Comparison between Elin Electronics IPO and Signatureglobal IPO.
Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Signatureglobal IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of Signatureglobal IPO is ₹385.00 per share.
| Elin Electronics IPO | Signatureglobal IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹234.00 per share | ₹366.00 per share |
| Issue Price (Upper) | ₹247.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹247.00 per share | ₹385.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 38 shares |
| Fresh Issue Size | 70,85,020 shares | 1,56,62,337 shares |
| Fresh Issue Size (Amount) | up to ₹175.00 Cr | up to ₹603.00 Cr |
| OFS Issue Size | 1,21,45,726 shares | 32,98,701 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹127.00 Cr |
| Issue Size Total | 1,92,30,746 shares | 1,89,61,038 shares |
| Issue Size Total (Amount) | up to ₹475.00 Cr | up to ₹730.00 Cr |
Elin Electronics IPO opens on Dec 20, 2022, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Elin Electronics IPO and Signatureglobal IPO is Dec 22, 2022, and Sep 22, 2023, respectively.
| Elin Electronics IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2022 | Sep 18, 2023 |
| Issue Open | Dec 20, 2022 | Sep 20, 2023 |
| Issue Close | Dec 22, 2022 | Sep 22, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2022 | Sep 27, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2022 | Sep 29, 2023 |
| Credit of Share (Tentative) | Dec 29, 2022 | Oct 03, 2023 |
| Listing date (Tentative) | Dec 30, 2022 | Sep 27, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2023 | Oct 27, 2023 |
| Anchor Lockin End date 2 | Mar 27, 2023 | Dec 26, 2023 |
Elin Electronics IPO P/E ratio is 29.69, as compared to Signatureglobal IPO P/E ratio of .
| Elin Electronics IPO | Signatureglobal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 53.98 | 78.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 32.93 | 69.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.58 Cr. | ₹5409.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.85 | -134.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.82 | 1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | 34.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.59 | ₹-5.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in Signatureglobal IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 59,48,080 shares in Signatureglobal IPO.
| Elin Electronics IPO | Signatureglobal IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,69,223 shares | 82,72,700 shares |
| Market Maker Reservation | ||
| QIB | 38,46,149 shares | 59,48,080 shares |
| NII | 28,84,612 shares | 28,44,155 shares |
| RII | 67,30,762 shares | 18,96,103 shares |
| Employee | ||
| Others | ||
| Total | 1,92,30,746 shares | 1,89,61,038 shares |
Elin Electronics IPO subscribed 3.09x in total, whereas Signatureglobal IPO subscribed 12.50x.
| Elin Electronics IPO | Signatureglobal IPO | |
|---|---|---|
| QIB (times) | 4.51x | 13.37x |
| NII (times) | 3.29x | 14.24x |
| Big NII (times) | 2.99x | 16.60x |
| Small NII (times) | 3.89x | 9.53x |
| RII (times) | 2.20x | 7.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.09x | 12.50x |
