Bharti Hexacom IPO vs SRM Contractors IPO

Comparison between Bharti Hexacom IPO and SRM Contractors IPO.

IPO Details

Bharti Hexacom IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SRM Contractors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of SRM Contractors IPO is ₹210.00 per share.

 Bharti Hexacom IPOSRM Contractors IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹542.00 per share₹200.00 per share
Issue Price (Upper)₹570.00 per share₹210.00 per share
Issue Price (Final)₹570.00 per share₹210.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size26 shares70 shares
Fresh Issue Size0 shares62,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹130.20 Cr
OFS Issue Size7,50,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹4,275.00 Crup to ₹0.00 Cr
Issue Size Total7,50,00,000 shares62,00,000 shares
Issue Size Total (Amount)up to ₹4,275.00 Crup to ₹130.20 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of Bharti Hexacom IPO and SRM Contractors IPO is Apr 05, 2024, and Mar 28, 2024, respectively.

 Bharti Hexacom IPOSRM Contractors IPO
Anchor Bid DateApr 02, 2024Mar 22, 2024
Issue OpenApr 03, 2024Mar 26, 2024
Issue CloseApr 05, 2024Mar 28, 2024
Basis Of Allotment (Tentative)Apr 08, 2024Apr 01, 2024
Initiation of Refunds (Tentative)Apr 10, 2024Apr 02, 2024
Credit of Share (Tentative)Apr 10, 2024Apr 02, 2024
Listing date (Tentative)Apr 12, 2024Apr 03, 2024
Anchor Lockin End date 1May 08, 2024May 01, 2024
Anchor Lockin End date 2Jul 07, 2024Jun 30, 2024

Financials & KPIs

Bharti Hexacom IPO P/E ratio is 51.89, as compared to SRM Contractors IPO P/E ratio of 18.76.

 Bharti Hexacom IPOSRM Contractors IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Total Income5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
NET Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets168.87137.36120.22112.47
Total Income242.28300.65265.51161.95
Profit After Tax21.0718.7517.578.27
NET Worth37.2463.1644.4126.85
Reserves and Surplus67.4846.4142.8925.32
Total Borrowing42.3247.1631.5231.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.0099.92
Promoter Shareholding (Post-Issue)70.0072.92
P/E Ratio51.8918.76
Market Cap₹28500.00 Cr.₹481.83 Cr.
ROE
ROCE29.43%
Debt/Equity1.410.50
EPS₹10.98₹11.20
RoNW7.08%25.02%

Shares Offered

In the Bharti Hexacom IPO Retail Individual Investors (RII) are offered 75,00,000 shares while in SRM Contractors IPO retail investors are offered 75,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 12,40,100 shares in SRM Contractors IPO.

 Bharti Hexacom IPOSRM Contractors IPO
Anchor Investor Reservation3,37,50,000 shares18,59,900 shares
Market Maker Reservation
QIB2,25,00,000 shares12,40,100 shares
NII1,12,50,000 shares9,30,000 shares
RII75,00,000 shares21,70,000 shares
Employee
Others
Total7,50,00,000 shares62,00,000 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas SRM Contractors IPO subscribed 86.57x.

 Bharti Hexacom IPOSRM Contractors IPO
QIB (times)48.57x59.59x
NII (times)10.52x214.94x
Big NII (times)12.27x220.57x
Small NII (times)7.00x203.67x
RII (times)2.83x46.97x
Employee (times)
Other (times)
Total (times)29.88x86.57x

Compare with others

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Bharti Hexacom IPO Vs SRM Contractors IPO