Comparison between Pentagon Rubber IPO and Tridhya Tech IPO.
Pentagon Rubber IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tridhya Tech IPO is a SME Bookbuilding proposed to list at NSE SME.
| Pentagon Rubber IPO | Tridhya Tech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Interactive Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Sunflower Broking Pvt.Ltd. | Econo Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Pentagon Rubber IPO is up to ₹15.36 Cr whereas the issue size of the Tridhya Tech IPO is up to ₹25.09 Cr. The final issue price of Pentagon Rubber IPO is ₹70.00 per share and of Tridhya Tech IPO is ₹42.00 per share.
| Pentagon Rubber IPO | Tridhya Tech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹65.00 per share | ₹35.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹42.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹42.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 3000 shares |
| Fresh Issue Size | 21,94,000 shares | 59,73,000 shares |
| Fresh Issue Size (Amount) | up to ₹15.36 Cr | up to ₹25.09 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 21,94,000 shares | 59,73,000 shares |
| Issue Size Total (Amount) | up to ₹15.36 Cr | up to ₹25.09 Cr |
Pentagon Rubber IPO opens on Jun 26, 2023, while Tridhya Tech IPO opens on Jun 30, 2023. The closing date of Pentagon Rubber IPO and Tridhya Tech IPO is Jun 30, 2023, and Jul 05, 2023, respectively.
| Pentagon Rubber IPO | Tridhya Tech IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | Jun 27, 2023 |
| Issue Open | Jun 26, 2023 | Jun 30, 2023 |
| Issue Close | Jun 30, 2023 | Jul 05, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | Jul 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | Jul 11, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | Jul 12, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Oct 08, 2023 |
Pentagon Rubber IPO P/E ratio is 18.76, as compared to Tridhya Tech IPO P/E ratio of 26.09.
| Pentagon Rubber IPO | Tridhya Tech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 80.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.04 | 58.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.76 | 26.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹53.97 Cr. | ₹97.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.59 | 20.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.16 | 26.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.17 | 0.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.83 | ₹44.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 55.67 | 22.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pentagon Rubber IPO Retail Individual Investors (RII) are offered 7,70,000 shares while in Tridhya Tech IPO retail investors are offered 7,70,000 shares. Qualified Institutional Buyers (QIB) are offered 4,38,000 shares in Pentagon Rubber IPO and 11,94,000 shares in Tridhya Tech IPO.
| Pentagon Rubber IPO | Tridhya Tech IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,56,000 shares | 17,91,000 shares |
| Market Maker Reservation | 1,16,000 shares | 3,15,000 shares |
| QIB | 4,38,000 shares | 11,94,000 shares |
| NII | 3,30,000 shares | 8,97,000 shares |
| RII | 7,70,000 shares | 20,91,000 shares |
| Employee | ||
| Others | ||
| Total | 21,94,000 shares | 59,73,000 shares |
Pentagon Rubber IPO subscribed 106.20x in total, whereas Tridhya Tech IPO subscribed 72.38x.
| Pentagon Rubber IPO | Tridhya Tech IPO | |
|---|---|---|
| QIB (times) | 27.62x | 15.62x |
| NII (times) | 153.33x | 181.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 130.70x | 67.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 106.20x | 72.38x |
