Comparison between Orient Technologies IPO and Sanstar IPO.
Orient Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Orient Technologies IPO is up to ₹214.76 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Orient Technologies IPO is ₹206.00 per share and of Sanstar IPO is ₹95.00 per share.
| Orient Technologies IPO | Sanstar IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹195.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹206.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹206.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 72 shares | 150 shares |
| Fresh Issue Size | 58,25,242 shares | 4,18,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹120.00 Cr | up to ₹397.10 Cr |
| OFS Issue Size | 46,00,000 shares | 1,19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹94.76 Cr | up to ₹113.05 Cr |
| Issue Size Total | 1,04,25,242 shares | 5,37,00,000 shares |
| Issue Size Total (Amount) | up to ₹214.76 Cr | up to ₹510.15 Cr |
Orient Technologies IPO opens on Aug 21, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Orient Technologies IPO and Sanstar IPO is Aug 23, 2024, and Jul 23, 2024, respectively.
| Orient Technologies IPO | Sanstar IPO | |
|---|---|---|
| Anchor Bid Date | Aug 20, 2024 | Jul 18, 2024 |
| Issue Open | Aug 21, 2024 | Jul 19, 2024 |
| Issue Close | Aug 23, 2024 | Jul 23, 2024 |
| Basis Of Allotment (Tentative) | Aug 26, 2024 | Jul 24, 2024 |
| Initiation of Refunds (Tentative) | Aug 27, 2024 | Jul 25, 2024 |
| Credit of Share (Tentative) | Aug 27, 2024 | Jul 25, 2024 |
| Listing date (Tentative) | Aug 28, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 1 | Sep 24, 2024 | Aug 23, 2024 |
| Anchor Lockin End date 2 | Nov 23, 2024 | Oct 22, 2024 |
Orient Technologies IPO P/E ratio is 17.8, as compared to Sanstar IPO P/E ratio of 19.98.
| Orient Technologies IPO | Sanstar IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.96 | 99.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.21 | 70.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.8 | 19.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹857.82 Cr. | ₹1731.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.26 | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.42 | 24.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.57 | ₹4.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.64 | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Orient Technologies IPO Retail Individual Investors (RII) are offered 36,48,835 shares while in Sanstar IPO retail investors are offered 36,48,835 shares. Qualified Institutional Buyers (QIB) are offered 20,85,048 shares in Orient Technologies IPO and 1,07,40,000 shares in Sanstar IPO.
| Orient Technologies IPO | Sanstar IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,27,572 shares | 1,61,10,000 shares |
| Market Maker Reservation | ||
| QIB | 20,85,048 shares | 1,07,40,000 shares |
| NII | 15,63,787 shares | 80,55,000 shares |
| RII | 36,48,835 shares | 1,87,95,000 shares |
| Employee | ||
| Others | ||
| Total | 1,04,25,242 shares | 5,37,00,000 shares |
Orient Technologies IPO subscribed 154.84x in total, whereas Sanstar IPO subscribed 82.99x.
| Orient Technologies IPO | Sanstar IPO | |
|---|---|---|
| QIB (times) | 188.79x | 145.68x |
| NII (times) | 310.03x | 136.49x |
| Big NII (times) | 343.45x | 149.44x |
| Small NII (times) | 243.20x | 110.61x |
| RII (times) | 68.93x | 24.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 154.84x | 82.99x |
