Comparison between Updater IPO and Valiant Laboratories IPO.
Updater 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 Updater IPO is up to ₹640.00 Cr whereas the issue size of the Valiant Laboratories IPO is up to ₹152.46 Cr. The final issue price of Updater IPO is ₹300.00 per share and of Valiant Laboratories IPO is ₹140.00 per share.
| Updater IPO | Valiant Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹280.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹300.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹300.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 105 shares |
| Fresh Issue Size | 1,33,33,333 shares | 1,08,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹152.46 Cr |
| OFS Issue Size | 80,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹240.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,13,33,333 shares | 1,08,90,000 shares |
| Issue Size Total (Amount) | up to ₹640.00 Cr | up to ₹152.46 Cr |
Updater IPO opens on Sep 25, 2023, while Valiant Laboratories IPO opens on Sep 27, 2023. The closing date of Updater IPO and Valiant Laboratories IPO is Sep 27, 2023, and Oct 03, 2023, respectively.
| Updater IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | Sep 26, 2023 |
| Issue Open | Sep 25, 2023 | Sep 27, 2023 |
| Issue Close | Sep 27, 2023 | Oct 03, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Oct 05, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Oct 06, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Oct 06, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Oct 06, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | Nov 04, 2023 |
| Anchor Lockin End date 2 | Dec 27, 2023 | Jan 03, 2024 |
Updater IPO P/E ratio is 44.31, as compared to Valiant Laboratories IPO P/E ratio of 15.71.
| Updater IPO | Valiant Laboratories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.58 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.47 | 74.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 15.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2001.00 Cr. | ₹608.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.40% | 33.73% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.17% | 22.76% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.77 | ₹8.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.34% | 28.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Updater IPO Retail Individual Investors (RII) are offered 21,33,333 shares while in Valiant Laboratories IPO retail investors are offered 21,33,333 shares. Qualified Institutional Buyers (QIB) are offered 64,00,001 shares in Updater IPO and 21,78,030 shares in Valiant Laboratories IPO.
| Updater IPO | Valiant Laboratories IPO | |
|---|---|---|
| Anchor Investor Reservation | 96,00,000 shares | 32,66,970 shares |
| Market Maker Reservation | ||
| QIB | 64,00,001 shares | 21,78,030 shares |
| NII | 31,99,999 shares | 16,33,500 shares |
| RII | 21,33,333 shares | 38,11,500 shares |
| Employee | ||
| Others | ||
| Total | 2,13,33,333 shares | 1,08,90,000 shares |
Updater IPO subscribed 2.96x in total, whereas Valiant Laboratories IPO subscribed 29.76x.
| Updater IPO | Valiant Laboratories IPO | |
|---|---|---|
| QIB (times) | 4.50x | 20.83x |
| NII (times) | 0.89x | 73.64x |
| Big NII (times) | 1.07x | 78.64x |
| Small NII (times) | 0.53x | 63.64x |
| RII (times) | 1.45x | 16.06x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.96x | 29.76x |
