Comparison between Azad Engineering IPO and EPACK Durable IPO.
Azad Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while EPACK Durable IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Azad Engineering IPO is up to ₹740.00 Cr whereas the issue size of the EPACK Durable IPO is up to ₹640.05 Cr. The final issue price of Azad Engineering IPO is ₹524.00 per share and of EPACK Durable IPO is ₹230.00 per share.
| Azad Engineering IPO | EPACK Durable IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹499.00 per share | ₹218.00 per share |
| Issue Price (Upper) | ₹524.00 per share | ₹230.00 per share |
| Issue Price (Final) | ₹524.00 per share | ₹230.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 28 shares | 65 shares |
| Fresh Issue Size | 45,80,151 shares | 1,73,91,304 shares |
| Fresh Issue Size (Amount) | up to ₹240.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 95,41,957 shares | 1,04,37,047 shares |
| OFS Issue Size (Amount) | up to ₹500.00 Cr | up to ₹240.05 Cr |
| Issue Size Total | 1,41,22,108 shares | 2,78,28,351 shares |
| Issue Size Total (Amount) | up to ₹740.00 Cr | up to ₹640.05 Cr |
Azad Engineering IPO opens on Dec 20, 2023, while EPACK Durable IPO opens on Jan 19, 2024. The closing date of Azad Engineering IPO and EPACK Durable IPO is Dec 22, 2023, and Jan 24, 2024, respectively.
| Azad Engineering IPO | EPACK Durable IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2023 | Jan 18, 2024 |
| Issue Open | Dec 20, 2023 | Jan 19, 2024 |
| Issue Close | Dec 22, 2023 | Jan 24, 2024 |
| Basis Of Allotment (Tentative) | Dec 26, 2023 | Jan 25, 2024 |
| Initiation of Refunds (Tentative) | Dec 27, 2023 | Jan 29, 2024 |
| Credit of Share (Tentative) | Dec 27, 2023 | Jan 29, 2024 |
| Listing date (Tentative) | Dec 28, 2023 | Jan 30, 2024 |
| Anchor Lockin End date 1 | Jan 25, 2024 | Feb 24, 2024 |
| Anchor Lockin End date 2 | Mar 25, 2024 | Apr 24, 2024 |
Azad Engineering IPO P/E ratio is 292.74, as compared to EPACK Durable IPO P/E ratio of 56.4.
| Azad Engineering IPO | EPACK Durable IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.61 | 85.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.9 | 65.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 292.74 | 56.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3097.52 Cr. | ₹2203.37 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 4.2% | 14.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.99% | 11.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.47 | 1.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.79 | ₹4.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 4.23% | 14.68% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Azad Engineering IPO Retail Individual Investors (RII) are offered 49,16,021 shares while in EPACK Durable IPO retail investors are offered 49,16,021 shares. Qualified Institutional Buyers (QIB) are offered 28,09,155 shares in Azad Engineering IPO and 55,65,671 shares in EPACK Durable IPO.
| Azad Engineering IPO | EPACK Durable IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,13,731 shares | 83,48,504 shares |
| Market Maker Reservation | ||
| QIB | 28,09,155 shares | 55,65,671 shares |
| NII | 21,06,866 shares | 41,74,253 shares |
| RII | 49,16,021 shares | 97,39,923 shares |
| Employee | 76,335 shares | |
| Others | ||
| Total | 1,41,22,108 shares | 2,78,28,351 shares |
Azad Engineering IPO subscribed 83.04x in total, whereas EPACK Durable IPO subscribed 16.79x.
| Azad Engineering IPO | EPACK Durable IPO | |
|---|---|---|
| QIB (times) | 179.64x | 25.59x |
| NII (times) | 90.24x | 29.07x |
| Big NII (times) | 93.30x | 31.60x |
| Small NII (times) | 84.12x | 21.74x |
| RII (times) | 24.51x | 6.50x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.04x | 16.79x |
