Comparison between Prudent Corporate Advisory IPO and Venus Pipes IPO.
Prudent Corporate Advisory 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 Prudent Corporate Advisory IPO is up to ₹428.28 Cr whereas the issue size of the Venus Pipes IPO is up to ₹165.42 Cr. The final issue price of Prudent Corporate Advisory IPO is ₹630.00 per share and of Venus Pipes IPO is ₹326.00 per share.
| Prudent Corporate Advisory IPO | Venus Pipes IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹595.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹630.00 per share | ₹326.00 per share |
| Issue Price (Final) | ₹630.00 per share | ₹326.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | |
| Market Lot Size | 23 shares | 46 shares |
| Fresh Issue Size | 0 shares | 50,74,100 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹165.42 Cr |
| OFS Issue Size | 68,08,820 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹428.28 Cr | up to ₹0.00 Cr |
| Issue Size Total | 68,08,820 shares | 50,74,100 shares |
| Issue Size Total (Amount) | up to ₹428.28 Cr | up to ₹165.42 Cr |
Prudent Corporate Advisory IPO opens on May 10, 2022, while Venus Pipes IPO opens on May 11, 2022. The closing date of Prudent Corporate Advisory IPO and Venus Pipes IPO is May 12, 2022, and May 13, 2022, respectively.
| Prudent Corporate Advisory IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2022 | May 10, 2022 |
| Issue Open | May 10, 2022 | May 11, 2022 |
| Issue Close | May 12, 2022 | May 13, 2022 |
| Basis Of Allotment (Tentative) | May 18, 2022 | May 19, 2022 |
| Initiation of Refunds (Tentative) | May 19, 2022 | May 20, 2022 |
| Credit of Share (Tentative) | May 20, 2022 | May 23, 2022 |
| Listing date (Tentative) | May 20, 2022 | May 24, 2022 |
| Anchor Lockin End date 1 | Jun 17, 2022 | Jun 18, 2022 |
| Anchor Lockin End date 2 | Aug 16, 2022 | Aug 17, 2022 |
Prudent Corporate Advisory IPO P/E ratio is 33.94, as compared to Venus Pipes IPO P/E ratio of 21.03.
| Prudent Corporate Advisory IPO | Venus Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 56.78 | 64.27 | ||||
| Promoter Shareholding (Post-Issue) | 56.78 | 48.20 | ||||
| P/E Ratio | 33.94 | 21.03 | ||||
| Market Cap | ₹2608.62 Cr. | ₹661.65 Cr. | ||||
| ROE | 59 | |||||
| ROCE | 28.73 | 61 | ||||
| Debt/Equity | 0.94 | |||||
| EPS | ₹10.96 | ₹18.04 | ||||
| RoNW | 28.73 | 59.18 |
In the Prudent Corporate Advisory IPO Retail Individual Investors (RII) are offered 29,52,427 shares while in Venus Pipes IPO retail investors are offered 29,52,427 shares. Qualified Institutional Buyers (QIB) are offered 16,87,101 shares in Prudent Corporate Advisory IPO and 10,14,864 shares in Venus Pipes IPO.
| Prudent Corporate Advisory IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,30,651 shares | 15,22,186 shares |
| Market Maker Reservation | ||
| QIB | 16,87,101 shares | 10,14,864 shares |
| NII | 12,65,326 shares | 7,61,115 shares |
| RII | 29,52,427 shares | 17,75,935 shares |
| Employee | 1,13,835 shares | |
| Others | ||
| Total | 85,49,340 shares | 50,74,100 shares |
Prudent Corporate Advisory IPO subscribed 1.22x in total, whereas Venus Pipes IPO subscribed 16.31x.
| Prudent Corporate Advisory IPO | Venus Pipes IPO | |
|---|---|---|
| QIB (times) | 1.26x | 12.02x |
| NII (times) | 0.99x | 15.66x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.29x | 19.04x |
| Employee (times) | 1.23x | |
| Other (times) | ||
| Total (times) | 1.22x | 16.31x |
