Comparison between Aether Industries IPO and Syrma SGS Technology IPO.
Aether Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Syrma SGS Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aether Industries IPO is up to ₹808.04 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of Aether Industries IPO is ₹642.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| Aether Industries IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹610.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹642.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹642.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 23 shares | 68 shares |
| Fresh Issue Size | 97,66,355 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹627.00 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 28,20,000 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹181.04 Cr | up to ₹74.13 Cr |
| Issue Size Total | 1,25,86,355 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹808.04 Cr | up to ₹840.13 Cr |
Aether Industries IPO opens on May 24, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of Aether Industries IPO and Syrma SGS Technology IPO is May 26, 2022, and Aug 18, 2022, respectively.
| Aether Industries IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | May 23, 2022 | Aug 11, 2022 |
| Issue Open | May 24, 2022 | Aug 12, 2022 |
| Issue Close | May 26, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | May 31, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | Jun 01, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | Jun 02, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | Jun 03, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Jun 30, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Aug 29, 2022 | Nov 21, 2022 |
Aether Industries IPO P/E ratio is 72.3, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| Aether Industries IPO | Syrma SGS Technology IPO | ||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.96 | ||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 87.09 | ||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 72.3 | 50.69 | |||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7991.79 Cr. | ₹3877.04 Cr. | |||||||||||||||||||||||||||||||||||||||||||||
| ROE | 40.79 | 7.83 | |||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.5 | 18.39 | |||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.19 | 0.24 | |||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.36 | ₹2.69 | |||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.79 | 7.83 | |||||||||||||||||||||||||||||||||||||||||||||
In the Aether Industries IPO Retail Individual Investors (RII) are offered 43,66,245 shares while in Syrma SGS Technology IPO retail investors are offered 43,66,245 shares. Qualified Institutional Buyers (QIB) are offered 24,94,997 shares in Aether Industries IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| Aether Industries IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,42,495 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 24,94,997 shares | 76,37,508 shares |
| NII | 18,71,248 shares | 57,28,132 shares |
| RII | 43,66,245 shares | 1,33,65,640 shares |
| Employee | 1,11,370 shares | |
| Others | ||
| Total | 1,25,86,355 shares | 3,81,87,541 shares |
Aether Industries IPO subscribed 6.26x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| Aether Industries IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 17.57x | 87.56x |
| NII (times) | 2.52x | 17.50x |
| Big NII (times) | 19.01x | |
| Small NII (times) | 14.47x | |
| RII (times) | 1.14x | 5.53x |
| Employee (times) | 1.06x | |
| Other (times) | ||
| Total (times) | 6.26x | 32.61x |
