Exicom Tele-Systems IPO vs Platinum Industries IPO

Comparison between Exicom Tele-Systems IPO and Platinum Industries IPO.

IPO Details

Exicom Tele-Systems 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.

Issue Size and Price

The total issue size of Exicom Tele-Systems IPO is up to ₹429.00 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of Exicom Tele-Systems IPO is ₹142.00 per share and of Platinum Industries IPO is ₹171.00 per share.

 Exicom Tele-Systems IPOPlatinum Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹135.00 per share₹162.00 per share
Issue Price (Upper)₹142.00 per share₹171.00 per share
Issue Price (Final)₹142.00 per share₹171.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size100 shares87 shares
Fresh Issue Size2,31,69,000 shares1,37,61,225 shares
Fresh Issue Size (Amount)up to ₹329.00 Crup to ₹235.32 Cr
OFS Issue Size70,42,200 shares0 shares
OFS Issue Size (Amount)up to ₹100.00 Crup to ₹0.00 Cr
Issue Size Total3,02,11,200 shares1,37,61,225 shares
Issue Size Total (Amount)up to ₹429.00 Crup to ₹235.32 Cr

IPO Timetable

Exicom Tele-Systems IPO opens on Feb 27, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of Exicom Tele-Systems IPO and Platinum Industries IPO is Feb 29, 2024, and Feb 29, 2024, respectively.

 Exicom Tele-Systems IPOPlatinum Industries IPO
Anchor Bid DateFeb 26, 2024Feb 26, 2024
Issue OpenFeb 27, 2024Feb 27, 2024
Issue CloseFeb 29, 2024Feb 29, 2024
Basis Of Allotment (Tentative)Mar 01, 2024Mar 01, 2024
Initiation of Refunds (Tentative)Mar 04, 2024Mar 04, 2024
Credit of Share (Tentative)Mar 04, 2024Mar 04, 2024
Listing date (Tentative)Mar 05, 2024Mar 05, 2024
Anchor Lockin End date 1Mar 31, 2024Mar 31, 2024
Anchor Lockin End date 2May 30, 2024May 30, 2024

Financials & KPIs

Exicom Tele-Systems IPO P/E ratio is 217.63, as compared to Platinum Industries IPO P/E ratio of 18.73.

 Exicom Tele-Systems IPOPlatinum Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets629.41705.09602.99678.46
Total Income467.21723.40848.96524.36
Profit After Tax27.466.375.143.45
NET Worth311.40232.00221.57213.44
Reserves and Surplus204.95213.61207.39201.55
Total Borrowing72.84117.92107.67101.76
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets137.72121.1784.4832.26
Total Income123.73232.56189.2489.53
Profit After Tax22.8437.5817.754.82
NET Worth85.0461.8822.344.47
Reserves and Surplus44.8621.8021.283.53
Total Borrowing11.4617.4324.243.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.2894.74
Promoter Shareholding (Post-Issue)
P/E Ratio217.6318.73
Market Cap₹1715.71 Cr.₹939.22 Cr.
ROE13.38%90.02%
ROCE10.92%56.85%
Debt/Equity0.28
EPS₹0.65₹9.13
RoNW2.75%61.26%

Shares Offered

In the Exicom Tele-Systems IPO Retail Individual Investors (RII) are offered 30,21,100 shares while in Platinum Industries IPO retail investors are offered 30,21,100 shares. Qualified Institutional Buyers (QIB) are offered 1,01,19,700 shares in Exicom Tele-Systems IPO and 27,52,375 shares in Platinum Industries IPO.

 Exicom Tele-Systems IPOPlatinum Industries IPO
Anchor Investor Reservation1,25,38,800 shares41,28,237 shares
Market Maker Reservation
QIB1,01,19,700 shares27,52,375 shares
NII45,31,600 shares20,64,184 shares
RII30,21,100 shares48,16,429 shares
Employee
Others
Total3,02,11,200 shares1,37,61,225 shares

Bids Received (Subscription)

Exicom Tele-Systems IPO subscribed 133.56x in total, whereas Platinum Industries IPO subscribed 98.99x.

 Exicom Tele-Systems IPOPlatinum Industries IPO
QIB (times)124.82x151.00x
NII (times)159.29x141.79x
Big NII (times)163.96x138.46x
Small NII (times)149.95x148.46x
RII (times)124.27x50.92x
Employee (times)
Other (times)
Total (times)133.56x98.99x

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