Comparison between Plaza Wires IPO and Valiant Laboratories IPO.
Plaza Wires IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Valiant Laboratories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Plaza Wires IPO is up to ₹71.28 Cr whereas the issue size of the Valiant Laboratories IPO is up to ₹152.46 Cr. The final issue price of Plaza Wires IPO is ₹54.00 per share and of Valiant Laboratories IPO is ₹140.00 per share.
| Plaza Wires IPO | Valiant Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 277 shares | 105 shares |
| Fresh Issue Size | 1,32,00,158 shares | 1,08,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹71.28 Cr | up to ₹152.46 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 | 1,32,00,158 shares | 1,08,90,000 shares |
| Issue Size Total (Amount) | up to ₹71.28 Cr | up to ₹152.46 Cr |
Plaza Wires IPO opens on Sep 29, 2023, while Valiant Laboratories IPO opens on Sep 27, 2023. The closing date of Plaza Wires IPO and Valiant Laboratories IPO is Oct 05, 2023, and Oct 03, 2023, respectively.
| Plaza Wires IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | Sep 27, 2023 | Sep 26, 2023 |
| Issue Open | Sep 29, 2023 | Sep 27, 2023 |
| Issue Close | Oct 05, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Oct 09, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Oct 11, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 12, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 12, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Nov 08, 2023 | Nov 04, 2023 |
| Anchor Lockin End date 2 | Jan 07, 2024 | Jan 03, 2024 |
Plaza Wires IPO P/E ratio is 21.95, as compared to Valiant Laboratories IPO P/E ratio of 15.71.
| Plaza Wires IPO | Valiant Laboratories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.83 | 74.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 15.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹236.26 Cr. | ₹608.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.15% | 33.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 15.57% | 22.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.46 | ₹8.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 14.16% | 28.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Plaza Wires IPO Retail Individual Investors (RII) are offered 13,19,905 shares while in Valiant Laboratories IPO retail investors are offered 13,19,905 shares. Qualified Institutional Buyers (QIB) are offered 61,96,213 shares in Plaza Wires IPO and 21,78,030 shares in Valiant Laboratories IPO.
| Plaza Wires IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,04,044 shares | 32,66,970 shares |
| Market Maker Reservation | ||
| QIB | 61,96,213 shares | 21,78,030 shares |
| NII | 19,79,996 shares | 16,33,500 shares |
| RII | 13,19,905 shares | 38,11,500 shares |
| Employee | ||
| Others | ||
| Total | 1,32,00,158 shares | 1,08,90,000 shares |
Plaza Wires IPO subscribed 160.97x in total, whereas Valiant Laboratories IPO subscribed 29.76x.
| Plaza Wires IPO | Valiant Laboratories IPO | |
|---|---|---|
| QIB (times) | 42.84x | 20.83x |
| NII (times) | 388.09x | 73.64x |
| Big NII (times) | 360.92x | 78.64x |
| Small NII (times) | 442.42x | 63.64x |
| RII (times) | 374.81x | 16.06x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 160.97x | 29.76x |
