Ceigall India IPO vs Orient Technologies IPO

Comparision between Ceigall India IPO and Orient Technologies IPO.

IPO Details

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

	Ceigall India IPO	Orient Technologies 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	ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited	Elara Capital (India) Private Limited
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 Ceigall India IPO is up to ₹1,252.66 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of Ceigall India IPO is ₹401.00 per share and of Orient Technologies IPO is ₹206.00 per share.

	Ceigall India IPO	Orient Technologies IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹380.00 per share	₹195.00 per share
Issue Price (Upper)	₹401.00 per share	₹206.00 per share
Issue Price (Final)	₹401.00 per share	₹206.00 per share
Discount (Retail)
Discount (Employee)	₹38.00 per share
Market Lot Size	37 shares	72 shares
Fresh Issue Size	1,70,63,640 shares	58,25,243 shares
Fresh Issue Size (Amount)	up to ₹684.25 Cr	up to ₹120.00 Cr
OFS Issue Size	1,41,74,840 shares	46,00,000 shares
OFS Issue Size (Amount)	up to ₹568.41 Cr	up to ₹94.76 Cr
Issue Size Total	3,12,38,480 shares	1,04,25,243 shares
Issue Size Total (Amount)	up to ₹1,252.66 Cr	up to ₹214.76 Cr

IPO Timetable

Ceigall India IPO opens on Aug 01, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of Ceigall India IPO and Orient Technologies IPO is Aug 05, 2024, and Aug 23, 2024, respectively.

	Ceigall India IPO	Orient Technologies IPO
Anchor Bid Date	Jul 31, 2024	Aug 19, 2024
Issue Open	Aug 01, 2024	Aug 21, 2024
Issue Close	Aug 05, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Aug 06, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Aug 07, 2024	Aug 27, 2024
Credit of Share (Tentative)	Aug 07, 2024	Aug 27, 2024
Listing date (Tentative)	Aug 08, 2024	Aug 28, 2024
Anchor Lockin End date 1	Sep 04, 2024	Sep 24, 2024
Anchor Lockin End date 2	Nov 03, 2024	Nov 23, 2024

Financials

Ceigall India IPO P/E ratio is 20.67, as compared to Orient Technologies IPO P/E ratio of 17.8.

Ceigall India IPO

Orient Technologies IPO

Financial

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

Orient Technologies Limited Financial Information (Restated)

Orient Technologies Limited's revenue increased by 12% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	311.14	215.25	176.32	112.45
Revenue	606.86	542.01	469.12	248.96
Profit After Tax	41.45	38.3	33.49	0.13
Net Worth	175.31	128.82	94.11	61.29
Reserves and Surplus	138.79	111.32	76.61	44.79
Total Borrowing	4.82	12.86	2.28	9.22
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

99.99%

97.96%

Promoter Shareholding (Post-Issue)

82.06%

73.21%

P/E Ratio

20.67

17.8

Market Cap

₹6985.41 Cr.

₹857.82 Cr.

ROE

33.57%%

27.26%

ROCE

31.98%%

28.42%

Debt/Equity

1.17

EPS

₹19.40

₹11.57

RoNW

33.57%%

23.64%

Shares Offered

In the Ceigall India IPO retail investors (RII) are offered 1,09,16,012 shares while in Orient Technologies IPO retail investors are offered 1,09,16,012 shares. Qualified institutional buyers (QIB) are offered 62,37,721 shares in Ceigall India IPO and 20,85,049 shares in Orient Technologies IPO.

	Ceigall India IPO	Orient Technologies IPO
Anchor Investor Reserveration	93,56,581 shares	31,27,522 shares
Market Maker Reserveration
QIB	62,37,721 shares	20,85,049 shares
NII	46,78,291 shares	15,63,786 shares
RII	1,09,16,012 shares	36,48,835 shares
Employee	55,096 shares	0 shares
Others
Total	2,18,87,120 shares	72,97,670 shares

Bids Received (Subscription)

Ceigall India IPO subscribed 14.01x in total, whereas Orient Technologies IPO subscribed 154.84x.

	Ceigall India IPO	Orient Technologies IPO
QIB (times)	31.26x	188.79x
NII (times)	14.83x	310.03x
Big NII (times)	16.28x	343.45x
Small NII (times)	11.92x	243.20x
RII (times)	3.82x	68.93x
Employee (times)	11.84x
Other (times)
Total (times)	14.01x	154.84x

Compare with others

Ceigall India IPO	Orient Technologies IPO
Premier Energies IPO	Baazar Style Retail IPO
Interarch Building Products IPO	Bajaj Housing Finance IPO
Orient Technologies IPO	ECO Mobility IPO
Unicommerce eSolutions IPO	Premier Energies IPO
Brainbees Solutions (Firstcry) IPO	Interarch Building Products IPO
Akums Drugs and Pharmaceuticals IPO	Unicommerce eSolutions IPO
Sanstar IPO	Brainbees Solutions (Firstcry) IPO
Bansal Wire IPO	Ceigall India IPO
Emcure Pharma IPO	Akums Drugs and Pharmaceuticals IPO
OLA Electric IPO	Sanstar IPO

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