Exicom Tele-Systems IPO vs Platinum Industries IPO

Comparision between Exicom Tele-Systems IPO and Platinum Industries IPO.

IPO Details

Exicom Tele-Systems IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Platinum Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Exicom Tele-Systems IPO	Platinum Industries 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	Monarch Networth Capital Ltd Unistone Capital Pvt Ltd Systematix Corporate Services Limited	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Exicom Tele-Systems IPO is up to ₹429.00 Cr whereas the issue size of the Platinum Industries IPO is up to ₹235.32 Cr. The final issue price of Exicom Tele-Systems IPO is ₹142.00 per share and of Platinum Industries IPO is ₹171.00 per share.

	Exicom Tele-Systems IPO	Platinum Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹135.00 per share	₹162.00 per share
Issue Price (Upper)	₹142.00 per share	₹171.00 per share
Issue Price (Final)	₹142.00 per share	₹171.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	100 shares	87 shares
Fresh Issue Size	2,31,69,014 shares	1,37,61,225 shares
Fresh Issue Size (Amount)	up to ₹329.00 Cr	up to ₹235.32 Cr
OFS Issue Size	70,42,200 shares
OFS Issue Size (Amount)	up to ₹100.00 Cr
Issue Size Total	3,02,11,214 shares	1,37,61,225 shares
Issue Size Total (Amount)	up to ₹429.00 Cr	up to ₹235.32 Cr

IPO Timetable

Exicom Tele-Systems IPO opens on Feb 27, 2024, while Platinum Industries IPO opens on Feb 27, 2024. The closing date of Exicom Tele-Systems IPO and Platinum Industries IPO is Feb 29, 2024, and Feb 29, 2024, respectively.

	Exicom Tele-Systems IPO	Platinum Industries IPO
Anchor Bid Date	Feb 26, 2024	Feb 26, 2024
Issue Open	Feb 27, 2024	Feb 27, 2024
Issue Close	Feb 29, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Mar 01, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Mar 04, 2024	Mar 04, 2024
Credit of Share (Tentative)	Mar 04, 2024	Mar 04, 2024
Listing date (Tentative)	Mar 05, 2024	Mar 05, 2024
Anchor Lockin End date 1	Mar 31, 2024	Mar 31, 2024
Anchor Lockin End date 2	May 30, 2024	May 30, 2024

Financials

Exicom Tele-Systems IPO P/E ratio is 217.63, as compared to Platinum Industries IPO P/E ratio of 18.73.

Exicom Tele-Systems IPO

Platinum Industries IPO

Financial

Exicom Tele-Systems Limited Financial Information (Restated Consolidated)

Exicom Tele-Systems Limited's revenue decreased by -14.79% and profit after tax (PAT) rose by 24.07% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	629.41	705.09	602.99	678.46
Revenue	467.21	723.40	848.96	524.36
Profit After Tax	27.46	6.37	5.14	3.45
Net Worth	311.40	232.00	221.57	213.44
Reserves and Surplus	204.95	213.61	207.39	201.55
Total Borrowing	72.84	117.92	107.67	101.76
Amount in ₹ Crore

Platinum Industries Limited Financial Information (Restated Consolidated)

Platinum Industries Limited's revenue increased by 22.89% and profit after tax (PAT) rose by 111.76% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	137.72	121.17	84.48	32.26
Revenue	123.73	232.56	189.24	89.53
Profit After Tax	22.84	37.58	17.75	4.82
Net Worth	85.04	61.88	22.34	4.47
Reserves and Surplus	44.86	21.80	21.28	3.53
Total Borrowing	11.46	17.43	24.24	3.26
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.28%

94.74%

Promoter Shareholding (Post-Issue)

P/E Ratio

217.63

18.73

Market Cap

₹1715.71 Cr.

₹939.22 Cr.

ROE

13.38%%

90.02%%

ROCE

10.92%%

56.85%%

Debt/Equity

0.28

EPS

₹0.65

₹9.13

RoNW

2.75%%

61.26%%

Shares Offered

In the Exicom Tele-Systems IPO retail investors (RII) are offered 30,21,100 shares while in Platinum Industries IPO retail investors are offered 30,21,100 shares. Qualified institutional buyers (QIB) are offered 1,01,19,700 shares in Exicom Tele-Systems IPO and 27,52,375 shares in Platinum Industries IPO.

	Exicom Tele-Systems IPO	Platinum Industries IPO
Anchor Investor Reserveration	1,25,38,800 shares	41,28,237 shares
Market Maker Reserveration
QIB	1,01,19,700 shares	27,52,375 shares
NII	45,31,600 shares	20,64,184 shares
RII	30,21,100 shares	48,16,429 shares
Employee	0 shares	0 shares
Others
Total	1,76,72,400 shares	96,32,988 shares

Bids Received (Subscription)

Exicom Tele-Systems IPO subscribed 133.56x in total, whereas Platinum Industries IPO subscribed 98.99x.

	Exicom Tele-Systems IPO	Platinum Industries IPO
QIB (times)	124.82x	151.00x
NII (times)	159.29x	141.79x
Big NII (times)	163.96x	138.46x
Small NII (times)	149.95x	148.46x
RII (times)	124.27x	50.92x
Employee (times)
Other (times)
Total (times)	133.56x	98.99x

Compare with others

Exicom Tele-Systems IPO	Platinum Industries IPO
Bharat Highways InvIT	Vibhor Steel Tubes IPO
GPT Healthcare IPO	Entero Healthcare Solutions IPO
Juniper Hotels IPO	Exicom Tele-Systems IPO
Vibhor Steel Tubes IPO	Capital SFB IPO
Entero Healthcare Solutions IPO	Jana SFB IPO
Capital SFB IPO	Apeejay Surrendra Park IPO
Jana SFB IPO	Rashi Peripherals IPO
Platinum Industries IPO	BLS E-Services IPO
Apeejay Surrendra Park IPO	R K SWAMY IPO
Rashi Peripherals IPO	EPACK Durable IPO

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