Comparison between Ethos IPO and Prudent Corporate Advisory IPO.
Ethos 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.
The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the Prudent Corporate Advisory IPO is up to ₹428.28 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of Prudent Corporate Advisory IPO is ₹630.00 per share.
| Ethos IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹836.00 per share | ₹595.00 per share |
| Issue Price (Upper) | ₹878.00 per share | ₹630.00 per share |
| Issue Price (Final) | ₹878.00 per share | ₹630.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | |
| Market Lot Size | 17 shares | 23 shares |
| Fresh Issue Size | 42,71,070 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹375.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,10,430 shares | 68,08,820 shares |
| OFS Issue Size (Amount) | up to ₹27.26 Cr | up to ₹428.28 Cr |
| Issue Size Total | 45,81,500 shares | 68,08,820 shares |
| Issue Size Total (Amount) | up to ₹402.26 Cr | up to ₹428.28 Cr |
Ethos IPO opens on May 18, 2022, while Prudent Corporate Advisory IPO opens on May 10, 2022. The closing date of Ethos IPO and Prudent Corporate Advisory IPO is May 20, 2022, and May 12, 2022, respectively.
| Ethos IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Bid Date | May 17, 2022 | May 09, 2022 |
| Issue Open | May 18, 2022 | May 10, 2022 |
| Issue Close | May 20, 2022 | May 12, 2022 |
| Basis Of Allotment (Tentative) | May 25, 2022 | May 18, 2022 |
| Initiation of Refunds (Tentative) | May 26, 2022 | May 19, 2022 |
| Credit of Share (Tentative) | May 27, 2022 | May 20, 2022 |
| Listing date (Tentative) | May 30, 2022 | May 20, 2022 |
| Anchor Lockin End date 1 | Jun 24, 2022 | Jun 17, 2022 |
| Anchor Lockin End date 2 | Aug 23, 2022 | Aug 16, 2022 |
Ethos IPO P/E ratio is 96, as compared to Prudent Corporate Advisory IPO P/E ratio of 33.94.
| Ethos IPO | Prudent Corporate Advisory IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.01 | 56.78 | ||||
| Promoter Shareholding (Post-Issue) | 61.65 | 56.78 | ||||
| P/E Ratio | 96 | 33.94 | ||||
| Market Cap | ₹2050.06 Cr. | ₹2608.62 Cr. | ||||
| ROE | ||||||
| ROCE | 28.73 | |||||
| Debt/Equity | 0.78 | |||||
| EPS | ₹3.18 | ₹10.96 | ||||
| RoNW | 3.72 | 28.73 |
In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in Prudent Corporate Advisory IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 16,87,101 shares in Prudent Corporate Advisory IPO.
| Ethos IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,13,725 shares | 25,30,651 shares |
| Market Maker Reservation | ||
| QIB | 6,77,025 shares | 16,87,101 shares |
| NII | 6,87,225 shares | 12,65,326 shares |
| RII | 16,03,525 shares | 29,52,427 shares |
| Employee | 1,13,835 shares | |
| Others | ||
| Total | 45,81,500 shares | 85,49,340 shares |
Ethos IPO subscribed 1.04x in total, whereas Prudent Corporate Advisory IPO subscribed 1.22x.
| Ethos IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| QIB (times) | 1.06x | 1.26x |
| NII (times) | 1.48x | 0.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 1.29x |
| Employee (times) | 1.23x | |
| Other (times) | ||
| Total (times) | 1.04x | 1.22x |
