Comparison between Ajax Engineering IPO and Stallion India Fluorochemicals IPO.
Ajax Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stallion India Fluorochemicals IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ajax Engineering IPO is up to ₹1,268.93 Cr whereas the issue size of the Stallion India Fluorochemicals IPO is up to ₹199.45 Cr. The final issue price of Ajax Engineering IPO is ₹629.00 per share and of Stallion India Fluorochemicals IPO is ₹90.00 per share.
| Ajax Engineering IPO | Stallion India Fluorochemicals IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹599.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹629.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹629.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | |
| Market Lot Size | 23 shares | 165 shares |
| Fresh Issue Size | 0 shares | 1,78,58,740 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹160.73 Cr |
| OFS Issue Size | 2,01,80,446 shares | 43,02,656 shares |
| OFS Issue Size (Amount) | up to ₹1,268.93 Cr | up to ₹38.72 Cr |
| Issue Size Total | 2,01,80,446 shares | 2,21,61,396 shares |
| Issue Size Total (Amount) | up to ₹1,268.93 Cr | up to ₹199.45 Cr |
Ajax Engineering IPO opens on Feb 10, 2025, while Stallion India Fluorochemicals IPO opens on Jan 16, 2025. The closing date of Ajax Engineering IPO and Stallion India Fluorochemicals IPO is Feb 12, 2025, and Jan 20, 2025, respectively.
| Ajax Engineering IPO | Stallion India Fluorochemicals IPO | |
|---|---|---|
| Anchor Bid Date | Feb 07, 2025 | Jan 15, 2025 |
| Issue Open | Feb 10, 2025 | Jan 16, 2025 |
| Issue Close | Feb 12, 2025 | Jan 20, 2025 |
| Basis Of Allotment (Tentative) | Feb 13, 2025 | Jan 21, 2025 |
| Initiation of Refunds (Tentative) | Feb 14, 2025 | Jan 22, 2025 |
| Credit of Share (Tentative) | Feb 14, 2025 | Jan 22, 2025 |
| Listing date (Tentative) | Feb 17, 2025 | Jan 23, 2025 |
| Anchor Lockin End date 1 | Mar 14, 2025 | Feb 20, 2025 |
| Anchor Lockin End date 2 | May 13, 2025 | Apr 21, 2025 |
Ajax Engineering IPO P/E ratio is 31.96, as compared to Stallion India Fluorochemicals IPO P/E ratio of 37.41.
| Ajax Engineering IPO | Stallion India Fluorochemicals IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.5 | 94.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 80 | 67.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.96 | 37.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7196.19 Cr. | ₹713.93 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.53% | 12.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 32.82% | 13.96% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.01 | 0.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹19.68 | ₹2.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.39% | 12.54% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ajax Engineering IPO Retail Individual Investors (RII) are offered 70,35,525 shares while in Stallion India Fluorochemicals IPO retail investors are offered 70,35,525 shares. Qualified Institutional Buyers (QIB) are offered 40,20,300 shares in Ajax Engineering IPO and 44,32,279 shares in Stallion India Fluorochemicals IPO.
| Ajax Engineering IPO | Stallion India Fluorochemicals IPO | |
|---|---|---|
| Anchor Investor Reservation | 60,30,449 shares | 66,48,418 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 40,20,300 shares | 44,32,279 shares |
| NII | 30,15,225 shares | 33,24,210 shares |
| RII | 70,35,525 shares | 77,56,489 shares |
| Employee | 78,947 shares | 0 shares |
| Others | ||
| Total | 2,01,80,446 shares | 2,21,61,396 shares |
Ajax Engineering IPO subscribed 6.06x in total, whereas Stallion India Fluorochemicals IPO subscribed 188.32x.
| Ajax Engineering IPO | Stallion India Fluorochemicals IPO | |
|---|---|---|
| QIB (times) | 13.04x | 172.93x |
| NII (times) | 6.46x | 422.35x |
| Big NII (times) | 7.67x | 472.89x |
| Small NII (times) | 3.58x | 321.29x |
| RII (times) | 1.94x | 96.81x |
| Employee (times) | 2.62x | |
| Other (times) | ||
| Total (times) | 6.06x | 188.32x |
