Comparison between Tolins Tyres IPO and Western Carriers IPO.
Tolins Tyres IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Western Carriers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Tolins Tyres IPO is up to ₹230.00 Cr whereas the issue size of the Western Carriers IPO is up to ₹492.88 Cr. The final issue price of Tolins Tyres IPO is ₹226.00 per share and of Western Carriers IPO is ₹172.00 per share.
| Tolins Tyres IPO | Western Carriers IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹5 per share |
| Issue Price (Lower) | ₹215.00 per share | ₹163.00 per share |
| Issue Price (Upper) | ₹226.00 per share | ₹172.00 per share |
| Issue Price (Final) | ₹226.00 per share | ₹172.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 66 shares | 87 shares |
| Fresh Issue Size | 88,49,559 shares | 2,32,55,813 shares |
| Fresh Issue Size (Amount) | up to ₹200.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 13,27,432 shares | 54,00,000 shares |
| OFS Issue Size (Amount) | up to ₹30.00 Cr | up to ₹92.88 Cr |
| Issue Size Total | 1,01,76,991 shares | 2,86,55,813 shares |
| Issue Size Total (Amount) | up to ₹230.00 Cr | up to ₹492.88 Cr |
Tolins Tyres IPO opens on Sep 09, 2024, while Western Carriers IPO opens on Sep 13, 2024. The closing date of Tolins Tyres IPO and Western Carriers IPO is Sep 11, 2024, and Sep 19, 2024, respectively.
| Tolins Tyres IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Sep 12, 2024 |
| Issue Open | Sep 09, 2024 | Sep 13, 2024 |
| Issue Close | Sep 11, 2024 | Sep 19, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 20, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 23, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 23, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Oct 19, 2024 |
| Anchor Lockin End date 2 | Dec 12, 2024 | Dec 18, 2024 |
Tolins Tyres IPO P/E ratio is 26.64, as compared to Western Carriers IPO P/E ratio of 16.85.
| Tolins Tyres IPO | Western Carriers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.64 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.53 | 71.89 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 26.64 | 16.85 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹892.90 Cr. | ₹1753.63 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.87% | 22.41% | ||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.08% | 29.23% | ||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.78 | 0.67 | ||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.48 | ₹10.21 | ||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.87% | 20.17% | ||||||||||||||||||||||||||||||||||||||||||||||||
In the Tolins Tyres IPO Retail Individual Investors (RII) are offered 35,61,947 shares while in Western Carriers IPO retail investors are offered 35,61,947 shares. Qualified Institutional Buyers (QIB) are offered 20,35,398 shares in Tolins Tyres IPO and 57,31,163 shares in Western Carriers IPO.
| Tolins Tyres IPO | Western Carriers IPO | |
|---|---|---|
| Anchor Investor Reservation | 30,53,097 shares | 85,96,743 shares |
| Market Maker Reservation | ||
| QIB | 20,35,398 shares | 57,31,163 shares |
| NII | 15,26,549 shares | 42,98,372 shares |
| RII | 35,61,947 shares | 1,00,29,535 shares |
| Employee | ||
| Others | ||
| Total | 1,01,76,991 shares | 2,86,55,813 shares |
Tolins Tyres IPO subscribed 25.03x in total, whereas Western Carriers IPO subscribed 31.69x.
| Tolins Tyres IPO | Western Carriers IPO | |
|---|---|---|
| QIB (times) | 26.72x | 28.81x |
| NII (times) | 28.80x | 46.68x |
| Big NII (times) | 26.39x | 41.65x |
| Small NII (times) | 33.63x | 56.73x |
| RII (times) | 22.45x | 26.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 25.03x | 31.69x |
