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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 Concord Control Systems IPO Logo 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 EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20838.011589.25104.57350.58330.25
31-Mar-211251.351760.91143.21495.47474.9
31-Mar-221467.223173.54258.99754.24733.86
Amount in ₹ Lakhs
Insolation Energy Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxReserves and Surplus
31-Mar-202642.448879.37309.25580.05
31-Mar-215045.0416272.92689.721269.77
31-Mar-226668.0321539.13692.2711.97
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

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