Comparison between Protean eGov Technologies IPO and Saraswati Saree Depot IPO.
Protean eGov Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Saraswati Saree Depot IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Protean eGov Technologies IPO is up to ₹489.95 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Protean eGov Technologies IPO is ₹792.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.
| Protean eGov Technologies IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹752.00 per share | ₹152.00 per share |
| Issue Price (Upper) | ₹792.00 per share | ₹160.00 per share |
| Issue Price (Final) | ₹792.00 per share | ₹160.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 18 shares | 90 shares |
| Fresh Issue Size | 0 shares | 64,99,800 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹104.00 Cr |
| OFS Issue Size | 61,91,000 shares | 35,01,000 shares |
| OFS Issue Size (Amount) | up to ₹489.95 Cr | up to ₹56.02 Cr |
| Issue Size Total | 61,91,000 shares | 1,00,00,800 shares |
| Issue Size Total (Amount) | up to ₹489.95 Cr | up to ₹160.01 Cr |
Protean eGov Technologies IPO opens on Nov 06, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Protean eGov Technologies IPO and Saraswati Saree Depot IPO is Nov 08, 2023, and Aug 14, 2024, respectively.
| Protean eGov Technologies IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Bid Date | Nov 03, 2023 | |
| Issue Open | Nov 06, 2023 | Aug 12, 2024 |
| Issue Close | Nov 08, 2023 | Aug 14, 2024 |
| Basis Of Allotment (Tentative) | Nov 13, 2023 | Aug 16, 2024 |
| Initiation of Refunds (Tentative) | Nov 15, 2023 | Aug 19, 2024 |
| Credit of Share (Tentative) | Nov 16, 2023 | Aug 19, 2024 |
| Listing date (Tentative) | Nov 13, 2023 | Aug 20, 2024 |
| Anchor Lockin End date 1 | Dec 13, 2023 | |
| Anchor Lockin End date 2 | Feb 11, 2024 |
Protean eGov Technologies IPO P/E ratio is 29.91, as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.
| Protean eGov Technologies IPO | Saraswati Saree Depot IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.91 | 17.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3203.38 Cr. | ₹633.60 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.49% | 58.88 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.13% | 64.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹26.48 | ₹8.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.49% | 45.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Protean eGov Technologies IPO Retail Individual Investors (RII) are offered 21,14,350 shares while in Saraswati Saree Depot IPO retail investors are offered 21,14,350 shares. Qualified Institutional Buyers (QIB) are offered 12,08,200 shares in Protean eGov Technologies IPO and 50,00,400 shares in Saraswati Saree Depot IPO.
| Protean eGov Technologies IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,12,300 shares | |
| Market Maker Reservation | ||
| QIB | 12,08,200 shares | 50,00,400 shares |
| NII | 9,06,150 shares | 15,00,120 shares |
| RII | 21,14,350 shares | 35,00,280 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 61,91,000 shares | 1,00,00,800 shares |
Protean eGov Technologies IPO subscribed 23.86x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.
| Protean eGov Technologies IPO | Saraswati Saree Depot IPO | |
|---|---|---|
| QIB (times) | 46.94x | 64.12x |
| NII (times) | 31.62x | 358.47x |
| Big NII (times) | 33.14x | 389.28x |
| Small NII (times) | 28.58x | 296.85x |
| RII (times) | 8.93x | 61.59x |
| Employee (times) | 1.49x | |
| Other (times) | ||
| Total (times) | 23.86x | 107.39x |
