Carraro India IPO vs Quadrant Future Tek IPO

Comparison between Carraro India IPO and Quadrant Future Tek IPO.

IPO Details

Carraro India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quadrant Future Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Carraro India IPO is up to ₹1,250.00 Cr whereas the issue size of the Quadrant Future Tek IPO is up to ₹290.00 Cr. The final issue price of Carraro India IPO is ₹704.00 per share and of Quadrant Future Tek IPO is ₹290.00 per share.

 Carraro India IPOQuadrant Future Tek IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹668.00 per share₹275.00 per share
Issue Price (Upper)₹704.00 per share₹290.00 per share
Issue Price (Final)₹704.00 per share₹290.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size21 shares50 shares
Fresh Issue Size0 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹290.00 Cr
OFS Issue Size1,77,55,681 shares0 shares
OFS Issue Size (Amount)up to ₹1,250.00 Crup to ₹0.00 Cr
Issue Size Total1,77,55,681 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹1,250.00 Crup to ₹290.00 Cr

IPO Timetable

Carraro India IPO opens on Dec 20, 2024, while Quadrant Future Tek IPO opens on Jan 07, 2025. The closing date of Carraro India IPO and Quadrant Future Tek IPO is Dec 24, 2024, and Jan 09, 2025, respectively.

 Carraro India IPOQuadrant Future Tek IPO
Anchor Bid DateDec 19, 2024Jan 06, 2025
Issue OpenDec 20, 2024Jan 07, 2025
Issue CloseDec 24, 2024Jan 09, 2025
Basis Of Allotment (Tentative)Dec 26, 2024Jan 10, 2025
Initiation of Refunds (Tentative)Dec 27, 2024Jan 13, 2025
Credit of Share (Tentative)Dec 27, 2024Jan 13, 2025
Listing date (Tentative)Dec 30, 2024Jan 14, 2025
Anchor Lockin End date 1Jan 24, 2025Feb 08, 2025
Anchor Lockin End date 2Mar 25, 2025Apr 09, 2025

Financials & KPIs

Carraro India IPO P/E ratio is 63.97, as compared to Quadrant Future Tek IPO P/E ratio of 59.13.

 Carraro India IPOQuadrant Future Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,093.411,072.891,072.391,012.44
Total Income922.741,806.551,733.301,520.05
Profit After Tax49.7362.5648.4622.43
NET Worth419.44369.82337.38292.49
Total Borrowing195.78212.55188.33178.14
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Total Income65.14151.82152.95104.29
Profit After Tax-12.1114.7113.901.94
NET Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10093.33
Promoter Shareholding (Post-Issue)68.7770
P/E Ratio63.9759.13
Market Cap₹4002.35 Cr.₹1160.00 Cr.
ROE17.69%33.41%
ROCE19.35%26.12%
Debt/Equity0.581.86
EPS₹11.00₹4.90
RoNW16.92%33.41%

Shares Offered

In the Carraro India IPO Retail Individual Investors (RII) are offered 62,14,489 shares while in Quadrant Future Tek IPO retail investors are offered 62,14,489 shares. Qualified Institutional Buyers (QIB) are offered 35,51,136 shares in Carraro India IPO and 30,00,000 shares in Quadrant Future Tek IPO.

 Carraro India IPOQuadrant Future Tek IPO
Anchor Investor Reservation53,26,703 shares45,00,000 shares
Market Maker Reservation0 shares
QIB35,51,136 shares30,00,000 shares
NII26,63,353 shares15,00,000 shares
RII62,14,489 shares10,00,000 shares
Employee0 shares
Others
Total1,77,55,681 shares1,00,00,000 shares

Bids Received (Subscription)

Carraro India IPO subscribed 1.18x in total, whereas Quadrant Future Tek IPO subscribed 195.96x.

 Carraro India IPOQuadrant Future Tek IPO
QIB (times)2.33x139.77x
NII (times)0.63x268.03x
Big NII (times)0.45x274.25x
Small NII (times)1.01x255.57x
RII (times)0.75x256.46x
Employee (times)
Other (times)
Total (times)1.18x195.96x

Compare with others

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Carraro India IPO Vs Quadrant Future Tek IPO