Comparison between Shree Tirupati Balajee Agro IPO and Western Carriers IPO.
Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Western Carriers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr whereas the issue size of the Western Carriers IPO is up to ₹492.88 Cr. The final issue price of Shree Tirupati Balajee Agro IPO is ₹83.00 per share and of Western Carriers IPO is ₹172.00 per share.
| Shree Tirupati Balajee Agro IPO | Western Carriers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹78.00 per share | ₹163.00 per share |
| Issue Price (Upper) | ₹83.00 per share | ₹172.00 per share |
| Issue Price (Final) | ₹83.00 per share | ₹172.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 180 shares | 87 shares |
| Fresh Issue Size | 1,47,50,000 shares | 2,32,55,813 shares |
| Fresh Issue Size (Amount) | up to ₹122.43 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 56,90,000 shares | 54,00,000 shares |
| OFS Issue Size (Amount) | up to ₹47.23 Cr | up to ₹92.88 Cr |
| Issue Size Total | 2,04,40,000 shares | 2,86,55,813 shares |
| Issue Size Total (Amount) | up to ₹169.65 Cr | up to ₹492.88 Cr |
Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024, while Western Carriers IPO opens on Sep 13, 2024. The closing date of Shree Tirupati Balajee Agro IPO and Western Carriers IPO is Sep 09, 2024, and Sep 19, 2024, respectively.
| Shree Tirupati Balajee Agro IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2024 | Sep 12, 2024 |
| Issue Open | Sep 05, 2024 | Sep 13, 2024 |
| Issue Close | Sep 09, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 10, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 11, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 11, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 12, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 09, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 08, 2024 | Dec 18, 2024 |
Shree Tirupati Balajee Agro IPO P/E ratio is 15.37, as compared to Western Carriers IPO P/E ratio of 16.85.
| Shree Tirupati Balajee Agro IPO | Western Carriers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 88.38 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.42 | 71.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.37 | 16.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹677.04 Cr. | ₹1753.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.84% | 22.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.29% | 29.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.41 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.40 | ₹10.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.84% | 20.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Shree Tirupati Balajee Agro IPO Retail Individual Investors (RII) are offered 71,54,000 shares while in Western Carriers 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 57,31,163 shares in Western Carriers IPO.
| Shree Tirupati Balajee Agro IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Investor Reservation | 61,32,000 shares | 85,96,743 shares |
| Market Maker Reservation | ||
| QIB | 40,88,000 shares | 57,31,163 shares |
| NII | 30,66,000 shares | 42,98,372 shares |
| RII | 71,54,000 shares | 1,00,29,535 shares |
| Employee | ||
| Others | ||
| Total | 2,04,40,000 shares | 2,86,55,813 shares |
Shree Tirupati Balajee Agro IPO subscribed 124.74x in total, whereas Western Carriers IPO subscribed 31.69x.
| Shree Tirupati Balajee Agro IPO | Western Carriers IPO | |
|---|---|---|
| QIB (times) | 150.87x | 28.81x |
| NII (times) | 210.12x | 46.68x |
| Big NII (times) | 225.47x | 41.65x |
| Small NII (times) | 179.41x | 56.73x |
| RII (times) | 73.22x | 26.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 124.74x | 31.69x |