Apeejay Surrendra Park Hotels IPO vs Exicom Tele-Systems IPO

Comparison between Apeejay Surrendra Park Hotels IPO and Exicom Tele-Systems IPO.

IPO Details

Apeejay Surrendra Park Hotels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Exicom Tele-Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Apeejay Surrendra Park Hotels IPO is up to ₹920.00 Cr whereas the issue size of the Exicom Tele-Systems IPO is up to ₹429.00 Cr. The final issue price of Apeejay Surrendra Park Hotels IPO is ₹155.00 per share and of Exicom Tele-Systems IPO is ₹142.00 per share.

 Apeejay Surrendra Park Hotels IPOExicom Tele-Systems IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹147.00 per share₹135.00 per share
Issue Price (Upper)₹155.00 per share₹142.00 per share
Issue Price (Final)₹155.00 per share₹142.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size96 shares100 shares
Fresh Issue Size3,87,22,118 shares2,31,69,000 shares
Fresh Issue Size (Amount)up to ₹600.16 Crup to ₹329.00 Cr
OFS Issue Size2,06,35,528 shares70,42,200 shares
OFS Issue Size (Amount)up to ₹319.84 Crup to ₹100.00 Cr
Issue Size Total5,93,57,646 shares3,02,11,200 shares
Issue Size Total (Amount)up to ₹920.00 Crup to ₹429.00 Cr

IPO Timetable

Apeejay Surrendra Park Hotels IPO opens on Feb 05, 2024, while Exicom Tele-Systems IPO opens on Feb 27, 2024. The closing date of Apeejay Surrendra Park Hotels IPO and Exicom Tele-Systems IPO is Feb 07, 2024, and Feb 29, 2024, respectively.

 Apeejay Surrendra Park Hotels IPOExicom Tele-Systems IPO
Anchor Bid DateFeb 02, 2024Feb 26, 2024
Issue OpenFeb 05, 2024Feb 27, 2024
Issue CloseFeb 07, 2024Feb 29, 2024
Basis Of Allotment (Tentative)Feb 08, 2024Mar 01, 2024
Initiation of Refunds (Tentative)Feb 09, 2024Mar 04, 2024
Credit of Share (Tentative)Feb 09, 2024Mar 04, 2024
Listing date (Tentative)Feb 12, 2024Mar 05, 2024
Anchor Lockin End date 1Mar 09, 2024Mar 31, 2024
Anchor Lockin End date 2May 08, 2024May 30, 2024

Financials & KPIs

Apeejay Surrendra Park Hotels IPO P/E ratio is 56.33, as compared to Exicom Tele-Systems IPO P/E ratio of 217.63.

 Apeejay Surrendra Park Hotels IPOExicom Tele-Systems IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,382.511,361.791,275.181,280.34
Total Income272.31524.43267.83190.29
Profit After Tax22.9548.06-28.20-75.88
NET Worth578.71555.68508.51536.28
Reserves and Surplus561.24538.22491.05518.81
Total Borrowing597.09566.88622.68593.44
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets629.41705.09602.99678.46
Total Income467.21723.40848.96524.36
Profit After Tax27.466.375.143.45
NET Worth311.40232.00221.57213.44
Reserves and Surplus204.95213.61207.39201.55
Total Borrowing72.84117.92107.67101.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.1893.28
Promoter Shareholding (Post-Issue)68.13
P/E Ratio56.33217.63
Market Cap₹3307.26 Cr.₹1715.71 Cr.
ROE13.38%
ROCE10.92%
Debt/Equity0.99
EPS₹2.75₹0.65
RoNW9.03%2.75%

Shares Offered

In the Apeejay Surrendra Park Hotels IPO Retail Individual Investors (RII) are offered 58,70,967 shares while in Exicom Tele-Systems IPO retail investors are offered 58,70,967 shares. Qualified Institutional Buyers (QIB) are offered 1,76,12,904 shares in Apeejay Surrendra Park Hotels IPO and 1,01,19,700 shares in Exicom Tele-Systems IPO.

 Apeejay Surrendra Park Hotels IPOExicom Tele-Systems IPO
Anchor Investor Reservation2,64,19,354 shares1,25,38,800 shares
Market Maker Reservation
QIB1,76,12,904 shares1,01,19,700 shares
NII88,06,451 shares45,31,600 shares
RII58,70,967 shares30,21,100 shares
Employee6,75,675 shares
Others
Total5,93,85,351 shares3,02,11,200 shares

Bids Received (Subscription)

Apeejay Surrendra Park Hotels IPO subscribed 62.91x in total, whereas Exicom Tele-Systems IPO subscribed 133.56x.

 Apeejay Surrendra Park Hotels IPOExicom Tele-Systems IPO
QIB (times)79.23x124.82x
NII (times)55.26x159.29x
Big NII (times)61.55x163.96x
Small NII (times)42.68x149.95x
RII (times)32.00x124.27x
Employee (times)5.73x
Other (times)
Total (times)62.91x133.56x

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Apeejay Surrendra Park Hotels IPO Vs Exicom Tele-Systems IPO