Comparison between IKIO Lighting IPO and Nexus Select Trust REIT.
IKIO Lighting IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nexus Select Trust REIT is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.
| IKIO Lighting IPO | Nexus Select Trust REIT | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹270.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹285.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹285.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 52 shares | 150 shares |
| Fresh Issue Size | 1,22,80,701 shares | 14,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹350.00 Cr | up to ₹1,400.00 Cr |
| OFS Issue Size | 90,00,000 shares | 18,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹256.50 Cr | up to ₹1,800.00 Cr |
| Issue Size Total | 2,12,80,701 shares | 32,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹606.50 Cr | up to ₹3,200.00 Cr |
IKIO Lighting IPO opens on Jun 06, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of IKIO Lighting IPO and Nexus Select Trust REIT is Jun 08, 2023, and May 11, 2023, respectively.
| IKIO Lighting IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Bid Date | Jun 05, 2023 | May 08, 2023 |
| Issue Open | Jun 06, 2023 | May 09, 2023 |
| Issue Close | Jun 08, 2023 | May 11, 2023 |
| Basis Of Allotment (Tentative) | Jun 13, 2023 | May 16, 2023 |
| Initiation of Refunds (Tentative) | Jun 14, 2023 | May 17, 2023 |
| Credit of Share (Tentative) | Jun 15, 2023 | May 18, 2023 |
| Listing date (Tentative) | Jun 16, 2023 | May 19, 2023 |
| Anchor Lockin End date 1 | Jul 13, 2023 | Jun 15, 2023 |
| Anchor Lockin End date 2 | Sep 11, 2023 | Aug 14, 2023 |
IKIO Lighting IPO P/E ratio is 32.13, as compared to Nexus Select Trust REIT P/E ratio of .
| IKIO Lighting IPO | Nexus Select Trust REIT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Proforma Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2202.50 Cr. | ₹15150.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IKIO Lighting IPO Retail Individual Investors (RII) are offered 74,48,246 shares while in Nexus Select Trust REIT retail investors are offered 74,48,246 shares. Qualified Institutional Buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 9,60,00,150 shares in Nexus Select Trust REIT.
| IKIO Lighting IPO | Nexus Select Trust REIT | |
|---|---|---|
| Anchor Investor Reservation | 63,84,209 shares | 14,39,99,850 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 42,56,140 shares | 9,60,00,150 shares |
| NII | 31,92,106 shares | 8,00,00,000 shares |
| RII | 74,48,246 shares | 0 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,12,80,701 shares | 32,00,00,000 shares |
IKIO Lighting IPO subscribed 67.75x in total, whereas Nexus Select Trust REIT subscribed 5.45x.
| IKIO Lighting IPO | Nexus Select Trust REIT | |
|---|---|---|
| QIB (times) | 163.06x | 4.81x |
| NII (times) | 65.38x | |
| Big NII (times) | 69.01x | |
| Small NII (times) | 58.13x | |
| RII (times) | 14.31x | |
| Employee (times) | ||
| Other (times) | 6.23x | |
| Total (times) | 67.75x | 5.45x |
