Balaji Speciality Chemicals IPO vs Concord Biotech IPO

Comparision between Balaji Speciality Chemicals IPO and Concord Biotech IPO.

IPO Details

Balaji Speciality Chemicals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Concord Biotech IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Balaji Speciality Chemicals IPO	Concord Biotech IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hdfc Bank Limited Jm Financial Limited	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jefferies India Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Balaji Speciality Chemicals IPO is whereas the issue size of the Concord Biotech IPO is up to ₹1,551.00 Cr. The final issue price of Balaji Speciality Chemicals IPO is and of Concord Biotech IPO is ₹741.00 per share.

	Balaji Speciality Chemicals IPO	Concord Biotech IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)		₹705.00 per share
Issue Price (Upper)		₹741.00 per share
Issue Price (Final)		₹741.00 per share
Discount (Retail)
Discount (Employee)		₹70.00 per share
Market Lot Size		20 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹250.00 Cr
OFS Issue Size	2,60,00,000 shares	2,09,25,652 shares
OFS Issue Size (Amount)		up to ₹1,551.00 Cr
Issue Size Total		2,09,25,652 shares
Issue Size Total (Amount)		up to ₹1,551.00 Cr

IPO Timetable

Balaji Speciality Chemicals IPO opens on , while Concord Biotech IPO opens on Aug 04, 2023. The closing date of Balaji Speciality Chemicals IPO and Concord Biotech IPO is , and Aug 08, 2023, respectively.

	Balaji Speciality Chemicals IPO	Concord Biotech IPO
Anchor Bid Date		Aug 03, 2023
Issue Open		Aug 04, 2023
Issue Close		Aug 08, 2023
Basis Of Allotment (Tentative)		Aug 11, 2023
Initiation of Refunds (Tentative)		Aug 14, 2023
Credit of Share (Tentative)		Aug 17, 2023
Listing date (Tentative)		Aug 18, 2023
Anchor Lockin End date 1		Sep 10, 2023
Anchor Lockin End date 2		Nov 09, 2023

Financials

Balaji Speciality Chemicals IPO P/E ratio is , as compared to Concord Biotech IPO P/E ratio of 32.29.

Balaji Speciality Chemicals IPO

Concord Biotech IPO

Financial

Balaji Speciality Chemicals IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	304.24	303.04	401.61	480.98
Revenue	54.12	175.88	516.04	798.74
Profit After Tax	-15.87	10.40	108.95	178.14
Net Worth	68.13	78.53	187.48	365.55
Reserves and Surplus	28.13	38.53	147.48	325.55
Total Borrowing	203.55	204.41	166.64

Amount in ₹ Crore

Concord Biotech IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,182.55	1,312.80	1,513.98
Revenue	630.75	736.35	888.48
Profit After Tax	234.89	174.93	240.08
Net Worth	999.37	1,103.22	1,290.00
Reserves and Surplus
Total Borrowing	86.35	60.59	31.24

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.98%

44.08%

Promoter Shareholding (Post-Issue)

44.08%

P/E Ratio

32.29

Market Cap

₹7752.06 Cr.

ROE

20.06%%

ROCE

24.27%%

Debt/Equity

EPS

₹20.79

RoNW

20%%

Shares Offered

In the Balaji Speciality Chemicals IPO retail investors (RII) are offered while in Concord Biotech IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Balaji Speciality Chemicals IPO and 41,83,130 shares in Concord Biotech IPO.

	Balaji Speciality Chemicals IPO	Concord Biotech IPO
Anchor Investor Reserveration		62,74,695 shares
Market Maker Reserveration
QIB		41,83,130 shares
NII		31,37,348 shares
RII		73,20,479 shares
Employee		10,000 shares
Others
Total		1,46,50,957 shares

Bids Received (Subscription)

Balaji Speciality Chemicals IPO subscribed in total, whereas Concord Biotech IPO subscribed 24.87x.

	Balaji Speciality Chemicals IPO	Concord Biotech IPO
QIB (times)		67.67x
NII (times)		16.99x
Big NII (times)		19.30x
Small NII (times)		12.37x
RII (times)		3.78x
Employee (times)		24.48x
Other (times)
Total (times)		24.87x

Compare with others

Balaji Speciality Chemicals IPO	Concord Biotech IPO
Ratnaveer Precision Engineering IPO	Aeroflex Industries IPO
Vishnu Prakash R Punglia IPO	Pyramid Technoplast IPO
Aeroflex Industries IPO	India Shelter Finance IPO
Pyramid Technoplast IPO	Balaji Speciality Chemicals IPO
India Shelter Finance IPO	TVS Supply Chain Solutions IPO
TVS Supply Chain Solutions IPO	SBFC Finance IPO
Concord Biotech IPO	Yatharth Hospital IPO
SBFC Finance IPO	Netweb Technologies India IPO
Yatharth Hospital IPO	Utkarsh Small Finance Bank IPO
Netweb Technologies India IPO	Senco Gold IPO

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