Ceigall India IPO vs Ola Electric Mobility IPO

Comparison between Ceigall India IPO and Ola Electric Mobility IPO.

IPO Details

Ceigall India 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 Ceigall India IPO is up to ₹1,252.66 Cr whereas the issue size of the Ola Electric Mobility IPO is up to ₹6,145.56 Cr. The final issue price of Ceigall India IPO is ₹401.00 per share and of Ola Electric Mobility IPO is ₹76.00 per share.

 Ceigall India IPOOla Electric Mobility IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹380.00 per share₹72.00 per share
Issue Price (Upper)₹401.00 per share₹76.00 per share
Issue Price (Final)₹401.00 per share₹76.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹38.00 per share₹7.00 per share
Market Lot Size37 shares195 shares
Fresh Issue Size1,70,68,861 shares72,37,57,627 shares
Fresh Issue Size (Amount)up to ₹684.35 Crup to ₹5,500.06 Cr
OFS Issue Size1,41,74,840 shares8,49,41,997 shares
OFS Issue Size (Amount)up to ₹568.32 Crup to ₹645.50 Cr
Issue Size Total3,12,43,701 shares80,86,99,624 shares
Issue Size Total (Amount)up to ₹1,252.66 Crup to ₹6,145.56 Cr

IPO Timetable

Ceigall India IPO opens on Aug 01, 2024, while Ola Electric Mobility IPO opens on Aug 02, 2024. The closing date of Ceigall India IPO and Ola Electric Mobility IPO is Aug 05, 2024, and Aug 06, 2024, respectively.

 Ceigall India IPOOla Electric Mobility IPO
Anchor Bid DateJul 31, 2024Aug 01, 2024
Issue OpenAug 01, 2024Aug 02, 2024
Issue CloseAug 05, 2024Aug 06, 2024
Basis Of Allotment (Tentative)Aug 06, 2024Aug 07, 2024
Initiation of Refunds (Tentative)Aug 07, 2024Aug 08, 2024
Credit of Share (Tentative)Aug 07, 2024Aug 08, 2024
Listing date (Tentative)Aug 08, 2024Aug 09, 2024
Anchor Lockin End date 1Sep 04, 2024Sep 05, 2024
Anchor Lockin End date 2Nov 03, 2024Nov 04, 2024

Financials & KPIs

Ceigall India IPO P/E ratio is 20.67, as compared to Ola Electric Mobility IPO P/E ratio of -17.69.

 Ceigall India IPOOla Electric Mobility IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,592.191,827.82959.14
Total Income3,066.192,087.041,146.50
Profit After Tax304.91167.70126.43
NET Worth906.41593.06431.25
Total Borrowing1,811.021,252.58652.12
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)99.9945.14
Promoter Shareholding (Post-Issue)82.0636.78
P/E Ratio20.67-17.69
Market Cap₹6985.41 Cr.₹33521.75 Cr.
ROE33.57%
ROCE31.98%
Debt/Equity1.17
EPS₹19.40₹-4.30
RoNW33.57%-78.46%

Shares Offered

In the Ceigall India IPO Retail Individual Investors (RII) are offered 1,09,16,012 shares while in Ola Electric Mobility IPO retail investors are offered 1,09,16,012 shares. Qualified Institutional Buyers (QIB) are offered 62,37,721 shares in Ceigall India IPO and 24,23,70,758 shares in Ola Electric Mobility IPO.

 Ceigall India IPOOla Electric Mobility IPO
Anchor Investor Reservation93,56,581 shares36,35,56,135 shares
Market Maker Reservation
QIB62,37,721 shares24,23,70,758 shares
NII46,78,291 shares12,11,85,378 shares
RII1,09,16,012 shares8,07,90,252 shares
Employee55,096 shares7,97,101 shares
Others
Total3,12,43,701 shares80,86,99,624 shares

Bids Received (Subscription)

Ceigall India IPO subscribed 14.01x in total, whereas Ola Electric Mobility IPO subscribed 4.45x.

 Ceigall India IPOOla Electric Mobility IPO
QIB (times)31.26x5.53x
NII (times)14.83x2.51x
Big NII (times)16.28x2.75x
Small NII (times)11.92x2.03x
RII (times)3.82x4.05x
Employee (times)11.84x12.38x
Other (times)
Total (times)14.01x4.45x

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Ceigall India IPO Vs Ola Electric Mobility IPO