Indo Farm Equipment IPO vs Transrail Lighting IPO

Comparison between Indo Farm Equipment IPO and Transrail Lighting IPO.

IPO Details

Indo Farm Equipment IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Transrail Lighting IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indo Farm Equipment IPO is up to ₹260.15 Cr whereas the issue size of the Transrail Lighting IPO is up to ₹838.91 Cr. The final issue price of Indo Farm Equipment IPO is ₹215.00 per share and of Transrail Lighting IPO is ₹432.00 per share.

 Indo Farm Equipment IPOTransrail Lighting IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹204.00 per share₹410.00 per share
Issue Price (Upper)₹215.00 per share₹432.00 per share
Issue Price (Final)₹215.00 per share₹432.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size69 shares34 shares
Fresh Issue Size86,00,000 shares92,59,258 shares
Fresh Issue Size (Amount)up to ₹184.90 Crup to ₹400.00 Cr
OFS Issue Size35,00,000 shares1,01,60,000 shares
OFS Issue Size (Amount)up to ₹75.25 Crup to ₹438.91 Cr
Issue Size Total1,21,00,000 shares1,94,19,258 shares
Issue Size Total (Amount)up to ₹260.15 Crup to ₹838.91 Cr

IPO Timetable

Indo Farm Equipment IPO opens on Dec 31, 2024, while Transrail Lighting IPO opens on Dec 19, 2024. The closing date of Indo Farm Equipment IPO and Transrail Lighting IPO is Jan 02, 2025, and Dec 23, 2024, respectively.

 Indo Farm Equipment IPOTransrail Lighting IPO
Anchor Bid DateDec 30, 2024Dec 18, 2024
Issue OpenDec 31, 2024Dec 19, 2024
Issue CloseJan 02, 2025Dec 23, 2024
Basis Of Allotment (Tentative)Jan 03, 2025Dec 24, 2024
Initiation of Refunds (Tentative)Jan 06, 2025Dec 26, 2024
Credit of Share (Tentative)Jan 06, 2025Dec 26, 2024
Listing date (Tentative)Jan 07, 2025Dec 27, 2024
Anchor Lockin End date 1Feb 02, 2025Jan 23, 2025
Anchor Lockin End date 2Apr 02, 2025Mar 24, 2025

Financials & KPIs

Indo Farm Equipment IPO P/E ratio is 54.39, as compared to Transrail Lighting IPO P/E ratio of 23.15.

 Indo Farm Equipment IPOTransrail Lighting IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets644.27647.95622.84619.83
Total Income75.54375.95371.82352.52
Profit After Tax2.4515.6015.3713.72
NET Worth342.25317.06290.37274.80
Total Borrowing245.36270.54280.65275.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,836.174,620.613,445.492,841.87
Total Income929.704,130.003,172.032,357.20
Profit After Tax51.74233.21107.5764.71
NET Worth1,140.651,075.87709.15599.32
Total Borrowing603.43643.19604.92469.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.4584.51
Promoter Shareholding (Post-Issue)69.4471.11
P/E Ratio54.3923.15
Market Cap₹1033.11 Cr.₹5799.86 Cr.
ROE5.13%24.41%
ROCE8.96%24.33%
Debt/Equity0.850.56
EPS₹3.95₹18.66
RoNW4.92%21.68%

Shares Offered

In the Indo Farm Equipment IPO Retail Individual Investors (RII) are offered 42,35,000 shares while in Transrail Lighting IPO retail investors are offered 42,35,000 shares. Qualified Institutional Buyers (QIB) are offered 24,20,000 shares in Indo Farm Equipment IPO and 37,95,889 shares in Transrail Lighting IPO.

 Indo Farm Equipment IPOTransrail Lighting IPO
Anchor Investor Reservation36,30,000 shares56,93,832 shares
Market Maker Reservation
QIB24,20,000 shares37,95,889 shares
NII18,15,000 shares28,46,917 shares
RII42,35,000 shares66,42,806 shares
Employee4,39,814 shares
Others
Total1,21,00,000 shares1,94,19,258 shares

Bids Received (Subscription)

Indo Farm Equipment IPO subscribed 227.67x in total, whereas Transrail Lighting IPO subscribed 81.98x.

 Indo Farm Equipment IPOTransrail Lighting IPO
QIB (times)242.40x197.41x
NII (times)501.75x78.31x
Big NII (times)548.13x79.80x
Small NII (times)408.98x75.34x
RII (times)101.79x22.62x
Employee (times)4.39x
Other (times)
Total (times)227.67x81.98x

Compare with others

Compare:

Indo Farm Equipment IPO Vs Transrail Lighting IPO