Comparison between IKIO Lighting IPO and Tata Technologies IPO.
IKIO Lighting IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tata Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Tata Technologies IPO is up to ₹3,042.51 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Tata Technologies IPO is ₹500.00 per share.
| IKIO Lighting IPO | Tata Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹270.00 per share | ₹475.00 per share |
| Issue Price (Upper) | ₹285.00 per share | ₹500.00 per share |
| Issue Price (Final) | ₹285.00 per share | ₹500.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 52 shares | 30 shares |
| Fresh Issue Size | 1,22,80,701 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹350.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 90,00,000 shares | 6,08,50,278 shares |
| OFS Issue Size (Amount) | up to ₹256.50 Cr | up to ₹3,042.51 Cr |
| Issue Size Total | 2,12,80,701 shares | 6,08,50,278 shares |
| Issue Size Total (Amount) | up to ₹606.50 Cr | up to ₹3,042.51 Cr |
IKIO Lighting IPO opens on Jun 06, 2023, while Tata Technologies IPO opens on Nov 22, 2023. The closing date of IKIO Lighting IPO and Tata Technologies IPO is Jun 08, 2023, and Nov 24, 2023, respectively.
| IKIO Lighting IPO | Tata Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Jun 05, 2023 | Nov 21, 2023 |
| Issue Open | Jun 06, 2023 | Nov 22, 2023 |
| Issue Close | Jun 08, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Jun 13, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Jun 14, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Jun 15, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Jun 16, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Jul 13, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Sep 11, 2023 | Feb 26, 2024 |
IKIO Lighting IPO P/E ratio is 32.13, as compared to Tata Technologies IPO P/E ratio of 32.53.
| IKIO Lighting IPO | Tata Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Proforma Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 66.79 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.46 | 55.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.13 | 32.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2202.50 Cr. | ₹20283.43 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.90 | ₹15.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.46% | 20.87% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IKIO Lighting IPO Retail Individual Investors (RII) are offered 74,48,246 shares while in Tata Technologies IPO retail investors are offered 74,48,246 shares. Qualified Institutional Buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 1,05,47,382 shares in Tata Technologies IPO.
| IKIO Lighting IPO | Tata Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 63,84,209 shares | 1,58,21,071 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 42,56,140 shares | 1,05,47,382 shares |
| NII | 31,92,106 shares | 79,10,537 shares |
| RII | 74,48,246 shares | 1,84,57,919 shares |
| Employee | 20,28,342 shares | |
| Others | ||
| Total | 2,12,80,701 shares | 6,08,50,278 shares |
IKIO Lighting IPO subscribed 67.75x in total, whereas Tata Technologies IPO subscribed 69.43x.
| IKIO Lighting IPO | Tata Technologies IPO | |
|---|---|---|
| QIB (times) | 163.06x | 203.41x |
| NII (times) | 65.38x | 62.11x |
| Big NII (times) | 69.01x | 70.67x |
| Small NII (times) | 58.13x | 44.98x |
| RII (times) | 14.31x | 16.50x |
| Employee (times) | 3.70x | |
| Other (times) | 29.20x | |
| Total (times) | 67.75x | 69.43x |
