Electronics Mart IPO vs Harsha Engineers IPO

Comparison between Electronics Mart IPO and Harsha Engineers IPO.

IPO Details

Electronics Mart IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Harsha Engineers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Electronics Mart IPO is up to ₹500.00 Cr whereas the issue size of the Harsha Engineers IPO is up to ₹755.00 Cr. The final issue price of Electronics Mart IPO is ₹59.00 per share and of Harsha Engineers IPO is ₹330.00 per share.

 Electronics Mart IPOHarsha Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹314.00 per share
Issue Price (Upper)₹59.00 per share₹330.00 per share
Issue Price (Final)₹59.00 per share₹330.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹31.00 per share
Market Lot Size254 shares45 shares
Fresh Issue Size8,47,45,762 shares1,37,95,695 shares
Fresh Issue Size (Amount)up to ₹500.00 Crup to ₹455.10 Cr
OFS Issue Size0 shares90,90,900 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹299.90 Cr
Issue Size Total8,47,45,762 shares2,28,86,595 shares
Issue Size Total (Amount)up to ₹500.00 Crup to ₹755.00 Cr

IPO Timetable

Electronics Mart IPO opens on Oct 04, 2022, while Harsha Engineers IPO opens on Sep 14, 2022. The closing date of Electronics Mart IPO and Harsha Engineers IPO is Oct 07, 2022, and Sep 16, 2022, respectively.

 Electronics Mart IPOHarsha Engineers IPO
Anchor Bid DateOct 03, 2022Sep 13, 2022
Issue OpenOct 04, 2022Sep 14, 2022
Issue CloseOct 07, 2022Sep 16, 2022
Basis Of Allotment (Tentative)Oct 12, 2022Sep 21, 2022
Initiation of Refunds (Tentative)Oct 13, 2022Sep 22, 2022
Credit of Share (Tentative)Oct 14, 2022Sep 23, 2022
Listing date (Tentative)Oct 17, 2022Sep 26, 2022
Anchor Lockin End date 1Nov 11, 2022Oct 21, 2022
Anchor Lockin End date 2Jan 10, 2023Dec 20, 2022

Financials & KPIs

Electronics Mart IPO P/E ratio is 13.95, as compared to Harsha Engineers IPO P/E ratio of 32.67.

 Electronics Mart IPOHarsha Engineers IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,755.581,824.741,523.531,347.601,109.15
Total Income1,410.254,353.073,207.373,179.022,826.10
Profit After Tax40.66103.8958.6281.6177.10
NET Worth637.97596.51491.92433.08340.50
Reserves and Surplus0.000.000.000.00
Total Borrowing475.91593.64547.95520.55377.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,158.25981.07973.24195.00
Total Income1,339.00876.73899.51117.91
Profit After Tax91.9445.4421.91-27.41
NET Worth527.90433.22378.021.41
Reserves and Surplus0.000.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.70
Promoter Shareholding (Post-Issue)77.9774.6
P/E Ratio13.9532.67
Market Cap₹2270.02 Cr.₹3004.20 Cr.
ROE17.4217
ROCE18.8723
Debt/Equity48.040.74
EPS₹3.46₹16.06
RoNW17.4217.42

Shares Offered

In the Electronics Mart IPO Retail Individual Investors (RII) are offered 2,96,61,017 shares while in Harsha Engineers IPO retail investors are offered 2,96,61,017 shares. Qualified Institutional Buyers (QIB) are offered 1,69,49,152 shares in Electronics Mart IPO and 45,60,615 shares in Harsha Engineers IPO.

 Electronics Mart IPOHarsha Engineers IPO
Anchor Investor Reservation2,54,23,728 shares68,40,855 shares
Market Maker Reservation
QIB1,69,49,152 shares45,60,615 shares
NII1,27,11,865 shares34,20,450 shares
RII2,96,61,017 shares79,81,065 shares
Employee83,610 shares
Others
Total8,47,45,762 shares2,28,86,595 shares

Bids Received (Subscription)

Electronics Mart IPO subscribed 71.93x in total, whereas Harsha Engineers IPO subscribed 74.70x.

 Electronics Mart IPOHarsha Engineers IPO
QIB (times)169.54x178.26x
NII (times)63.59x71.32x
Big NII (times)66.18x74.78x
Small NII (times)58.42x64.41x
RII (times)19.72x17.63x
Employee (times)12.07x
Other (times)
Total (times)71.93x74.70x

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Electronics Mart IPO Vs Harsha Engineers IPO