Comparison between TCNS Clothing IPO and Varroc Engineering IPO.
TCNS Clothing IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varroc Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of TCNS Clothing IPO is up to ₹1,125.13 Cr whereas the issue size of the Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of TCNS Clothing IPO is ₹716.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| TCNS Clothing IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹714.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹716.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹716.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 20 shares | 15 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,57,14,038 shares | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹1,125.13 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 1,57,14,038 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹1,125.13 Cr | up to ₹1,955.18 Cr |
TCNS Clothing IPO opens on Jul 18, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of TCNS Clothing IPO and Varroc Engineering IPO is Jul 20, 2018, and Jun 28, 2018, respectively.
| TCNS Clothing IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Jul 17, 2018 | Jun 25, 2018 |
| Issue Open | Jul 18, 2018 | Jun 26, 2018 |
| Issue Close | Jul 20, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | Jul 25, 2018 | Jul 03, 2018 |
| Initiation of Refunds (Tentative) | Jul 26, 2018 | Jul 04, 2018 |
| Credit of Share (Tentative) | Jul 27, 2018 | Jul 05, 2018 |
| Listing date (Tentative) | Jul 30, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Aug 24, 2018 | Aug 02, 2018 |
| Anchor Lockin End date 2 | Oct 23, 2018 | Oct 01, 2018 |
TCNS Clothing IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| TCNS Clothing IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹4390.38 Cr. | ₹13036.27 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the TCNS Clothing IPO Retail Individual Investors (RII) are offered 54,99,914 shares while in Varroc Engineering IPO retail investors are offered 54,99,914 shares. Qualified Institutional Buyers (QIB) are offered 31,42,808 shares in TCNS Clothing IPO and 40,24,346 shares in Varroc Engineering IPO.
| TCNS Clothing IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 47,14,210 shares | 60,36,518 shares |
| Market Maker Reservation | ||
| QIB | 31,42,808 shares | 40,24,346 shares |
| NII | 23,57,106 shares | 30,18,260 shares |
| RII | 54,99,914 shares | 70,42,606 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 1,57,14,038 shares | 2,02,21,730 shares |
TCNS Clothing IPO subscribed 5.22x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| TCNS Clothing IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 13.47x | 9.15x |
| NII (times) | 5.08x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.57x | 0.84x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 5.22x | 3.54x |
