IKIO Lighting IPO vs Senco Gold IPO

Comparision between IKIO Lighting IPO and Senco Gold IPO.

IPO Details

IKIO Lighting IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	IKIO Lighting IPO	Senco Gold 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	Motilal Oswal Investment Advisors Limited	Iifl Securities Ltd Ambit Private Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
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 IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Senco Gold IPO is ₹317.00 per share.

	IKIO Lighting IPO	Senco Gold IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹270.00 per share	₹301.00 per share
Issue Price (Upper)	₹285.00 per share	₹317.00 per share
Issue Price (Final)	₹285.00 per share	₹317.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	52 shares	47 shares
Fresh Issue Size	1,22,80,701 shares	85,17,350 shares
Fresh Issue Size (Amount)	up to ₹350.00 Cr	up to ₹270.00 Cr
OFS Issue Size	90,00,000 shares	42,58,675 shares
OFS Issue Size (Amount)	up to ₹256.50 Cr	up to ₹135.00 Cr
Issue Size Total	2,12,80,701 shares	1,27,76,025 shares
Issue Size Total (Amount)	up to ₹606.50 Cr	up to ₹405.00 Cr

IPO Timetable

IKIO Lighting IPO opens on Jun 06, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of IKIO Lighting IPO and Senco Gold IPO is Jun 08, 2023, and Jul 06, 2023, respectively.

	IKIO Lighting IPO	Senco Gold IPO
Anchor Bid Date	Jun 05, 2023	Jul 03, 2023
Issue Open	Jun 06, 2023	Jul 04, 2023
Issue Close	Jun 08, 2023	Jul 06, 2023
Basis Of Allotment (Tentative)	Jun 13, 2023	Jul 11, 2023
Initiation of Refunds (Tentative)	Jun 14, 2023	Jul 12, 2023
Credit of Share (Tentative)	Jun 15, 2023	Jul 13, 2023
Listing date (Tentative)	Jun 16, 2023	Jul 14, 2023
Anchor Lockin End date 1	Jul 13, 2023	Aug 10, 2023
Anchor Lockin End date 2	Sep 11, 2023	Oct 09, 2023

Financials

IKIO Lighting IPO P/E ratio is 32.13, as compared to Senco Gold IPO P/E ratio of 15.53.

IKIO Lighting IPO

Senco Gold IPO

Financial

IKIO Lighting Limited Financial Information (Proforma Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	144.83	221.83	21.41	35.90	46.86
31-Mar-21	174.45	214.57	28.81	62.86	69.36
31-Mar-22	264.87	334.00	50.52	108.87	106.56
31-Dec-22	335.50	332.79	51.35	140.83	136.33
Amount in ₹ Crore

Senco Gold Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	1,559.30	2,674.92	61.48	602.51	536.53	532.44
31-Mar-22	2,100.19	3,547.41	129.10	725.77	659.46	862.97
31-Mar-23	2,905.32	4,108.54	158.48	944.97	876.27	1,177.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

76.92%

Promoter Shareholding (Post-Issue)

72.46%

68.48%

P/E Ratio

32.13

15.53

Market Cap

₹2202.50 Cr.

₹2462.00 Cr.

ROE

36.00%%

18.9%%

ROCE

26.00%%

14.2%%

Debt/Equity

1.03

1.25

EPS

₹7.90

₹22.93

RoNW

36.46%%

18.96%%

Shares Offered

In the IKIO Lighting IPO retail investors (RII) are offered 74,48,246 shares while in Senco Gold IPO retail investors are offered 74,48,246 shares. Qualified institutional buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 25,55,203 shares in Senco Gold IPO.

	IKIO Lighting IPO	Senco Gold IPO
Anchor Investor Reserveration	63,84,209 shares	38,32,807 shares
Market Maker Reserveration
QIB	42,56,140 shares	25,55,203 shares
NII	31,92,107 shares	19,16,404 shares
RII	74,48,246 shares	44,71,609 shares
Employee	0 shares	0 shares
Others
Total	1,48,96,493 shares	89,43,216 shares

Bids Received (Subscription)

IKIO Lighting IPO subscribed 67.75x in total, whereas Senco Gold IPO subscribed 77.25x.

	IKIO Lighting IPO	Senco Gold IPO
QIB (times)	163.06x	190.56x
NII (times)	65.38x	68.44x
Big NII (times)	69.01x	72.05x
Small NII (times)	58.13x	61.23x
RII (times)	14.31x	16.28x
Employee (times)
Other (times)
Total (times)	67.75x	77.25x

Compare with others

IKIO Lighting IPO	Senco Gold IPO
Utkarsh Small Finance Bank IPO	Concord Biotech IPO
Senco Gold IPO	SBFC Finance IPO
Cyient DLM IPO	Yatharth Hospital IPO
ideaForge Technology IPO	Netweb Technologies India IPO
HMA Agro Industries IPO	Utkarsh Small Finance Bank IPO
Tata Technologies IPO	Cyient DLM IPO
Nexus Select Trust REIT	ideaForge Technology IPO
Mankind Pharma IPO	HMA Agro Industries IPO
Avalon Technologies IPO	IKIO Lighting IPO
Udayshivakumar Infra IPO	Tata Technologies IPO

Comments

Add a public comment...