Comparison between Paradeep Phosphates IPO and Syrma SGS Technology IPO.
Paradeep Phosphates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Paradeep Phosphates IPO is up to ₹1,501.73 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of Paradeep Phosphates IPO is ₹42.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| Paradeep Phosphates IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹39.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹42.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹42.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 350 shares | 68 shares |
| Fresh Issue Size | 23,90,47,619 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹1,004.00 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 11,85,07,493 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹497.73 Cr | up to ₹74.13 Cr |
| Issue Size Total | 35,75,55,112 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹1,501.73 Cr | up to ₹840.13 Cr |
Paradeep Phosphates IPO opens on May 17, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of Paradeep Phosphates IPO and Syrma SGS Technology IPO is May 19, 2022, and Aug 18, 2022, respectively.
| Paradeep Phosphates IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | May 13, 2022 | Aug 11, 2022 |
| Issue Open | May 17, 2022 | Aug 12, 2022 |
| Issue Close | May 19, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | May 24, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | May 25, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | May 26, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | May 27, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Jun 23, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Aug 22, 2022 | Nov 21, 2022 |
Paradeep Phosphates IPO P/E ratio is 7.07, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| Paradeep Phosphates IPO | Syrma SGS Technology IPO | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| ||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||
| P/E Ratio | 7.07 | 50.69 | ||||||||||||||||||||||
| Market Cap | ₹3420.89 Cr. | ₹3877.04 Cr. | ||||||||||||||||||||||
| ROE | 7.83 | |||||||||||||||||||||||
| ROCE | 18.39 | |||||||||||||||||||||||
| Debt/Equity | 0.24 | |||||||||||||||||||||||
| EPS | ₹3.88 | ₹2.69 | ||||||||||||||||||||||
| RoNW | 12.22 | 7.83 | ||||||||||||||||||||||
In the Paradeep Phosphates IPO Retail Individual Investors (RII) are offered 12,51,44,290 shares while in Syrma SGS Technology IPO retail investors are offered 12,51,44,290 shares. Qualified Institutional Buyers (QIB) are offered 7,15,11,022 shares in Paradeep Phosphates IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| Paradeep Phosphates IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,72,66,533 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 7,15,11,022 shares | 76,37,508 shares |
| NII | 5,36,33,267 shares | 57,28,132 shares |
| RII | 12,51,44,290 shares | 1,33,65,640 shares |
| Employee | ||
| Others | ||
| Total | 35,75,55,112 shares | 3,81,87,541 shares |
Paradeep Phosphates IPO subscribed 1.75x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| Paradeep Phosphates IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 3.01x | 87.56x |
| NII (times) | 0.82x | 17.50x |
| Big NII (times) | 19.01x | |
| Small NII (times) | 14.47x | |
| RII (times) | 1.37x | 5.53x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.75x | 32.61x |
