Electronics Mart IPO vs Syrma SGS Technology IPO

Comparison between Electronics Mart IPO and Syrma SGS Technology IPO.

IPO Details

Electronics Mart IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Electronics Mart IPO is up to ₹500.00 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of Electronics Mart IPO is ₹59.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.

 Electronics Mart IPOSyrma SGS Technology IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹209.00 per share
Issue Price (Upper)₹59.00 per share₹220.00 per share
Issue Price (Final)₹59.00 per share₹220.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size254 shares68 shares
Fresh Issue Size8,47,45,762 shares3,48,18,181 shares
Fresh Issue Size (Amount)up to ₹500.00 Crup to ₹766.00 Cr
OFS Issue Size0 shares33,69,360 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹74.13 Cr
Issue Size Total8,47,45,762 shares3,81,87,541 shares
Issue Size Total (Amount)up to ₹500.00 Crup to ₹840.13 Cr

IPO Timetable

Electronics Mart IPO opens on Oct 04, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of Electronics Mart IPO and Syrma SGS Technology IPO is Oct 07, 2022, and Aug 18, 2022, respectively.

 Electronics Mart IPOSyrma SGS Technology IPO
Anchor Bid DateOct 03, 2022Aug 11, 2022
Issue OpenOct 04, 2022Aug 12, 2022
Issue CloseOct 07, 2022Aug 18, 2022
Basis Of Allotment (Tentative)Oct 12, 2022Aug 23, 2022
Initiation of Refunds (Tentative)Oct 13, 2022Aug 24, 2022
Credit of Share (Tentative)Oct 14, 2022Aug 25, 2022
Listing date (Tentative)Oct 17, 2022Aug 26, 2022
Anchor Lockin End date 1Nov 11, 2022Sep 22, 2022
Anchor Lockin End date 2Jan 10, 2023Nov 21, 2022

Financials & KPIs

Electronics Mart IPO P/E ratio is 13.95, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.

 Electronics Mart IPOSyrma SGS Technology IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,755.581,824.741,523.531,347.601,109.15
Total Income1,410.254,353.073,207.373,179.022,826.10
Profit After Tax40.66103.8958.6281.6177.10
NET Worth637.97596.51491.92433.08340.50
Reserves and Surplus0.000.000.000.00
Total Borrowing475.91593.64547.95520.55377.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202131 Mar 202031 Mar 2019
Assets460.01346.70286.42
Total Income444.48404.88357.40
Profit After Tax28.6243.8820.97
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100
Promoter Shareholding (Post-Issue)77.97
P/E Ratio13.9550.69
Market Cap₹2270.02 Cr.₹3877.04 Cr.
ROE17.427.83
ROCE18.8718.39
Debt/Equity48.040.24
EPS₹3.46₹2.69
RoNW17.427.83

Shares Offered

In the Electronics Mart IPO Retail Individual Investors (RII) are offered 2,96,61,017 shares while in Syrma SGS Technology IPO retail investors are offered 2,96,61,017 shares. Qualified Institutional Buyers (QIB) are offered 1,69,49,152 shares in Electronics Mart IPO and 76,37,508 shares in Syrma SGS Technology IPO.

 Electronics Mart IPOSyrma SGS Technology IPO
Anchor Investor Reservation2,54,23,728 shares1,14,56,261 shares
Market Maker Reservation
QIB1,69,49,152 shares76,37,508 shares
NII1,27,11,865 shares57,28,132 shares
RII2,96,61,017 shares1,33,65,640 shares
Employee
Others
Total8,47,45,762 shares3,81,87,541 shares

Bids Received (Subscription)

Electronics Mart IPO subscribed 71.93x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.

 Electronics Mart IPOSyrma SGS Technology IPO
QIB (times)169.54x87.56x
NII (times)63.59x17.50x
Big NII (times)66.18x19.01x
Small NII (times)58.42x14.47x
RII (times)19.72x5.53x
Employee (times)
Other (times)
Total (times)71.93x32.61x

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