GoColors IPO vs Tega Industries IPO

Comparision between GoColors IPO and Tega Industries IPO.

IPO Details

GoColors 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.

	GoColors 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	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Jm Financial Limited	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
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of GoColors IPO is up to ₹1,013.61 Cr whereas the issue size of the Tega Industries IPO is up to ₹619.23 Cr. The final issue price of GoColors IPO is ₹690.00 per share and of Tega Industries IPO is ₹453.00 per share.

	GoColors IPO	Tega Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹655.00 per share	₹443.00 per share
Issue Price (Upper)	₹690.00 per share	₹453.00 per share
Issue Price (Final)	₹690.00 per share	₹453.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	33 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹125.00 Cr
OFS Issue Size	1,28,78,389 shares	1,36,69,478 shares
OFS Issue Size (Amount)		up to ₹619.23 Cr
Issue Size Total		1,36,69,478 shares
Issue Size Total (Amount)	up to ₹1,013.61 Cr	up to ₹619.23 Cr

IPO Timetable

GoColors IPO opens on Nov 17, 2021, while Tega Industries IPO opens on Dec 01, 2021. The closing date of GoColors IPO and Tega Industries IPO is Nov 22, 2021, and Dec 03, 2021, respectively.

	GoColors IPO	Tega Industries IPO
Anchor Bid Date
Issue Open	Nov 17, 2021	Dec 01, 2021
Issue Close	Nov 22, 2021	Dec 03, 2021
Basis Of Allotment (Tentative)	Nov 25, 2021	Dec 08, 2021
Initiation of Refunds (Tentative)	Nov 26, 2021	Dec 09, 2021
Credit of Share (Tentative)	Nov 29, 2021	Dec 10, 2021
Listing date (Tentative)	Nov 30, 2021	Dec 13, 2021
Anchor Lockin End date 1	Dec 25, 2021	Jan 07, 2022
Anchor Lockin End date 2	Feb 23, 2022	Mar 08, 2022

Financials

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

GoColors IPO

Tega Industries IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	5,306.47	5,346.99	5,483.67	5,191.86	4,041.31
Total Revenue	402.92	207.44	2,822.52	3,968.39	2,909.79
Profit After Tax	(189.96)	(85.98)	(35.39)	526.34	309.41

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)

57.47%

85.17%

Promoter Shareholding (Post-Issue)

52.78%

79.17%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the GoColors IPO retail investors (RII) are offered 14,68,998 shares while in Tega Industries IPO retail investors are offered 14,68,998 shares. Qualified institutional buyers (QIB) are offered 44,06,996 shares in GoColors IPO and 27,33,896 shares in Tega Industries IPO.

	GoColors IPO	Tega Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	44,06,996 shares	27,33,896 shares
NII	22,03,497 shares	20,50,422 shares
RII	14,68,998 shares	47,84,318 shares
Employee	0 shares	0 shares
Others
Total	80,79,491 shares	95,68,636 shares

Bids Received (Subscription)

GoColors IPO subscribed 135.46x in total, whereas Tega Industries IPO subscribed 219.04x.

	GoColors IPO	Tega Industries IPO
QIB (times)	100.73x	215.45x
NII (times)	262.08x	666.19x
Big NII (times)
Small NII (times)
RII (times)	49.70x	29.44x
Employee (times)
Other (times)
Total (times)	135.46x	219.04x

Compare with others

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

Comments

Add a public comment...