ECOS Mobility IPO vs Shree Tirupati Balajee Agro IPO

Comparison between ECOS Mobility IPO and Shree Tirupati Balajee Agro IPO.

IPO Details

ECOS Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro 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 Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of ECOS Mobility IPO is ₹334.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.

 ECOS Mobility IPOShree Tirupati Balajee Agro IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹318.00 per share₹78.00 per share
Issue Price (Upper)₹334.00 per share₹83.00 per share
Issue Price (Final)₹334.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size44 shares180 shares
Fresh Issue Size0 shares1,47,50,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹122.43 Cr
OFS Issue Size1,80,00,000 shares56,90,000 shares
OFS Issue Size (Amount)up to ₹601.20 Crup to ₹47.23 Cr
Issue Size Total1,80,00,000 shares2,04,40,000 shares
Issue Size Total (Amount)up to ₹601.20 Crup to ₹169.65 Cr

IPO Timetable

ECOS Mobility IPO opens on Aug 28, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of ECOS Mobility IPO and Shree Tirupati Balajee Agro IPO is Aug 30, 2024, and Sep 09, 2024, respectively.

 ECOS Mobility IPOShree Tirupati Balajee Agro IPO
Anchor Bid DateAug 27, 2024Sep 04, 2024
Issue OpenAug 28, 2024Sep 05, 2024
Issue CloseAug 30, 2024Sep 09, 2024
Basis Of Allotment (Tentative)Sep 02, 2024Sep 10, 2024
Initiation of Refunds (Tentative)Sep 03, 2024Sep 11, 2024
Credit of Share (Tentative)Sep 03, 2024Sep 11, 2024
Listing date (Tentative)Sep 04, 2024Sep 12, 2024
Anchor Lockin End date 1Oct 01, 2024Oct 09, 2024
Anchor Lockin End date 2Nov 30, 2024Dec 08, 2024

Financials & KPIs

ECOS Mobility IPO P/E ratio is 32.05, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.

 ECOS Mobility IPOShree Tirupati Balajee Agro 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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets516.94392.46391.89
Total Income552.82478.14453.79
Profit After Tax36.0720.7213.66
NET Worth173.07110.2192.23
Reserves and Surplus106.24109.05
Total Borrowing243.69223.81240.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.7588.38
Promoter Shareholding (Post-Issue)67.7565.42
P/E Ratio32.0515.37
Market Cap₹2004.00 Cr.₹677.04 Cr.
ROE42.75%20.84%
ROCE42.88%16.29%
Debt/Equity0.121.41
EPS₹10.42₹5.40
RoNW42.75%20.84%

Shares Offered

In the ECOS Mobility IPO Retail Individual Investors (RII) are offered 63,00,000 shares while in Shree Tirupati Balajee Agro IPO retail investors are offered 63,00,000 shares. Qualified Institutional Buyers (QIB) are offered 36,00,000 shares in ECOS Mobility IPO and 40,88,000 shares in Shree Tirupati Balajee Agro IPO.

 ECOS Mobility IPOShree Tirupati Balajee Agro IPO
Anchor Investor Reservation54,00,000 shares61,32,000 shares
Market Maker Reservation
QIB36,00,000 shares40,88,000 shares
NII27,00,000 shares30,66,000 shares
RII63,00,000 shares71,54,000 shares
Employee
Others
Total1,80,00,000 shares2,04,40,000 shares

Bids Received (Subscription)

ECOS Mobility IPO subscribed 64.18x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.

 ECOS Mobility IPOShree Tirupati Balajee Agro IPO
QIB (times)136.85x150.87x
NII (times)71.17x210.12x
Big NII (times)74.66x225.47x
Small NII (times)64.19x179.41x
RII (times)19.66x73.22x
Employee (times)
Other (times)
Total (times)64.18x124.74x

Compare with others

Compare:

ECOS Mobility IPO Vs Shree Tirupati Balajee Agro IPO