Comparison between Indegene IPO and SRM Contractors IPO.
Indegene 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.
The total issue size of Indegene IPO is up to ₹1,841.76 Cr whereas the issue size of the SRM Contractors IPO is up to ₹130.20 Cr. The final issue price of Indegene IPO is ₹452.00 per share and of SRM Contractors IPO is ₹210.00 per share.
| Indegene IPO | SRM Contractors IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹430.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹452.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹452.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹30.00 per share | |
| Market Lot Size | 33 shares | 70 shares |
| Fresh Issue Size | 1,68,33,818 shares | 62,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹760.52 Cr | up to ₹130.20 Cr |
| OFS Issue Size | 2,39,32,732 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,081.24 Cr | up to ₹0.00 Cr |
| Issue Size Total | 4,07,66,550 shares | 62,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,841.76 Cr | up to ₹130.20 Cr |
Indegene IPO opens on May 06, 2024, while SRM Contractors IPO opens on Mar 26, 2024. The closing date of Indegene IPO and SRM Contractors IPO is May 08, 2024, and Mar 28, 2024, respectively.
| Indegene IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2024 | Mar 22, 2024 |
| Issue Open | May 06, 2024 | Mar 26, 2024 |
| Issue Close | May 08, 2024 | Mar 28, 2024 |
| Basis Of Allotment (Tentative) | May 09, 2024 | Apr 01, 2024 |
| Initiation of Refunds (Tentative) | May 10, 2024 | Apr 02, 2024 |
| Credit of Share (Tentative) | May 10, 2024 | Apr 02, 2024 |
| Listing date (Tentative) | May 13, 2024 | Apr 03, 2024 |
| Anchor Lockin End date 1 | Jun 08, 2024 | May 01, 2024 |
| Anchor Lockin End date 2 | Aug 07, 2024 | Jun 30, 2024 |
Indegene IPO P/E ratio is 37.78, as compared to SRM Contractors IPO P/E ratio of 18.76.
| Indegene IPO | SRM Contractors IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 30.71 | 99.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 18.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10814.07 Cr. | ₹481.83 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.96 | ₹11.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 25.02% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indegene IPO Retail Individual Investors (RII) are offered 1,41,64,620 shares while in SRM Contractors IPO retail investors are offered 1,41,64,620 shares. Qualified Institutional Buyers (QIB) are offered 80,94,068 shares in Indegene IPO and 12,40,100 shares in SRM Contractors IPO.
| Indegene IPO | SRM Contractors IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,21,41,102 shares | 18,59,900 shares |
| Market Maker Reservation | ||
| QIB | 80,94,068 shares | 12,40,100 shares |
| NII | 60,70,552 shares | 9,30,000 shares |
| RII | 1,41,64,620 shares | 21,70,000 shares |
| Employee | 2,96,208 shares | |
| Others | ||
| Total | 4,07,66,550 shares | 62,00,000 shares |
Indegene IPO subscribed 70.30x in total, whereas SRM Contractors IPO subscribed 86.57x.
| Indegene IPO | SRM Contractors IPO | |
|---|---|---|
| QIB (times) | 192.72x | 59.59x |
| NII (times) | 55.91x | 214.94x |
| Big NII (times) | 62.23x | 220.57x |
| Small NII (times) | 43.26x | 203.67x |
| RII (times) | 7.86x | 46.97x |
| Employee (times) | 6.62x | |
| Other (times) | ||
| Total (times) | 70.30x | 86.57x |
