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Eleganz Interiors IPO vs P S Raj Steels IPO

Comparison between Eleganz Interiors IPO and P S Raj Steels IPO.

IPO Details

Eleganz Interiors IPO is a SME Bookbuilding IPO proposed to list at NSE SME while P S Raj Steels IPO is a SME Bookbuilding proposed to list at NSE SME.

 Eleganz Interiors IPOP S Raj Steels IPO
LogoEleganz Interiors IPO LogoP S Raj Steels IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersVivro Financial Services Pvt.Ltd.Khambatta Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Eleganz Interiors IPO is up to ₹74.15 Cr whereas the issue size of the P S Raj Steels IPO is up to ₹26.87 Cr. The final issue price of Eleganz Interiors IPO is ₹130.00 per share and of P S Raj Steels IPO is ₹140.00 per share.

 Eleganz Interiors IPOP S Raj Steels IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share₹132.00 per share
Issue Price (Upper)₹130.00 per share₹140.00 per share
Issue Price (Final)₹130.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1000 shares1000 shares
Fresh Issue Size57,04,000 shares19,19,000 shares
Fresh Issue Size (Amount)up to ₹74.15 Crup to ₹26.87 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,04,000 shares19,19,000 shares
Issue Size Total (Amount)up to ₹74.15 Crup to ₹26.87 Cr

IPO Timetable

Eleganz Interiors IPO opens on Feb 07, 2025, while P S Raj Steels IPO opens on Feb 12, 2025. The closing date of Eleganz Interiors IPO and P S Raj Steels IPO is Feb 11, 2025, and Feb 14, 2025, respectively.

 Eleganz Interiors IPOP S Raj Steels IPO
Anchor Bid DateFeb 06, 2025Feb 11, 2025
Issue OpenFeb 07, 2025Feb 12, 2025
Issue CloseFeb 11, 2025Feb 14, 2025
Basis Of Allotment (Tentative)Feb 12, 2025Feb 17, 2025
Initiation of Refunds (Tentative)Feb 13, 2025Feb 18, 2025
Credit of Share (Tentative)Feb 13, 2025Feb 18, 2025
Listing date (Tentative)Feb 14, 2025Feb 19, 2025
Anchor Lockin End date 1Mar 14, 2025Mar 19, 2025
Anchor Lockin End date 2May 13, 2025May 18, 2025

Financials & KPIs

Eleganz Interiors IPO P/E ratio is 17.67, as compared to P S Raj Steels IPO P/E ratio of 12.14.

 Eleganz Interiors IPOP S Raj Steels IPO
Financials

Eleganz Interiors Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets233.99172.12116.19103.03
Total Income192.4223.09191.17155.34
Profit After Tax9.5312.2110.315.09
Net Worth70.951.3739.1628.85
Reserves and Surplus54.3136.0138.227.89
Total Borrowing31.742.828.2322.62
Amount in ₹ Crore

PS Raj Steels Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets55.3652.0774.1245.94
Total Income139.12297.76225.44179.89
Profit After Tax3.876.363.653.57
Net Worth34.4330.624.320.65
Reserves and Surplus28.9129.9923.6920.04
Total Borrowing17.2517.818.0217.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.94100.00
Promoter Shareholding (Post-Issue)68.9873.20
P/E Ratio17.6712.14
Market Cap₹293.80 Cr.₹105.54 Cr.
ROE26.96%20.79%
ROCE24.23%20.64%
Debt/Equity0.830.58
EPS₹7.36₹11.53
RoNW26.96%20.79%

Shares Offered

In the Eleganz Interiors IPO Retail Individual Investors (RII) are offered 19,97,000 shares while in P S Raj Steels IPO retail investors are offered 19,97,000 shares. Qualified Institutional Buyers (QIB) are offered 11,41,000 shares in Eleganz Interiors IPO and 3,80,000 shares in P S Raj Steels IPO.

 Eleganz Interiors IPOP S Raj Steels IPO
Anchor Investor Reserveration17,10,000 shares5,69,000 shares
Market Maker Reserveration3,01,000 shares1,01,000 shares
QIB11,41,000 shares3,80,000 shares
NII8,56,000 shares2,85,000 shares
RII19,97,000 shares6,65,000 shares
Employee0 shares20,000 shares
Others
Total57,04,000 shares19,19,000 shares

Bids Received (Subscription)

Eleganz Interiors IPO subscribed 30.65x in total, whereas P S Raj Steels IPO subscribed 9.82x.

 Eleganz Interiors IPOP S Raj Steels IPO
QIB (times)24.45x1.21x
NII (times)60.42x21.39x
Big NII (times)
Small NII (times)
RII (times)21.44x10.04x
Employee (times)
Other (times)
Total (times)30.65x9.82x