ECOS Mobility IPO vs Orient Technologies IPO

Comparison between ECOS Mobility IPO and Orient Technologies IPO.

IPO Details

ECOS Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orient Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ECOS Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of ECOS Mobility IPO is ₹334.00 per share and of Orient Technologies IPO is ₹206.00 per share.

 ECOS Mobility IPOOrient Technologies IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹318.00 per share₹195.00 per share
Issue Price (Upper)₹334.00 per share₹206.00 per share
Issue Price (Final)₹334.00 per share₹206.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size44 shares72 shares
Fresh Issue Size0 shares58,25,242 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹120.00 Cr
OFS Issue Size1,80,00,000 shares46,00,000 shares
OFS Issue Size (Amount)up to ₹601.20 Crup to ₹94.76 Cr
Issue Size Total1,80,00,000 shares1,04,25,242 shares
Issue Size Total (Amount)up to ₹601.20 Crup to ₹214.76 Cr

IPO Timetable

ECOS Mobility IPO opens on Aug 28, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of ECOS Mobility IPO and Orient Technologies IPO is Aug 30, 2024, and Aug 23, 2024, respectively.

 ECOS Mobility IPOOrient Technologies IPO
Anchor Bid DateAug 27, 2024Aug 20, 2024
Issue OpenAug 28, 2024Aug 21, 2024
Issue CloseAug 30, 2024Aug 23, 2024
Basis Of Allotment (Tentative)Sep 02, 2024Aug 26, 2024
Initiation of Refunds (Tentative)Sep 03, 2024Aug 27, 2024
Credit of Share (Tentative)Sep 03, 2024Aug 27, 2024
Listing date (Tentative)Sep 04, 2024Aug 28, 2024
Anchor Lockin End date 1Oct 01, 2024Sep 24, 2024
Anchor Lockin End date 2Nov 30, 2024Nov 23, 2024

Financials & KPIs

ECOS Mobility IPO P/E ratio is 32.05, as compared to Orient Technologies IPO P/E ratio of 17.8.

 ECOS Mobility IPOOrient Technologies IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets296.66229.71112.38
Total Income568.21425.43151.55
Profit After Tax62.5343.599.87
NET Worth177.41115.1371.56
Reserves and Surplus165.41115.0771.50
Total Borrowing21.7232.953.34
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets311.14215.25176.32112.45
Total Income606.86542.01469.12248.96
Profit After Tax41.4538.3033.490.13
NET Worth175.31128.8294.1161.29
Reserves and Surplus138.79111.3276.6144.79
Total Borrowing4.8212.862.289.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.7597.96
Promoter Shareholding (Post-Issue)67.7573.21
P/E Ratio32.0517.8
Market Cap₹2004.00 Cr.₹857.82 Cr.
ROE42.75%27.26
ROCE42.88%28.42
Debt/Equity0.12
EPS₹10.42₹11.57
RoNW42.75%23.64

Shares Offered

In the ECOS Mobility IPO Retail Individual Investors (RII) are offered 63,00,000 shares while in Orient Technologies IPO retail investors are offered 63,00,000 shares. Qualified Institutional Buyers (QIB) are offered 36,00,000 shares in ECOS Mobility IPO and 20,85,048 shares in Orient Technologies IPO.

 ECOS Mobility IPOOrient Technologies IPO
Anchor Investor Reservation54,00,000 shares31,27,572 shares
Market Maker Reservation
QIB36,00,000 shares20,85,048 shares
NII27,00,000 shares15,63,787 shares
RII63,00,000 shares36,48,835 shares
Employee
Others
Total1,80,00,000 shares1,04,25,242 shares

Bids Received (Subscription)

ECOS Mobility IPO subscribed 64.18x in total, whereas Orient Technologies IPO subscribed 154.84x.

 ECOS Mobility IPOOrient Technologies IPO
QIB (times)136.85x188.79x
NII (times)71.17x310.03x
Big NII (times)74.66x343.45x
Small NII (times)64.19x243.20x
RII (times)19.66x68.93x
Employee (times)
Other (times)
Total (times)64.18x154.84x

Compare with others

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ECOS Mobility IPO Vs Orient Technologies IPO