IKIO Lighting IPO vs Udayshivakumar Infra IPO

Comparison between IKIO Lighting IPO and Udayshivakumar Infra IPO.

IPO Details

IKIO Lighting IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

 IKIO Lighting IPOUdayshivakumar Infra IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹270.00 per share₹33.00 per share
Issue Price (Upper)₹285.00 per share₹35.00 per share
Issue Price (Final)₹285.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size52 shares428 shares
Fresh Issue Size1,22,80,701 shares1,88,57,142 shares
Fresh Issue Size (Amount)up to ₹350.00 Crup to ₹66.00 Cr
OFS Issue Size90,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹256.50 Crup to ₹0.00 Cr
Issue Size Total2,12,80,701 shares1,88,57,142 shares
Issue Size Total (Amount)up to ₹606.50 Crup to ₹66.00 Cr

IPO Timetable

IKIO Lighting IPO opens on Jun 06, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of IKIO Lighting IPO and Udayshivakumar Infra IPO is Jun 08, 2023, and Mar 23, 2023, respectively.

 IKIO Lighting IPOUdayshivakumar Infra IPO
Anchor Bid DateJun 05, 2023
Issue OpenJun 06, 2023Mar 20, 2023
Issue CloseJun 08, 2023Mar 23, 2023
Basis Of Allotment (Tentative)Jun 13, 2023Mar 28, 2023
Initiation of Refunds (Tentative)Jun 14, 2023Mar 29, 2023
Credit of Share (Tentative)Jun 15, 2023Mar 31, 2023
Listing date (Tentative)Jun 16, 2023Apr 03, 2023
Anchor Lockin End date 1Jul 13, 2023
Anchor Lockin End date 2Sep 11, 2023

Financials & KPIs

IKIO Lighting IPO P/E ratio is 32.13, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

 IKIO Lighting IPOUdayshivakumar Infra IPO
Financials

Company Financials (Proforma Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets335.50264.87174.45144.83
Total Income332.79334.00214.57221.83
Profit After Tax51.3550.5228.8121.41
NET Worth140.83108.8762.8635.90
Total Borrowing136.33106.5669.3646.86
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets178.90162.61146.82158.26
Total Income107.14186.39211.11194.41
Profit After Tax10.0212.159.3210.49
NET Worth78.3468.3256.1846.87
Reserves and Surplus0.000.000.000.00
Total Borrowing39.4626.4830.6033.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100.00
Promoter Shareholding (Post-Issue)72.4665.9
P/E Ratio32.139.67
Market Cap₹2202.50 Cr.₹193.75 Cr.
ROE36.00%17.78
ROCE26.00%20.71
Debt/Equity1.030.39
EPS₹7.90₹3.33
RoNW36.46%17.78

Shares Offered

In the IKIO Lighting IPO Retail Individual Investors (RII) are offered 74,48,246 shares while in Udayshivakumar Infra IPO retail investors are offered 74,48,246 shares. Qualified Institutional Buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 18,85,713 shares in Udayshivakumar Infra IPO.

 IKIO Lighting IPOUdayshivakumar Infra IPO
Anchor Investor Reservation63,84,209 shares
Market Maker Reservation
QIB42,56,140 shares18,85,713 shares
NII31,92,106 shares56,57,143 shares
RII74,48,246 shares1,13,14,286 shares
Employee
Others
Total2,12,80,701 shares1,88,57,142 shares

Bids Received (Subscription)

IKIO Lighting IPO subscribed 67.75x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

 IKIO Lighting IPOUdayshivakumar Infra IPO
QIB (times)163.06x42.92x
NII (times)65.38x64.08x
Big NII (times)69.01x63.54x
Small NII (times)58.13x65.14x
RII (times)14.31x14.95x
Employee (times)
Other (times)
Total (times)67.75x32.49x

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IKIO Lighting IPO Vs Udayshivakumar Infra IPO