Paradeep Phosphates IPO vs Prudent Corporate Advisory IPO

Comparison between Paradeep Phosphates IPO and Prudent Corporate Advisory IPO.

IPO Details

Paradeep Phosphates 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 Paradeep Phosphates IPO is up to ₹1,501.73 Cr whereas the issue size of the Prudent Corporate Advisory IPO is up to ₹428.28 Cr. The final issue price of Paradeep Phosphates IPO is ₹42.00 per share and of Prudent Corporate Advisory IPO is ₹630.00 per share.

 Paradeep Phosphates IPOPrudent Corporate Advisory IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹39.00 per share₹595.00 per share
Issue Price (Upper)₹42.00 per share₹630.00 per share
Issue Price (Final)₹42.00 per share₹630.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹59.00 per share
Market Lot Size350 shares23 shares
Fresh Issue Size23,90,47,619 shares0 shares
Fresh Issue Size (Amount)up to ₹1,004.00 Crup to ₹0.00 Cr
OFS Issue Size11,85,07,493 shares68,08,820 shares
OFS Issue Size (Amount)up to ₹497.73 Crup to ₹428.28 Cr
Issue Size Total35,75,55,112 shares68,08,820 shares
Issue Size Total (Amount)up to ₹1,501.73 Crup to ₹428.28 Cr

IPO Timetable

Paradeep Phosphates IPO opens on May 17, 2022, while Prudent Corporate Advisory IPO opens on May 10, 2022. The closing date of Paradeep Phosphates IPO and Prudent Corporate Advisory IPO is May 19, 2022, and May 12, 2022, respectively.

 Paradeep Phosphates IPOPrudent Corporate Advisory IPO
Anchor Bid DateMay 13, 2022May 09, 2022
Issue OpenMay 17, 2022May 10, 2022
Issue CloseMay 19, 2022May 12, 2022
Basis Of Allotment (Tentative)May 24, 2022May 18, 2022
Initiation of Refunds (Tentative)May 25, 2022May 19, 2022
Credit of Share (Tentative)May 26, 2022May 20, 2022
Listing date (Tentative)May 27, 2022May 20, 2022
Anchor Lockin End date 1Jun 23, 2022Jun 17, 2022
Anchor Lockin End date 2Aug 22, 2022Aug 16, 2022

Financials & KPIs

Paradeep Phosphates IPO P/E ratio is 7.07, as compared to Prudent Corporate Advisory IPO P/E ratio of 33.94.

 Paradeep Phosphates IPOPrudent Corporate Advisory IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10056.78
Promoter Shareholding (Post-Issue)56.78
P/E Ratio7.0733.94
Market Cap₹3420.89 Cr.₹2608.62 Cr.
ROE
ROCE28.73
Debt/Equity
EPS₹3.88₹10.96
RoNW12.2228.73

Shares Offered

In the Paradeep Phosphates IPO Retail Individual Investors (RII) are offered 12,51,44,290 shares while in Prudent Corporate Advisory IPO retail investors are offered 12,51,44,290 shares. Qualified Institutional Buyers (QIB) are offered 7,15,11,022 shares in Paradeep Phosphates IPO and 16,87,101 shares in Prudent Corporate Advisory IPO.

 Paradeep Phosphates IPOPrudent Corporate Advisory IPO
Anchor Investor Reservation10,72,66,533 shares25,30,651 shares
Market Maker Reservation
QIB7,15,11,022 shares16,87,101 shares
NII5,36,33,267 shares12,65,326 shares
RII12,51,44,290 shares29,52,427 shares
Employee1,13,835 shares
Others
Total35,75,55,112 shares85,49,340 shares

Bids Received (Subscription)

Paradeep Phosphates IPO subscribed 1.75x in total, whereas Prudent Corporate Advisory IPO subscribed 1.22x.

 Paradeep Phosphates IPOPrudent Corporate Advisory IPO
QIB (times)3.01x1.26x
NII (times)0.82x0.99x
Big NII (times)
Small NII (times)
RII (times)1.37x1.29x
Employee (times)1.23x
Other (times)
Total (times)1.75x1.22x

Compare with others

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Paradeep Phosphates IPO Vs Prudent Corporate Advisory IPO