Le Travenues Technology IPO vs Ola Electric Mobility IPO

Comparison between Le Travenues Technology IPO and Ola Electric Mobility IPO.

IPO Details

Le Travenues Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ola Electric Mobility IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Le Travenues Technology IPO is up to ₹740.10 Cr whereas the issue size of the Ola Electric Mobility IPO is up to ₹6,145.56 Cr. The final issue price of Le Travenues Technology IPO is ₹93.00 per share and of Ola Electric Mobility IPO is ₹76.00 per share.

 Le Travenues Technology IPOOla Electric Mobility IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹88.00 per share₹72.00 per share
Issue Price (Upper)₹93.00 per share₹76.00 per share
Issue Price (Final)₹93.00 per share₹76.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹7.00 per share
Market Lot Size161 shares195 shares
Fresh Issue Size1,29,03,225 shares72,37,57,627 shares
Fresh Issue Size (Amount)up to ₹120.00 Crup to ₹5,500.06 Cr
OFS Issue Size6,66,77,674 shares8,49,41,997 shares
OFS Issue Size (Amount)up to ₹620.10 Crup to ₹645.50 Cr
Issue Size Total7,95,80,899 shares80,86,99,624 shares
Issue Size Total (Amount)up to ₹740.10 Crup to ₹6,145.56 Cr

IPO Timetable

Le Travenues Technology IPO opens on Jun 10, 2024, while Ola Electric Mobility IPO opens on Aug 02, 2024. The closing date of Le Travenues Technology IPO and Ola Electric Mobility IPO is Jun 12, 2024, and Aug 06, 2024, respectively.

 Le Travenues Technology IPOOla Electric Mobility IPO
Anchor Bid DateJun 07, 2024Aug 01, 2024
Issue OpenJun 10, 2024Aug 02, 2024
Issue CloseJun 12, 2024Aug 06, 2024
Basis Of Allotment (Tentative)Jun 13, 2024Aug 07, 2024
Initiation of Refunds (Tentative)Jun 14, 2024Aug 08, 2024
Credit of Share (Tentative)Jun 14, 2024Aug 08, 2024
Listing date (Tentative)Jun 18, 2024Aug 09, 2024
Anchor Lockin End date 1Jul 13, 2024Sep 05, 2024
Anchor Lockin End date 2Sep 11, 2024Nov 04, 2024

Financials & KPIs

Le Travenues Technology IPO P/E ratio is 148.87, as compared to Ola Electric Mobility IPO P/E ratio of -17.69.

 Le Travenues Technology IPOOla Electric Mobility IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets678.71585.93538.47185.07
Total Income497.10517.57384.94138.41
Profit After Tax65.7123.40-21.097.53
NET Worth437.13373.76342.6929.94
Reserves and Surplus399.83334.17303.22-212.60
Total Borrowing43.360.542.7314.94
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets7,735.415,573.175,395.862,112.64
Total Income5,243.272,782.70456.26106.08
Profit After Tax-1,584.40-1,472.08-784.15-199.23
NET Worth2,019.342,356.443,661.451,970.62
Reserves and Surplus-2,882.54-1,380.03-68.831,999.30
Total Borrowing2,389.211,645.75750.4138.87
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)45.14
Promoter Shareholding (Post-Issue)36.78
P/E Ratio148.87-17.69
Market Cap₹3603.04 Cr.₹33521.75 Cr.
ROE
ROCE
Debt/Equity
EPS₹0.62₹-4.30
RoNW15.26%-78.46%

Shares Offered

In the Le Travenues Technology IPO Retail Individual Investors (RII) are offered 79,58,089 shares while in Ola Electric Mobility IPO retail investors are offered 79,58,089 shares. Qualified Institutional Buyers (QIB) are offered 2,38,74,271 shares in Le Travenues Technology IPO and 24,23,70,758 shares in Ola Electric Mobility IPO.

 Le Travenues Technology IPOOla Electric Mobility IPO
Anchor Investor Reservation3,58,11,405 shares36,35,56,135 shares
Market Maker Reservation
QIB2,38,74,271 shares24,23,70,758 shares
NII1,19,37,134 shares12,11,85,378 shares
RII79,58,089 shares8,07,90,252 shares
Employee7,97,101 shares
Others
Total7,95,80,899 shares80,86,99,624 shares

Bids Received (Subscription)

Le Travenues Technology IPO subscribed 98.10x in total, whereas Ola Electric Mobility IPO subscribed 4.45x.

 Le Travenues Technology IPOOla Electric Mobility IPO
QIB (times)106.73x5.53x
NII (times)110.25x2.51x
Big NII (times)117.40x2.75x
Small NII (times)95.95x2.03x
RII (times)53.95x4.05x
Employee (times)12.38x
Other (times)
Total (times)98.10x4.45x

Compare with others

Compare:

Le Travenues Technology IPO Vs Ola Electric Mobility IPO