Comparison between ideaForge Technology IPO and IKIO Lighting IPO.
ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IKIO Lighting 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 IKIO Lighting IPO is up to ₹606.50 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of IKIO Lighting IPO is ₹285.00 per share.
| ideaForge Technology IPO | IKIO Lighting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹638.00 per share | ₹270.00 per share |
| Issue Price (Upper) | ₹672.00 per share | ₹285.00 per share |
| Issue Price (Final) | ₹672.00 per share | ₹285.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹32.00 per share | |
| Market Lot Size | 22 shares | 52 shares |
| Fresh Issue Size | 35,72,052 shares | 1,22,80,701 shares |
| Fresh Issue Size (Amount) | up to ₹240.02 Cr | up to ₹350.00 Cr |
| OFS Issue Size | 48,69,712 shares | 90,00,000 shares |
| OFS Issue Size (Amount) | up to ₹327.22 Cr | up to ₹256.50 Cr |
| Issue Size Total | 84,41,764 shares | 2,12,80,701 shares |
| Issue Size Total (Amount) | up to ₹567.24 Cr | up to ₹606.50 Cr |
ideaForge Technology IPO opens on Jun 26, 2023, while IKIO Lighting IPO opens on Jun 06, 2023. The closing date of ideaForge Technology IPO and IKIO Lighting IPO is Jun 30, 2023, and Jun 08, 2023, respectively.
| ideaForge Technology IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | Jun 05, 2023 |
| Issue Open | Jun 26, 2023 | Jun 06, 2023 |
| Issue Close | Jun 30, 2023 | Jun 08, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | Jun 13, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | Jun 14, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | Jun 15, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | Jun 16, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Sep 11, 2023 |
ideaForge Technology IPO P/E ratio is 87.5, as compared to IKIO Lighting IPO P/E ratio of 32.13.
| ideaForge Technology IPO | IKIO Lighting IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Proforma Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.37 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | 72.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 87.5 | 32.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2800.20 Cr. | ₹2202.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | 36.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.51% | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.12 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.85% | 36.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in IKIO Lighting IPO retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 42,56,140 shares in IKIO Lighting IPO.
| ideaForge Technology IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,92,894 shares | 63,84,209 shares |
| Market Maker Reservation | ||
| QIB | 25,28,596 shares | 42,56,140 shares |
| NII | 12,64,297 shares | 31,92,106 shares |
| RII | 8,42,865 shares | 74,48,246 shares |
| Employee | 13,112 shares | |
| Others | ||
| Total | 84,41,764 shares | 2,12,80,701 shares |
ideaForge Technology IPO subscribed 106.06x in total, whereas IKIO Lighting IPO subscribed 67.75x.
| ideaForge Technology IPO | IKIO Lighting IPO | |
|---|---|---|
| QIB (times) | 125.81x | 163.06x |
| NII (times) | 80.58x | 65.38x |
| Big NII (times) | 81.99x | 69.01x |
| Small NII (times) | 77.77x | 58.13x |
| RII (times) | 85.20x | 14.31x |
| Employee (times) | 96.65x | |
| Other (times) | ||
| Total (times) | 106.06x | 67.75x |
