Concord Biotech IPO vs Netweb Technologies IPO

Comparison between Concord Biotech IPO and Netweb Technologies IPO.

IPO Details

Concord Biotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Netweb Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Concord Biotech IPO is up to ₹1,550.52 Cr whereas the issue size of the Netweb Technologies IPO is up to ₹631.00 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of Netweb Technologies IPO is ₹500.00 per share.

 Concord Biotech IPONetweb Technologies IPO
Face Value₹1 per share₹2 per share
Issue Price (Lower)₹705.00 per share₹475.00 per share
Issue Price (Upper)₹741.00 per share₹500.00 per share
Issue Price (Final)₹741.00 per share₹500.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹70.00 per share₹25.00 per share
Market Lot Size20 shares30 shares
Fresh Issue Size0 shares41,21,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹206.03 Cr
OFS Issue Size2,09,25,652 shares85,00,000 shares
OFS Issue Size (Amount)up to ₹1,550.52 Crup to ₹424.97 Cr
Issue Size Total2,09,25,652 shares1,26,21,000 shares
Issue Size Total (Amount)up to ₹1,550.52 Crup to ₹631.00 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while Netweb Technologies IPO opens on Jul 17, 2023. The closing date of Concord Biotech IPO and Netweb Technologies IPO is Aug 08, 2023, and Jul 19, 2023, respectively.

 Concord Biotech IPONetweb Technologies IPO
Anchor Bid DateAug 03, 2023Jul 14, 2023
Issue OpenAug 04, 2023Jul 17, 2023
Issue CloseAug 08, 2023Jul 19, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Jul 24, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Jul 25, 2023
Credit of Share (Tentative)Aug 17, 2023Jul 26, 2023
Listing date (Tentative)Aug 18, 2023Jul 27, 2023
Anchor Lockin End date 1Sep 10, 2023Aug 23, 2023
Anchor Lockin End date 2Nov 09, 2023Oct 22, 2023

Financials & KPIs

Concord Biotech IPO P/E ratio is 32.29, as compared to Netweb Technologies IPO P/E ratio of 59.67.

 Concord Biotech IPONetweb Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,513.981,312.801,182.55
Total Income888.48736.35630.75
Profit After Tax240.08174.93234.89
NET Worth1,290.001,103.22999.37
Total Borrowing31.2460.5986.35
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets265.95148.61110.2050.59
Total Income445.65247.94144.29157.23
Profit After Tax46.9422.458.233.91
NET Worth93.6744.3721.8213.65
Reserves and Surplus83.4838.7116.157.99
Total Borrowing35.6034.4830.5415.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)44.0897.80
Promoter Shareholding (Post-Issue)44.0875.45
P/E Ratio32.2959.67
Market Cap₹7752.06 Cr.₹2803.20 Cr.
ROE20.06%68.01%
ROCE24.27%64.42%
Debt/Equity0.30
EPS₹20.79₹9.22
RoNW20%68.01%

Shares Offered

In the Concord Biotech IPO Retail Individual Investors (RII) are offered 73,20,479 shares while in Netweb Technologies IPO retail investors are offered 73,20,479 shares. Qualified Institutional Buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 25,20,200 shares in Netweb Technologies IPO.

 Concord Biotech IPONetweb Technologies IPO
Anchor Investor Reservation62,74,695 shares37,80,300 shares
Market Maker Reservation
QIB41,83,130 shares25,20,200 shares
NII31,37,348 shares18,90,150 shares
RII73,20,479 shares44,10,350 shares
Employee10,000 shares20,000 shares
Others
Total2,09,25,652 shares1,26,21,000 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas Netweb Technologies IPO subscribed 90.55x.

 Concord Biotech IPONetweb Technologies IPO
QIB (times)67.67x220.69x
NII (times)16.99x83.21x
Big NII (times)19.30x88.29x
Small NII (times)12.37x73.07x
RII (times)3.78x19.48x
Employee (times)24.48x55.92x
Other (times)
Total (times)24.87x90.55x

Compare with others

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Concord Biotech IPO Vs Netweb Technologies IPO