Star Health IPO vs Tega Industries IPO

Comparison between Star Health IPO and Tega Industries IPO.

IPO Details

Star Health IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tega Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Star Health IPO is up to ₹6,018.68 Cr whereas the issue size of the Tega Industries IPO is up to ₹619.23 Cr. The final issue price of Star Health IPO is ₹900.00 per share and of Tega Industries IPO is ₹453.00 per share.

 Star Health IPOTega Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹870.00 per share₹443.00 per share
Issue Price (Upper)₹900.00 per share₹453.00 per share
Issue Price (Final)₹900.00 per share₹453.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹80.00 per share
Market Lot Size16 shares33 shares
Fresh Issue Size2,22,32,230 shares0 shares
Fresh Issue Size (Amount)up to ₹2,000.66 Crup to ₹0.00 Cr
OFS Issue Size4,46,50,231 shares1,36,69,478 shares
OFS Issue Size (Amount)up to ₹4,018.03 Crup to ₹619.23 Cr
Issue Size Total6,68,82,461 shares1,36,69,478 shares
Issue Size Total (Amount)up to ₹6,018.68 Crup to ₹619.23 Cr

IPO Timetable

Star Health IPO opens on Nov 30, 2021, while Tega Industries IPO opens on Dec 01, 2021. The closing date of Star Health IPO and Tega Industries IPO is Dec 02, 2021, and Dec 03, 2021, respectively.

 Star Health IPOTega Industries IPO
Anchor Bid DateNov 29, 2021Nov 30, 2021
Issue OpenNov 30, 2021Dec 01, 2021
Issue CloseDec 02, 2021Dec 03, 2021
Basis Of Allotment (Tentative)Dec 07, 2021Dec 08, 2021
Initiation of Refunds (Tentative)Dec 08, 2021Dec 09, 2021
Credit of Share (Tentative)Dec 09, 2021Dec 10, 2021
Listing date (Tentative)Dec 10, 2021Dec 13, 2021
Anchor Lockin End date 1Jan 06, 2022Jan 07, 2022
Anchor Lockin End date 2Mar 07, 2022Mar 08, 2022

Financials & KPIs

Star Health IPO P/E ratio is , as compared to Tega Industries IPO P/E ratio of .

 Star Health IPOTega Industries IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)66.2285.17
Promoter Shareholding (Post-Issue)58.4279.17
P/E Ratio
Market Cap₹51797.00 Cr.₹3003.08 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Star Health IPO Retail Individual Investors (RII) are offered 85,06,656 shares while in Tega Industries IPO retail investors are offered 85,06,656 shares. Qualified Institutional Buyers (QIB) are offered 2,44,93,456 shares in Star Health IPO and 27,33,896 shares in Tega Industries IPO.

 Star Health IPOTega Industries IPO
Anchor Investor Reservation3,57,45,901 shares41,00,842 shares
Market Maker Reservation
QIB2,44,93,456 shares27,33,896 shares
NII22,67,392 shares20,50,422 shares
RII85,06,656 shares47,84,318 shares
Employee1,12,592 shares
Others
Total7,11,25,997 shares1,36,69,478 shares

Bids Received (Subscription)

Star Health IPO subscribed 0.79x in total, whereas Tega Industries IPO subscribed 219.04x.

 Star Health IPOTega Industries IPO
QIB (times)1.03x215.45x
NII (times)0.19x666.19x
Big NII (times)
Small NII (times)
RII (times)1.10x29.44x
Employee (times)0.10x
Other (times)
Total (times)0.79x219.04x

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Star Health IPO Vs Tega Industries IPO