Shree Tirupati Balajee Agro IPO vs Tolins Tyres IPO

Comparison between Shree Tirupati Balajee Agro IPO and Tolins Tyres IPO.

IPO Details

Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Shree Tirupati Balajee Agro IPO is ₹83.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

 Shree Tirupati Balajee Agro IPOTolins Tyres IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹78.00 per share₹215.00 per share
Issue Price (Upper)₹83.00 per share₹226.00 per share
Issue Price (Final)₹83.00 per share₹226.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size180 shares66 shares
Fresh Issue Size1,47,50,000 shares88,49,559 shares
Fresh Issue Size (Amount)up to ₹122.43 Crup to ₹200.00 Cr
OFS Issue Size56,90,000 shares13,27,432 shares
OFS Issue Size (Amount)up to ₹47.23 Crup to ₹30.00 Cr
Issue Size Total2,04,40,000 shares1,01,76,991 shares
Issue Size Total (Amount)up to ₹169.65 Crup to ₹230.00 Cr

IPO Timetable

Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Shree Tirupati Balajee Agro IPO and Tolins Tyres IPO is Sep 09, 2024, and Sep 11, 2024, respectively.

 Shree Tirupati Balajee Agro IPOTolins Tyres IPO
Anchor Bid DateSep 04, 2024Sep 06, 2024
Issue OpenSep 05, 2024Sep 09, 2024
Issue CloseSep 09, 2024Sep 11, 2024
Basis Of Allotment (Tentative)Sep 10, 2024Sep 12, 2024
Initiation of Refunds (Tentative)Sep 11, 2024Sep 13, 2024
Credit of Share (Tentative)Sep 11, 2024Sep 13, 2024
Listing date (Tentative)Sep 12, 2024Sep 16, 2024
Anchor Lockin End date 1Oct 09, 2024Oct 12, 2024
Anchor Lockin End date 2Dec 08, 2024Dec 12, 2024

Financials & KPIs

Shree Tirupati Balajee Agro IPO P/E ratio is 15.37, as compared to Tolins Tyres IPO P/E ratio of 26.64.

 Shree Tirupati Balajee Agro IPOTolins Tyres IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets516.94392.46391.89
Total Income552.82478.14453.79
Profit After Tax36.0720.7213.66
NET Worth173.07110.2192.23
Reserves and Surplus106.24109.05
Total Borrowing243.69223.81240.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets221.60
Total Income228.69
Profit After Tax26.01
NET Worth100.53
Reserves and Surplus85.07
Total Borrowing78.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.3892.64
Promoter Shareholding (Post-Issue)65.4268.53
P/E Ratio15.3726.64
Market Cap₹677.04 Cr.₹892.90 Cr.
ROE20.84%25.87%
ROCE16.29%36.08%
Debt/Equity1.410.78
EPS₹5.40₹8.48
RoNW20.84%25.87%

Shares Offered

In the Shree Tirupati Balajee Agro IPO Retail Individual Investors (RII) are offered 71,54,000 shares while in Tolins Tyres IPO retail investors are offered 71,54,000 shares. Qualified Institutional Buyers (QIB) are offered 40,88,000 shares in Shree Tirupati Balajee Agro IPO and 20,35,398 shares in Tolins Tyres IPO.

 Shree Tirupati Balajee Agro IPOTolins Tyres IPO
Anchor Investor Reservation61,32,000 shares30,53,097 shares
Market Maker Reservation
QIB40,88,000 shares20,35,398 shares
NII30,66,000 shares15,26,549 shares
RII71,54,000 shares35,61,947 shares
Employee
Others
Total2,04,40,000 shares1,01,76,991 shares

Bids Received (Subscription)

Shree Tirupati Balajee Agro IPO subscribed 124.74x in total, whereas Tolins Tyres IPO subscribed 25.03x.

 Shree Tirupati Balajee Agro IPOTolins Tyres IPO
QIB (times)150.87x26.72x
NII (times)210.12x28.80x
Big NII (times)225.47x26.39x
Small NII (times)179.41x33.63x
RII (times)73.22x22.45x
Employee (times)
Other (times)
Total (times)124.74x25.03x

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Shree Tirupati Balajee Agro IPO Vs Tolins Tyres IPO