ECO Mobility IPO vs Premier Energies IPO

Comparision between ECO Mobility IPO and Premier Energies IPO.

IPO Details

ECO Mobility IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ECO Mobility IPO	Premier Energies 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	Equirus Capital Private Limited Iifl Securities Ltd	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 ECO Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Premier Energies IPO is ₹450.00 per share.

	ECO Mobility IPO	Premier Energies IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹318.00 per share	₹427.00 per share
Issue Price (Upper)	₹334.00 per share	₹450.00 per share
Issue Price (Final)	₹334.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)		₹22.00 per share
Market Lot Size	44 shares	33 shares
Fresh Issue Size		2,86,97,777 shares
Fresh Issue Size (Amount)		up to ₹1,291.40 Cr
OFS Issue Size	1,80,00,000 shares	3,42,00,000 shares
OFS Issue Size (Amount)	up to ₹601.20 Cr	up to ₹1,539.00 Cr
Issue Size Total	1,80,00,000 shares	6,28,97,777 shares
Issue Size Total (Amount)	up to ₹601.20 Cr	up to ₹2,830.40 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of ECO Mobility IPO and Premier Energies IPO is Aug 30, 2024, and Aug 29, 2024, respectively.

	ECO Mobility IPO	Premier Energies IPO
Anchor Bid Date	Aug 27, 2024	Aug 26, 2024
Issue Open	Aug 28, 2024	Aug 27, 2024
Issue Close	Aug 30, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 01, 2024	Sep 28, 2024
Anchor Lockin End date 2	Nov 30, 2024	Nov 27, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Premier Energies IPO P/E ratio of 82.09.

ECO Mobility IPO

Premier Energies IPO

Financial

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

Premier Energies Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	21 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,735.50	3,554.13	2,110.69	1,341.49
Revenue	1,668.79	3,171.31	1,463.21	767.03
Profit After Tax	198.16	231.36	-13.34	-14.41
Net Worth	26.96	36.49	-0.24	-0.51
Reserves and Surplus	255.73	455.76	224.40	209.20
Total Borrowing	1,200.16	1,392.24	763.54	453.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.75%

72.22%

Promoter Shareholding (Post-Issue)

67.75%

66.03%

P/E Ratio

32.05

82.09

Market Cap

₹2004.00 Cr.

₹20284.33 Cr.

ROE

42.75%%

43.73%%

ROCE

42.88%%

25.65%%

Debt/Equity

0.12

1.86

EPS

₹10.42

₹5.48

RoNW

42.75%%

37.46%%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Premier Energies IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 1,25,35,111 shares in Premier Energies IPO.

	ECO Mobility IPO	Premier Energies IPO
Anchor Investor Reserveration	54,00,000 shares	1,88,02,666 shares
Market Maker Reserveration
QIB	36,00,000 shares	1,25,35,111 shares
NII	27,00,000 shares	94,01,333 shares
RII	63,00,000 shares	2,19,36,444 shares
Employee	0 shares	2,33,644 shares
Others
Total	1,26,00,000 shares	4,41,06,533 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Premier Energies IPO subscribed 75.00x.

	ECO Mobility IPO	Premier Energies IPO
QIB (times)	136.85x	212.42x
NII (times)	71.17x	50.98x
Big NII (times)	74.66x	58.00x
Small NII (times)	64.19x	36.96x
RII (times)	19.66x	7.44x
Employee (times)		11.32x
Other (times)
Total (times)	64.18x	75.00x

Compare with others

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

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