Comparison between Earthstahl IPO and Indong Tea IPO.
Earthstahl IPO is a SME Fixed Price IPO proposed to list at BSE SME while Indong Tea IPO is a SME Fixed Price proposed to list at BSE SME.
| Earthstahl IPO | Indong Tea IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Securities Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Earthstahl IPO is up to ₹12.29 Cr whereas the issue size of the Indong Tea IPO is up to ₹12.36 Cr. The final issue price of Earthstahl IPO is ₹40.00 per share and of Indong Tea IPO is ₹26.00 per share.
| Earthstahl IPO | Indong Tea IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹38.00 per share | |
| Issue Price (Upper) | ₹40.00 per share | |
| Issue Price (Final) | ₹40.00 per share | ₹26.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 4000 shares |
| Fresh Issue Size | 30,72,000 shares | 47,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.29 Cr | up to ₹12.36 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,72,000 shares | 47,52,000 shares |
| Issue Size Total (Amount) | up to ₹12.29 Cr | up to ₹12.36 Cr |
Earthstahl IPO opens on Jan 27, 2023, while Indong Tea IPO opens on Feb 09, 2023. The closing date of Earthstahl IPO and Indong Tea IPO is Jan 31, 2023, and Feb 13, 2023, respectively.
| Earthstahl IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 27, 2023 | Feb 09, 2023 |
| Issue Close | Jan 31, 2023 | Feb 13, 2023 |
| Basis Of Allotment (Tentative) | Feb 03, 2023 | Feb 16, 2023 |
| Initiation of Refunds (Tentative) | Feb 06, 2023 | Feb 17, 2023 |
| Credit of Share (Tentative) | Feb 07, 2023 | Feb 20, 2023 |
| Listing date (Tentative) | Feb 08, 2023 | Feb 21, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Earthstahl IPO P/E ratio is 4.22, as compared to Indong Tea IPO P/E ratio of 9.52.
| Earthstahl IPO | Indong Tea IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 96.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 64.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 4.22 | 9.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹48.96 Cr. | ₹39.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Earthstahl IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Indong Tea IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in Earthstahl IPO and in Indong Tea IPO.
| Earthstahl IPO | Indong Tea IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 1,68,000 shares | 5,04,000 shares |
| QIB | 9,18,000 shares | |
| NII | 10,77,000 shares | 23,76,000 shares |
| RII | 10,77,000 shares | 23,76,000 shares |
| Employee | ||
| Others | ||
| Total | 30,72,000 shares | 47,52,000 shares |
Earthstahl IPO subscribed 235.18x in total, whereas Indong Tea IPO subscribed 4.97x.
| Earthstahl IPO | Indong Tea IPO | |
|---|---|---|
| QIB (times) | 39.83x | |
| NII (times) | 445.09x | 2.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 191.77x | 7.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 235.18x | 4.97x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
