Comparison between eMudhra IPO and Harsha Engineers IPO.
eMudhra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Harsha Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of eMudhra IPO is up to ₹412.79 Cr whereas the issue size of the Harsha Engineers IPO is up to ₹755.00 Cr. The final issue price of eMudhra IPO is ₹256.00 per share and of Harsha Engineers IPO is ₹330.00 per share.
| eMudhra IPO | Harsha Engineers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹243.00 per share | ₹314.00 per share |
| Issue Price (Upper) | ₹256.00 per share | ₹330.00 per share |
| Issue Price (Final) | ₹256.00 per share | ₹330.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹31.00 per share | |
| Market Lot Size | 58 shares | 45 shares |
| Fresh Issue Size | 62,89,062 shares | 1,37,95,695 shares |
| Fresh Issue Size (Amount) | up to ₹161.00 Cr | up to ₹455.10 Cr |
| OFS Issue Size | 98,35,394 shares | 90,90,900 shares |
| OFS Issue Size (Amount) | up to ₹251.79 Cr | up to ₹299.90 Cr |
| Issue Size Total | 1,61,24,456 shares | 2,28,86,595 shares |
| Issue Size Total (Amount) | up to ₹412.79 Cr | up to ₹755.00 Cr |
eMudhra IPO opens on May 20, 2022, while Harsha Engineers IPO opens on Sep 14, 2022. The closing date of eMudhra IPO and Harsha Engineers IPO is May 24, 2022, and Sep 16, 2022, respectively.
| eMudhra IPO | Harsha Engineers IPO | |
|---|---|---|
| Anchor Bid Date | May 19, 2022 | Sep 13, 2022 |
| Issue Open | May 20, 2022 | Sep 14, 2022 |
| Issue Close | May 24, 2022 | Sep 16, 2022 |
| Basis Of Allotment (Tentative) | May 27, 2022 | Sep 21, 2022 |
| Initiation of Refunds (Tentative) | May 30, 2022 | Sep 22, 2022 |
| Credit of Share (Tentative) | May 31, 2022 | Sep 23, 2022 |
| Listing date (Tentative) | Jun 01, 2022 | Sep 26, 2022 |
| Anchor Lockin End date 1 | Jun 26, 2022 | Oct 21, 2022 |
| Anchor Lockin End date 2 | Aug 25, 2022 | Dec 20, 2022 |
eMudhra IPO P/E ratio is 49.42, as compared to Harsha Engineers IPO P/E ratio of 32.67.
| eMudhra IPO | Harsha Engineers IPO | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 79.19 | 99.70 | |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.03 | 74.6 | |||||||||||||||||||||||||||||||||||||
| P/E Ratio | 49.42 | 32.67 | |||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1998.65 Cr. | ₹3004.20 Cr. | |||||||||||||||||||||||||||||||||||||
| ROE | 24.2 | 17 | |||||||||||||||||||||||||||||||||||||
| ROCE | 30.5 | 23 | |||||||||||||||||||||||||||||||||||||
| Debt/Equity | 23.30 | 0.74 | |||||||||||||||||||||||||||||||||||||
| EPS | ₹2.49 | ₹16.06 | |||||||||||||||||||||||||||||||||||||
| RoNW | 16.26 | 17.42 | |||||||||||||||||||||||||||||||||||||
In the eMudhra IPO Retail Individual Investors (RII) are offered 56,43,560 shares while in Harsha Engineers IPO retail investors are offered 56,43,560 shares. Qualified Institutional Buyers (QIB) are offered 32,24,891 shares in eMudhra IPO and 45,60,615 shares in Harsha Engineers IPO.
| eMudhra IPO | Harsha Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | 48,37,336 shares | 68,40,855 shares |
| Market Maker Reservation | ||
| QIB | 32,24,891 shares | 45,60,615 shares |
| NII | 24,18,669 shares | 34,20,450 shares |
| RII | 56,43,560 shares | 79,81,065 shares |
| Employee | 83,610 shares | |
| Others | ||
| Total | 1,61,24,456 shares | 2,28,86,595 shares |
eMudhra IPO subscribed 2.72x in total, whereas Harsha Engineers IPO subscribed 74.70x.
| eMudhra IPO | Harsha Engineers IPO | |
|---|---|---|
| QIB (times) | 4.05x | 178.26x |
| NII (times) | 1.28x | 71.32x |
| Big NII (times) | 74.78x | |
| Small NII (times) | 64.41x | |
| RII (times) | 2.61x | 17.63x |
| Employee (times) | 12.07x | |
| Other (times) | ||
| Total (times) | 2.72x | 74.70x |
