Comparison between ideaForge Technology IPO and Senco Gold IPO.
ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ideaForge Technology IPO is up to ₹567.24 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Senco Gold IPO is ₹317.00 per share.
| ideaForge Technology IPO | Senco Gold IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹638.00 per share | ₹301.00 per share |
| Issue Price (Upper) | ₹672.00 per share | ₹317.00 per share |
| Issue Price (Final) | ₹672.00 per share | ₹317.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹32.00 per share | |
| Market Lot Size | 22 shares | 47 shares |
| Fresh Issue Size | 35,72,052 shares | 85,17,350 shares |
| Fresh Issue Size (Amount) | up to ₹240.02 Cr | up to ₹270.00 Cr |
| OFS Issue Size | 48,69,712 shares | 42,58,675 shares |
| OFS Issue Size (Amount) | up to ₹327.22 Cr | up to ₹135.00 Cr |
| Issue Size Total | 84,41,764 shares | 1,27,76,025 shares |
| Issue Size Total (Amount) | up to ₹567.24 Cr | up to ₹405.00 Cr |
ideaForge Technology IPO opens on Jun 26, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of ideaForge Technology IPO and Senco Gold IPO is Jun 30, 2023, and Jul 06, 2023, respectively.
| ideaForge Technology IPO | Senco Gold IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | Jul 03, 2023 |
| Issue Open | Jun 26, 2023 | Jul 04, 2023 |
| Issue Close | Jun 30, 2023 | Jul 06, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | Jul 11, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | Jul 12, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | Jul 13, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | Jul 14, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Aug 10, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Oct 09, 2023 |
ideaForge Technology IPO P/E ratio is 87.5, as compared to Senco Gold IPO P/E ratio of 15.53.
| ideaForge Technology IPO | Senco Gold IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.37 | 76.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | 68.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 87.5 | 15.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2800.20 Cr. | ₹2462.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | 18.9% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.51% | 14.2% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 1.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.12 | ₹22.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.85% | 18.96% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in Senco Gold IPO retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 25,55,205 shares in Senco Gold IPO.
| ideaForge Technology IPO | Senco Gold IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,92,894 shares | 38,32,807 shares |
| Market Maker Reservation | ||
| QIB | 25,28,596 shares | 25,55,205 shares |
| NII | 12,64,297 shares | 19,16,404 shares |
| RII | 8,42,865 shares | 44,71,609 shares |
| Employee | 13,112 shares | |
| Others | ||
| Total | 84,41,764 shares | 1,27,76,025 shares |
ideaForge Technology IPO subscribed 106.06x in total, whereas Senco Gold IPO subscribed 77.25x.
| ideaForge Technology IPO | Senco Gold IPO | |
|---|---|---|
| QIB (times) | 125.81x | 190.56x |
| NII (times) | 80.58x | 68.44x |
| Big NII (times) | 81.99x | 72.05x |
| Small NII (times) | 77.77x | 61.23x |
| RII (times) | 85.20x | 16.28x |
| Employee (times) | 96.65x | |
| Other (times) | ||
| Total (times) | 106.06x | 77.25x |
