ECOS Mobility IPO vs Tolins Tyres IPO

Comparison between ECOS Mobility IPO and Tolins Tyres IPO.

IPO Details

ECOS Mobility IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ECOS Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of ECOS Mobility IPO is ₹334.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

 ECOS Mobility IPOTolins Tyres IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹318.00 per share₹215.00 per share
Issue Price (Upper)₹334.00 per share₹226.00 per share
Issue Price (Final)₹334.00 per share₹226.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size44 shares66 shares
Fresh Issue Size0 shares88,49,559 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹200.00 Cr
OFS Issue Size1,80,00,000 shares13,27,432 shares
OFS Issue Size (Amount)up to ₹601.20 Crup to ₹30.00 Cr
Issue Size Total1,80,00,000 shares1,01,76,991 shares
Issue Size Total (Amount)up to ₹601.20 Crup to ₹230.00 Cr

IPO Timetable

ECOS Mobility IPO opens on Aug 28, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of ECOS Mobility IPO and Tolins Tyres IPO is Aug 30, 2024, and Sep 11, 2024, respectively.

 ECOS Mobility IPOTolins Tyres IPO
Anchor Bid DateAug 27, 2024Sep 06, 2024
Issue OpenAug 28, 2024Sep 09, 2024
Issue CloseAug 30, 2024Sep 11, 2024
Basis Of Allotment (Tentative)Sep 02, 2024Sep 12, 2024
Initiation of Refunds (Tentative)Sep 03, 2024Sep 13, 2024
Credit of Share (Tentative)Sep 03, 2024Sep 13, 2024
Listing date (Tentative)Sep 04, 2024Sep 16, 2024
Anchor Lockin End date 1Oct 01, 2024Oct 12, 2024
Anchor Lockin End date 2Nov 30, 2024Dec 12, 2024

Financials & KPIs

ECOS Mobility IPO P/E ratio is 32.05, as compared to Tolins Tyres IPO P/E ratio of 26.64.

 ECOS Mobility IPOTolins Tyres IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets296.66229.71112.38
Total Income568.21425.43151.55
Profit After Tax62.5343.599.87
NET Worth177.41115.1371.56
Reserves and Surplus165.41115.0771.50
Total Borrowing21.7232.953.34
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 2024
Assets221.60
Total Income228.69
Profit After Tax26.01
NET Worth100.53
Reserves and Surplus85.07
Total Borrowing78.77
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.7592.64
Promoter Shareholding (Post-Issue)67.7568.53
P/E Ratio32.0526.64
Market Cap₹2004.00 Cr.₹892.90 Cr.
ROE42.75%25.87%
ROCE42.88%36.08%
Debt/Equity0.120.78
EPS₹10.42₹8.48
RoNW42.75%25.87%

Shares Offered

In the ECOS Mobility IPO Retail Individual Investors (RII) are offered 63,00,000 shares while in Tolins Tyres IPO retail investors are offered 63,00,000 shares. Qualified Institutional Buyers (QIB) are offered 36,00,000 shares in ECOS Mobility IPO and 20,35,398 shares in Tolins Tyres IPO.

 ECOS Mobility IPOTolins Tyres IPO
Anchor Investor Reservation54,00,000 shares30,53,097 shares
Market Maker Reservation
QIB36,00,000 shares20,35,398 shares
NII27,00,000 shares15,26,549 shares
RII63,00,000 shares35,61,947 shares
Employee
Others
Total1,80,00,000 shares1,01,76,991 shares

Bids Received (Subscription)

ECOS Mobility IPO subscribed 64.18x in total, whereas Tolins Tyres IPO subscribed 25.03x.

 ECOS Mobility IPOTolins Tyres IPO
QIB (times)136.85x26.72x
NII (times)71.17x28.80x
Big NII (times)74.66x26.39x
Small NII (times)64.19x33.63x
RII (times)19.66x22.45x
Employee (times)
Other (times)
Total (times)64.18x25.03x

Compare with others

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ECOS Mobility IPO Vs Tolins Tyres IPO