Comparison between Bansal Wire Industries IPO and Sanstar IPO.
Bansal Wire Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sanstar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bansal Wire Industries IPO is up to ₹745.00 Cr whereas the issue size of the Sanstar IPO is up to ₹510.15 Cr. The final issue price of Bansal Wire Industries IPO is ₹256.00 per share and of Sanstar IPO is ₹95.00 per share.
| Bansal Wire Industries IPO | Sanstar IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹243.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹256.00 per share | ₹95.00 per share |
| Issue Price (Final) | ₹256.00 per share | ₹95.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 58 shares | 150 shares |
| Fresh Issue Size | 2,91,01,562 shares | 4,18,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹745.00 Cr | up to ₹397.10 Cr |
| OFS Issue Size | 0 shares | 1,19,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹113.05 Cr |
| Issue Size Total | 2,91,01,562 shares | 5,37,00,000 shares |
| Issue Size Total (Amount) | up to ₹745.00 Cr | up to ₹510.15 Cr |
Bansal Wire Industries IPO opens on Jul 03, 2024, while Sanstar IPO opens on Jul 19, 2024. The closing date of Bansal Wire Industries IPO and Sanstar IPO is Jul 05, 2024, and Jul 23, 2024, respectively.
| Bansal Wire Industries IPO | Sanstar IPO | |
|---|---|---|
| Anchor Bid Date | Jul 02, 2024 | Jul 18, 2024 |
| Issue Open | Jul 03, 2024 | Jul 19, 2024 |
| Issue Close | Jul 05, 2024 | Jul 23, 2024 |
| Basis Of Allotment (Tentative) | Jul 08, 2024 | Jul 24, 2024 |
| Initiation of Refunds (Tentative) | Jul 09, 2024 | Jul 25, 2024 |
| Credit of Share (Tentative) | Jul 09, 2024 | Jul 25, 2024 |
| Listing date (Tentative) | Jul 10, 2024 | Jul 26, 2024 |
| Anchor Lockin End date 1 | Aug 07, 2024 | Aug 23, 2024 |
| Anchor Lockin End date 2 | Oct 06, 2024 | Oct 22, 2024 |
Bansal Wire Industries IPO P/E ratio is 41.41, as compared to Sanstar IPO P/E ratio of 19.98.
| Bansal Wire Industries IPO | Sanstar IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.78 | 99.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 77.97 | 70.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 41.41 | 19.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4007.83 Cr. | ₹1731.32 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 21.19% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.46% | 24.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.48 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹4.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.27% | 30.92% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bansal Wire Industries IPO Retail Individual Investors (RII) are offered 1,01,85,547 shares while in Sanstar IPO retail investors are offered 1,01,85,547 shares. Qualified Institutional Buyers (QIB) are offered 58,20,312 shares in Bansal Wire Industries IPO and 1,07,40,000 shares in Sanstar IPO.
| Bansal Wire Industries IPO | Sanstar IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,30,468 shares | 1,61,10,000 shares |
| Market Maker Reservation | ||
| QIB | 58,20,312 shares | 1,07,40,000 shares |
| NII | 43,65,235 shares | 80,55,000 shares |
| RII | 1,01,85,547 shares | 1,87,95,000 shares |
| Employee | ||
| Others | ||
| Total | 2,91,01,562 shares | 5,37,00,000 shares |
Bansal Wire Industries IPO subscribed 62.76x in total, whereas Sanstar IPO subscribed 82.99x.
| Bansal Wire Industries IPO | Sanstar IPO | |
|---|---|---|
| QIB (times) | 153.86x | 145.68x |
| NII (times) | 54.21x | 136.49x |
| Big NII (times) | 55.27x | 149.44x |
| Small NII (times) | 52.11x | 110.61x |
| RII (times) | 14.37x | 24.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 62.76x | 82.99x |
