Comparison between Esprit Stones IPO and Trom Industries IPO.
Esprit Stones IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trom Industries IPO is a SME Bookbuilding proposed to list at NSE SME.
| Esprit Stones IPO | Trom Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Srujan Alpha Capital Advisors LLP Choice Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Choice Equity Broking Pvt.Ltd. | Sunflower 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 Esprit Stones IPO is up to ₹47.82 Cr whereas the issue size of the Trom Industries IPO is up to ₹29.79 Cr. The final issue price of Esprit Stones IPO is ₹87.00 per share and of Trom Industries IPO is ₹115.00 per share.
| Esprit Stones IPO | Trom Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹87.00 per share | ₹115.00 per share |
| Issue Price (Final) | ₹87.00 per share | ₹115.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 55,04,000 shares | 25,90,800 shares |
| Fresh Issue Size (Amount) | up to ₹47.82 Cr | up to ₹29.79 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 | 55,04,000 shares | 25,90,800 shares |
| Issue Size Total (Amount) | up to ₹47.82 Cr | up to ₹29.79 Cr |
Esprit Stones IPO opens on Jul 26, 2024, while Trom Industries IPO opens on Jul 25, 2024. The closing date of Esprit Stones IPO and Trom Industries IPO is Jul 30, 2024, and Jul 29, 2024, respectively.
| Esprit Stones IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 25, 2024 | Jul 24, 2024 |
| Issue Open | Jul 26, 2024 | Jul 25, 2024 |
| Issue Close | Jul 30, 2024 | Jul 29, 2024 |
| Basis Of Allotment (Tentative) | Jul 31, 2024 | Jul 30, 2024 |
| Initiation of Refunds (Tentative) | Aug 01, 2024 | Jul 31, 2024 |
| Credit of Share (Tentative) | Aug 01, 2024 | Jul 31, 2024 |
| Listing date (Tentative) | Aug 02, 2024 | Aug 01, 2024 |
| Anchor Lockin End date 1 | Aug 30, 2024 | Aug 29, 2024 |
| Anchor Lockin End date 2 | Oct 29, 2024 | Oct 28, 2024 |
Esprit Stones IPO P/E ratio is 13.62, as compared to Trom Industries IPO P/E ratio of 12.98.
| Esprit Stones IPO | Trom Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 98.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.59 | 69.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.62 | 12.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹190.92 Cr. | ₹105.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 77.82% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.39% | 47.11% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.72 | 0.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.39 | ₹8.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.09% | 77.82% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Esprit Stones IPO Retail Individual Investors (RII) are offered 18,81,600 shares while in Trom Industries IPO retail investors are offered 18,81,600 shares. Qualified Institutional Buyers (QIB) are offered 10,75,200 shares in Esprit Stones IPO and 5,18,400 shares in Trom Industries IPO.
| Esprit Stones IPO | Trom Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,12,800 shares | 7,76,400 shares |
| Market Maker Reservation | 2,91,200 shares | 1,36,800 shares |
| QIB | 10,75,200 shares | 5,18,400 shares |
| NII | 8,06,400 shares | 3,88,800 shares |
| RII | 18,81,600 shares | 9,07,200 shares |
| Employee | 1,28,000 shares | |
| Others | ||
| Total | 55,04,000 shares | 25,90,800 shares |
Esprit Stones IPO subscribed 185.82x in total, whereas Trom Industries IPO subscribed 459.00x.
| Esprit Stones IPO | Trom Industries IPO | |
|---|---|---|
| QIB (times) | 117.63x | 197.07x |
| NII (times) | 399.58x | 751.90x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 145.75x | 483.14x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 185.82x | 459.00x |
