Comparison between Elin Electronics IPO and Landmark Cars IPO.
Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Landmark Cars IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Landmark Cars IPO is ₹506.00 per share.
| Elin Electronics IPO | Landmark Cars IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹5 per share |
| Issue Price (Lower) | ₹234.00 per share | ₹481.00 per share |
| Issue Price (Upper) | ₹247.00 per share | ₹506.00 per share |
| Issue Price (Final) | ₹247.00 per share | ₹506.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 60 shares | 29 shares |
| Fresh Issue Size | 70,85,020 shares | 29,66,498 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹150.08 Cr |
| OFS Issue Size | 1,21,45,726 shares | 79,44,662 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹401.92 Cr |
| Issue Size Total | 1,92,30,746 shares | 1,09,11,160 shares |
| Issue Size Total (Amount) | up to ₹475.00 Cr | up to ₹552.00 Cr |
Elin Electronics IPO opens on Dec 20, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Elin Electronics IPO and Landmark Cars IPO is Dec 22, 2022, and Dec 15, 2022, respectively.
| Elin Electronics IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2022 | Dec 12, 2022 |
| Issue Open | Dec 20, 2022 | Dec 13, 2022 |
| Issue Close | Dec 22, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Dec 27, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Dec 28, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Dec 29, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Dec 30, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Jan 26, 2023 | Jan 19, 2023 |
| Anchor Lockin End date 2 | Mar 27, 2023 | Mar 20, 2023 |
Elin Electronics IPO P/E ratio is 29.69, as compared to Landmark Cars IPO P/E ratio of 27.61.
| Elin Electronics IPO | Landmark Cars IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 53.98 | 60.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.93 | 44.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.69 | 27.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.58 Cr. | ₹2003.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.85 | 26.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.82 | 18.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.59 | ₹17.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92 | 26.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in Landmark Cars IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 21,77,865 shares in Landmark Cars IPO.
| Elin Electronics IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,69,223 shares | 32,66,797 shares |
| Market Maker Reservation | ||
| QIB | 38,46,149 shares | 21,77,865 shares |
| NII | 28,84,612 shares | 16,33,399 shares |
| RII | 67,30,762 shares | 38,11,265 shares |
| Employee | 21,834 shares | |
| Others | ||
| Total | 1,92,30,746 shares | 1,09,11,160 shares |
Elin Electronics IPO subscribed 3.09x in total, whereas Landmark Cars IPO subscribed 3.06x.
| Elin Electronics IPO | Landmark Cars IPO | |
|---|---|---|
| QIB (times) | 4.51x | 8.71x |
| NII (times) | 3.29x | 1.32x |
| Big NII (times) | 2.99x | 1.59x |
| Small NII (times) | 3.89x | 0.78x |
| RII (times) | 2.20x | 0.59x |
| Employee (times) | 2.93x | |
| Other (times) | ||
| Total (times) | 3.09x | 3.06x |
