Elin Electronics IPO vs Keystone Realtors IPO

Comparison between Elin Electronics IPO and Keystone Realtors IPO.

IPO Details

Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Keystone Realtors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the Keystone Realtors IPO is up to ₹635.00 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Keystone Realtors IPO is ₹541.00 per share.

 Elin Electronics IPOKeystone Realtors IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹234.00 per share₹514.00 per share
Issue Price (Upper)₹247.00 per share₹541.00 per share
Issue Price (Final)₹247.00 per share₹541.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size60 shares27 shares
Fresh Issue Size70,85,020 shares1,03,51,201 shares
Fresh Issue Size (Amount)up to ₹175.00 Crup to ₹560.00 Cr
OFS Issue Size1,21,45,726 shares13,86,320 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹75.00 Cr
Issue Size Total1,92,30,746 shares1,17,37,521 shares
Issue Size Total (Amount)up to ₹475.00 Crup to ₹635.00 Cr

IPO Timetable

Elin Electronics IPO opens on Dec 20, 2022, while Keystone Realtors IPO opens on Nov 14, 2022. The closing date of Elin Electronics IPO and Keystone Realtors IPO is Dec 22, 2022, and Nov 16, 2022, respectively.

 Elin Electronics IPOKeystone Realtors IPO
Anchor Bid DateDec 19, 2022Nov 11, 2022
Issue OpenDec 20, 2022Nov 14, 2022
Issue CloseDec 22, 2022Nov 16, 2022
Basis Of Allotment (Tentative)Dec 27, 2022Nov 21, 2022
Initiation of Refunds (Tentative)Dec 28, 2022Nov 22, 2022
Credit of Share (Tentative)Dec 29, 2022Nov 23, 2022
Listing date (Tentative)Dec 30, 2022Nov 24, 2022
Anchor Lockin End date 1Jan 26, 2023Dec 21, 2022
Anchor Lockin End date 2Mar 27, 2023Feb 19, 2023

Financials & KPIs

Elin Electronics IPO P/E ratio is 29.69, as compared to Keystone Realtors IPO P/E ratio of 365.54.

 Elin Electronics IPOKeystone Realtors IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets589.24532.61508.31387.63397.73
Total Income604.741,094.67864.90786.37829.74
Profit After Tax20.6739.1534.8627.4929.07
NET Worth0.000.000.000.00
Reserves and Surplus0.000.000.000.00
Total Borrowing102.77102.33113.7769.8986.64
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets3,910.153,876.843,676.243,654.104,415.314,153.07
Total Income176.001,302.9791.401,177.271,268.602,142.65
Profit After Tax4.22135.83-0.97231.8214.49137.74
NET Worth0.000.000.000.00
Reserves and Surplus0.000.000.000.00
Total Borrowing1,468.831,557.961,145.562,513.901,220.261,372.40
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)53.9896.71
Promoter Shareholding (Post-Issue)32.9387.92
P/E Ratio29.69365.54
Market Cap₹1226.58 Cr.₹6160.77 Cr.
ROE13.85
ROCE15.82
Debt/Equity0.321.62
EPS₹9.59₹13.96
RoNW12.9214.97

Shares Offered

In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in Keystone Realtors IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 23,47,504 shares in Keystone Realtors IPO.

 Elin Electronics IPOKeystone Realtors IPO
Anchor Investor Reservation57,69,223 shares35,21,255 shares
Market Maker Reservation
QIB38,46,149 shares23,47,504 shares
NII28,84,612 shares17,60,629 shares
RII67,30,762 shares41,08,133 shares
Employee
Others
Total1,92,30,746 shares1,17,37,521 shares

Bids Received (Subscription)

Elin Electronics IPO subscribed 3.09x in total, whereas Keystone Realtors IPO subscribed 2.01x.

 Elin Electronics IPOKeystone Realtors IPO
QIB (times)4.51x3.84x
NII (times)3.29x3.03x
Big NII (times)2.99x3.78x
Small NII (times)3.89x1.53x
RII (times)2.20x0.53x
Employee (times)
Other (times)
Total (times)3.09x2.01x

Compare with others

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Elin Electronics IPO Vs Keystone Realtors IPO