Comparison between Divgi TorqTransfer Systems IPO and Signatureglobal IPO.
Divgi TorqTransfer Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Signatureglobal IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Divgi TorqTransfer Systems IPO is up to ₹412.12 Cr whereas the issue size of the Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Divgi TorqTransfer Systems IPO is ₹590.00 per share and of Signatureglobal IPO is ₹385.00 per share.
| Divgi TorqTransfer Systems IPO | Signatureglobal IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹366.00 per share |
| Issue Price (Upper) | ₹590.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹590.00 per share | ₹385.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 25 shares | 38 shares |
| Fresh Issue Size | 30,50,847 shares | 1,56,62,337 shares |
| Fresh Issue Size (Amount) | up to ₹180.00 Cr | up to ₹603.00 Cr |
| OFS Issue Size | 39,34,243 shares | 32,98,701 shares |
| OFS Issue Size (Amount) | up to ₹232.12 Cr | up to ₹127.00 Cr |
| Issue Size Total | 69,85,090 shares | 1,89,61,038 shares |
| Issue Size Total (Amount) | up to ₹412.12 Cr | up to ₹730.00 Cr |
Divgi TorqTransfer Systems IPO opens on Mar 01, 2023, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Divgi TorqTransfer Systems IPO and Signatureglobal IPO is Mar 03, 2023, and Sep 22, 2023, respectively.
| Divgi TorqTransfer Systems IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2023 | Sep 18, 2023 |
| Issue Open | Mar 01, 2023 | Sep 20, 2023 |
| Issue Close | Mar 03, 2023 | Sep 22, 2023 |
| Basis Of Allotment (Tentative) | Mar 09, 2023 | Sep 27, 2023 |
| Initiation of Refunds (Tentative) | Mar 10, 2023 | Sep 29, 2023 |
| Credit of Share (Tentative) | Mar 13, 2023 | Oct 03, 2023 |
| Listing date (Tentative) | Mar 14, 2023 | Sep 27, 2023 |
| Anchor Lockin End date 1 | Apr 08, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 2 | Jun 07, 2023 | Dec 26, 2023 |
Divgi TorqTransfer Systems IPO P/E ratio is 35.16, as compared to Signatureglobal IPO P/E ratio of .
| Divgi TorqTransfer Systems IPO | Signatureglobal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.18 | 78.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1804.39 Cr. | ₹5409.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.52 | -134.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.47 | 1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 34.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.76 | ₹-5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divgi TorqTransfer Systems IPO Retail Individual Investors (RII) are offered 6,98,509 shares while in Signatureglobal IPO retail investors are offered 6,98,509 shares. Qualified Institutional Buyers (QIB) are offered 20,95,528 shares in Divgi TorqTransfer Systems IPO and 59,48,080 shares in Signatureglobal IPO.
| Divgi TorqTransfer Systems IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,43,290 shares | 82,72,700 shares |
| Market Maker Reservation | ||
| QIB | 20,95,528 shares | 59,48,080 shares |
| NII | 10,47,763 shares | 28,44,155 shares |
| RII | 6,98,509 shares | 18,96,103 shares |
| Employee | ||
| Others | ||
| Total | 69,85,090 shares | 1,89,61,038 shares |
Divgi TorqTransfer Systems IPO subscribed 5.44x in total, whereas Signatureglobal IPO subscribed 12.50x.
| Divgi TorqTransfer Systems IPO | Signatureglobal IPO | |
|---|---|---|
| QIB (times) | 7.83x | 13.37x |
| NII (times) | 1.40x | 14.24x |
| Big NII (times) | 0.89x | 16.60x |
| Small NII (times) | 2.41x | 9.53x |
| RII (times) | 4.31x | 7.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.44x | 12.50x |
