Baazar Style Retail IPO vs ECO Mobility IPO

Comparision between Baazar Style Retail IPO and ECO Mobility IPO.

IPO Details

Baazar Style Retail IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while ECO Mobility IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Baazar Style Retail IPO	ECO Mobility 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 Intensive Fiscal Services Private Limited Jm Financial Limited	Equirus Capital Private Limited Iifl Securities Ltd
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 Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the ECO Mobility IPO is up to ₹601.20 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of ECO Mobility IPO is ₹334.00 per share.

	Baazar Style Retail IPO	ECO Mobility IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹370.00 per share	₹318.00 per share
Issue Price (Upper)	₹389.00 per share	₹334.00 per share
Issue Price (Final)	₹389.00 per share	₹334.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share
Market Lot Size	38 shares	44 shares
Fresh Issue Size	38,04,627 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr
OFS Issue Size	1,76,52,320 shares	1,80,00,000 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹601.20 Cr
Issue Size Total	2,14,56,947 shares	1,80,00,000 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹601.20 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while ECO Mobility IPO opens on Aug 28, 2024. The closing date of Baazar Style Retail IPO and ECO Mobility IPO is Sep 03, 2024, and Aug 30, 2024, respectively.

	Baazar Style Retail IPO	ECO Mobility IPO
Anchor Bid Date	Aug 29, 2024	Aug 27, 2024
Issue Open	Aug 30, 2024	Aug 28, 2024
Issue Close	Sep 03, 2024	Aug 30, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Sep 02, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Sep 03, 2024
Credit of Share (Tentative)	Sep 05, 2024	Sep 03, 2024
Listing date (Tentative)	Sep 06, 2024	Sep 04, 2024
Anchor Lockin End date 1	Oct 03, 2024	Oct 01, 2024
Anchor Lockin End date 2	Dec 02, 2024	Nov 30, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to ECO Mobility IPO P/E ratio of 32.05.

Baazar Style Retail IPO

ECO Mobility IPO

Financial

Baazar Style Retail Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	1,165.97
Revenue	982.83
Profit After Tax	21.94
Net Worth	212.56
Reserves and Surplus	180.2
Total Borrowing	178.23
Amount in ₹ Crore

ECOS (India) Mobility & Hospitality Limited Financial Information (Restated Consolidated)

ECOS (India) Mobility & Hospitality Limited's revenue increased by 34% and profit after tax (PAT) rose by 43% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	296.66	229.71	112.38
Revenue	568.21	425.43	151.55
Profit After Tax	62.53	43.59	9.87
Net Worth	177.41	115.13	71.56
Reserves and Surplus	165.41	115.07	71.5
Total Borrowing	21.72	32.95	3.34
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

55.03%

97.75%

Promoter Shareholding (Post-Issue)

45.6%

67.75%

P/E Ratio

125.54

32.05

Market Cap

₹2902.55 Cr.

₹2004.00 Cr.

ROE

10.74%%

42.75%%

ROCE

18.39%%

42.88%%

Debt/Equity

0.76

0.12

EPS

₹3.10

₹10.42

RoNW

10.32%%

42.75%%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in ECO Mobility IPO retail investors are offered 75,00,934 shares. Qualified institutional buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 36,00,000 shares in ECO Mobility IPO.

	Baazar Style Retail IPO	ECO Mobility IPO
Anchor Investor Reserveration	64,29,372 shares	54,00,000 shares
Market Maker Reserveration
QIB	42,86,248 shares	36,00,000 shares
NII	32,14,686 shares	27,00,000 shares
RII	75,00,934 shares	63,00,000 shares
Employee	28,248 shares	0 shares
Others
Total	1,50,30,116 shares	1,26,00,000 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas ECO Mobility IPO subscribed 64.18x.

	Baazar Style Retail IPO	ECO Mobility IPO
QIB (times)	81.83x	136.85x
NII (times)	59.41x	71.17x
Big NII (times)	69.27x	74.66x
Small NII (times)	39.68x	64.19x
RII (times)	9.07x	19.66x
Employee (times)	35.08x
Other (times)
Total (times)	40.63x	64.18x

Compare with others

Baazar Style Retail IPO	ECO Mobility IPO
P N Gadgil Jewellers IPO	Tolins Tyres IPO
Kross IPO	Shree Tirupati Balajee IPO
Tolins Tyres IPO	Gala Precision Engineering IPO
Shree Tirupati Balajee IPO	Baazar Style Retail IPO
Gala Precision Engineering IPO	Bajaj Housing Finance IPO
Bajaj Housing Finance IPO	Premier Energies IPO
ECO Mobility IPO	Interarch Building Products IPO
Premier Energies IPO	Orient Technologies IPO
Interarch Building Products IPO	Unicommerce eSolutions IPO
Orient Technologies IPO	Brainbees Solutions (Firstcry) IPO

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