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Eleganz Interiors IPO vs H.M.Electro Mech IPO

Comparison between Eleganz Interiors IPO and H.M.Electro Mech IPO.

IPO Details

Eleganz Interiors IPO is a SME Bookbuilding IPO proposed to list at NSE SME while H.M.Electro Mech IPO is a SME Bookbuilding proposed to list at BSE SME.

 Eleganz Interiors IPOH.M.Electro Mech IPO
LogoEleganz Interiors IPO LogoH.M.Electro Mech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersVivro Financial Services Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerRikhav Securities Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Eleganz Interiors IPO is up to ₹74.15 Cr whereas the issue size of the H.M.Electro Mech IPO is up to ₹26.35 Cr. The final issue price of Eleganz Interiors IPO is ₹130.00 per share and of H.M.Electro Mech IPO is ₹75.00 per share.

 Eleganz Interiors IPOH.M.Electro Mech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹123.00 per share₹71.00 per share
Issue Price (Upper)₹130.00 per share₹75.00 per share
Issue Price (Final)₹130.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1600 shares
Fresh Issue Size57,04,000 shares35,13,600 shares
Fresh Issue Size (Amount)up to ₹74.15 Crup to ₹26.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total57,04,000 shares35,13,600 shares
Issue Size Total (Amount)up to ₹74.15 Crup to ₹26.35 Cr

IPO Timetable

Eleganz Interiors IPO opens on Feb 07, 2025, while H.M.Electro Mech IPO opens on Jan 24, 2025. The closing date of Eleganz Interiors IPO and H.M.Electro Mech IPO is Feb 11, 2025, and Jan 28, 2025, respectively.

 Eleganz Interiors IPOH.M.Electro Mech IPO
Anchor Bid DateFeb 06, 2025Jan 23, 2025
Issue OpenFeb 07, 2025Jan 24, 2025
Issue CloseFeb 11, 2025Jan 28, 2025
Basis Of Allotment (Tentative)Feb 12, 2025Jan 29, 2025
Initiation of Refunds (Tentative)Feb 13, 2025Jan 30, 2025
Credit of Share (Tentative)Feb 13, 2025Jan 30, 2025
Listing date (Tentative)Feb 14, 2025Jan 31, 2025
Anchor Lockin End date 1Mar 14, 2025Feb 28, 2025
Anchor Lockin End date 2May 13, 2025Apr 29, 2025

Financials & KPIs

Eleganz Interiors IPO P/E ratio is 17.67, as compared to H.M.Electro Mech IPO P/E ratio of 9.16.

 Eleganz Interiors IPOH.M.Electro Mech IPO
Financials

Eleganz Interiors Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets233.99172.12116.19103.03
Total Income192.4223.09191.17155.34
Profit After Tax9.5312.2110.315.09
Net Worth70.951.3739.1628.85
Reserves and Surplus54.3136.0138.227.89
Total Borrowing31.742.828.2322.62
Amount in ₹ Crore

H.M. Electro Mech Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets85.9972.1564.0844.34
Total Income45.43117.3101.6762.03
Profit After Tax3.348.196.012.58
Net Worth35.4232.2724.0818.07
Reserves and Surplus25.4222.2714.088.07
Total Borrowing7.3312.256.40.18
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.9497.47
Promoter Shareholding (Post-Issue)68.9871.15
P/E Ratio17.679.16
Market Cap₹293.80 Cr.₹102.74 Cr.
ROE26.96%29.06%
ROCE24.23%33.28%
Debt/Equity0.830.38
EPS₹7.36₹8.19
RoNW26.96%25.37%

Shares Offered

In the Eleganz Interiors IPO Retail Individual Investors (RII) are offered 19,97,000 shares while in H.M.Electro Mech IPO retail investors are offered 19,97,000 shares. Qualified Institutional Buyers (QIB) are offered 11,41,000 shares in Eleganz Interiors IPO and 7,02,400 shares in H.M.Electro Mech IPO.

 Eleganz Interiors IPOH.M.Electro Mech IPO
Anchor Investor Reserveration17,10,000 shares10,52,800 shares
Market Maker Reserveration3,01,000 shares1,85,600 shares
QIB11,41,000 shares7,02,400 shares
NII8,56,000 shares5,28,000 shares
RII19,97,000 shares12,30,400 shares
Employee0 shares0 shares
Others
Total57,04,000 shares35,13,600 shares

Bids Received (Subscription)

Eleganz Interiors IPO subscribed 30.65x in total, whereas H.M.Electro Mech IPO subscribed 91.75x.

 Eleganz Interiors IPOH.M.Electro Mech IPO
QIB (times)24.45x16.01x
NII (times)60.42x183.65x
Big NII (times)
Small NII (times)
RII (times)21.44x95.55x
Employee (times)
Other (times)
Total (times)30.65x91.75x