Nexus Select Trust REIT vs Tata Technologies IPO

Comparison between Nexus Select Trust REIT and Tata Technologies IPO.

IPO Details

Nexus Select Trust REIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tata Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Nexus Select Trust REIT is up to ₹3,200.00 Cr whereas the issue size of the Tata Technologies IPO is up to ₹3,042.51 Cr. The final issue price of Nexus Select Trust REIT is ₹100.00 per share and of Tata Technologies IPO is ₹500.00 per share.

 Nexus Select Trust REITTata Technologies IPO
Face Value₹2 per share
Issue Price (Lower)₹95.00 per share₹475.00 per share
Issue Price (Upper)₹100.00 per share₹500.00 per share
Issue Price (Final)₹100.00 per share₹500.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size150 shares30 shares
Fresh Issue Size14,00,00,000 shares0 shares
Fresh Issue Size (Amount)up to ₹1,400.00 Crup to ₹0.00 Cr
OFS Issue Size18,00,00,000 shares6,08,50,278 shares
OFS Issue Size (Amount)up to ₹1,800.00 Crup to ₹3,042.51 Cr
Issue Size Total32,00,00,000 shares6,08,50,278 shares
Issue Size Total (Amount)up to ₹3,200.00 Crup to ₹3,042.51 Cr

IPO Timetable

Nexus Select Trust REIT opens on May 09, 2023, while Tata Technologies IPO opens on Nov 22, 2023. The closing date of Nexus Select Trust REIT and Tata Technologies IPO is May 11, 2023, and Nov 24, 2023, respectively.

 Nexus Select Trust REITTata Technologies IPO
Anchor Bid DateMay 08, 2023Nov 21, 2023
Issue OpenMay 09, 2023Nov 22, 2023
Issue CloseMay 11, 2023Nov 24, 2023
Basis Of Allotment (Tentative)May 16, 2023Nov 28, 2023
Initiation of Refunds (Tentative)May 17, 2023Nov 29, 2023
Credit of Share (Tentative)May 18, 2023Nov 29, 2023
Listing date (Tentative)May 19, 2023Nov 30, 2023
Anchor Lockin End date 1Jun 15, 2023Dec 28, 2023
Anchor Lockin End date 2Aug 14, 2023Feb 26, 2024

Financials & KPIs

Nexus Select Trust REIT P/E ratio is , as compared to Tata Technologies IPO P/E ratio of 32.53.

 Nexus Select Trust REITTata Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets8,989.539,089.778,959.369,527.64
Total Income1,498.351,398.521,047.971,708.19
Profit After Tax257.02-10.95-199.11206.74
Reserves and Surplus639.31389.15340.89976.05
Total Borrowing5,872.316,311.206,281.385,955.67
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,142.425,201.494,218.003,572.74
Total Income2,587.424,501.933,578.382,425.74
Profit After Tax351.90624.04436.99239.17
NET Worth2,853.132,989.472,280.162,142.15
Reserves and Surplus2,455.292,605.602,028.931,897.46
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)66.79
Promoter Shareholding (Post-Issue)55.39
P/E Ratio32.53
Market Cap₹15150.00 Cr.₹20283.43 Cr.
ROE
ROCE
Debt/Equity
EPS₹15.37
RoNW20.87%

Shares Offered

In the Nexus Select Trust REIT Retail Individual Investors (RII) are offered 0 shares while in Tata Technologies IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 9,60,00,150 shares in Nexus Select Trust REIT and 1,05,47,382 shares in Tata Technologies IPO.

 Nexus Select Trust REITTata Technologies IPO
Anchor Investor Reservation14,39,99,850 shares1,58,21,071 shares
Market Maker Reservation0 shares0 shares
QIB9,60,00,150 shares1,05,47,382 shares
NII8,00,00,000 shares79,10,537 shares
RII0 shares1,84,57,919 shares
Employee0 shares20,28,342 shares
Others
Total32,00,00,000 shares6,08,50,278 shares

Bids Received (Subscription)

Nexus Select Trust REIT subscribed 5.45x in total, whereas Tata Technologies IPO subscribed 69.43x.

 Nexus Select Trust REITTata Technologies IPO
QIB (times)4.81x203.41x
NII (times)62.11x
Big NII (times)70.67x
Small NII (times)44.98x
RII (times)16.50x
Employee (times)3.70x
Other (times)6.23x29.20x
Total (times)5.45x69.43x

Compare with others

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Nexus Select Trust REIT Vs Tata Technologies IPO