Comparison between Northern Arc Capital IPO and Tolins Tyres IPO.
Northern Arc Capital 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.
The total issue size of Northern Arc Capital IPO is up to ₹777.00 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Northern Arc Capital IPO is ₹263.00 per share and of Tolins Tyres IPO is ₹226.00 per share.
| Northern Arc Capital IPO | Tolins Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹249.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹263.00 per share | ₹226.00 per share |
| Issue Price (Final) | ₹263.00 per share | ₹226.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹24.00 per share | |
| Market Lot Size | 57 shares | 66 shares |
| Fresh Issue Size | 1,90,65,326 shares | 88,49,559 shares |
| Fresh Issue Size (Amount) | up to ₹500.50 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 1,05,32,320 shares | 13,27,432 shares |
| OFS Issue Size (Amount) | up to ₹276.50 Cr | up to ₹30.00 Cr |
| Issue Size Total | 2,95,97,646 shares | 1,01,76,991 shares |
| Issue Size Total (Amount) | up to ₹777.00 Cr | up to ₹230.00 Cr |
Northern Arc Capital IPO opens on Sep 16, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Northern Arc Capital IPO and Tolins Tyres IPO is Sep 19, 2024, and Sep 11, 2024, respectively.
| Northern Arc Capital IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Bid Date | Sep 13, 2024 | Sep 06, 2024 |
| Issue Open | Sep 16, 2024 | Sep 09, 2024 |
| Issue Close | Sep 19, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 20, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 23, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 24, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 19, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 18, 2024 | Dec 12, 2024 |
Northern Arc Capital IPO P/E ratio is 11.78, as compared to Tolins Tyres IPO P/E ratio of 26.64.
| Northern Arc Capital IPO | Tolins Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.64 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.53 | |||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.78 | 26.64 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4242.86 Cr. | ₹892.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.87% | |||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.08% | |||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.90 | 0.78 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹22.32 | ₹8.48 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.32% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Northern Arc Capital IPO Retail Individual Investors (RII) are offered 1,01,52,371 shares while in Tolins Tyres IPO retail investors are offered 1,01,52,371 shares. Qualified Institutional Buyers (QIB) are offered 58,01,354 shares in Northern Arc Capital IPO and 20,35,398 shares in Tolins Tyres IPO.
| Northern Arc Capital IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,02,031 shares | 30,53,097 shares |
| Market Maker Reservation | ||
| QIB | 58,01,354 shares | 20,35,398 shares |
| NII | 43,51,016 shares | 15,26,549 shares |
| RII | 1,01,52,371 shares | 35,61,947 shares |
| Employee | 5,90,874 shares | |
| Others | ||
| Total | 2,95,97,646 shares | 1,01,76,991 shares |
Northern Arc Capital IPO subscribed 117.19x in total, whereas Tolins Tyres IPO subscribed 25.03x.
| Northern Arc Capital IPO | Tolins Tyres IPO | |
|---|---|---|
| QIB (times) | 242.73x | 26.72x |
| NII (times) | 147.58x | 28.80x |
| Big NII (times) | 160.48x | 26.39x |
| Small NII (times) | 121.79x | 33.63x |
| RII (times) | 32.01x | 22.45x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 117.19x | 25.03x |
