Concord Biotech IPO vs Pyramid Technoplast IPO

Comparision between Concord Biotech IPO and Pyramid Technoplast IPO.

IPO Details

Concord Biotech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Pyramid Technoplast IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Concord Biotech IPO	Pyramid Technoplast 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	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jefferies India Private Limited	Pnb Investment Services Ltd First Overseas Capital Limited
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 Concord Biotech IPO is up to ₹1,551.00 Cr whereas the issue size of the Pyramid Technoplast IPO is up to ₹153.05 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of Pyramid Technoplast IPO is ₹166.00 per share.

	Concord Biotech IPO	Pyramid Technoplast IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹705.00 per share	₹151.00 per share
Issue Price (Upper)	₹741.00 per share	₹166.00 per share
Issue Price (Final)	₹741.00 per share	₹166.00 per share
Discount (Retail)
Discount (Employee)	₹70.00 per share
Market Lot Size	20 shares	90 shares
Fresh Issue Size		55,00,000 shares
Fresh Issue Size (Amount)		up to ₹91.30 Cr
OFS Issue Size	2,09,25,652 shares	37,20,000 shares
OFS Issue Size (Amount)	up to ₹1,551.00 Cr	up to ₹61.75 Cr
Issue Size Total	2,09,25,652 shares	92,20,000 shares
Issue Size Total (Amount)	up to ₹1,551.00 Cr	up to ₹153.05 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while Pyramid Technoplast IPO opens on Aug 18, 2023. The closing date of Concord Biotech IPO and Pyramid Technoplast IPO is Aug 08, 2023, and Aug 22, 2023, respectively.

	Concord Biotech IPO	Pyramid Technoplast IPO
Anchor Bid Date	Aug 03, 2023	Aug 17, 2023
Issue Open	Aug 04, 2023	Aug 18, 2023
Issue Close	Aug 08, 2023	Aug 22, 2023
Basis Of Allotment (Tentative)	Aug 11, 2023	Aug 25, 2023
Initiation of Refunds (Tentative)	Aug 14, 2023	Aug 28, 2023
Credit of Share (Tentative)	Aug 17, 2023	Aug 29, 2023
Listing date (Tentative)	Aug 18, 2023	Aug 29, 2023
Anchor Lockin End date 1	Sep 10, 2023	Sep 24, 2023
Anchor Lockin End date 2	Nov 09, 2023	Nov 23, 2023

Financials

Concord Biotech IPO P/E ratio is 32.29, as compared to Pyramid Technoplast IPO P/E ratio of 16.21.

Concord Biotech IPO

Pyramid Technoplast IPO

Financial

Concord Biotech IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,182.55	1,312.80	1,513.98
Revenue	630.75	736.35	888.48
Profit After Tax	234.89	174.93	240.08
Net Worth	999.37	1,103.22	1,290.00
Reserves and Surplus
Total Borrowing	86.35	60.59	31.24

Amount in ₹ Crore

Pyramid Technoplast IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	153.46	183.76	225.78
Revenue	316.18	402.64	482.03
Profit After Tax	16.99	26.15	31.76
Net Worth	48.85	75.20	107.25
Reserves and Surplus	44.94	71.29	75.97
Total Borrowing	51.30	64.77	55.34

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

44.08%

100.00%

Promoter Shareholding (Post-Issue)

44.08%

74.94%

P/E Ratio

32.29

16.21

Market Cap

₹7752.06 Cr.

₹611.00 Cr.

ROE

20.06%%

29.61%%

ROCE

24.27%%

21.37%%

Debt/Equity

EPS

₹20.79

₹10.24

RoNW

20%%

29.61%%

Shares Offered

In the Concord Biotech IPO retail investors (RII) are offered 73,20,479 shares while in Pyramid Technoplast IPO retail investors are offered 73,20,479 shares. Qualified institutional buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 11,06,400 shares in Pyramid Technoplast IPO.

	Concord Biotech IPO	Pyramid Technoplast IPO
Anchor Investor Reserveration	62,74,695 shares	16,59,600 shares
Market Maker Reserveration
QIB	41,83,130 shares	11,06,400 shares
NII	31,37,348 shares	18,44,000 shares
RII	73,20,479 shares	46,10,000 shares
Employee	10,000 shares	0 shares
Others
Total	1,46,50,957 shares	75,60,400 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas Pyramid Technoplast IPO subscribed 18.29x.

	Concord Biotech IPO	Pyramid Technoplast IPO
QIB (times)	67.67x	9.94x
NII (times)	16.99x	32.24x
Big NII (times)	19.30x	33.81x
Small NII (times)	12.37x	29.09x
RII (times)	3.78x	14.72x
Employee (times)	24.48x
Other (times)
Total (times)	24.87x	18.29x

Compare with others

Concord Biotech IPO	Pyramid Technoplast IPO
Aeroflex Industries IPO	Jupiter Life Line Hospitals IPO
Pyramid Technoplast IPO	Rishabh Instruments IPO
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TVS Supply Chain Solutions IPO	Aeroflex Industries IPO
SBFC Finance IPO	India Shelter Finance IPO
Yatharth Hospital IPO	Balaji Speciality Chemicals IPO
Netweb Technologies India IPO	TVS Supply Chain Solutions IPO
Utkarsh Small Finance Bank IPO	Concord Biotech IPO
Senco Gold IPO	SBFC Finance IPO

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