Comparison between BLS E-Services IPO and Platinum Industries IPO.
BLS E-Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Platinum Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of BLS E-Services IPO is up to ₹309.29 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of BLS E-Services IPO is ₹135.00 per share and of Platinum Industries IPO is ₹171.00 per share.
| BLS E-Services IPO | Platinum Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹129.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹135.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹135.00 per share | ₹171.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 108 shares | 87 shares |
| Fresh Issue Size | 2,30,30,000 shares | 1,37,61,225 shares |
| Fresh Issue Size (Amount) | up to ₹309.29 Cr | up to ₹235.32 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,30,30,000 shares | 1,37,61,225 shares |
| Issue Size Total (Amount) | up to ₹309.29 Cr | up to ₹235.32 Cr |
BLS E-Services IPO opens on Jan 30, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of BLS E-Services IPO and Platinum Industries IPO is Feb 01, 2024, and Feb 29, 2024, respectively.
| BLS E-Services IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jan 29, 2024 | Feb 26, 2024 |
| Issue Open | Jan 30, 2024 | Feb 27, 2024 |
| Issue Close | Feb 01, 2024 | Feb 29, 2024 |
| Basis Of Allotment (Tentative) | Feb 02, 2024 | Mar 01, 2024 |
| Initiation of Refunds (Tentative) | Feb 05, 2024 | Mar 04, 2024 |
| Credit of Share (Tentative) | Feb 05, 2024 | Mar 04, 2024 |
| Listing date (Tentative) | Feb 06, 2024 | Mar 05, 2024 |
| Anchor Lockin End date 1 | Mar 03, 2024 | Mar 31, 2024 |
| Anchor Lockin End date 2 | May 02, 2024 | May 30, 2024 |
BLS E-Services IPO P/E ratio is 44.31, as compared to Platinum Industries IPO P/E ratio of 18.73.
| BLS E-Services IPO | Platinum Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.80 | 94.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 18.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.56 Cr. | ₹939.22 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.33% | 90.02% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 30.62% | 56.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.05 | ₹9.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.46% | 61.26% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BLS E-Services IPO Retail Individual Investors (RII) are offered 20,72,700 shares while in Platinum Industries IPO retail investors are offered 20,72,700 shares. Qualified Institutional Buyers (QIB) are offered 62,18,154 shares in BLS E-Services IPO and 27,52,375 shares in Platinum Industries IPO.
| BLS E-Services IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,27,096 shares | 41,28,237 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 62,18,154 shares | 27,52,375 shares |
| NII | 31,09,050 shares | 20,64,184 shares |
| RII | 20,72,700 shares | 48,16,429 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 2,30,30,000 shares | 1,37,61,225 shares |
BLS E-Services IPO subscribed 162.38x in total, whereas Platinum Industries IPO subscribed 98.99x.
| BLS E-Services IPO | Platinum Industries IPO | |
|---|---|---|
| QIB (times) | 123.30x | 151.00x |
| NII (times) | 300.05x | 141.79x |
| Big NII (times) | 305.27x | 138.46x |
| Small NII (times) | 289.59x | 148.46x |
| RII (times) | 236.53x | 50.92x |
| Employee (times) | ||
| Other (times) | 15.30x | |
| Total (times) | 162.38x | 98.99x |
