Comparison between Tamilnad Mercantile Bank IPO and Uniparts India IPO.
Tamilnad Mercantile Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Uniparts India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Tamilnad Mercantile Bank IPO is up to ₹807.84 Cr whereas the issue size of the Uniparts India IPO is up to ₹835.61 Cr. The final issue price of Tamilnad Mercantile Bank IPO is ₹510.00 per share and of Uniparts India IPO is ₹577.00 per share.
| Tamilnad Mercantile Bank IPO | Uniparts India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹500.00 per share | ₹548.00 per share |
| Issue Price (Upper) | ₹525.00 per share | ₹577.00 per share |
| Issue Price (Final) | ₹510.00 per share | ₹577.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 28 shares | 25 shares |
| Fresh Issue Size | 1,58,40,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹807.84 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 1,44,81,942 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹835.61 Cr |
| Issue Size Total | 1,58,40,000 shares | 1,44,81,942 shares |
| Issue Size Total (Amount) | up to ₹807.84 Cr | up to ₹835.61 Cr |
Tamilnad Mercantile Bank IPO opens on Sep 05, 2022, while Uniparts India IPO opens on Nov 30, 2022. The closing date of Tamilnad Mercantile Bank IPO and Uniparts India IPO is Sep 07, 2022, and Dec 02, 2022, respectively.
| Tamilnad Mercantile Bank IPO | Uniparts India IPO | |
|---|---|---|
| Anchor Bid Date | Sep 02, 2022 | Nov 29, 2022 |
| Issue Open | Sep 05, 2022 | Nov 30, 2022 |
| Issue Close | Sep 07, 2022 | Dec 02, 2022 |
| Basis Of Allotment (Tentative) | Sep 12, 2022 | Dec 07, 2022 |
| Initiation of Refunds (Tentative) | Sep 13, 2022 | Dec 08, 2022 |
| Credit of Share (Tentative) | Sep 14, 2022 | Dec 09, 2022 |
| Listing date (Tentative) | Sep 15, 2022 | Dec 12, 2022 |
| Anchor Lockin End date 1 | Oct 12, 2022 | Jan 06, 2023 |
| Anchor Lockin End date 2 | Dec 11, 2022 | Mar 07, 2023 |
Tamilnad Mercantile Bank IPO P/E ratio is 9.22, as compared to Uniparts India IPO P/E ratio of 12.89.
| Tamilnad Mercantile Bank IPO | Uniparts India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 75.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.22 | 12.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8313.45 Cr. | ₹2604.22 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.58 | 26.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹57.67 | ₹37.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.4 | 24.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Tamilnad Mercantile Bank IPO Retail Individual Investors (RII) are offered 15,84,000 shares while in Uniparts India IPO retail investors are offered 15,84,000 shares. Qualified Institutional Buyers (QIB) are offered 47,52,000 shares in Tamilnad Mercantile Bank IPO and 28,96,388 shares in Uniparts India IPO.
| Tamilnad Mercantile Bank IPO | Uniparts India IPO | |
|---|---|---|
| Anchor Investor Reservation | 71,28,000 shares | 43,44,582 shares |
| Market Maker Reservation | ||
| QIB | 47,52,000 shares | 28,96,388 shares |
| NII | 23,76,000 shares | 21,72,292 shares |
| RII | 15,84,000 shares | 50,68,680 shares |
| Employee | ||
| Others | ||
| Total | 1,58,40,000 shares | 1,44,81,942 shares |
Tamilnad Mercantile Bank IPO subscribed 2.86x in total, whereas Uniparts India IPO subscribed 25.32x.
| Tamilnad Mercantile Bank IPO | Uniparts India IPO | |
|---|---|---|
| QIB (times) | 1.62x | 67.14x |
| NII (times) | 2.94x | 17.86x |
| Big NII (times) | 3.10x | 19.46x |
| Small NII (times) | 2.63x | 14.66x |
| RII (times) | 6.48x | 4.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.86x | 25.32x |
