Comparison between Electronics Mart IPO and Tamilnad Mercantile Bank IPO.
Electronics Mart IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tamilnad Mercantile Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Electronics Mart IPO is up to ₹500.00 Cr whereas the issue size of the Tamilnad Mercantile Bank IPO is up to ₹807.84 Cr. The final issue price of Electronics Mart IPO is ₹59.00 per share and of Tamilnad Mercantile Bank IPO is ₹510.00 per share.
| Electronics Mart IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹56.00 per share | ₹500.00 per share |
| Issue Price (Upper) | ₹59.00 per share | ₹525.00 per share |
| Issue Price (Final) | ₹59.00 per share | ₹510.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 254 shares | 28 shares |
| Fresh Issue Size | 8,47,45,762 shares | 1,58,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹500.00 Cr | up to ₹807.84 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 | 8,47,45,762 shares | 1,58,40,000 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹807.84 Cr |
Electronics Mart IPO opens on Oct 04, 2022, while Tamilnad Mercantile Bank IPO opens on Sep 05, 2022. The closing date of Electronics Mart IPO and Tamilnad Mercantile Bank IPO is Oct 07, 2022, and Sep 07, 2022, respectively.
| Electronics Mart IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Bid Date | Oct 03, 2022 | Sep 02, 2022 |
| Issue Open | Oct 04, 2022 | Sep 05, 2022 |
| Issue Close | Oct 07, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Oct 12, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Oct 13, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Oct 14, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Oct 17, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | Nov 11, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 2 | Jan 10, 2023 | Dec 11, 2022 |
Electronics Mart IPO P/E ratio is 13.95, as compared to Tamilnad Mercantile Bank IPO P/E ratio of 9.22.
| Electronics Mart IPO | Tamilnad Mercantile Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 77.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.95 | 9.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2270.02 Cr. | ₹8313.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.42 | 16.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 48.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.46 | ₹57.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.42 | 15.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Electronics Mart IPO Retail Individual Investors (RII) are offered 2,96,61,017 shares while in Tamilnad Mercantile Bank 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 47,52,000 shares in Tamilnad Mercantile Bank IPO.
| Electronics Mart IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,54,23,728 shares | 71,28,000 shares |
| Market Maker Reservation | ||
| QIB | 1,69,49,152 shares | 47,52,000 shares |
| NII | 1,27,11,865 shares | 23,76,000 shares |
| RII | 2,96,61,017 shares | 15,84,000 shares |
| Employee | ||
| Others | ||
| Total | 8,47,45,762 shares | 1,58,40,000 shares |
Electronics Mart IPO subscribed 71.93x in total, whereas Tamilnad Mercantile Bank IPO subscribed 2.86x.
| Electronics Mart IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| QIB (times) | 169.54x | 1.62x |
| NII (times) | 63.59x | 2.94x |
| Big NII (times) | 66.18x | 3.10x |
| Small NII (times) | 58.42x | 2.63x |
| RII (times) | 19.72x | 6.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 71.93x | 2.86x |
