Bansal Wire IPO vs Ceigall India IPO

Comparision between Bansal Wire IPO and Ceigall India IPO.

IPO Details

Bansal Wire IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ceigall India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bansal Wire IPO	Ceigall India 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	SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)	ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited
Registrar	Kfin Technologies Limited	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 Bansal Wire IPO is up to ₹745.00 Cr whereas the issue size of the Ceigall India IPO is up to ₹1,252.66 Cr. The final issue price of Bansal Wire IPO is ₹256.00 per share and of Ceigall India IPO is ₹401.00 per share.

	Bansal Wire IPO	Ceigall India IPO
Face Value	₹5 per share	₹5 per share
Issue Price (Lower)	₹243.00 per share	₹380.00 per share
Issue Price (Upper)	₹256.00 per share	₹401.00 per share
Issue Price (Final)	₹256.00 per share	₹401.00 per share
Discount (Retail)
Discount (Employee)		₹38.00 per share
Market Lot Size	58 shares	37 shares
Fresh Issue Size	2,91,01,562 shares	1,70,63,640 shares
Fresh Issue Size (Amount)	up to ₹745.00 Cr	up to ₹684.25 Cr
OFS Issue Size		1,41,74,840 shares
OFS Issue Size (Amount)		up to ₹568.41 Cr
Issue Size Total	2,91,01,562 shares	3,12,38,480 shares
Issue Size Total (Amount)	up to ₹745.00 Cr	up to ₹1,252.66 Cr

IPO Timetable

Bansal Wire IPO opens on Jul 03, 2024, while Ceigall India IPO opens on Aug 01, 2024. The closing date of Bansal Wire IPO and Ceigall India IPO is Jul 05, 2024, and Aug 05, 2024, respectively.

	Bansal Wire IPO	Ceigall India IPO
Anchor Bid Date	Jul 02, 2024	Jul 31, 2024
Issue Open	Jul 03, 2024	Aug 01, 2024
Issue Close	Jul 05, 2024	Aug 05, 2024
Basis Of Allotment (Tentative)	Jul 08, 2024	Aug 06, 2024
Initiation of Refunds (Tentative)	Jul 09, 2024	Aug 07, 2024
Credit of Share (Tentative)	Jul 09, 2024	Aug 07, 2024
Listing date (Tentative)	Jul 10, 2024	Aug 08, 2024
Anchor Lockin End date 1	Aug 07, 2024	Sep 04, 2024
Anchor Lockin End date 2	Oct 06, 2024	Nov 03, 2024

Financials

Bansal Wire IPO P/E ratio is 41.41, as compared to Ceigall India IPO P/E ratio of 20.67.

Bansal Wire IPO

Ceigall India IPO

Financial

Bansal Wire Industries Limited Financial Information (Restated)

Bansal Wire Industries Limited's revenue increased by 1.99% and profit after tax (PAT) rose by 31.48% 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	1,264.01	749.05	695.48
Revenue	2,470.89	2,422.57	2,205.07
Profit After Tax	78.80	59.93	57.29
Net Worth	422.37	282.51	223.01
Reserves and Surplus	358.64	273.41	213.91
Total Borrowing	681.14	422.19	413.15
Amount in ₹ Crore

Ceigall India Limited Financial Information (Restated Consolidated)

Ceigall India Limited's revenue increased by 46.92% and profit after tax (PAT) rose by 81.81% 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	2,592.19	1,827.82	959.14
Revenue	3,066.19	2,087.04	1,146.50
Profit After Tax	304.91	167.70	126.43
Net Worth	906.41	593.06	431.25
Total Borrowing	1,811.02	1,252.58	652.12
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

73.60%

99.99%

Promoter Shareholding (Post-Issue)

59.92%

82.06%

P/E Ratio

41.41

20.67

Market Cap

₹4007.83 Cr.

₹6985.41 Cr.

ROE

21.19%%

33.57%%

ROCE

18.46%%

31.98%%

Debt/Equity

1.48

1.17

EPS

₹6.18

₹19.40

RoNW

18.27%%

33.57%%

Shares Offered

In the Bansal Wire IPO retail investors (RII) are offered 1,01,85,547 shares while in Ceigall India IPO retail investors are offered 1,01,85,547 shares. Qualified institutional buyers (QIB) are offered 58,20,313 shares in Bansal Wire IPO and 62,37,721 shares in Ceigall India IPO.

	Bansal Wire IPO	Ceigall India IPO
Anchor Investor Reserveration	87,30,468 shares	93,56,581 shares
Market Maker Reserveration
QIB	58,20,313 shares	62,37,721 shares
NII	43,65,234 shares	46,78,291 shares
RII	1,01,85,547 shares	1,09,16,012 shares
Employee	0 shares	55,096 shares
Others
Total	2,03,71,094 shares	2,18,87,120 shares

Bids Received (Subscription)

Bansal Wire IPO subscribed 62.76x in total, whereas Ceigall India IPO subscribed 14.01x.

	Bansal Wire IPO	Ceigall India IPO
QIB (times)	153.86x	31.26x
NII (times)	54.21x	14.83x
Big NII (times)	55.27x	16.28x
Small NII (times)	52.11x	11.92x
RII (times)	14.37x	3.82x
Employee (times)		11.84x
Other (times)
Total (times)	62.76x	14.01x

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Sanstar IPO	Brainbees Solutions (Firstcry) IPO
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