Comparison between Elin Electronics IPO and Sula Vineyards IPO.
Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sula Vineyards 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 Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Sula Vineyards IPO is ₹357.00 per share.
| Elin Electronics IPO | Sula Vineyards IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹234.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹247.00 per share | ₹357.00 per share |
| Issue Price (Final) | ₹247.00 per share | ₹357.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 42 shares |
| Fresh Issue Size | 70,85,020 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,21,45,726 shares | 2,69,00,530 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹960.35 Cr |
| Issue Size Total | 1,92,30,746 shares | 2,69,00,530 shares |
| Issue Size Total (Amount) | up to ₹475.00 Cr | up to ₹960.35 Cr |
Elin Electronics IPO opens on Dec 20, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Elin Electronics IPO and Sula Vineyards IPO is Dec 22, 2022, and Dec 14, 2022, respectively.
| Elin Electronics IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2022 | Dec 09, 2022 |
| Issue Open | Dec 20, 2022 | Dec 12, 2022 |
| Issue Close | Dec 22, 2022 | Dec 14, 2022 |
| Basis Of Allotment (Tentative) | Dec 27, 2022 | Dec 19, 2022 |
| Initiation of Refunds (Tentative) | Dec 28, 2022 | Dec 20, 2022 |
| Credit of Share (Tentative) | Dec 29, 2022 | Dec 21, 2022 |
| Listing date (Tentative) | Dec 30, 2022 | Dec 22, 2022 |
| Anchor Lockin End date 1 | Jan 26, 2023 | Jan 18, 2023 |
| Anchor Lockin End date 2 | Mar 27, 2023 | Mar 19, 2023 |
Elin Electronics IPO P/E ratio is 29.69, as compared to Sula Vineyards IPO P/E ratio of 49.24.
| Elin Electronics IPO | Sula Vineyards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 53.98 | 28.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.93 | 27.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.69 | 49.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.58 Cr. | ₹3005.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.85 | 13.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.82 | 20.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.59 | ₹6.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92 | 11.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in Sula Vineyards IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 53,80,106 shares in Sula Vineyards IPO.
| Elin Electronics IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,69,223 shares | 80,70,158 shares |
| Market Maker Reservation | ||
| QIB | 38,46,149 shares | 53,80,106 shares |
| NII | 28,84,612 shares | 40,35,080 shares |
| RII | 67,30,762 shares | 94,15,186 shares |
| Employee | ||
| Others | ||
| Total | 1,92,30,746 shares | 2,69,00,530 shares |
Elin Electronics IPO subscribed 3.09x in total, whereas Sula Vineyards IPO subscribed 2.33x.
| Elin Electronics IPO | Sula Vineyards IPO | |
|---|---|---|
| QIB (times) | 4.51x | 4.13x |
| NII (times) | 3.29x | 1.51x |
| Big NII (times) | 2.99x | 1.69x |
| Small NII (times) | 3.89x | 1.15x |
| RII (times) | 2.20x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.09x | 2.33x |
