ECOS Mobility IPO vs Premier Energies IPO

Comparison between ECOS Mobility IPO and Premier Energies IPO.

IPO Details

ECOS Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ECOS Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of ECOS Mobility IPO is ₹334.00 per share and of Premier Energies IPO is ₹450.00 per share.

 ECOS Mobility IPOPremier Energies IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹318.00 per share₹427.00 per share
Issue Price (Upper)₹334.00 per share₹450.00 per share
Issue Price (Final)₹334.00 per share₹450.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹22.00 per share
Market Lot Size44 shares33 shares
Fresh Issue Size0 shares2,87,09,200 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹1,291.68 Cr
OFS Issue Size1,80,00,000 shares3,42,00,000 shares
OFS Issue Size (Amount)up to ₹601.20 Crup to ₹1,538.72 Cr
Issue Size Total1,80,00,000 shares6,29,09,200 shares
Issue Size Total (Amount)up to ₹601.20 Crup to ₹2,830.40 Cr

IPO Timetable

ECOS Mobility IPO opens on Aug 28, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of ECOS Mobility IPO and Premier Energies IPO is Aug 30, 2024, and Aug 29, 2024, respectively.

 ECOS Mobility IPOPremier Energies IPO
Anchor Bid DateAug 27, 2024Aug 26, 2024
Issue OpenAug 28, 2024Aug 27, 2024
Issue CloseAug 30, 2024Aug 29, 2024
Basis Of Allotment (Tentative)Sep 02, 2024Aug 30, 2024
Initiation of Refunds (Tentative)Sep 03, 2024Sep 02, 2024
Credit of Share (Tentative)Sep 03, 2024Sep 02, 2024
Listing date (Tentative)Sep 04, 2024Sep 03, 2024
Anchor Lockin End date 1Oct 01, 2024Sep 28, 2024
Anchor Lockin End date 2Nov 30, 2024Nov 27, 2024

Financials & KPIs

ECOS Mobility IPO P/E ratio is 32.05, as compared to Premier Energies IPO P/E ratio of 82.09.

 ECOS Mobility IPOPremier Energies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets296.66229.71112.38
Total Income568.21425.43151.55
Profit After Tax62.5343.599.87
NET Worth177.41115.1371.56
Reserves and Surplus165.41115.0771.50
Total Borrowing21.7232.953.34
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202421 Mar 202431 Mar 202331 Mar 2022
Assets3,735.503,554.132,110.691,341.49
Total Income1,668.793,171.311,463.21767.03
Profit After Tax198.16231.36-13.34-14.41
NET Worth26.9636.49-0.24-0.51
Reserves and Surplus255.73455.76224.40209.20
Total Borrowing1,200.161,392.24763.54453.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.7570.33
Promoter Shareholding (Post-Issue)67.7564.25
P/E Ratio32.0582.09
Market Cap₹2004.00 Cr.₹20284.33 Cr.
ROE42.75%43.73%
ROCE42.88%25.65%
Debt/Equity0.121.86
EPS₹10.42₹5.48
RoNW42.75%37.46%

Shares Offered

In the ECOS Mobility IPO Retail Individual Investors (RII) are offered 63,00,000 shares while in Premier Energies IPO retail investors are offered 63,00,000 shares. Qualified Institutional Buyers (QIB) are offered 36,00,000 shares in ECOS Mobility IPO and 1,25,35,111 shares in Premier Energies IPO.

 ECOS Mobility IPOPremier Energies IPO
Anchor Investor Reservation54,00,000 shares1,88,02,666 shares
Market Maker Reservation
QIB36,00,000 shares1,25,35,111 shares
NII27,00,000 shares94,01,334 shares
RII63,00,000 shares2,19,36,445 shares
Employee2,33,644 shares
Others
Total1,80,00,000 shares6,29,09,200 shares

Bids Received (Subscription)

ECOS Mobility IPO subscribed 64.18x in total, whereas Premier Energies IPO subscribed 75.00x.

 ECOS Mobility IPOPremier Energies IPO
QIB (times)136.85x212.42x
NII (times)71.17x50.98x
Big NII (times)74.66x58.00x
Small NII (times)64.19x36.96x
RII (times)19.66x7.44x
Employee (times)11.32x
Other (times)
Total (times)64.18x75.00x

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ECOS Mobility IPO Vs Premier Energies IPO