Comparison between IRM Energy IPO and Saraswati Saree Depot IPO.
IRM Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRM Energy IPO is up to ₹545.00 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of IRM Energy IPO is ₹505.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.
| IRM Energy IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹480.00 per share | ₹152.00 per share |
| Issue Price (Upper) | ₹505.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹505.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 29 shares | 90 shares |
| Fresh Issue Size | 1,08,00,000 shares | 64,99,800 shares |
| Fresh Issue Size (Amount) | up to ₹545.00 Cr | up to ₹104.00 Cr |
| OFS Issue Size | 0 shares | 35,01,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹56.02 Cr |
| Issue Size Total | 1,08,00,000 shares | 1,00,00,800 shares |
| Issue Size Total (Amount) | up to ₹545.00 Cr | up to ₹160.01 Cr |
IRM Energy IPO opens on Oct 18, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of IRM Energy IPO and Saraswati Saree Depot IPO is Oct 20, 2023, and Aug 14, 2024, respectively.
| IRM Energy IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Bid Date | Oct 17, 2023 | |
| Issue Open | Oct 18, 2023 | Aug 12, 2024 |
| Issue Close | Oct 20, 2023 | Aug 14, 2024 |
| Basis Of Allotment (Tentative) | Oct 27, 2023 | Aug 16, 2024 |
| Initiation of Refunds (Tentative) | Oct 27, 2023 | Aug 19, 2024 |
| Credit of Share (Tentative) | Oct 30, 2023 | Aug 19, 2024 |
| Listing date (Tentative) | Oct 26, 2023 | Aug 20, 2024 |
| Anchor Lockin End date 1 | Nov 26, 2023 | |
| Anchor Lockin End date 2 | Jan 25, 2024 |
IRM Energy IPO P/E ratio is 24.13, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.
| IRM Energy IPO | Saraswati Saree Depot IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 67.94 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.13 | 17.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2073.51 Cr. | ₹633.60 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.23% | 58.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.19% | 64.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.93 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹20.93 | ₹8.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 45.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IRM Energy IPO Retail Individual Investors (RII) are offered 37,04,400 shares while in Saraswati Saree Depot IPO retail investors are offered 37,04,400 shares. Qualified Institutional Buyers (QIB) are offered 21,16,800 shares in IRM Energy IPO and 50,00,400 shares in Saraswati Saree Depot IPO.
| IRM Energy IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,75,200 shares | |
| Market Maker Reservation | ||
| QIB | 21,16,800 shares | 50,00,400 shares |
| NII | 15,87,600 shares | 15,00,120 shares |
| RII | 37,04,400 shares | 35,00,280 shares |
| Employee | 2,16,000 shares | |
| Others | ||
| Total | 1,08,00,000 shares | 1,00,00,800 shares |
IRM Energy IPO subscribed 27.05x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.
| IRM Energy IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| QIB (times) | 44.73x | 64.12x |
| NII (times) | 48.34x | 358.47x |
| Big NII (times) | 52.29x | 389.28x |
| Small NII (times) | 40.46x | 296.85x |
| RII (times) | 9.29x | 61.59x |
| Employee (times) | 2.05x | |
| Other (times) | ||
| Total (times) | 27.05x | 107.39x |
