Comparison between eMudhra IPO and Syrma SGS Technology IPO.
eMudhra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology 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 Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of eMudhra IPO is ₹256.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| eMudhra IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹243.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹256.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹256.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 58 shares | 68 shares |
| Fresh Issue Size | 62,89,062 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹161.00 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 98,35,394 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹251.79 Cr | up to ₹74.13 Cr |
| Issue Size Total | 1,61,24,456 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹412.79 Cr | up to ₹840.13 Cr |
eMudhra IPO opens on May 20, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of eMudhra IPO and Syrma SGS Technology IPO is May 24, 2022, and Aug 18, 2022, respectively.
| eMudhra IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | May 19, 2022 | Aug 11, 2022 |
| Issue Open | May 20, 2022 | Aug 12, 2022 |
| Issue Close | May 24, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | May 27, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | May 30, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | May 31, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | Jun 01, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Jun 26, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Aug 25, 2022 | Nov 21, 2022 |
eMudhra IPO P/E ratio is 49.42, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| eMudhra IPO | Syrma SGS Technology IPO | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| ||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 79.19 | |||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.03 | |||||||||||||||||||||||
| P/E Ratio | 49.42 | 50.69 | ||||||||||||||||||||||
| Market Cap | ₹1998.65 Cr. | ₹3877.04 Cr. | ||||||||||||||||||||||
| ROE | 24.2 | 7.83 | ||||||||||||||||||||||
| ROCE | 30.5 | 18.39 | ||||||||||||||||||||||
| Debt/Equity | 23.30 | 0.24 | ||||||||||||||||||||||
| EPS | ₹2.49 | ₹2.69 | ||||||||||||||||||||||
| RoNW | 16.26 | 7.83 | ||||||||||||||||||||||
In the eMudhra IPO Retail Individual Investors (RII) are offered 56,43,560 shares while in Syrma SGS Technology IPO retail investors are offered 56,43,560 shares. Qualified Institutional Buyers (QIB) are offered 32,24,891 shares in eMudhra IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| eMudhra IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 48,37,336 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 32,24,891 shares | 76,37,508 shares |
| NII | 24,18,669 shares | 57,28,132 shares |
| RII | 56,43,560 shares | 1,33,65,640 shares |
| Employee | ||
| Others | ||
| Total | 1,61,24,456 shares | 3,81,87,541 shares |
eMudhra IPO subscribed 2.72x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| eMudhra IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 4.05x | 87.56x |
| NII (times) | 1.28x | 17.50x |
| Big NII (times) | 19.01x | |
| Small NII (times) | 14.47x | |
| RII (times) | 2.61x | 5.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.72x | 32.61x |
