Comparison between Innova Captab IPO and Suraj Estate Developers IPO.
Innova Captab IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.
| Innova Captab IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹426.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹448.00 per share | ₹360.00 per share |
| Issue Price (Final) | ₹448.00 per share | ₹360.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 33 shares | 41 shares |
| Fresh Issue Size | 71,42,857 shares | 1,11,11,111 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 55,80,357 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,27,23,214 shares | 1,11,11,111 shares |
| Issue Size Total (Amount) | up to ₹570.00 Cr | up to ₹400.00 Cr |
Innova Captab IPO opens on Dec 21, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Innova Captab IPO and Suraj Estate Developers IPO is Dec 26, 2023, and Dec 20, 2023, respectively.
| Innova Captab IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 20, 2023 | Dec 15, 2023 |
| Issue Open | Dec 21, 2023 | Dec 18, 2023 |
| Issue Close | Dec 26, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 28, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 29, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2024 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Mar 26, 2024 | Mar 20, 2024 |
Innova Captab IPO P/E ratio is 31.64, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.
| Innova Captab IPO | Suraj Estate Developers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.85 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.64 | 35.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2563.70 Cr. | ₹1597.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.58% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.61% | 21.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | 8.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.16 | ₹10.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.58% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innova Captab IPO Retail Individual Investors (RII) are offered 44,53,125 shares while in Suraj Estate Developers IPO retail investors are offered 44,53,125 shares. Qualified Institutional Buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 22,22,222 shares in Suraj Estate Developers IPO.
| Innova Captab IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Investor Reservation | 38,16,963 shares | 33,33,333 shares |
| Market Maker Reservation | ||
| QIB | 25,44,643 shares | 22,22,222 shares |
| NII | 19,08,483 shares | 16,66,667 shares |
| RII | 44,53,125 shares | 38,88,889 shares |
| Employee | ||
| Others | ||
| Total | 1,27,23,214 shares | 1,11,11,111 shares |
Innova Captab IPO subscribed 55.26x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.
| Innova Captab IPO | Suraj Estate Developers IPO | |
|---|---|---|
| QIB (times) | 116.73x | 25.74x |
| NII (times) | 64.95x | 20.02x |
| Big NII (times) | 71.59x | 18.37x |
| Small NII (times) | 51.65x | 23.31x |
| RII (times) | 17.15x | 9.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.26x | 16.57x |
