Comparison between Plaza Wires IPO and Protean eGov Technologies IPO.
Plaza Wires 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 Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Protean eGov Technologies IPO is up to ₹489.95 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Protean eGov Technologies IPO is ₹792.00 per share.
| Plaza Wires IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹752.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹792.00 per share |
| Issue Price (Final) | ₹54.00 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 | 277 shares | 18 shares |
| Fresh Issue Size | 1,32,00,158 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹71.28 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 61,91,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹489.95 Cr |
| Issue Size Total | 1,32,00,158 shares | 61,91,000 shares |
| Issue Size Total (Amount) | up to ₹71.28 Cr | up to ₹489.95 Cr |
Plaza Wires IPO opens on Sep 29, 2023, while Protean eGov Technologies IPO opens on Nov 06, 2023. The closing date of Plaza Wires IPO and Protean eGov Technologies IPO is Oct 05, 2023, and Nov 08, 2023, respectively.
| Plaza Wires IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 27, 2023 | Nov 03, 2023 |
| Issue Open | Sep 29, 2023 | Nov 06, 2023 |
| Issue Close | Oct 05, 2023 | Nov 08, 2023 |
| Basis Of Allotment (Tentative) | Oct 09, 2023 | Nov 13, 2023 |
| Initiation of Refunds (Tentative) | Oct 11, 2023 | Nov 15, 2023 |
| Credit of Share (Tentative) | Oct 12, 2023 | Nov 16, 2023 |
| Listing date (Tentative) | Oct 12, 2023 | Nov 13, 2023 |
| Anchor Lockin End date 1 | Nov 08, 2023 | Dec 13, 2023 |
| Anchor Lockin End date 2 | Jan 07, 2024 | Feb 11, 2024 |
Plaza Wires IPO P/E ratio is 21.95, as compared to Protean eGov Technologies IPO P/E ratio of 29.91.
| Plaza Wires IPO | Protean eGov Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 29.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹236.26 Cr. | ₹3203.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.15% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.57% | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.46 | ₹26.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.16% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Plaza Wires IPO Retail Individual Investors (RII) are offered 13,19,905 shares while in Protean eGov Technologies IPO retail investors are offered 13,19,905 shares. Qualified Institutional Buyers (QIB) are offered 61,96,213 shares in Plaza Wires IPO and 12,08,200 shares in Protean eGov Technologies IPO.
| Plaza Wires IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,04,044 shares | 18,12,300 shares |
| Market Maker Reservation | ||
| QIB | 61,96,213 shares | 12,08,200 shares |
| NII | 19,79,996 shares | 9,06,150 shares |
| RII | 13,19,905 shares | 21,14,350 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 1,32,00,158 shares | 61,91,000 shares |
Plaza Wires IPO subscribed 160.97x in total, whereas Protean eGov Technologies IPO subscribed 23.86x.
| Plaza Wires IPO | Protean eGov Technologies IPO | |
|---|---|---|
| QIB (times) | 42.84x | 46.94x |
| NII (times) | 388.09x | 31.62x |
| Big NII (times) | 360.92x | 33.14x |
| Small NII (times) | 442.42x | 28.58x |
| RII (times) | 374.81x | 8.93x |
| Employee (times) | 1.49x | |
| Other (times) | ||
| Total (times) | 160.97x | 23.86x |
