Shriram Properties IPO vs Tracxn Technologies IPO

Comparision between Shriram Properties IPO and Tracxn Technologies IPO.

IPO Details

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

	Shriram Properties IPO	Tracxn Technologies 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	Iifl Securities Ltd
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 Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of Shriram Properties IPO is ₹118.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

	Shriram Properties IPO	Tracxn Technologies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹113.00 per share	₹75.00 per share
Issue Price (Upper)	₹118.00 per share	₹80.00 per share
Issue Price (Final)	₹118.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)	₹11.00 per share
Market Lot Size	125 shares	185 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹250.00 Cr
OFS Issue Size		3,86,72,208 shares
OFS Issue Size (Amount)	up to ₹350.00 Cr	up to ₹309.38 Cr
Issue Size Total		3,86,72,208 shares
Issue Size Total (Amount)	up to ₹600.00 Cr	up to ₹309.38 Cr

IPO Timetable

Shriram Properties IPO opens on Dec 08, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of Shriram Properties IPO and Tracxn Technologies IPO is Dec 10, 2021, and Oct 12, 2022, respectively.

	Shriram Properties IPO	Tracxn Technologies IPO
Anchor Bid Date
Issue Open	Dec 08, 2021	Oct 10, 2022
Issue Close	Dec 10, 2021	Oct 12, 2022
Basis Of Allotment (Tentative)	Dec 15, 2021	Oct 17, 2022
Initiation of Refunds (Tentative)	Dec 16, 2021	Oct 18, 2022
Credit of Share (Tentative)	Dec 17, 2021	Oct 19, 2022
Listing date (Tentative)	Dec 20, 2021	Oct 20, 2022
Anchor Lockin End date 1	Jan 14, 2022	Nov 16, 2022
Anchor Lockin End date 2	Mar 15, 2022	Jan 15, 2023

Financials

Shriram Properties IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.

Shriram Properties IPO

Tracxn Technologies 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 Crore)
	30-Jun-22	30-Jun-21	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	56.78	49.93	54.01	48.46	52.38
Total Revenue	19.08	15.44	65.16	55.74	6.31
Profit After Tax	0.923	-0.837775	-4.852	-4.152	-54.826
Net Worth	22.98	22.04	20.64	22.22	-135.24
Reserves and surplus	12.95	21.14	10.61	21.32	-135.44

Promoter Shareholding (Pre-Issue)

32%

50.93%

Promoter Shareholding (Post-Issue)

28%

35.65%

P/E Ratio

240

Market Cap

₹802.48 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Shriram Properties IPO retail investors (RII) are offered 52,83,185 shares while in Tracxn Technologies 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 1,16,01,663 shares in Tracxn Technologies IPO.

	Shriram Properties IPO	Tracxn Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,58,49,559 shares	1,16,01,663 shares
NII	79,24,778 shares	58,00,831 shares
RII	52,83,185 shares	38,67,220 shares
Employee	2,94,117 shares	0 shares
Others
Total	2,93,51,639 shares	2,12,69,714 shares

Bids Received (Subscription)

Shriram Properties IPO subscribed 4.60x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

	Shriram Properties IPO	Tracxn Technologies IPO
QIB (times)	1.85x	1.66x
NII (times)	4.82x	0.80x
Big NII (times)		0.72x
Small NII (times)		0.94x
RII (times)	12.72x	4.87x
Employee (times)	1.25x
Other (times)
Total (times)	4.60x	2.01x

Compare with others

Shriram Properties IPO	Tracxn Technologies IPO
Tracxn Technologies IPO	LIC IPO
Supriya Lifescience IPO	Manyavar IPO
Medplus Health IPO	Delhivery IPO
HP Adhesives IPO	AGS Transact IPO
Metro Brands IPO	CMS Info Systems IPO
Data Patterns IPO	Supriya Lifescience IPO
RateGain IPO	Medplus Health IPO
MapmyIndia IPO	HP Adhesives IPO
Anand Rathi IPO	Metro Brands IPO
Tega Industries IPO	Shriram Properties IPO

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