Comparison between Concord Enviro Systems IPO and Standard Glass Lining IPO.
Concord Enviro Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Standard Glass Lining IPO is a Mainboard Bookbuilding proposed to list at NSE, BSE.
The total issue size of Concord Enviro Systems IPO is up to ₹500.33 Cr whereas the issue size of the Standard Glass Lining IPO is up to ₹410.05 Cr. The final issue price of Concord Enviro Systems IPO is ₹701.00 per share and of Standard Glass Lining IPO is ₹140.00 per share.
| Concord Enviro Systems IPO | Standard Glass Lining IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹665.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹701.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹701.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 21 shares | 107 shares |
| Fresh Issue Size | 24,96,433 shares | 1,50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹210.00 Cr |
| OFS Issue Size | 46,40,888 shares | 1,42,89,367 shares |
| OFS Issue Size (Amount) | up to ₹325.33 Cr | up to ₹200.05 Cr |
| Issue Size Total | 71,37,321 shares | 2,92,89,367 shares |
| Issue Size Total (Amount) | up to ₹500.33 Cr | up to ₹410.05 Cr |
Concord Enviro Systems IPO opens on Dec 19, 2024, while Standard Glass Lining IPO opens on Jan 06, 2025. The closing date of Concord Enviro Systems IPO and Standard Glass Lining IPO is Dec 23, 2024, and Jan 08, 2025, respectively.
| Concord Enviro Systems IPO | Standard Glass Lining IPO | |
|---|---|---|
| Anchor Bid Date | Dec 18, 2024 | Jan 03, 2025 |
| Issue Open | Dec 19, 2024 | Jan 06, 2025 |
| Issue Close | Dec 23, 2024 | Jan 08, 2025 |
| Basis Of Allotment (Tentative) | Dec 24, 2024 | Jan 09, 2025 |
| Initiation of Refunds (Tentative) | Dec 26, 2024 | Jan 10, 2025 |
| Credit of Share (Tentative) | Dec 26, 2024 | Jan 10, 2025 |
| Listing date (Tentative) | Dec 27, 2024 | Jan 13, 2025 |
| Anchor Lockin End date 1 | Jan 22, 2025 | Feb 07, 2025 |
| Anchor Lockin End date 2 | Mar 23, 2025 | Apr 08, 2025 |
Concord Enviro Systems IPO P/E ratio is 30.79, as compared to Standard Glass Lining IPO P/E ratio of 43.04.
| Concord Enviro Systems IPO | Standard Glass Lining IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 60.93 | 72.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.39 | 67.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.79 | 43.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1450.81 Cr. | ₹2792.88 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.73% | 20.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.07% | 25.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.77 | ₹3.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92% | 20.74% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Concord Enviro Systems IPO Retail Individual Investors (RII) are offered 24,98,063 shares while in Standard Glass Lining 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 58,57,875 shares in Standard Glass Lining IPO.
| Concord Enviro Systems IPO | Standard Glass Lining IPO | |
|---|---|---|
| Anchor Investor Reservation | 21,41,195 shares | 87,86,009 shares |
| Market Maker Reservation | ||
| QIB | 14,27,464 shares | 58,57,875 shares |
| NII | 10,70,599 shares | 43,93,406 shares |
| RII | 24,98,063 shares | 1,02,51,279 shares |
| Employee | ||
| Others | ||
| Total | 71,37,321 shares | 2,92,88,569 shares |
Concord Enviro Systems IPO subscribed 10.67x in total, whereas Standard Glass Lining IPO subscribed 185.48x.
| Concord Enviro Systems IPO | Standard Glass Lining IPO | |
|---|---|---|
| QIB (times) | 17.32x | 327.76x |
| NII (times) | 14.20x | 275.21x |
| Big NII (times) | 14.09x | 302.21x |
| Small NII (times) | 14.41x | 221.21x |
| RII (times) | 5.56x | 65.71x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.67x | 185.48x |
