Comparison between ASK Automotive IPO and Protean eGov Technologies IPO.
ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Protean eGov Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the Protean eGov Technologies IPO is up to ₹489.95 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Protean eGov Technologies IPO is ₹792.00 per share.
| ASK Automotive IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹268.00 per share | ₹752.00 per share |
| Issue Price (Upper) | ₹282.00 per share | ₹792.00 per share |
| Issue Price (Final) | ₹282.00 per share | ₹792.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 53 shares | 18 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,95,71,390 shares | 61,91,000 shares |
| OFS Issue Size (Amount) | up to ₹833.91 Cr | up to ₹489.95 Cr |
| Issue Size Total | 2,95,71,390 shares | 61,91,000 shares |
| Issue Size Total (Amount) | up to ₹833.91 Cr | up to ₹489.95 Cr |
ASK Automotive IPO opens on Nov 07, 2023, while Protean eGov Technologies IPO opens on Nov 06, 2023. The closing date of ASK Automotive IPO and Protean eGov Technologies IPO is Nov 09, 2023, and Nov 08, 2023, respectively.
| ASK Automotive IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2023 | Nov 03, 2023 |
| Issue Open | Nov 07, 2023 | Nov 06, 2023 |
| Issue Close | Nov 09, 2023 | Nov 08, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 13, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 15, 2023 |
| Credit of Share (Tentative) | Nov 13, 2023 | Nov 16, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Nov 13, 2023 |
| Anchor Lockin End date 1 | Dec 10, 2023 | Dec 13, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2024 | Feb 11, 2024 |
ASK Automotive IPO P/E ratio is 45.63, as compared to Protean eGov Technologies IPO P/E ratio of 29.91.
| ASK Automotive IPO | Protean eGov Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 45.63 | 29.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5559.00 Cr. | ₹3203.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹26.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.10% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Protean eGov Technologies IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 12,08,200 shares in Protean eGov Technologies IPO.
| ASK Automotive IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 88,71,416 shares | 18,12,300 shares |
| Market Maker Reservation | ||
| QIB | 59,14,278 shares | 12,08,200 shares |
| NII | 44,35,709 shares | 9,06,150 shares |
| RII | 1,03,49,987 shares | 21,14,350 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 2,95,71,390 shares | 61,91,000 shares |
ASK Automotive IPO subscribed 51.14x in total, whereas Protean eGov Technologies IPO subscribed 23.86x.
| ASK Automotive IPO | Protean eGov Technologies IPO | |
|---|---|---|
| QIB (times) | 142.41x | 46.94x |
| NII (times) | 35.47x | 31.62x |
| Big NII (times) | 41.13x | 33.14x |
| Small NII (times) | 24.16x | 28.58x |
| RII (times) | 5.70x | 8.93x |
| Employee (times) | 1.49x | |
| Other (times) | ||
| Total (times) | 51.14x | 23.86x |
