Shriram Properties IPO vs Tega Industries IPO

Comparision between Shriram Properties IPO and Tega Industries IPO.

IPO Details

Shriram Properties IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tega Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Shriram Properties IPO	Tega 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	Axis Capital Limited ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Axis Capital 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 Shriram Properties IPO is up to ₹600.00 Cr whereas the issue size of the Tega Industries IPO is up to ₹619.23 Cr. The final issue price of Shriram Properties IPO is ₹118.00 per share and of Tega Industries IPO is ₹453.00 per share.

	Shriram Properties IPO	Tega Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹113.00 per share	₹443.00 per share
Issue Price (Upper)	₹118.00 per share	₹453.00 per share
Issue Price (Final)	₹118.00 per share	₹453.00 per share
Discount (Retail)
Discount (Employee)	₹11.00 per share
Market Lot Size	125 shares	33 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹250.00 Cr
OFS Issue Size		1,36,69,478 shares
OFS Issue Size (Amount)	up to ₹350.00 Cr	up to ₹619.23 Cr
Issue Size Total		1,36,69,478 shares
Issue Size Total (Amount)	up to ₹600.00 Cr	up to ₹619.23 Cr

IPO Timetable

Shriram Properties IPO opens on Dec 08, 2021, while Tega Industries IPO opens on Dec 01, 2021. The closing date of Shriram Properties IPO and Tega Industries IPO is Dec 10, 2021, and Dec 03, 2021, respectively.

	Shriram Properties IPO	Tega Industries IPO
Anchor Bid Date
Issue Open	Dec 08, 2021	Dec 01, 2021
Issue Close	Dec 10, 2021	Dec 03, 2021
Basis Of Allotment (Tentative)	Dec 15, 2021	Dec 08, 2021
Initiation of Refunds (Tentative)	Dec 16, 2021	Dec 09, 2021
Credit of Share (Tentative)	Dec 17, 2021	Dec 10, 2021
Listing date (Tentative)	Dec 20, 2021	Dec 13, 2021
Anchor Lockin End date 1	Jan 14, 2022	Jan 07, 2022
Anchor Lockin End date 2	Mar 15, 2022	Mar 08, 2022

Financials

Shriram Properties IPO P/E ratio is , as compared to Tega Industries IPO P/E ratio of .

Shriram Properties IPO

Tega Industries IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	32,933.63	32,994.87	34,173.03	33,656.31
Total Revenue	1,551.50	5,013.08	6,318.43	7,237.80
Profit After Tax	- 600.33	- 681.78	- 863.93	487.91

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	10,561.72	10,183.39	8,873.15	7,902.68
Total Revenue	1,793.86	8,566.84	6,955.42	6,430.13
Profit After Tax	118.82	1,364.05	655.04	326.70

Promoter Shareholding (Pre-Issue)

32%

85.17%

Promoter Shareholding (Post-Issue)

28%

79.17%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Shriram Properties IPO retail investors (RII) are offered 52,83,185 shares while in Tega Industries IPO retail investors are offered 52,83,185 shares. Qualified institutional buyers (QIB) are offered 1,58,49,559 shares in Shriram Properties IPO and 27,33,896 shares in Tega Industries IPO.

	Shriram Properties IPO	Tega Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,58,49,559 shares	27,33,896 shares
NII	79,24,778 shares	20,50,422 shares
RII	52,83,185 shares	47,84,318 shares
Employee	2,94,117 shares	0 shares
Others
Total	2,93,51,639 shares	95,68,636 shares

Bids Received (Subscription)

Shriram Properties IPO subscribed 4.60x in total, whereas Tega Industries IPO subscribed 219.04x.

	Shriram Properties IPO	Tega Industries IPO
QIB (times)	1.85x	215.45x
NII (times)	4.82x	666.19x
Big NII (times)
Small NII (times)
RII (times)	12.72x	29.44x
Employee (times)	1.25x
Other (times)
Total (times)	4.60x	219.04x

Compare with others

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Data Patterns IPO	Star Health IPO
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MapmyIndia IPO	Tarsons Products IPO
Anand Rathi IPO	Latent View Analytics IPO
Tega Industries IPO	Sapphire Foods IPO

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