CarTrade Tech IPO vs Rolex Rings IPO

Comparision between CarTrade Tech IPO and Rolex Rings IPO.

IPO Details

CarTrade Tech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rolex Rings IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CarTrade Tech IPO	Rolex Rings 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 Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Equirus Capital Private Limited Idbi Capital Market Services 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
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of CarTrade Tech IPO is up to ₹2,998.51 Cr whereas the issue size of the Rolex Rings IPO is up to ₹731.00 Cr. The final issue price of CarTrade Tech IPO is ₹1,618.00 per share and of Rolex Rings IPO is ₹900.00 per share.

	CarTrade Tech IPO	Rolex Rings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,585.00 per share	₹880.00 per share
Issue Price (Upper)	₹1,618.00 per share	₹900.00 per share
Issue Price (Final)	₹1,618.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	9 shares	16 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹56.00 Cr
OFS Issue Size	1,85,32,216 shares	75,00,000 shares
OFS Issue Size (Amount)	up to ₹2,998.51 Cr	up to ₹675.00 Cr
Issue Size Total	1,85,32,216 shares
Issue Size Total (Amount)	up to ₹2,998.51 Cr	up to ₹731.00 Cr

IPO Timetable

CarTrade Tech IPO opens on Aug 09, 2021, while Rolex Rings IPO opens on Jul 28, 2021. The closing date of CarTrade Tech IPO and Rolex Rings IPO is Aug 11, 2021, and Jul 30, 2021, respectively.

	CarTrade Tech IPO	Rolex Rings IPO
Anchor Bid Date
Issue Open	Aug 09, 2021	Jul 28, 2021
Issue Close	Aug 11, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Aug 17, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Aug 18, 2021	Aug 05, 2021
Credit of Share (Tentative)	Aug 20, 2021	Aug 06, 2021
Listing date (Tentative)	Aug 20, 2021	Aug 09, 2021
Anchor Lockin End date 1	Sep 16, 2021	Sep 03, 2021
Anchor Lockin End date 2	Nov 15, 2021	Nov 02, 2021

Financials

CarTrade Tech IPO P/E ratio is , as compared to Rolex Rings IPO P/E ratio of .

CarTrade Tech IPO

Rolex Rings IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,301.99	14,704.06	14,270.94
Total Revenue	2,815.23	3,184.45	2,668.05
Profit After Tax	1,010.74	312.94	259.17

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	7,969.24	6,861.73	7,822.57
Total Revenue	6,197.57	6,753.32	9,112.54
Profit After Tax	869.55	529.41	590.41

Promoter Shareholding (Pre-Issue)

58.99%

Promoter Shareholding (Post-Issue)

57.64%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CarTrade Tech IPO retail investors (RII) are offered 64,86,276 shares while in Rolex Rings IPO retail investors are offered 64,86,276 shares. Qualified institutional buyers (QIB) are offered 37,06,443 shares in CarTrade Tech IPO and 16,24,444 shares in Rolex Rings IPO.

	CarTrade Tech IPO	Rolex Rings IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,06,443 shares	16,24,444 shares
NII	27,79,833 shares	12,18,334 shares
RII	64,86,276 shares	28,42,778 shares
Employee	0 shares	0 shares
Others
Total	1,29,72,552 shares	56,85,556 shares

Bids Received (Subscription)

CarTrade Tech IPO subscribed 20.29x in total, whereas Rolex Rings IPO subscribed 130.44x.

	CarTrade Tech IPO	Rolex Rings IPO
QIB (times)	35.45x	143.58x
NII (times)	41.00x	360.11x
Big NII (times)
Small NII (times)
RII (times)	2.75x	24.49x
Employee (times)
Other (times)
Total (times)	20.29x	130.44x

Compare with others

CarTrade Tech IPO	Rolex Rings IPO
Vijaya Diagnostic IPO	CarTrade Tech IPO
Ami Organics IPO	Devyani International IPO
Chemplast Sanmar IPO	Windlas Biotech IPO
Aptus Value Housing Finance IPO	Exxaro Tiles IPO
Krsnaa Diagnostics IPO	Nuvoco IPO
Devyani International IPO	Paytm IPO
Windlas Biotech IPO	Tatva Chintan Pharma IPO
Exxaro Tiles IPO	Zomato IPO
Nuvoco IPO	Glenmark Life Sciences IPO
Rolex Rings IPO	Clean Science IPO

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