII (times) | 5.56x | 9.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.67x | 36.90x |
