Comparison between Divgi TorqTransfer Systems IPO and Global Surfaces IPO.
Divgi TorqTransfer Systems 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 Divgi TorqTransfer Systems IPO is up to ₹412.12 Cr whereas the issue size of the Global Surfaces IPO is up to ₹154.98 Cr. The final issue price of Divgi TorqTransfer Systems IPO is ₹590.00 per share and of Global Surfaces IPO is ₹140.00 per share.
| Divgi TorqTransfer Systems IPO | Global Surfaces IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹590.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹590.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 25 shares | 100 shares |
| Fresh Issue Size | 30,50,847 shares | 85,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹180.00 Cr | up to ₹119.28 Cr |
| OFS Issue Size | 39,34,243 shares | 25,50,000 shares |
| OFS Issue Size (Amount) | up to ₹232.12 Cr | up to ₹35.70 Cr |
| Issue Size Total | 69,85,090 shares | 1,10,70,000 shares |
| Issue Size Total (Amount) | up to ₹412.12 Cr | up to ₹154.98 Cr |
Divgi TorqTransfer Systems IPO opens on Mar 01, 2023, while Global Surfaces IPO opens on Mar 13, 2023. The closing date of Divgi TorqTransfer Systems IPO and Global Surfaces IPO is Mar 03, 2023, and Mar 15, 2023, respectively.
| Divgi TorqTransfer Systems IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2023 | Mar 10, 2023 |
| Issue Open | Mar 01, 2023 | Mar 13, 2023 |
| Issue Close | Mar 03, 2023 | Mar 15, 2023 |
| Basis Of Allotment (Tentative) | Mar 09, 2023 | Mar 20, 2023 |
| Initiation of Refunds (Tentative) | Mar 10, 2023 | Mar 21, 2023 |
| Credit of Share (Tentative) | Mar 13, 2023 | Mar 22, 2023 |
| Listing date (Tentative) | Mar 14, 2023 | Mar 23, 2023 |
| Anchor Lockin End date 1 | Apr 08, 2023 | Apr 19, 2023 |
| Anchor Lockin End date 2 | Jun 07, 2023 | Jun 18, 2023 |
Divgi TorqTransfer Systems IPO P/E ratio is 35.16, as compared to Global Surfaces IPO P/E ratio of 21.84.
| Divgi TorqTransfer Systems IPO | Global Surfaces IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.18 | 99.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.16 | 21.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1804.39 Cr. | ₹593.35 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.52 | 26.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.47 | 20.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.00 | 0.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.76 | ₹10.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.57 | 32.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Divgi TorqTransfer Systems IPO Retail Individual Investors (RII) are offered 6,98,509 shares while in Global Surfaces IPO retail investors are offered 6,98,509 shares. Qualified Institutional Buyers (QIB) are offered 20,95,528 shares in Divgi TorqTransfer Systems IPO and 22,14,000 shares in Global Surfaces IPO.
| Divgi TorqTransfer Systems IPO | Global Surfaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,43,290 shares | 33,21,000 shares |
| Market Maker Reservation | ||
| QIB | 20,95,528 shares | 22,14,000 shares |
| NII | 10,47,763 shares | 16,60,500 shares |
| RII | 6,98,509 shares | 38,74,500 shares |
| Employee | ||
| Others | ||
| Total | 69,85,090 shares | 1,10,70,000 shares |
Divgi TorqTransfer Systems IPO subscribed 5.44x in total, whereas Global Surfaces IPO subscribed 12.21x.
| Divgi TorqTransfer Systems IPO | Global Surfaces IPO | |
|---|---|---|
| QIB (times) | 7.83x | 8.95x |
| NII (times) | 1.40x | 33.10x |
| Big NII (times) | 0.89x | 35.00x |
| Small NII (times) | 2.41x | 29.29x |
| RII (times) | 4.31x | 5.12x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.44x | 12.21x |
