Comparison between Avalon Technologies IPO and Global Surfaces IPO.
Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Global Surfaces IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the Global Surfaces IPO is up to ₹154.98 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Global Surfaces IPO is ₹140.00 per share.
| Avalon Technologies IPO | Global Surfaces IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹415.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹436.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹436.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 34 shares | 100 shares |
| Fresh Issue Size | 73,39,449 shares | 85,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹119.28 Cr |
| OFS Issue Size | 1,24,99,997 shares | 25,50,000 shares |
| OFS Issue Size (Amount) | up to ₹545.00 Cr | up to ₹35.70 Cr |
| Issue Size Total | 1,98,39,446 shares | 1,10,70,000 shares |
| Issue Size Total (Amount) | up to ₹865.00 Cr | up to ₹154.98 Cr |
Avalon Technologies IPO opens on Apr 03, 2023, while Global Surfaces IPO opens on Mar 13, 2023. The closing date of Avalon Technologies IPO and Global Surfaces IPO is Apr 06, 2023, and Mar 15, 2023, respectively.
| Avalon Technologies IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Bid Date | Mar 31, 2023 | Mar 10, 2023 |
| Issue Open | Apr 03, 2023 | Mar 13, 2023 |
| Issue Close | Apr 06, 2023 | Mar 15, 2023 |
| Basis Of Allotment (Tentative) | Apr 12, 2023 | Mar 20, 2023 |
| Initiation of Refunds (Tentative) | Apr 13, 2023 | Mar 21, 2023 |
| Credit of Share (Tentative) | Apr 17, 2023 | Mar 22, 2023 |
| Listing date (Tentative) | Apr 18, 2023 | Mar 23, 2023 |
| Anchor Lockin End date 1 | May 12, 2023 | Apr 19, 2023 |
| Anchor Lockin End date 2 | Jul 11, 2023 | Jun 18, 2023 |
Avalon Technologies IPO P/E ratio is 55.54, as compared to Global Surfaces IPO P/E ratio of 21.84.
| Avalon Technologies IPO | Global Surfaces IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 70.75 | 99.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 55.54 | 21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2846.76 Cr. | ₹593.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 85.9 | 26.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.4 | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.64 | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.30 | ₹10.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 85.86 | 32.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Global Surfaces IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 22,14,000 shares in Global Surfaces IPO.
| Avalon Technologies IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,27,751 shares | 33,21,000 shares |
| Market Maker Reservation | ||
| QIB | 59,51,835 shares | 22,14,000 shares |
| NII | 29,75,916 shares | 16,60,500 shares |
| RII | 19,83,944 shares | 38,74,500 shares |
| Employee | ||
| Others | ||
| Total | 1,98,39,446 shares | 1,10,70,000 shares |
Avalon Technologies IPO subscribed 2.34x in total, whereas Global Surfaces IPO subscribed 12.21x.
| Avalon Technologies IPO | Global Surfaces IPO | |
|---|---|---|
| QIB (times) | 3.77x | 8.95x |
| NII (times) | 0.43x | 33.10x |
| Big NII (times) | 0.44x | 35.00x |
| Small NII (times) | 0.41x | 29.29x |
| RII (times) | 0.88x | 5.12x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.34x | 12.21x |
