Storage Technologies IPO vs Winsol Engineers IPO

Comparison between Storage Technologies IPO and Winsol Engineers IPO.

IPO Details

Storage Technologies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Winsol Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Storage Technologies IPO is up to ₹28.39 Cr whereas the issue size of the Winsol Engineers IPO is up to ₹22.18 Cr. The final issue price of Storage Technologies IPO is ₹78.00 per share and of Winsol Engineers IPO is ₹75.00 per share.

 Storage Technologies IPOWinsol Engineers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹73.00 per share₹71.00 per share
Issue Price (Upper)₹78.00 per share₹75.00 per share
Issue Price (Final)₹78.00 per share₹75.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size36,40,000 shares29,56,800 shares
Fresh Issue Size (Amount)up to ₹28.39 Crup to ₹22.18 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,40,000 shares29,56,800 shares
Issue Size Total (Amount)up to ₹28.39 Crup to ₹22.18 Cr

IPO Timetable

Storage Technologies IPO opens on Apr 30, 2024, while Winsol Engineers IPO opens on May 06, 2024. The closing date of Storage Technologies IPO and Winsol Engineers IPO is May 03, 2024, and May 09, 2024, respectively.

 Storage Technologies IPOWinsol Engineers IPO
Anchor Bid DateApr 29, 2024May 03, 2024
Issue OpenApr 30, 2024May 06, 2024
Issue CloseMay 03, 2024May 09, 2024
Basis Of Allotment (Tentative)May 06, 2024May 10, 2024
Initiation of Refunds (Tentative)May 07, 2024May 13, 2024
Credit of Share (Tentative)May 07, 2024May 13, 2024
Listing date (Tentative)May 08, 2024May 14, 2024
Anchor Lockin End date 1Jun 05, 2024Jun 09, 2024
Anchor Lockin End date 2Aug 04, 2024Aug 08, 2024

Financials & KPIs

Storage Technologies IPO P/E ratio is 48.45, as compared to Winsol Engineers IPO P/E ratio of 12.19.

 Storage Technologies IPOWinsol Engineers IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets63.7640.0435.6831.13
Total Income53.1781.3769.9048.52
Profit After Tax3.590.48-0.201.18
NET Worth9.545.955.465.67
Reserves and Surplus6.542.952.464.67
Total Borrowing16.339.328.713.47
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets35.6528.5627.6518.17
Total Income52.0265.4560.8022.25
Profit After Tax6.775.181.080.49
NET Worth15.278.743.442.39
Reserves and Surplus6.858.723.422.37
Total Borrowing8.4710.599.298.14
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)70.0972.99
P/E Ratio48.4512.19
Market Cap₹86.51 Cr.
ROE46.37%22.33%
ROCE22.52%11.71%
Debt/Equity0.55
EPS₹11.96₹6.15
RoNW37.64%44.35%

Shares Offered

In the Storage Technologies IPO Retail Individual Investors (RII) are offered 12,75,200 shares while in Winsol Engineers IPO retail investors are offered 12,75,200 shares. Qualified Institutional Buyers (QIB) are offered 7,28,000 shares in Storage Technologies IPO and 5,93,600 shares in Winsol Engineers IPO.

 Storage Technologies IPOWinsol Engineers IPO
Anchor Investor Reservation10,89,600 shares8,83,200 shares
Market Maker Reservation2,00,000 shares1,58,400 shares
QIB7,28,000 shares5,93,600 shares
NII5,47,200 shares4,44,800 shares
RII12,75,200 shares10,35,200 shares
Employee
Others
Total36,40,000 shares29,56,800 shares

Bids Received (Subscription)

Storage Technologies IPO subscribed 278.82x in total, whereas Winsol Engineers IPO subscribed 682.14x.

 Storage Technologies IPOWinsol Engineers IPO
QIB (times)117.86x207.23x
NII (times)577.02x1,087.81x
Big NII (times)
Small NII (times)
RII (times)242.74x780.15x
Employee (times)
Other (times)
Total (times)278.82x682.14x

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