Comparison between Prudent Corporate Advisory IPO and Syrma SGS Technology IPO.
Prudent Corporate Advisory 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 Prudent Corporate Advisory IPO is up to ₹428.28 Cr whereas the issue size of the Syrma SGS Technology IPO is up to ₹840.13 Cr. The final issue price of Prudent Corporate Advisory IPO is ₹630.00 per share and of Syrma SGS Technology IPO is ₹220.00 per share.
| Prudent Corporate Advisory IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹595.00 per share | ₹209.00 per share |
| Issue Price (Upper) | ₹630.00 per share | ₹220.00 per share |
| Issue Price (Final) | ₹630.00 per share | ₹220.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | |
| Market Lot Size | 23 shares | 68 shares |
| Fresh Issue Size | 0 shares | 3,48,18,181 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹766.00 Cr |
| OFS Issue Size | 68,08,820 shares | 33,69,360 shares |
| OFS Issue Size (Amount) | up to ₹428.28 Cr | up to ₹74.13 Cr |
| Issue Size Total | 68,08,820 shares | 3,81,87,541 shares |
| Issue Size Total (Amount) | up to ₹428.28 Cr | up to ₹840.13 Cr |
Prudent Corporate Advisory IPO opens on May 10, 2022, while Syrma SGS Technology IPO opens on Aug 12, 2022. The closing date of Prudent Corporate Advisory IPO and Syrma SGS Technology IPO is May 12, 2022, and Aug 18, 2022, respectively.
| Prudent Corporate Advisory IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2022 | Aug 11, 2022 |
| Issue Open | May 10, 2022 | Aug 12, 2022 |
| Issue Close | May 12, 2022 | Aug 18, 2022 |
| Basis Of Allotment (Tentative) | May 18, 2022 | Aug 23, 2022 |
| Initiation of Refunds (Tentative) | May 19, 2022 | Aug 24, 2022 |
| Credit of Share (Tentative) | May 20, 2022 | Aug 25, 2022 |
| Listing date (Tentative) | May 20, 2022 | Aug 26, 2022 |
| Anchor Lockin End date 1 | Jun 17, 2022 | Sep 22, 2022 |
| Anchor Lockin End date 2 | Aug 16, 2022 | Nov 21, 2022 |
Prudent Corporate Advisory IPO P/E ratio is 33.94, as compared to Syrma SGS Technology IPO P/E ratio of 50.69.
| Prudent Corporate Advisory IPO | Syrma SGS Technology IPO | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials (Restated)
| ||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.78 | |||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.78 | |||||||||||||||||||||||
| P/E Ratio | 33.94 | 50.69 | ||||||||||||||||||||||
| Market Cap | ₹2608.62 Cr. | ₹3877.04 Cr. | ||||||||||||||||||||||
| ROE | 7.83 | |||||||||||||||||||||||
| ROCE | 28.73 | 18.39 | ||||||||||||||||||||||
| Debt/Equity | 0.24 | |||||||||||||||||||||||
| EPS | ₹10.96 | ₹2.69 | ||||||||||||||||||||||
| RoNW | 28.73 | 7.83 | ||||||||||||||||||||||
In the Prudent Corporate Advisory IPO Retail Individual Investors (RII) are offered 29,52,427 shares while in Syrma SGS Technology IPO retail investors are offered 29,52,427 shares. Qualified Institutional Buyers (QIB) are offered 16,87,101 shares in Prudent Corporate Advisory IPO and 76,37,508 shares in Syrma SGS Technology IPO.
| Prudent Corporate Advisory IPO | Syrma SGS Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,30,651 shares | 1,14,56,261 shares |
| Market Maker Reservation | ||
| QIB | 16,87,101 shares | 76,37,508 shares |
| NII | 12,65,326 shares | 57,28,132 shares |
| RII | 29,52,427 shares | 1,33,65,640 shares |
| Employee | 1,13,835 shares | |
| Others | ||
| Total | 85,49,340 shares | 3,81,87,541 shares |
Prudent Corporate Advisory IPO subscribed 1.22x in total, whereas Syrma SGS Technology IPO subscribed 32.61x.
| Prudent Corporate Advisory IPO | Syrma SGS Technology IPO | |
|---|---|---|
| QIB (times) | 1.26x | 87.56x |
| NII (times) | 0.99x | 17.50x |
| Big NII (times) | 19.01x | |
| Small NII (times) | 14.47x | |
| RII (times) | 1.29x | 5.53x |
| Employee (times) | 1.23x | |
| Other (times) | ||
| Total (times) | 1.22x | 32.61x |
