Comparison between IRM Energy IPO and Plaza Wires IPO.
IRM Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Plaza Wires IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRM Energy IPO is up to ₹545.00 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of IRM Energy IPO is ₹505.00 per share and of Plaza Wires IPO is ₹54.00 per share.
| IRM Energy IPO | Plaza Wires IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹480.00 per share | ₹51.00 per share |
| Issue Price (Upper) | ₹505.00 per share | ₹54.00 per share |
| Issue Price (Final) | ₹505.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 29 shares | 277 shares |
| Fresh Issue Size | 1,08,00,000 shares | 1,32,00,158 shares |
| Fresh Issue Size (Amount) | up to ₹545.00 Cr | up to ₹71.28 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 | 1,08,00,000 shares | 1,32,00,158 shares |
| Issue Size Total (Amount) | up to ₹545.00 Cr | up to ₹71.28 Cr |
IRM Energy IPO opens on Oct 18, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of IRM Energy IPO and Plaza Wires IPO is Oct 20, 2023, and Oct 05, 2023, respectively.
| IRM Energy IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Bid Date | Oct 17, 2023 | Sep 27, 2023 |
| Issue Open | Oct 18, 2023 | Sep 29, 2023 |
| Issue Close | Oct 20, 2023 | Oct 05, 2023 |
| Basis Of Allotment (Tentative) | Oct 27, 2023 | Oct 09, 2023 |
| Initiation of Refunds (Tentative) | Oct 27, 2023 | Oct 11, 2023 |
| Credit of Share (Tentative) | Oct 30, 2023 | Oct 12, 2023 |
| Listing date (Tentative) | Oct 26, 2023 | Oct 12, 2023 |
| Anchor Lockin End date 1 | Nov 26, 2023 | Nov 08, 2023 |
| Anchor Lockin End date 2 | Jan 25, 2024 | Jan 07, 2024 |
IRM Energy IPO P/E ratio is 24.13, as compared to Plaza Wires IPO P/E ratio of 21.95.
| IRM Energy IPO | Plaza Wires IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.94 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.13 | 21.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2073.51 Cr. | ₹236.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.23% | 14.15% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.19% | 15.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹20.93 | ₹2.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 14.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IRM Energy IPO Retail Individual Investors (RII) are offered 37,04,400 shares while in Plaza Wires IPO retail investors are offered 37,04,400 shares. Qualified Institutional Buyers (QIB) are offered 21,16,800 shares in IRM Energy IPO and 61,96,213 shares in Plaza Wires IPO.
| IRM Energy IPO | Plaza Wires IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,75,200 shares | 37,04,044 shares |
| Market Maker Reservation | ||
| QIB | 21,16,800 shares | 61,96,213 shares |
| NII | 15,87,600 shares | 19,79,996 shares |
| RII | 37,04,400 shares | 13,19,905 shares |
| Employee | 2,16,000 shares | |
| Others | ||
| Total | 1,08,00,000 shares | 1,32,00,158 shares |
IRM Energy IPO subscribed 27.05x in total, whereas Plaza Wires IPO subscribed 160.97x.
| IRM Energy IPO | Plaza Wires IPO | |
|---|---|---|
| QIB (times) | 44.73x | 42.84x |
| NII (times) | 48.34x | 388.09x |
| Big NII (times) | 52.29x | 360.92x |
| Small NII (times) | 40.46x | 442.42x |
| RII (times) | 9.29x | 374.81x |
| Employee (times) | 2.05x | |
| Other (times) | ||
| Total (times) | 27.05x | 160.97x |
