Comparison between Ethos IPO and Hariom Pipe Industries IPO.
Ethos IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Hariom Pipe Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the Hariom Pipe Industries IPO is up to ₹130.05 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of Hariom Pipe Industries IPO is ₹153.00 per share.
| Ethos IPO | Hariom Pipe Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹836.00 per share | ₹144.00 per share |
| Issue Price (Upper) | ₹878.00 per share | ₹153.00 per share |
| Issue Price (Final) | ₹878.00 per share | ₹153.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 17 shares | 98 shares |
| Fresh Issue Size | 42,71,070 shares | 85,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹375.00 Cr | up to ₹130.05 Cr |
| OFS Issue Size | 3,10,430 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹27.26 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,81,500 shares | 85,00,000 shares |
| Issue Size Total (Amount) | up to ₹402.26 Cr | up to ₹130.05 Cr |
Ethos IPO opens on May 18, 2022, while Hariom Pipe Industries IPO opens on Mar 30, 2022. The closing date of Ethos IPO and Hariom Pipe Industries IPO is May 20, 2022, and Apr 05, 2022, respectively.
| Ethos IPO | Hariom Pipe Industries IPO | |
|---|---|---|
| Anchor Bid Date | May 17, 2022 | |
| Issue Open | May 18, 2022 | Mar 30, 2022 |
| Issue Close | May 20, 2022 | Apr 05, 2022 |
| Basis Of Allotment (Tentative) | May 25, 2022 | Apr 08, 2022 |
| Initiation of Refunds (Tentative) | May 26, 2022 | Apr 11, 2022 |
| Credit of Share (Tentative) | May 27, 2022 | Apr 12, 2022 |
| Listing date (Tentative) | May 30, 2022 | Apr 13, 2022 |
| Anchor Lockin End date 1 | Jun 24, 2022 | |
| Anchor Lockin End date 2 | Aug 23, 2022 |
Ethos IPO P/E ratio is 96, as compared to Hariom Pipe Industries IPO P/E ratio of 15.15.
| Ethos IPO | Hariom Pipe Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.01 | 99.10 | ||||
| Promoter Shareholding (Post-Issue) | 61.65 | 66 | ||||
| P/E Ratio | 96 | 15.15 | ||||
| Market Cap | ₹2050.06 Cr. | ₹389.79 Cr. | ||||
| ROE | 21.38 | |||||
| ROCE | 27.41 | |||||
| Debt/Equity | 0.78 | 1.13 | ||||
| EPS | ₹3.18 | ₹10.64 | ||||
| RoNW | 3.72 | 21.38 |
In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in Hariom Pipe Industries IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 25,50,000 shares in Hariom Pipe Industries IPO.
| Ethos IPO | Hariom Pipe Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,13,725 shares | |
| Market Maker Reservation | ||
| QIB | 6,77,025 shares | 25,50,000 shares |
| NII | 6,87,225 shares | 29,75,000 shares |
| RII | 16,03,525 shares | 29,75,000 shares |
| Employee | ||
| Others | ||
| Total | 45,81,500 shares | 85,00,000 shares |
Ethos IPO subscribed 1.04x in total, whereas Hariom Pipe Industries IPO subscribed 7.93x.
| Ethos IPO | Hariom Pipe Industries IPO | |
|---|---|---|
| QIB (times) | 1.06x | 1.91x |
| NII (times) | 1.48x | 8.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 12.15x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.04x | 7.93x |
