Comparison between Indian Emulsifiers IPO and TGIF Agribusiness IPO.
Indian Emulsifiers IPO is a SME Fixed Price IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
| Indian Emulsifiers IPO | TGIF Agribusiness 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. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Hem Finlease 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 Indian Emulsifiers IPO is up to ₹40.26 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Indian Emulsifiers IPO is ₹132.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
| Indian Emulsifiers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹125.00 per share | |
| Issue Price (Upper) | ₹132.00 per share | |
| Issue Price (Final) | ₹132.00 per share | ₹93.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 30,50,000 shares | 6,52,800 shares |
| Fresh Issue Size (Amount) | up to ₹40.26 Cr | up to ₹6.07 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 | 30,50,000 shares | 6,52,800 shares |
| Issue Size Total (Amount) | up to ₹40.26 Cr | up to ₹6.07 Cr |
Indian Emulsifiers IPO opens on May 13, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Indian Emulsifiers IPO and TGIF Agribusiness IPO is May 16, 2024, and May 10, 2024, respectively.
| Indian Emulsifiers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Bid Date | May 10, 2024 | |
| Issue Open | May 13, 2024 | May 08, 2024 |
| Issue Close | May 16, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 17, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 21, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 21, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 22, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 16, 2024 | |
| Anchor Lockin End date 2 | Aug 15, 2024 |
Indian Emulsifiers IPO P/E ratio is 30.54, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
| Indian Emulsifiers IPO | TGIF Agribusiness IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Indian Emulsifier Limited Financial Information (Restated Standalone)Indian Emulsifier Limited's revenue increased by 132.9% and profit after tax (PAT) rose by 8935.73% between the financial year ending with March 31, 2023 and March 31, 2022.
| TGIF Agribusiness Limited Financial Information (Restated)TGIF Agribusiness Limited's revenue increased by 12.14% and profit after tax (PAT) rose by 12.63% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 65.25 | 99.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 48.11 | 73.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.54 | 13.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹161.33 Cr. | ₹24.06 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.61% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.32 | ₹6.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.60% | 42.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indian Emulsifiers IPO Retail Individual Investors (RII) are offered 10,70,000 shares while in TGIF Agribusiness IPO retail investors are offered 10,70,000 shares. Qualified Institutional Buyers (QIB) are offered 6,10,000 shares in Indian Emulsifiers IPO and in TGIF Agribusiness IPO.
| Indian Emulsifiers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| Anchor Investor Reserveration | 9,10,000 shares | |
| Market Maker Reserveration | 1,61,000 shares | 34,800 shares |
| QIB | 6,10,000 shares | |
| NII | 4,60,000 shares | 3,26,400 shares |
| RII | 10,70,000 shares | 3,26,400 shares |
| Employee | ||
| Others | ||
| Total | 30,50,000 shares | 6,52,800 shares |
Indian Emulsifiers IPO subscribed 460.07x in total, whereas TGIF Agribusiness IPO subscribed 37.13x.
| Indian Emulsifiers IPO | TGIF Agribusiness IPO | |
|---|---|---|
| QIB (times) | 175.95x | |
| NII (times) | 779.63x | 35.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 484.66x | 32.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 460.07x | 37.13x |
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