Comparison between Esconet Technologies IPO and Thaai Casting IPO.
Esconet Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Thaai Casting IPO is a SME Bookbuilding proposed to list at NSE SME.
| Esconet Technologies IPO | Thaai Casting IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Esconet Technologies IPO is up to ₹26.75 Cr whereas the issue size of the Thaai Casting IPO is up to ₹44.52 Cr. The final issue price of Esconet Technologies IPO is ₹84.00 per share and of Thaai Casting IPO is ₹77.00 per share.
| Esconet Technologies IPO | Thaai Casting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹73.00 per share |
| Issue Price (Upper) | ₹84.00 per share | ₹77.00 per share |
| Issue Price (Final) | ₹84.00 per share | ₹77.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1600 shares |
| Fresh Issue Size | 31,84,000 shares | 57,82,400 shares |
| Fresh Issue Size (Amount) | up to ₹26.75 Cr | up to ₹44.52 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,84,000 shares | 57,82,400 shares |
| Issue Size Total (Amount) | up to ₹26.75 Cr | up to ₹44.52 Cr |
Esconet Technologies IPO opens on Feb 16, 2024, while Thaai Casting IPO opens on Feb 15, 2024. The closing date of Esconet Technologies IPO and Thaai Casting IPO is Feb 20, 2024, and Feb 20, 2024, respectively.
| Esconet Technologies IPO | Thaai Casting IPO | |
|---|---|---|
| Anchor Bid Date | Feb 15, 2024 | Feb 14, 2024 |
| Issue Open | Feb 16, 2024 | Feb 15, 2024 |
| Issue Close | Feb 20, 2024 | Feb 20, 2024 |
| Basis Of Allotment (Tentative) | Feb 21, 2024 | Feb 21, 2024 |
| Initiation of Refunds (Tentative) | Feb 22, 2024 | Feb 21, 2024 |
| Credit of Share (Tentative) | Feb 22, 2024 | Feb 22, 2024 |
| Listing date (Tentative) | Feb 23, 2024 | Feb 23, 2024 |
| Anchor Lockin End date 1 | Mar 22, 2024 | Mar 21, 2024 |
| Anchor Lockin End date 2 | May 21, 2024 | May 20, 2024 |
Esconet Technologies IPO P/E ratio is 24.87, as compared to Thaai Casting IPO P/E ratio of 25.99.
| Esconet Technologies IPO | Thaai Casting IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Esconet Technologies Limited Financial Information (Restated Consolidated)
| Thaai Casting Ltd Financial Information (Restated Standalone)Thaai Casting Ltd's revenue increased by 27.84% and profit after tax (PAT) rose by 336.49% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.18 | 86.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.87 | 25.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹103.82 Cr. | ₹178.10 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 75.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 59.11% | 13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.99 | 1.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹39.63 | ₹2.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 54.83% | 40.10% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Esconet Technologies IPO Retail Individual Investors (RII) are offered 11,15,200 shares while in Thaai Casting IPO retail investors are offered 11,15,200 shares. Qualified Institutional Buyers (QIB) are offered 6,36,800 shares in Esconet Technologies IPO and 11,55,200 shares in Thaai Casting IPO.
| Esconet Technologies IPO | Thaai Casting IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,53,600 shares | 17,34,400 shares |
| Market Maker Reserveration | 1,76,000 shares | 3,47,200 shares |
| QIB | 6,36,800 shares | 11,55,200 shares |
| NII | 4,78,400 shares | 8,68,800 shares |
| RII | 11,15,200 shares | 20,24,000 shares |
| Employee | ||
| Others | ||
| Total | 31,84,000 shares | 57,82,400 shares |
Esconet Technologies IPO subscribed 507.24x in total, whereas Thaai Casting IPO subscribed 375.43x.
| Esconet Technologies IPO | Thaai Casting IPO | |
|---|---|---|
| QIB (times) | 156.02x | 144.43x |
| NII (times) | 868.05x | 729.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 553.02x | 355.66x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 507.24x | 375.43x |
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