Comparison between Protean eGov Technologies IPO and Valiant Laboratories IPO.
Protean eGov Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Valiant Laboratories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Protean eGov Technologies IPO is up to ₹489.95 Cr whereas the issue size of the Valiant Laboratories IPO is up to ₹152.46 Cr. The final issue price of Protean eGov Technologies IPO is ₹792.00 per share and of Valiant Laboratories IPO is ₹140.00 per share.
| Protean eGov Technologies IPO | Valiant Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹752.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹792.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹792.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 18 shares | 105 shares |
| Fresh Issue Size | 0 shares | 1,08,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹152.46 Cr |
| OFS Issue Size | 61,91,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹489.95 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,91,000 shares | 1,08,90,000 shares |
| Issue Size Total (Amount) | up to ₹489.95 Cr | up to ₹152.46 Cr |
Protean eGov Technologies IPO opens on Nov 06, 2023, while Valiant Laboratories IPO opens on Sep 27, 2023. The closing date of Protean eGov Technologies IPO and Valiant Laboratories IPO is Nov 08, 2023, and Oct 03, 2023, respectively.
| Protean eGov Technologies IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | Nov 03, 2023 | Sep 26, 2023 |
| Issue Open | Nov 06, 2023 | Sep 27, 2023 |
| Issue Close | Nov 08, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Nov 13, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Nov 15, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Nov 16, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Nov 13, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Dec 13, 2023 | Nov 04, 2023 |
| Anchor Lockin End date 2 | Feb 11, 2024 | Jan 03, 2024 |
Protean eGov Technologies IPO P/E ratio is 29.91, as compared to Valiant Laboratories IPO P/E ratio of 15.71.
| Protean eGov Technologies IPO | Valiant Laboratories IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.91 | 15.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3203.38 Cr. | ₹608.30 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.49% | 33.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.13% | 22.76% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.48 | ₹8.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.49% | 28.86% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Protean eGov Technologies IPO Retail Individual Investors (RII) are offered 21,14,350 shares while in Valiant Laboratories IPO retail investors are offered 21,14,350 shares. Qualified Institutional Buyers (QIB) are offered 12,08,200 shares in Protean eGov Technologies IPO and 21,78,030 shares in Valiant Laboratories IPO.
| Protean eGov Technologies IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,12,300 shares | 32,66,970 shares |
| Market Maker Reservation | ||
| QIB | 12,08,200 shares | 21,78,030 shares |
| NII | 9,06,150 shares | 16,33,500 shares |
| RII | 21,14,350 shares | 38,11,500 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 61,91,000 shares | 1,08,90,000 shares |
Protean eGov Technologies IPO subscribed 23.86x in total, whereas Valiant Laboratories IPO subscribed 29.76x.
| Protean eGov Technologies IPO | Valiant Laboratories IPO | |
|---|---|---|
| QIB (times) | 46.94x | 20.83x |
| NII (times) | 31.62x | 73.64x |
| Big NII (times) | 33.14x | 78.64x |
| Small NII (times) | 28.58x | 63.64x |
| RII (times) | 8.93x | 16.06x |
| Employee (times) | 1.49x | |
| Other (times) | ||
| Total (times) | 23.86x | 29.76x |
