Comparison between Plaza Wires IPO and Saraswati Saree Depot IPO.
Plaza Wires IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.
| Plaza Wires IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹152.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 277 shares | 90 shares |
| Fresh Issue Size | 1,32,00,158 shares | 64,99,800 shares |
| Fresh Issue Size (Amount) | up to ₹71.28 Cr | up to ₹104.00 Cr |
| OFS Issue Size | 0 shares | 35,01,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹56.02 Cr |
| Issue Size Total | 1,32,00,158 shares | 1,00,00,800 shares |
| Issue Size Total (Amount) | up to ₹71.28 Cr | up to ₹160.01 Cr |
Plaza Wires IPO opens on Sep 29, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Plaza Wires IPO and Saraswati Saree Depot IPO is Oct 05, 2023, and Aug 14, 2024, respectively.
| Plaza Wires IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Bid Date | Sep 27, 2023 | |
| Issue Open | Sep 29, 2023 | Aug 12, 2024 |
| Issue Close | Oct 05, 2023 | Aug 14, 2024 |
| Basis Of Allotment (Tentative) | Oct 09, 2023 | Aug 16, 2024 |
| Initiation of Refunds (Tentative) | Oct 11, 2023 | Aug 19, 2024 |
| Credit of Share (Tentative) | Oct 12, 2023 | Aug 19, 2024 |
| Listing date (Tentative) | Oct 12, 2023 | Aug 20, 2024 |
| Anchor Lockin End date 1 | Nov 08, 2023 | |
| Anchor Lockin End date 2 | Jan 07, 2024 |
Plaza Wires IPO P/E ratio is 21.95, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.
| Plaza Wires IPO | Saraswati Saree Depot IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | 74.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 17.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹236.26 Cr. | ₹633.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.15% | 58.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.57% | 64.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.46 | ₹8.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.16% | 45.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Plaza Wires IPO Retail Individual Investors (RII) are offered 13,19,905 shares while in Saraswati Saree Depot IPO retail investors are offered 13,19,905 shares. Qualified Institutional Buyers (QIB) are offered 61,96,213 shares in Plaza Wires IPO and 50,00,400 shares in Saraswati Saree Depot IPO.
| Plaza Wires IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,04,044 shares | |
| Market Maker Reservation | ||
| QIB | 61,96,213 shares | 50,00,400 shares |
| NII | 19,79,996 shares | 15,00,120 shares |
| RII | 13,19,905 shares | 35,00,280 shares |
| Employee | ||
| Others | ||
| Total | 1,32,00,158 shares | 1,00,00,800 shares |
Plaza Wires IPO subscribed 160.97x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.
| Plaza Wires IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| QIB (times) | 42.84x | 64.12x |
| NII (times) | 388.09x | 358.47x |
| Big NII (times) | 360.92x | 389.28x |
| Small NII (times) | 442.42x | 296.85x |
| RII (times) | 374.81x | 61.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 160.97x | 107.39x |