Tata Technologies IPO vs Udayshivakumar Infra IPO

Comparison between Tata Technologies IPO and Udayshivakumar Infra IPO.

IPO Details

Tata Technologies 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 Tata Technologies IPO is up to ₹3,042.51 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of Tata Technologies IPO is ₹500.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

 Tata Technologies IPOUdayshivakumar Infra IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹475.00 per share₹33.00 per share
Issue Price (Upper)₹500.00 per share₹35.00 per share
Issue Price (Final)₹500.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size30 shares428 shares
Fresh Issue Size0 shares1,88,57,142 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹66.00 Cr
OFS Issue Size6,08,50,278 shares0 shares
OFS Issue Size (Amount)up to ₹3,042.51 Crup to ₹0.00 Cr
Issue Size Total6,08,50,278 shares1,88,57,142 shares
Issue Size Total (Amount)up to ₹3,042.51 Crup to ₹66.00 Cr

IPO Timetable

Tata Technologies IPO opens on Nov 22, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of Tata Technologies IPO and Udayshivakumar Infra IPO is Nov 24, 2023, and Mar 23, 2023, respectively.

 Tata Technologies IPOUdayshivakumar Infra IPO
Anchor Bid DateNov 21, 2023
Issue OpenNov 22, 2023Mar 20, 2023
Issue CloseNov 24, 2023Mar 23, 2023
Basis Of Allotment (Tentative)Nov 28, 2023Mar 28, 2023
Initiation of Refunds (Tentative)Nov 29, 2023Mar 29, 2023
Credit of Share (Tentative)Nov 29, 2023Mar 31, 2023
Listing date (Tentative)Nov 30, 2023Apr 03, 2023
Anchor Lockin End date 1Dec 28, 2023
Anchor Lockin End date 2Feb 26, 2024

Financials & KPIs

Tata Technologies IPO P/E ratio is 32.53, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

 Tata Technologies IPOUdayshivakumar Infra IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,142.425,201.494,218.003,572.74
Total Income2,587.424,501.933,578.382,425.74
Profit After Tax351.90624.04436.99239.17
NET Worth2,853.132,989.472,280.162,142.15
Reserves and Surplus2,455.292,605.602,028.931,897.46
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)66.79100.00
Promoter Shareholding (Post-Issue)55.3965.9
P/E Ratio32.539.67
Market Cap₹20283.43 Cr.₹193.75 Cr.
ROE17.78
ROCE20.71
Debt/Equity0.39
EPS₹15.37₹3.33
RoNW20.87%17.78

Shares Offered

In the Tata Technologies IPO Retail Individual Investors (RII) are offered 1,84,57,919 shares while in Udayshivakumar Infra IPO retail investors are offered 1,84,57,919 shares. Qualified Institutional Buyers (QIB) are offered 1,05,47,382 shares in Tata Technologies IPO and 18,85,713 shares in Udayshivakumar Infra IPO.

 Tata Technologies IPOUdayshivakumar Infra IPO
Anchor Investor Reservation1,58,21,071 shares
Market Maker Reservation0 shares
QIB1,05,47,382 shares18,85,713 shares
NII79,10,537 shares56,57,143 shares
RII1,84,57,919 shares1,13,14,286 shares
Employee20,28,342 shares
Others
Total6,08,50,278 shares1,88,57,142 shares

Bids Received (Subscription)

Tata Technologies IPO subscribed 69.43x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

 Tata Technologies IPOUdayshivakumar Infra IPO
QIB (times)203.41x42.92x
NII (times)62.11x64.08x
Big NII (times)70.67x63.54x
Small NII (times)44.98x65.14x
RII (times)16.50x14.95x
Employee (times)3.70x
Other (times)29.20x
Total (times)69.43x32.49x

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Tata Technologies IPO Vs Udayshivakumar Infra IPO