eMudhra IPO vs Prudent Corporate Advisory IPO

Comparison between eMudhra IPO and Prudent Corporate Advisory IPO.

IPO Details

eMudhra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prudent Corporate Advisory IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of eMudhra IPO is up to ₹412.79 Cr whereas the issue size of the Prudent Corporate Advisory IPO is up to ₹428.28 Cr. The final issue price of eMudhra IPO is ₹256.00 per share and of Prudent Corporate Advisory IPO is ₹630.00 per share.

 eMudhra IPOPrudent Corporate Advisory IPO
Face Value₹5 per share₹5 per share
Issue Price (Lower)₹243.00 per share₹595.00 per share
Issue Price (Upper)₹256.00 per share₹630.00 per share
Issue Price (Final)₹256.00 per share₹630.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹59.00 per share
Market Lot Size58 shares23 shares
Fresh Issue Size62,89,062 shares0 shares
Fresh Issue Size (Amount)up to ₹161.00 Crup to ₹0.00 Cr
OFS Issue Size98,35,394 shares68,08,820 shares
OFS Issue Size (Amount)up to ₹251.79 Crup to ₹428.28 Cr
Issue Size Total1,61,24,456 shares68,08,820 shares
Issue Size Total (Amount)up to ₹412.79 Crup to ₹428.28 Cr

IPO Timetable

eMudhra IPO opens on May 20, 2022, while Prudent Corporate Advisory IPO opens on May 10, 2022. The closing date of eMudhra IPO and Prudent Corporate Advisory IPO is May 24, 2022, and May 12, 2022, respectively.

 eMudhra IPOPrudent Corporate Advisory IPO
Anchor Bid DateMay 19, 2022May 09, 2022
Issue OpenMay 20, 2022May 10, 2022
Issue CloseMay 24, 2022May 12, 2022
Basis Of Allotment (Tentative)May 27, 2022May 18, 2022
Initiation of Refunds (Tentative)May 30, 2022May 19, 2022
Credit of Share (Tentative)May 31, 2022May 20, 2022
Listing date (Tentative)Jun 01, 2022May 20, 2022
Anchor Lockin End date 1Jun 26, 2022Jun 17, 2022
Anchor Lockin End date 2Aug 25, 2022Aug 16, 2022

Financials & KPIs

eMudhra IPO P/E ratio is 49.42, as compared to Prudent Corporate Advisory IPO P/E ratio of 33.94.

 eMudhra IPOPrudent Corporate Advisory IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)79.1956.78
Promoter Shareholding (Post-Issue)61.0356.78
P/E Ratio49.4233.94
Market Cap₹1998.65 Cr.₹2608.62 Cr.
ROE24.2
ROCE30.528.73
Debt/Equity23.30
EPS₹2.49₹10.96
RoNW16.2628.73

Shares Offered

In the eMudhra IPO Retail Individual Investors (RII) are offered 56,43,560 shares while in Prudent Corporate Advisory IPO retail investors are offered 56,43,560 shares. Qualified Institutional Buyers (QIB) are offered 32,24,891 shares in eMudhra IPO and 16,87,101 shares in Prudent Corporate Advisory IPO.

 eMudhra IPOPrudent Corporate Advisory IPO
Anchor Investor Reservation48,37,336 shares25,30,651 shares
Market Maker Reservation
QIB32,24,891 shares16,87,101 shares
NII24,18,669 shares12,65,326 shares
RII56,43,560 shares29,52,427 shares
Employee1,13,835 shares
Others
Total1,61,24,456 shares85,49,340 shares

Bids Received (Subscription)

eMudhra IPO subscribed 2.72x in total, whereas Prudent Corporate Advisory IPO subscribed 1.22x.

 eMudhra IPOPrudent Corporate Advisory IPO
QIB (times)4.05x1.26x
NII (times)1.28x0.99x
Big NII (times)
Small NII (times)
RII (times)2.61x1.29x
Employee (times)1.23x
Other (times)
Total (times)2.72x1.22x

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eMudhra IPO Vs Prudent Corporate Advisory IPO