Comparison between Harsha Engineers IPO and Paradeep Phosphates IPO.
Harsha Engineers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Paradeep Phosphates IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Harsha Engineers IPO is up to ₹755.00 Cr whereas the issue size of the Paradeep Phosphates IPO is up to ₹1,501.73 Cr. The final issue price of Harsha Engineers IPO is ₹330.00 per share and of Paradeep Phosphates IPO is ₹42.00 per share.
| Harsha Engineers IPO | Paradeep Phosphates IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹314.00 per share | ₹39.00 per share |
| Issue Price (Upper) | ₹330.00 per share | ₹42.00 per share |
| Issue Price (Final) | ₹330.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹31.00 per share | |
| Market Lot Size | 45 shares | 350 shares |
| Fresh Issue Size | 1,37,95,695 shares | 23,90,47,619 shares |
| Fresh Issue Size (Amount) | up to ₹455.10 Cr | up to ₹1,004.00 Cr |
| OFS Issue Size | 90,90,900 shares | 11,85,07,493 shares |
| OFS Issue Size (Amount) | up to ₹299.90 Cr | up to ₹497.73 Cr |
| Issue Size Total | 2,28,86,595 shares | 35,75,55,112 shares |
| Issue Size Total (Amount) | up to ₹755.00 Cr | up to ₹1,501.73 Cr |
Harsha Engineers IPO opens on Sep 14, 2022, while Paradeep Phosphates IPO opens on May 17, 2022. The closing date of Harsha Engineers IPO and Paradeep Phosphates IPO is Sep 16, 2022, and May 19, 2022, respectively.
| Harsha Engineers IPO | Paradeep Phosphates IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2022 | May 13, 2022 |
| Issue Open | Sep 14, 2022 | May 17, 2022 |
| Issue Close | Sep 16, 2022 | May 19, 2022 |
| Basis Of Allotment (Tentative) | Sep 21, 2022 | May 24, 2022 |
| Initiation of Refunds (Tentative) | Sep 22, 2022 | May 25, 2022 |
| Credit of Share (Tentative) | Sep 23, 2022 | May 26, 2022 |
| Listing date (Tentative) | Sep 26, 2022 | May 27, 2022 |
| Anchor Lockin End date 1 | Oct 21, 2022 | Jun 23, 2022 |
| Anchor Lockin End date 2 | Dec 20, 2022 | Aug 22, 2022 |
Harsha Engineers IPO P/E ratio is 32.67, as compared to Paradeep Phosphates IPO P/E ratio of 7.07.
| Harsha Engineers IPO | Paradeep Phosphates IPO | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials ()
| |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.70 | 100 | |||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.6 | ||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.67 | 7.07 | |||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3004.20 Cr. | ₹3420.89 Cr. | |||||||||||||||||||||||||||||||||||||
| ROE | 17 | ||||||||||||||||||||||||||||||||||||||
| ROCE | 23 | ||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | ||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.06 | ₹3.88 | |||||||||||||||||||||||||||||||||||||
| RoNW | 17.42 | 12.22 | |||||||||||||||||||||||||||||||||||||
In the Harsha Engineers IPO Retail Individual Investors (RII) are offered 79,81,065 shares while in Paradeep Phosphates IPO retail investors are offered 79,81,065 shares. Qualified Institutional Buyers (QIB) are offered 45,60,615 shares in Harsha Engineers IPO and 7,15,11,022 shares in Paradeep Phosphates IPO.
| Harsha Engineers IPO | Paradeep Phosphates IPO | |
|---|---|---|
| Anchor Investor Reservation | 68,40,855 shares | 10,72,66,533 shares |
| Market Maker Reservation | ||
| QIB | 45,60,615 shares | 7,15,11,022 shares |
| NII | 34,20,450 shares | 5,36,33,267 shares |
| RII | 79,81,065 shares | 12,51,44,290 shares |
| Employee | 83,610 shares | |
| Others | ||
| Total | 2,28,86,595 shares | 35,75,55,112 shares |
Harsha Engineers IPO subscribed 74.70x in total, whereas Paradeep Phosphates IPO subscribed 1.75x.
| Harsha Engineers IPO | Paradeep Phosphates IPO | |
|---|---|---|
| QIB (times) | 178.26x | 3.01x |
| NII (times) | 71.32x | 0.82x |
| Big NII (times) | 74.78x | |
| Small NII (times) | 64.41x | |
| RII (times) | 17.63x | 1.37x |
| Employee (times) | 12.07x | |
| Other (times) | ||
| Total (times) | 74.70x | 1.75x |
