Comparison between TBI Corn IPO and United Cotfab IPO.
TBI Corn IPO is a SME Fixed Price IPO proposed to list at NSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.
| TBI Corn IPO | United Cotfab IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Ekadrisht Capital Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of TBI Corn IPO is up to ₹42.68 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of TBI Corn IPO is ₹94.00 per share and of United Cotfab IPO is ₹70.00 per share.
| TBI Corn IPO | United Cotfab IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | |
| Issue Price (Upper) | ₹94.00 per share | |
| Issue Price (Final) | ₹94.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 45,40,800 shares | 49,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹42.68 Cr | up to ₹34.47 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,40,800 shares | 49,24,000 shares |
| Issue Size Total (Amount) | up to ₹42.68 Cr | up to ₹34.47 Cr |
TBI Corn IPO opens on May 31, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of TBI Corn IPO and United Cotfab IPO is Jun 04, 2024, and Jun 19, 2024, respectively.
| TBI Corn IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2024 | |
| Issue Open | May 31, 2024 | Jun 13, 2024 |
| Issue Close | Jun 04, 2024 | Jun 19, 2024 |
| Basis Of Allotment (Tentative) | Jun 05, 2024 | Jun 20, 2024 |
| Initiation of Refunds (Tentative) | Jun 06, 2024 | Jun 21, 2024 |
| Credit of Share (Tentative) | Jun 06, 2024 | Jun 21, 2024 |
| Listing date (Tentative) | Jun 07, 2024 | Jun 24, 2024 |
| Anchor Lockin End date 1 | Jul 05, 2024 | |
| Anchor Lockin End date 2 | Sep 03, 2024 |
TBI Corn IPO P/E ratio is 18.33, as compared to United Cotfab IPO P/E ratio of 9.7.
| TBI Corn IPO | United Cotfab IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | TBI Corn Limited Financial Information (Restated)TBI Corn Limited's revenue increased by 39.07% and profit after tax (PAT) rose by 1419.24% between the financial year ending with March 31, 2023 and March 31, 2022.
| United Cotfab Limited Financial Information (Restated)United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 76.65 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.71 | 69.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.33 | 9.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹170.69 Cr. | ₹120.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.84% | 72.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.65% | 26.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 3.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.13 | ₹7.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.84% | 63.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the TBI Corn IPO Retail Individual Investors (RII) are offered 15,92,400 shares while in United Cotfab IPO retail investors are offered 15,92,400 shares. Qualified Institutional Buyers (QIB) are offered 9,07,200 shares in TBI Corn IPO and in United Cotfab IPO.
| TBI Corn IPO | United Cotfab IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,58,400 shares | |
| Market Maker Reserveration | 2,40,000 shares | 2,60,000 shares |
| QIB | 9,07,200 shares | |
| NII | 6,82,800 shares | 24,62,000 shares |
| RII | 15,92,400 shares | 24,62,000 shares |
| Employee | ||
| Others | ||
| Total | 45,40,800 shares | 49,24,000 shares |
TBI Corn IPO subscribed 231.21x in total, whereas United Cotfab IPO subscribed 107.16x.
| TBI Corn IPO | United Cotfab IPO | |
|---|---|---|
| QIB (times) | 81.41x | |
| NII (times) | 516.50x | 114.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 523.29x | 77.22x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 231.21x | 107.16x |
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