Concord Control Systems IPO vs Insolation Energy IPO

Comparision between Concord Control Systems IPO and Insolation Energy IPO.

IPO Details

Concord Control Systems IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Insolation Energy IPO is a SME Book Built Issue proposed to list at BSE SME.

	Concord Control Systems IPO	Insolation Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited	Holani Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Concord Control Systems IPO is up to ₹8.32 Cr whereas the issue size of the Insolation Energy IPO is up to ₹22.16 Cr. The final issue price of Concord Control Systems IPO is ₹55.00 per share and of Insolation Energy IPO is ₹38.00 per share.

	Concord Control Systems IPO	Insolation Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹53.00 per share	₹36.00 per share
Issue Price (Upper)	₹55.00 per share	₹38.00 per share
Issue Price (Final)	₹55.00 per share	₹38.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	3000 shares
Fresh Issue Size	15,12,000 shares
Fresh Issue Size (Amount)	up to ₹8.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	15,12,000 shares	58,32,000 shares
Issue Size Total (Amount)	up to ₹8.32 Cr	up to ₹22.16 Cr

IPO Timetable

Concord Control Systems IPO opens on Sep 27, 2022, while Insolation Energy IPO opens on Sep 26, 2022. The closing date of Concord Control Systems IPO and Insolation Energy IPO is Sep 29, 2022, and Sep 29, 2022, respectively.

	Concord Control Systems IPO	Insolation Energy IPO
Anchor Bid Date
Issue Open	Sep 27, 2022	Sep 26, 2022
Issue Close	Sep 29, 2022	Sep 29, 2022
Basis Of Allotment (Tentative)	Oct 04, 2022	Oct 04, 2022
Initiation of Refunds (Tentative)	Oct 06, 2022	Oct 06, 2022
Credit of Share (Tentative)	Oct 07, 2022	Oct 07, 2022
Listing date (Tentative)	Oct 10, 2022	Oct 10, 2022
Anchor Lockin End date 1	Nov 03, 2022	Nov 03, 2022
Anchor Lockin End date 2	Jan 02, 2023	Jan 02, 2023

Financials

Concord Control Systems IPO P/E ratio is 12.14, as compared to Insolation Energy IPO P/E ratio of 11.41.

Concord Control Systems IPO

Insolation Energy IPO

Financial

Concord Control Systems Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	838.01	1589.25	104.57	350.58	330.25
31-Mar-21	1251.35	1760.91	143.21	495.47	474.9
31-Mar-22	1467.22	3173.54	258.99	754.24	733.86
Amount in ₹ Lakhs

Insolation Energy Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-20	2642.44	8879.37	309.25	580.05
31-Mar-21	5045.04	16272.92	689.72	1269.77
31-Mar-22	6668.03	21539.13	692.2	711.97
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

97%

Promoter Shareholding (Post-Issue)

73.53%

P/E Ratio

12.14

11.41

Market Cap

₹31.42 Cr.

₹79.16 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Concord Control Systems IPO retail investors (RII) are offered 5,02,000 shares while in Insolation Energy IPO retail investors are offered 5,02,000 shares. Qualified institutional buyers (QIB) are offered 7,16,000 shares in Concord Control Systems IPO and in Insolation Energy IPO.

	Concord Control Systems IPO	Insolation Energy IPO
Anchor Investor Reserveration	4,28,000 shares
Market Maker Reserveration	78,000 shares	2,94,000 shares
QIB	7,16,000 shares
NII	2,16,000 shares	27,69,000 shares
RII	5,02,000 shares	27,69,000 shares
Employee
Others
Total	14,34,000 shares	55,38,000 shares

Bids Received (Subscription)

Concord Control Systems IPO subscribed 202.41x in total, whereas Insolation Energy IPO subscribed 192.79x.

	Concord Control Systems IPO	Insolation Energy IPO
QIB (times)	15.18x
NII (times)	307.40x	150.02x
Big NII (times)
Small NII (times)
RII (times)	424.26x	235.55x
Employee (times)
Other (times)
Total (times)	202.41x	192.79x

Compare with others

Concord Control Systems IPO	Insolation Energy IPO
Cargotrans Maritime IPO	Concord Control Systems IPO
Vedant Asset IPO	Maagh Advertising IPO
Cargosol Logistics IPO	QMS Medical Allied IPO
Silicon Rental Solutions IPO	Cyber Media Research IPO
Lloyds Luxuries IPO	Mafia Trends IPO
Maagh Advertising IPO	Containe Technologies IPO
QMS Medical Allied IPO	Kandarp Digi Smart BPO IPO
Cyber Media Research IPO	Maks Energy IPO
Mafia Trends IPO	Varanium Cloud IPO
Insolation Energy IPO	Tapi Fruit Processing IPO

Comments

Add a public comment...