Comparison between Ethos IPO and Venus Pipes IPO.
Ethos IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Venus Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the Venus Pipes IPO is up to ₹165.42 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of Venus Pipes IPO is ₹326.00 per share.
| Ethos IPO | Venus Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹836.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹878.00 per share | ₹326.00 per share |
| Issue Price (Final) | ₹878.00 per share | ₹326.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 17 shares | 46 shares |
| Fresh Issue Size | 42,71,070 shares | 50,74,100 shares |
| Fresh Issue Size (Amount) | up to ₹375.00 Cr | up to ₹165.42 Cr |
| OFS Issue Size | 3,10,430 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹27.26 Cr | up to ₹0.00 Cr |
| Issue Size Total | 45,81,500 shares | 50,74,100 shares |
| Issue Size Total (Amount) | up to ₹402.26 Cr | up to ₹165.42 Cr |
Ethos IPO opens on May 18, 2022, while Venus Pipes IPO opens on May 11, 2022. The closing date of Ethos IPO and Venus Pipes IPO is May 20, 2022, and May 13, 2022, respectively.
| Ethos IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Bid Date | May 17, 2022 | May 10, 2022 |
| Issue Open | May 18, 2022 | May 11, 2022 |
| Issue Close | May 20, 2022 | May 13, 2022 |
| Basis Of Allotment (Tentative) | May 25, 2022 | May 19, 2022 |
| Initiation of Refunds (Tentative) | May 26, 2022 | May 20, 2022 |
| Credit of Share (Tentative) | May 27, 2022 | May 23, 2022 |
| Listing date (Tentative) | May 30, 2022 | May 24, 2022 |
| Anchor Lockin End date 1 | Jun 24, 2022 | Jun 18, 2022 |
| Anchor Lockin End date 2 | Aug 23, 2022 | Aug 17, 2022 |
Ethos IPO P/E ratio is 96, as compared to Venus Pipes IPO P/E ratio of 21.03.
| Ethos IPO | Venus Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.01 | 64.27 | ||||
| Promoter Shareholding (Post-Issue) | 61.65 | 48.20 | ||||
| P/E Ratio | 96 | 21.03 | ||||
| Market Cap | ₹2050.06 Cr. | ₹661.65 Cr. | ||||
| ROE | 59 | |||||
| ROCE | 61 | |||||
| Debt/Equity | 0.78 | 0.94 | ||||
| EPS | ₹3.18 | ₹18.04 | ||||
| RoNW | 3.72 | 59.18 |
In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in Venus Pipes IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 10,14,864 shares in Venus Pipes IPO.
| Ethos IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,13,725 shares | 15,22,186 shares |
| Market Maker Reservation | ||
| QIB | 6,77,025 shares | 10,14,864 shares |
| NII | 6,87,225 shares | 7,61,115 shares |
| RII | 16,03,525 shares | 17,75,935 shares |
| Employee | ||
| Others | ||
| Total | 45,81,500 shares | 50,74,100 shares |
Ethos IPO subscribed 1.04x in total, whereas Venus Pipes IPO subscribed 16.31x.
| Ethos IPO | Venus Pipes IPO | |
|---|---|---|
| QIB (times) | 1.06x | 12.02x |
| NII (times) | 1.48x | 15.66x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 19.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.04x | 16.31x |
