Comparison between Concord Control Systems IPO and Insolation Energy IPO.
Concord Control Systems IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Insolation Energy IPO is a SME Bookbuilding proposed to list at BSE SME.
| Concord Control Systems IPO | Insolation Energy IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Insolation Energy IPO is up to ₹21.04 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Insolation Energy IPO is ₹38.00 per share.
| Concord Control Systems IPO | Insolation Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹53.00 per share | ₹36.00 per share |
| Issue Price (Upper) | ₹55.00 per share | ₹38.00 per share |
| Issue Price (Final) | ₹55.00 per share | ₹38.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 14,34,000 shares | 55,38,000 shares |
| Fresh Issue Size (Amount) | up to ₹7.89 Cr | up to ₹21.04 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 14,34,000 shares | 55,38,000 shares |
| Issue Size Total (Amount) | up to ₹7.89 Cr | up to ₹21.04 Cr |
Concord Control Systems IPO opens on Sep 27, 2022, while Insolation Energy IPO opens on Sep 26, 2022. The closing date of Concord Control Systems IPO and Insolation Energy IPO is Sep 29, 2022, and Sep 29, 2022, respectively.
| Concord Control Systems IPO | Insolation Energy IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2022 | |
| Issue Open | Sep 27, 2022 | Sep 26, 2022 |
| Issue Close | Sep 29, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 04, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 06, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 07, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 10, 2022 |
| Anchor Lockin End date 1 | Nov 03, 2022 | |
| Anchor Lockin End date 2 | Jan 02, 2023 |
Concord Control Systems IPO P/E ratio is 12.14, as compared to Insolation Energy IPO P/E ratio of 11.41.
| Concord Control Systems IPO | Insolation Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.14 | 11.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31.42 Cr. | ₹79.16 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.45 | 31.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.74 | 46.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | 2.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.17 | ₹4.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 34.35 | 31.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Insolation Energy IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Insolation Energy IPO.
| Concord Control Systems IPO | Insolation Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,28,000 shares | |
| Market Maker Reservation | 78,000 shares | 2,94,000 shares |
| QIB | 2,88,000 shares | |
| NII | 2,16,000 shares | 27,69,000 shares |
| RII | 5,02,000 shares | 27,69,000 shares |
| Employee | ||
| Others | ||
| Total | 14,34,000 shares | 55,38,000 shares |
Concord Control Systems IPO subscribed 202.41x in total, whereas Insolation Energy IPO subscribed 192.79x.
| Concord Control Systems IPO | Insolation Energy IPO | |
|---|---|---|
| QIB (times) | 15.18x | |
| NII (times) | 307.40x | 150.02x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 424.26x | 235.55x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 202.41x | 192.79x |
