Comparison between EPACK Durable IPO and Platinum Industries IPO.
EPACK Durable 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 EPACK Durable IPO is up to ₹640.05 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of EPACK Durable IPO is ₹230.00 per share and of Platinum Industries IPO is ₹171.00 per share.
| EPACK Durable IPO | Platinum Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹218.00 per share | ₹162.00 per share |
| Issue Price (Upper) | ₹230.00 per share | ₹171.00 per share |
| Issue Price (Final) | ₹230.00 per share | ₹171.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 87 shares |
| Fresh Issue Size | 1,73,91,304 shares | 1,37,61,225 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹235.32 Cr |
| OFS Issue Size | 1,04,37,047 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹240.05 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,78,28,351 shares | 1,37,61,225 shares |
| Issue Size Total (Amount) | up to ₹640.05 Cr | up to ₹235.32 Cr |
EPACK Durable IPO opens on Jan 19, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of EPACK Durable IPO and Platinum Industries IPO is Jan 24, 2024, and Feb 29, 2024, respectively.
| EPACK Durable IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jan 18, 2024 | Feb 26, 2024 |
| Issue Open | Jan 19, 2024 | Feb 27, 2024 |
| Issue Close | Jan 24, 2024 | Feb 29, 2024 |
| Basis Of Allotment (Tentative) | Jan 25, 2024 | Mar 01, 2024 |
| Initiation of Refunds (Tentative) | Jan 29, 2024 | Mar 04, 2024 |
| Credit of Share (Tentative) | Jan 29, 2024 | Mar 04, 2024 |
| Listing date (Tentative) | Jan 30, 2024 | Mar 05, 2024 |
| Anchor Lockin End date 1 | Feb 24, 2024 | Mar 31, 2024 |
| Anchor Lockin End date 2 | Apr 24, 2024 | May 30, 2024 |
EPACK Durable IPO P/E ratio is 56.4, as compared to Platinum Industries IPO P/E ratio of 18.73.
| EPACK Durable IPO | Platinum Industries IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.49 | 94.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 56.4 | 18.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2203.37 Cr. | ₹939.22 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.68% | 90.02% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11.85% | 56.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.58 | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.08 | ₹9.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.68% | 61.26% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the EPACK Durable IPO Retail Individual Investors (RII) are offered 97,39,923 shares while in Platinum Industries IPO retail investors are offered 97,39,923 shares. Qualified Institutional Buyers (QIB) are offered 55,65,671 shares in EPACK Durable IPO and 27,52,375 shares in Platinum Industries IPO.
| EPACK Durable IPO | Platinum Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,48,504 shares | 41,28,237 shares |
| Market Maker Reservation | ||
| QIB | 55,65,671 shares | 27,52,375 shares |
| NII | 41,74,253 shares | 20,64,184 shares |
| RII | 97,39,923 shares | 48,16,429 shares |
| Employee | ||
| Others | ||
| Total | 2,78,28,351 shares | 1,37,61,225 shares |
EPACK Durable IPO subscribed 16.79x in total, whereas Platinum Industries IPO subscribed 98.99x.
| EPACK Durable IPO | Platinum Industries IPO | |
|---|---|---|
| QIB (times) | 25.59x | 151.00x |
| NII (times) | 29.07x | 141.79x |
| Big NII (times) | 31.60x | 138.46x |
| Small NII (times) | 21.74x | 148.46x |
| RII (times) | 6.50x | 50.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 16.79x | 98.99x |
