Comparison between IRM Energy IPO and Valiant Laboratories IPO.
IRM Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Valiant Laboratories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRM Energy IPO is up to ₹545.00 Cr whereas the issue size of the Valiant Laboratories IPO is up to ₹152.46 Cr. The final issue price of IRM Energy IPO is ₹505.00 per share and of Valiant Laboratories IPO is ₹140.00 per share.
| IRM Energy IPO | Valiant Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹480.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹505.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹505.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 29 shares | 105 shares |
| Fresh Issue Size | 1,08,00,000 shares | 1,08,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹545.00 Cr | up to ₹152.46 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 | 1,08,00,000 shares | 1,08,90,000 shares |
| Issue Size Total (Amount) | up to ₹545.00 Cr | up to ₹152.46 Cr |
IRM Energy IPO opens on Oct 18, 2023, while Valiant Laboratories IPO opens on Sep 27, 2023. The closing date of IRM Energy IPO and Valiant Laboratories IPO is Oct 20, 2023, and Oct 03, 2023, respectively.
| IRM Energy IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | Oct 17, 2023 | Sep 26, 2023 |
| Issue Open | Oct 18, 2023 | Sep 27, 2023 |
| Issue Close | Oct 20, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 27, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 27, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 30, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 26, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Nov 26, 2023 | Nov 04, 2023 |
| Anchor Lockin End date 2 | Jan 25, 2024 | Jan 03, 2024 |
IRM Energy IPO P/E ratio is 24.13, as compared to Valiant Laboratories IPO P/E ratio of 15.71.
| IRM Energy IPO | Valiant Laboratories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.94 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.13 | 15.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2073.51 Cr. | ₹608.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.23% | 33.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.19% | 22.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹20.93 | ₹8.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 28.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IRM Energy IPO Retail Individual Investors (RII) are offered 37,04,400 shares while in Valiant Laboratories IPO retail investors are offered 37,04,400 shares. Qualified Institutional Buyers (QIB) are offered 21,16,800 shares in IRM Energy IPO and 21,78,030 shares in Valiant Laboratories IPO.
| IRM Energy IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,75,200 shares | 32,66,970 shares |
| Market Maker Reservation | ||
| QIB | 21,16,800 shares | 21,78,030 shares |
| NII | 15,87,600 shares | 16,33,500 shares |
| RII | 37,04,400 shares | 38,11,500 shares |
| Employee | 2,16,000 shares | |
| Others | ||
| Total | 1,08,00,000 shares | 1,08,90,000 shares |
IRM Energy IPO subscribed 27.05x in total, whereas Valiant Laboratories IPO subscribed 29.76x.
| IRM Energy IPO | Valiant Laboratories IPO | |
|---|---|---|
| QIB (times) | 44.73x | 20.83x |
| NII (times) | 48.34x | 73.64x |
| Big NII (times) | 52.29x | 78.64x |
| Small NII (times) | 40.46x | 63.64x |
| RII (times) | 9.29x | 16.06x |
| Employee (times) | 2.05x | |
| Other (times) | ||
| Total (times) | 27.05x | 29.76x |
