TBO Tek IPO vs Vodafone Idea FPO

Comparison between TBO Tek IPO and Vodafone Idea FPO.

IPO Details

TBO Tek IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vodafone Idea FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of TBO Tek IPO is up to ₹1,550.81 Cr whereas the issue size of the Vodafone Idea FPO is up to ₹18,000.00 Cr. The final issue price of TBO Tek IPO is ₹920.00 per share and of Vodafone Idea FPO is ₹11.00 per share.

 TBO Tek IPOVodafone Idea FPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹875.00 per share₹10.00 per share
Issue Price (Upper)₹920.00 per share₹11.00 per share
Issue Price (Final)₹920.00 per share₹11.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size16 shares1298 shares
Fresh Issue Size43,47,826 shares16,36,36,36,363 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹18,000.00 Cr
OFS Issue Size1,25,08,797 shares0 shares
OFS Issue Size (Amount)up to ₹1,150.81 Crup to ₹0.00 Cr
Issue Size Total1,68,56,623 shares16,36,36,36,363 shares
Issue Size Total (Amount)up to ₹1,550.81 Crup to ₹18,000.00 Cr

IPO Timetable

TBO Tek IPO opens on May 08, 2024, while Vodafone Idea FPO opens on Apr 18, 2024. The closing date of TBO Tek IPO and Vodafone Idea FPO is May 10, 2024, and Apr 22, 2024, respectively.

 TBO Tek IPOVodafone Idea FPO
Anchor Bid DateMay 07, 2024Apr 16, 2024
Issue OpenMay 08, 2024Apr 18, 2024
Issue CloseMay 10, 2024Apr 22, 2024
Basis Of Allotment (Tentative)May 13, 2024Apr 23, 2024
Initiation of Refunds (Tentative)May 14, 2024Apr 24, 2024
Credit of Share (Tentative)May 14, 2024Apr 24, 2024
Listing date (Tentative)May 15, 2024Apr 25, 2024
Anchor Lockin End date 1Jun 12, 2024May 23, 2024
Anchor Lockin End date 2Aug 11, 2024Jul 22, 2024

Financials & KPIs

TBO Tek IPO P/E ratio is 64.58, as compared to Vodafone Idea FPO P/E ratio of -1.88.

 TBO Tek IPOVodafone Idea FPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,754.052,557.931,271.43576.16
Total Income1,039.561,085.77511.93176.55
Profit After Tax154.18148.4933.72-34.14
NET Worth501.21337.19231.90204.07
Reserves and Surplus478.43317.57214.08197.58
Total Borrowing2.936.362.69
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,90,801.802,07,242.701,94,029.102,03,480.60
Total Income32,125.6042,488.5038,644.9042,126.40
Profit After Tax-23,563.80-29,301.10-28,245.40-44,233.10
NET Worth-97,931.90-74,359.10-61,964.80-38,228.00
Reserves and Surplus-1,46,611.60-1,23,038.80-94,083.60
Total Borrowing2,03,425.702,01,586.001,90,917.701,80,310.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)51.2648.75
Promoter Shareholding (Post-Issue)36.87
P/E Ratio64.58-1.88
Market Cap₹9990.08 Cr.₹73131.80 Cr.
ROE
ROCE
Debt/Equity
EPS₹14.25₹-5.85
RoNW30.76

Shares Offered

In the TBO Tek IPO Retail Individual Investors (RII) are offered 16,82,401 shares while in Vodafone Idea FPO retail investors are offered 16,82,401 shares. Qualified Institutional Buyers (QIB) are offered 50,47,205 shares in TBO Tek IPO and 3,27,27,27,272 shares in Vodafone Idea FPO.

 TBO Tek IPOVodafone Idea FPO
Anchor Investor Reservation75,70,807 shares4,90,90,90,908 shares
Market Maker Reservation
QIB50,47,205 shares3,27,27,27,272 shares
NII25,23,602 shares2,45,45,45,455 shares
RII16,82,401 shares5,72,72,72,728 shares
Employee32,608 shares
Others
Total1,68,56,623 shares16,36,36,36,363 shares

Bids Received (Subscription)

TBO Tek IPO subscribed 86.69x in total, whereas Vodafone Idea FPO subscribed 6.99x.

 TBO Tek IPOVodafone Idea FPO
QIB (times)125.51x19.31x
NII (times)50.60x4.54x
Big NII (times)55.82x6.04x
Small NII (times)40.15x1.55x
RII (times)25.72x1.01x
Employee (times)17.81x
Other (times)
Total (times)86.69x6.99x

Compare with others

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TBO Tek IPO Vs Vodafone Idea FPO