Comparison between Popular Vehicles IPO and SRM Contractors IPO.
Popular Vehicles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SRM Contractors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Popular Vehicles IPO is up to ₹601.55 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of Popular Vehicles IPO is ₹295.00 per share and of SRM Contractors IPO is ₹210.00 per share.
| Popular Vehicles IPO | SRM Contractors IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹280.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹295.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹295.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹28.00 per share | |
| Market Lot Size | 50 shares | 70 shares |
| Fresh Issue Size | 84,76,753 shares | 62,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹250.04 Cr | up to ₹130.20 Cr |
| OFS Issue Size | 1,19,17,075 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹351.52 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,03,93,828 shares | 62,00,000 shares |
| Issue Size Total (Amount) | up to ₹601.55 Cr | up to ₹130.20 Cr |
Popular Vehicles IPO opens on Mar 12, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of Popular Vehicles IPO and SRM Contractors IPO is Mar 14, 2024, and Mar 28, 2024, respectively.
| Popular Vehicles IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Bid Date | Mar 11, 2024 | Mar 22, 2024 |
| Issue Open | Mar 12, 2024 | Mar 26, 2024 |
| Issue Close | Mar 14, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | Mar 15, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | Mar 18, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | Mar 18, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | Mar 19, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | Apr 14, 2024 | May 01, 2024 |
| Anchor Lockin End date 2 | Jun 13, 2024 | Jun 30, 2024 |
Popular Vehicles IPO P/E ratio is 28.88, as compared to SRM Contractors IPO P/E ratio of 18.76.
| Popular Vehicles IPO | SRM Contractors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 69.45 | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.17 | 72.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.88 | 18.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2100.28 Cr. | ₹481.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8.83% | 29.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.99 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.22 | ₹11.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.42% | 25.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Popular Vehicles IPO Retail Individual Investors (RII) are offered 71,25,214 shares while in SRM Contractors IPO retail investors are offered 71,25,214 shares. Qualified Institutional Buyers (QIB) are offered 40,71,550 shares in Popular Vehicles IPO and 12,40,100 shares in SRM Contractors IPO.
| Popular Vehicles IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Investor Reservation | 61,07,325 shares | 18,59,900 shares |
| Market Maker Reservation | ||
| QIB | 40,71,550 shares | 12,40,100 shares |
| NII | 30,53,663 shares | 9,30,000 shares |
| RII | 71,25,214 shares | 21,70,000 shares |
| Employee | 37,453 shares | |
| Others | ||
| Total | 2,03,95,205 shares | 62,00,000 shares |
Popular Vehicles IPO subscribed 1.25x in total, whereas SRM Contractors IPO subscribed 86.57x.
| Popular Vehicles IPO | SRM Contractors IPO | |
|---|---|---|
| QIB (times) | 1.92x | 59.59x |
| NII (times) | 0.67x | 214.94x |
| Big NII (times) | 0.67x | 220.57x |
| Small NII (times) | 0.68x | 203.67x |
| RII (times) | 1.07x | 46.97x |
| Employee (times) | 8.04x | |
| Other (times) | ||
| Total (times) | 1.25x | 86.57x |
