Comparison between Metro Brands IPO and Tracxn Technologies IPO.
Metro Brands IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Metro Brands IPO is up to ₹1,367.51 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of Metro Brands IPO is ₹500.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.
| Metro Brands IPO | Tracxn Technologies IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹485.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹500.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹500.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 30 shares | 185 shares |
| Fresh Issue Size | 59,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹295.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,14,50,100 shares | 3,86,72,208 shares |
| OFS Issue Size (Amount) | up to ₹1,072.51 Cr | up to ₹309.38 Cr |
| Issue Size Total | 2,73,50,100 shares | 3,86,72,208 shares |
| Issue Size Total (Amount) | up to ₹1,367.51 Cr | up to ₹309.38 Cr |
Metro Brands IPO opens on Dec 10, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of Metro Brands IPO and Tracxn Technologies IPO is Dec 14, 2021, and Oct 12, 2022, respectively.
| Metro Brands IPO | Tracxn Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Dec 09, 2021 | Oct 07, 2022 |
| Issue Open | Dec 10, 2021 | Oct 10, 2022 |
| Issue Close | Dec 14, 2021 | Oct 12, 2022 |
| Basis Of Allotment (Tentative) | Dec 17, 2021 | Oct 17, 2022 |
| Initiation of Refunds (Tentative) | Dec 20, 2021 | Oct 18, 2022 |
| Credit of Share (Tentative) | Dec 21, 2021 | Oct 19, 2022 |
| Listing date (Tentative) | Dec 22, 2021 | Oct 20, 2022 |
| Anchor Lockin End date 1 | Jan 16, 2022 | Nov 16, 2022 |
| Anchor Lockin End date 2 | Mar 17, 2022 | Jan 15, 2023 |
Metro Brands IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.
| Metro Brands IPO | Tracxn Technologies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 84.02 | 50.93 | ||||
| Promoter Shareholding (Post-Issue) | 74.27 | 35.65 | ||||
| P/E Ratio | 240 | |||||
| Market Cap | ₹13575.37 Cr. | ₹802.48 Cr. | ||||
| ROE | -24 | |||||
| ROCE | -28 | |||||
| Debt/Equity | ||||||
| EPS | ₹-0.48 | |||||
| RoNW | -23.49 |
In the Metro Brands IPO Retail Individual Investors (RII) are offered 95,72,535 shares while in Tracxn Technologies IPO retail investors are offered 95,72,535 shares. Qualified Institutional Buyers (QIB) are offered 54,70,020 shares in Metro Brands IPO and 1,16,01,663 shares in Tracxn Technologies IPO.
| Metro Brands IPO | Tracxn Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 82,05,030 shares | 1,74,02,494 shares |
| Market Maker Reservation | ||
| QIB | 54,70,020 shares | 1,16,01,663 shares |
| NII | 41,02,515 shares | 58,00,831 shares |
| RII | 95,72,535 shares | 38,67,220 shares |
| Employee | ||
| Others | ||
| Total | 2,73,50,100 shares | 3,86,72,208 shares |
Metro Brands IPO subscribed 3.64x in total, whereas Tracxn Technologies IPO subscribed 2.01x.
| Metro Brands IPO | Tracxn Technologies IPO | |
|---|---|---|
| QIB (times) | 8.49x | 1.66x |
| NII (times) | 3.02x | 0.80x |
| Big NII (times) | 0.72x | |
| Small NII (times) | 0.94x | |
| RII (times) | 1.13x | 4.87x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.64x | 2.01x |
