IKIO Lighting IPO vs Udayshivakumar Infra IPO

Comparision between IKIO Lighting IPO and Udayshivakumar Infra IPO.

IPO Details

IKIO Lighting IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	IKIO Lighting IPO	Udayshivakumar Infra 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	Motilal Oswal Investment Advisors Limited	Saffron Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Mas Services Limited
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 IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

	IKIO Lighting IPO	Udayshivakumar Infra IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹270.00 per share	₹33.00 per share
Issue Price (Upper)	₹285.00 per share	₹35.00 per share
Issue Price (Final)	₹285.00 per share	₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	52 shares	428 shares
Fresh Issue Size	1,22,80,701 shares	2,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹350.00 Cr	up to ₹66.00 Cr
OFS Issue Size	90,00,000 shares
OFS Issue Size (Amount)	up to ₹256.50 Cr
Issue Size Total	2,12,80,701 shares	2,00,00,000 shares
Issue Size Total (Amount)	up to ₹606.50 Cr	up to ₹66.00 Cr

IPO Timetable

IKIO Lighting IPO opens on Jun 06, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of IKIO Lighting IPO and Udayshivakumar Infra IPO is Jun 08, 2023, and Mar 23, 2023, respectively.

	IKIO Lighting IPO	Udayshivakumar Infra IPO
Anchor Bid Date	Jun 05, 2023	Mar 17, 2023
Issue Open	Jun 06, 2023	Mar 20, 2023
Issue Close	Jun 08, 2023	Mar 23, 2023
Basis Of Allotment (Tentative)	Jun 13, 2023	Mar 28, 2023
Initiation of Refunds (Tentative)	Jun 14, 2023	Mar 29, 2023
Credit of Share (Tentative)	Jun 15, 2023	Mar 31, 2023
Listing date (Tentative)	Jun 16, 2023	Apr 03, 2023
Anchor Lockin End date 1	Jul 13, 2023	Apr 27, 2023
Anchor Lockin End date 2	Sep 11, 2023	Jun 26, 2023

Financials

IKIO Lighting IPO P/E ratio is 32.13, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

IKIO Lighting IPO

Udayshivakumar Infra IPO

Financial

IKIO Lighting Limited Financial Information (Proforma Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	144.83	221.83	21.41	35.90	46.86
31-Mar-21	174.45	214.57	28.81	62.86	69.36
31-Mar-22	264.87	334.00	50.52	108.87	106.56
31-Dec-22	335.50	332.79	51.35	140.83	136.33
Amount in ₹ Crore

Udayshivakumar Infra Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	158.26	194.41	10.49	46.87	33.95
31-Mar-21	146.82	211.11	9.32	56.18	30.60
31-Mar-22	162.61	186.39	12.15	68.32	26.48
30-Sep-22	178.90	107.14	10.02	78.34	39.46
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

Promoter Shareholding (Post-Issue)

72.46%

65.9%

P/E Ratio

32.13

9.67

Market Cap

₹2202.50 Cr.

₹193.75 Cr.

ROE

36.00%%

17.80%%

ROCE

26.00%%

20.71%%

Debt/Equity

1.03

0.16

EPS

₹7.90

RoNW

36.46%%

Shares Offered

In the IKIO Lighting IPO retail investors (RII) are offered 74,48,246 shares while in Udayshivakumar Infra IPO retail investors are offered 74,48,246 shares. Qualified institutional buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 18,85,715 shares in Udayshivakumar Infra IPO.

	IKIO Lighting IPO	Udayshivakumar Infra IPO
Anchor Investor Reserveration	63,84,209 shares
Market Maker Reserveration
QIB	42,56,140 shares	18,85,715 shares
NII	31,92,107 shares	56,57,142 shares
RII	74,48,246 shares	1,13,14,285 shares
Employee	0 shares	0 shares
Others
Total	1,48,96,493 shares	1,88,57,142 shares

Bids Received (Subscription)

IKIO Lighting IPO subscribed 67.75x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

	IKIO Lighting IPO	Udayshivakumar Infra IPO
QIB (times)	163.06x	42.92x
NII (times)	65.38x	64.08x
Big NII (times)	69.01x	63.54x
Small NII (times)	58.13x	65.14x
RII (times)	14.31x	14.95x
Employee (times)
Other (times)
Total (times)	67.75x	32.49x

Compare with others

IKIO Lighting IPO	Udayshivakumar Infra IPO
Utkarsh Small Finance Bank IPO	IKIO Lighting IPO
Senco Gold IPO	Tata Technologies IPO
Cyient DLM IPO	Nexus Select Trust REIT
ideaForge Technology IPO	Mankind Pharma IPO
HMA Agro Industries IPO	Avalon Technologies IPO
Tata Technologies IPO	Global Surfaces IPO
Nexus Select Trust REIT	Divgi TorqTransfer Systems IPO
Mankind Pharma IPO	Signatureglobal India IPO
Avalon Technologies IPO	Radiant Cash Management IPO
Udayshivakumar Infra IPO	KFin Technologies IPO

Comments

Add a public comment...