Electronics Mart India IPO vs Harsha Engineers IPO

Comparision between Electronics Mart India IPO and Harsha Engineers IPO.

IPO Details

Electronics Mart India IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Harsha Engineers IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Electronics Mart India IPO	Harsha Engineers 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	Anand Rathi Securities Limited Iifl Securities Ltd Jm Financial Limited	Axis Capital Limited Equirus Capital Private Limited Jm Financial Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Electronics Mart India IPO is up to ₹500.00 Cr whereas the issue size of the Harsha Engineers IPO is up to ₹755.00 Cr. The final issue price of Electronics Mart India IPO is ₹59.00 per share and of Harsha Engineers IPO is ₹330.00 per share.

	Electronics Mart India IPO	Harsha Engineers IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹314.00 per share
Issue Price (Upper)	₹59.00 per share	₹330.00 per share
Issue Price (Final)	₹59.00 per share	₹330.00 per share
Discount (Retail)
Discount (Employee)		₹31.00 per share
Market Lot Size	254 shares	45 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹455.00 Cr
OFS Issue Size
OFS Issue Size (Amount)		up to ₹300.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹500.00 Cr	up to ₹755.00 Cr

IPO Timetable

Electronics Mart India IPO opens on Oct 04, 2022, while Harsha Engineers IPO opens on Sep 14, 2022. The closing date of Electronics Mart India IPO and Harsha Engineers IPO is Oct 07, 2022, and Sep 16, 2022, respectively.

	Electronics Mart India IPO	Harsha Engineers IPO
Anchor Bid Date
Issue Open	Oct 04, 2022	Sep 14, 2022
Issue Close	Oct 07, 2022	Sep 16, 2022
Basis Of Allotment (Tentative)	Oct 12, 2022	Sep 21, 2022
Initiation of Refunds (Tentative)	Oct 13, 2022	Sep 22, 2022
Credit of Share (Tentative)	Oct 14, 2022	Sep 23, 2022
Listing date (Tentative)	Oct 17, 2022	Sep 26, 2022
Anchor Lockin End date 1	Nov 11, 2022	Oct 21, 2022
Anchor Lockin End date 2	Jan 10, 2023	Dec 20, 2022

Financials

Electronics Mart India IPO P/E ratio is 13.95, as compared to Harsha Engineers IPO P/E ratio of 32.67.

Electronics Mart India IPO

Harsha Engineers IPO

Financial

Electronics Mart India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1109.15	2826.1	77.1	340.5	377.06
31-Mar-20	1347.6	3179.02	81.61	433.08	520.54
31-Mar-21	1523.53	3207.37	58.62	491.92	547.95
31-Mar-22	1824.74	4353.07	103.89	596.51	593.64
30-Jun-22	1755.58	1410.25	40.66	637.97	475.91
Amount in ₹ Crore

Harsha Engineers International Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-19	195	117.9	-27.41	1.41
31-Mar-20	973.24	899.5	21.91	378.02
31-Mar-21	981.07	876.73	45.44	433.22
31-Mar-22	1158.25	1339	91.94	527.9
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

99.70%

Promoter Shareholding (Post-Issue)

77.97%

74.6

P/E Ratio

13.95

32.67

Market Cap

₹2270.02 Cr.

₹3004.20 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Electronics Mart India IPO retail investors (RII) are offered 3,12,50,000 shares while in Harsha Engineers IPO retail investors are offered 3,12,50,000 shares. Qualified institutional buyers (QIB) are offered 1,78,57,142 shares in Electronics Mart India IPO and 47,92,950 shares in Harsha Engineers IPO.

	Electronics Mart India IPO	Harsha Engineers IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,78,57,142 shares	47,92,950 shares
NII	1,33,92,858 shares	35,94,780 shares
RII	3,12,50,000 shares	83,87,730 shares
Employee	0 shares	88,335 shares
Others
Total	6,25,00,000 shares	1,68,63,795 shares

Bids Received (Subscription)

Electronics Mart India IPO subscribed 71.93x in total, whereas Harsha Engineers IPO subscribed 74.70x.

	Electronics Mart India IPO	Harsha Engineers IPO
QIB (times)	169.54x	178.26x
NII (times)	63.59x	71.32x
Big NII (times)	66.18x	74.78x
Small NII (times)	58.42x	64.41x
RII (times)	19.72x	17.63x
Employee (times)		12.07x
Other (times)
Total (times)	71.93x	74.70x

Compare with others

Electronics Mart India IPO	Harsha Engineers IPO
Fusion Micro Finance IPO	Uniparts India IPO
Global Health IPO	Kaynes Technology IPO
Five Star Business Finance IPO	Electronics Mart India IPO
Uniparts India IPO	DCX Systems IPO
Kaynes Technology IPO	Tamilnad Mercantile Bank IPO
DCX Systems IPO	Dreamfolks Services IPO
Tamilnad Mercantile Bank IPO	Syrma IPO
Harsha Engineers IPO	Aether Industries IPO
Dreamfolks Services IPO	eMudhra IPO
Syrma IPO	Paradeep Phosphates IPO

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