Comparison between Indegene IPO and TBO Tek IPO.
Indegene IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Indegene IPO is up to ₹1,841.76 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Indegene IPO is ₹452.00 per share and of TBO Tek IPO is ₹920.00 per share.
| Indegene IPO | TBO Tek IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹430.00 per share | ₹875.00 per share |
| Issue Price (Upper) | ₹452.00 per share | ₹920.00 per share |
| Issue Price (Final) | ₹452.00 per share | ₹920.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹30.00 per share | ₹0.00 per share |
| Market Lot Size | 33 shares | 16 shares |
| Fresh Issue Size | 1,68,33,818 shares | 43,47,826 shares |
| Fresh Issue Size (Amount) | up to ₹760.52 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,39,32,732 shares | 1,25,08,797 shares |
| OFS Issue Size (Amount) | up to ₹1,081.24 Cr | up to ₹1,150.81 Cr |
| Issue Size Total | 4,07,66,550 shares | 1,68,56,623 shares |
| Issue Size Total (Amount) | up to ₹1,841.76 Cr | up to ₹1,550.81 Cr |
Indegene IPO opens on May 06, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Indegene IPO and TBO Tek IPO is May 08, 2024, and May 10, 2024, respectively.
| Indegene IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2024 | May 07, 2024 |
| Issue Open | May 06, 2024 | May 08, 2024 |
| Issue Close | May 08, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 09, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 10, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 10, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 13, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 08, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 2 | Aug 07, 2024 | Aug 11, 2024 |
Indegene IPO P/E ratio is 37.78, as compared to TBO Tek IPO P/E ratio of 64.58.
| Indegene IPO | TBO Tek IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 30.71 | 51.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 64.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10814.07 Cr. | ₹9990.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.96 | ₹14.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 30.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indegene IPO Retail Individual Investors (RII) are offered 1,41,64,620 shares while in TBO Tek IPO retail investors are offered 1,41,64,620 shares. Qualified Institutional Buyers (QIB) are offered 80,94,068 shares in Indegene IPO and 50,47,205 shares in TBO Tek IPO.
| Indegene IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,21,41,102 shares | 75,70,807 shares |
| Market Maker Reservation | ||
| QIB | 80,94,068 shares | 50,47,205 shares |
| NII | 60,70,552 shares | 25,23,602 shares |
| RII | 1,41,64,620 shares | 16,82,401 shares |
| Employee | 2,96,208 shares | 32,608 shares |
| Others | ||
| Total | 4,07,66,550 shares | 1,68,56,623 shares |
Indegene IPO subscribed 70.30x in total, whereas TBO Tek IPO subscribed 86.69x.
| Indegene IPO | TBO Tek IPO | |
|---|---|---|
| QIB (times) | 192.72x | 125.51x |
| NII (times) | 55.91x | 50.60x |
| Big NII (times) | 62.23x | 55.82x |
| Small NII (times) | 43.26x | 40.15x |
| RII (times) | 7.86x | 25.72x |
| Employee (times) | 6.62x | 17.81x |
| Other (times) | ||
| Total (times) | 70.30x | 86.69x |
