Anand Rathi IPO vs Tega Industries IPO

Comparision between Anand Rathi IPO and Tega Industries IPO.

IPO Details

Anand Rathi 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.

	Anand Rathi 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	Anand Rathi Securities Limited Bnp Paribas Equirus Capital Private Limited Iifl Securities Ltd	Axis Capital Limited Jm Financial Limited
Registrar	Link Intime India Private Ltd	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 Anand Rathi IPO is up to ₹660.00 Cr whereas the issue size of the Tega Industries IPO is up to ₹619.23 Cr. The final issue price of Anand Rathi IPO is ₹550.00 per share and of Tega Industries IPO is ₹453.00 per share.

	Anand Rathi IPO	Tega Industries IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹530.00 per share	₹443.00 per share
Issue Price (Upper)	₹550.00 per share	₹453.00 per share
Issue Price (Final)	₹550.00 per share	₹453.00 per share
Discount (Retail)
Discount (Employee)	₹25.00 per share
Market Lot Size	27 shares	33 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	1,20,00,000 shares	1,36,69,478 shares
OFS Issue Size (Amount)	up to ₹660.00 Cr	up to ₹619.23 Cr
Issue Size Total		1,36,69,478 shares
Issue Size Total (Amount)	up to ₹660.00 Cr	up to ₹619.23 Cr

IPO Timetable

Anand Rathi IPO opens on Dec 02, 2021, while Tega Industries IPO opens on Dec 01, 2021. The closing date of Anand Rathi IPO and Tega Industries IPO is Dec 06, 2021, and Dec 03, 2021, respectively.

	Anand Rathi IPO	Tega Industries IPO
Anchor Bid Date
Issue Open	Dec 02, 2021	Dec 01, 2021
Issue Close	Dec 06, 2021	Dec 03, 2021
Basis Of Allotment (Tentative)	Dec 09, 2021	Dec 08, 2021
Initiation of Refunds (Tentative)	Dec 10, 2021	Dec 09, 2021
Credit of Share (Tentative)	Dec 13, 2021	Dec 10, 2021
Listing date (Tentative)	Dec 14, 2021	Dec 13, 2021
Anchor Lockin End date 1	Jan 08, 2022	Jan 07, 2022
Anchor Lockin End date 2	Mar 09, 2022	Mar 08, 2022

Financials

Anand Rathi IPO P/E ratio is , as compared to Tega Industries IPO P/E ratio of .

Anand Rathi IPO

Tega Industries IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Aug-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	4,023.24	3,394.42	4,090.64	2,308.27
Total Revenue	1,689.03	2,792.48	3,364.14	2,841.87
Profit After Tax	510.88	450.95	616.14	584.33

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)

74.73%

85.17%

Promoter Shareholding (Post-Issue)

48.82%

79.17%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Anand Rathi IPO retail investors (RII) are offered 41,12,500 shares while in Tega Industries IPO retail investors are offered 41,12,500 shares. Qualified institutional buyers (QIB) are offered 23,50,000 shares in Anand Rathi IPO and 27,33,896 shares in Tega Industries IPO.

	Anand Rathi IPO	Tega Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	23,50,000 shares	27,33,896 shares
NII	17,62,500 shares	20,50,422 shares
RII	41,12,500 shares	47,84,318 shares
Employee	2,50,000 shares	0 shares
Others
Total	84,75,000 shares	95,68,636 shares

Bids Received (Subscription)

Anand Rathi IPO subscribed 9.78x in total, whereas Tega Industries IPO subscribed 219.04x.

	Anand Rathi IPO	Tega Industries IPO
QIB (times)	2.50x	215.45x
NII (times)	25.42x	666.19x
Big NII (times)
Small NII (times)
RII (times)	7.76x	29.44x
Employee (times)	1.32x
Other (times)
Total (times)	9.78x	219.04x

Compare with others

Anand Rathi IPO	Tega Industries IPO
Metro Brands IPO	Shriram Properties IPO
Shriram Properties IPO	Data Patterns IPO
Data Patterns IPO	RateGain IPO
RateGain IPO	MapmyIndia IPO
MapmyIndia IPO	Anand Rathi IPO
Tega Industries IPO	Star Health IPO
Star Health IPO	GoColors IPO
GoColors IPO	Tarsons Products IPO
Tarsons Products IPO	Latent View Analytics IPO
Latent View Analytics IPO	Sapphire Foods IPO

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