Comparison between Inox India IPO and Suraj Estate Developers IPO.
Inox India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Inox India IPO is up to ₹1,459.32 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Inox India IPO is ₹660.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.
| Inox India IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹627.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹360.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹360.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 22 shares | 41 shares |
| Fresh Issue Size | 0 shares | 1,11,11,111 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,21,10,955 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,459.32 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,21,10,955 shares | 1,11,11,111 shares |
| Issue Size Total (Amount) | up to ₹1,459.32 Cr | up to ₹400.00 Cr |
Inox India IPO opens on Dec 14, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Inox India IPO and Suraj Estate Developers IPO is Dec 18, 2023, and Dec 20, 2023, respectively.
| Inox India IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | Dec 15, 2023 |
| Issue Open | Dec 14, 2023 | Dec 18, 2023 |
| Issue Close | Dec 18, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 19, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 20, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 20, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 21, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Jan 18, 2024 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Mar 18, 2024 | Mar 20, 2024 |
Inox India IPO P/E ratio is 39.22, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.
| Inox India IPO | Suraj Estate Developers IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.30 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.46 | 74.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.22 | 35.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5990.39 Cr. | ₹1597.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.79% | 58.18% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.53% | 21.93% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 8.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.83 | ₹10.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.79% | 58.18% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox India IPO Retail Individual Investors (RII) are offered 77,38,835 shares while in Suraj Estate Developers IPO retail investors are offered 77,38,835 shares. Qualified Institutional Buyers (QIB) are offered 44,22,191 shares in Inox India IPO and 22,22,222 shares in Suraj Estate Developers IPO.
| Inox India IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Investor Reservation | 66,33,285 shares | 33,33,333 shares |
| Market Maker Reservation | ||
| QIB | 44,22,191 shares | 22,22,222 shares |
| NII | 33,16,644 shares | 16,66,667 shares |
| RII | 77,38,835 shares | 38,88,889 shares |
| Employee | ||
| Others | ||
| Total | 2,21,10,955 shares | 1,11,11,111 shares |
Inox India IPO subscribed 61.28x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.
| Inox India IPO | Suraj Estate Developers IPO | |
|---|---|---|
| QIB (times) | 147.80x | 25.74x |
| NII (times) | 53.20x | 20.02x |
| Big NII (times) | 56.55x | 18.37x |
| Small NII (times) | 46.52x | 23.31x |
| RII (times) | 15.30x | 9.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 61.28x | 16.57x |
