Concord Control Systems IPO vs Silicon Rental Solutions IPO

Comparison between Concord Control Systems IPO and Silicon Rental Solutions IPO.

IPO Details

Concord Control Systems IPO is a SME Fixed Price IPO proposed to list at BSE SME while Silicon Rental Solutions IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Concord Control Systems IPO is up to ₹7.89 Cr whereas the issue size of the Silicon Rental Solutions IPO is up to ₹20.09 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Silicon Rental Solutions IPO is ₹78.00 per share.

 Concord Control Systems IPOSilicon Rental Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹53.00 per share
Issue Price (Upper)₹55.00 per share
Issue Price (Final)₹55.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares1600 shares
Fresh Issue Size14,34,000 shares25,76,000 shares
Fresh Issue Size (Amount)up to ₹7.89 Crup to ₹20.09 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total14,34,000 shares25,76,000 shares
Issue Size Total (Amount)up to ₹7.89 Crup to ₹20.09 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while Silicon Rental Solutions IPO opens on Sep 28, 2022. The closing date of Concord Control Systems IPO and Silicon Rental Solutions IPO is Sep 29, 2022, and Sep 30, 2022, respectively.

 Concord Control Systems IPOSilicon Rental Solutions IPO
Anchor Bid DateSep 26, 2022
Issue OpenSep 27, 2022Sep 28, 2022
Issue CloseSep 29, 2022Sep 30, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 06, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 07, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 10, 2022
Listing date (Tentative)Oct 10, 2022Oct 10, 2022
Anchor Lockin End date 1Nov 03, 2022
Anchor Lockin End date 2Jan 02, 2023

Financials & KPIs

Concord Control Systems IPO P/E ratio is 12.14, as compared to Silicon Rental Solutions IPO P/E ratio of 10.73.

 Concord Control Systems IPOSilicon Rental Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets14.6712.518.38
Total Income31.7417.6115.89
Profit After Tax2.591.431.05
NET Worth7.544.953.51
Reserves and Surplus7.344.753.30
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets41.7222.3617.62
Total Income24.6813.7612.28
Profit After Tax7.472.702.16
NET Worth0.000.000.00
Reserves and Surplus15.988.525.82
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10099.79
Promoter Shareholding (Post-Issue)73.5373.44
P/E Ratio12.1410.73
Market Cap₹31.42 Cr.₹80.12 Cr.
ROE41.4543.95
ROCE43.7430.8
Debt/Equity0.420.98
EPS₹6.17₹12.48
RoNW34.3543.95

Shares Offered

In the Concord Control Systems IPO Retail Individual Investors (RII) are offered 5,02,000 shares while in Silicon Rental Solutions IPO retail investors are offered 5,02,000 shares. Qualified Institutional Buyers (QIB) are offered 2,88,000 shares in Concord Control Systems IPO and in Silicon Rental Solutions IPO.

 Concord Control Systems IPOSilicon Rental Solutions IPO
Anchor Investor Reservation4,28,000 shares
Market Maker Reservation78,000 shares1,36,000 shares
QIB2,88,000 shares
NII2,16,000 shares12,88,000 shares
RII5,02,000 shares12,88,000 shares
Employee
Others
Total14,34,000 shares25,76,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas Silicon Rental Solutions IPO subscribed 2.89x.

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Concord Control Systems IPO Vs Silicon Rental Solutions IPO