ECO Mobility IPO vs Shree Tirupati Balajee IPO

Comparision between ECO Mobility IPO and Shree Tirupati Balajee IPO.

IPO Details

ECO Mobility IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shree Tirupati Balajee IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ECO Mobility IPO	Shree Tirupati Balajee 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	Pnb Investment Services Ltd Unistone Capital Pvt 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

Issue Size and Price

The total issue size of ECO Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Shree Tirupati Balajee IPO is up to ₹169.65 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Shree Tirupati Balajee IPO is ₹83.00 per share.

	ECO Mobility IPO	Shree Tirupati Balajee IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹318.00 per share	₹78.00 per share
Issue Price (Upper)	₹334.00 per share	₹83.00 per share
Issue Price (Final)	₹334.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	180 shares
Fresh Issue Size		1,47,50,000 shares
Fresh Issue Size (Amount)		up to ₹122.43 Cr
OFS Issue Size	1,80,00,000 shares	56,90,000 shares
OFS Issue Size (Amount)	up to ₹601.20 Cr	up to ₹47.23 Cr
Issue Size Total	1,80,00,000 shares	2,04,40,000 shares
Issue Size Total (Amount)	up to ₹601.20 Cr	up to ₹169.65 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Shree Tirupati Balajee IPO opens on Sep 05, 2024. The closing date of ECO Mobility IPO and Shree Tirupati Balajee IPO is Aug 30, 2024, and Sep 09, 2024, respectively.

	ECO Mobility IPO	Shree Tirupati Balajee IPO
Anchor Bid Date	Aug 27, 2024	Sep 04, 2024
Issue Open	Aug 28, 2024	Sep 05, 2024
Issue Close	Aug 30, 2024	Sep 09, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 10, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 11, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 11, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 12, 2024
Anchor Lockin End date 1	Oct 02, 2024	Oct 10, 2024
Anchor Lockin End date 2	Dec 01, 2024	Dec 09, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Shree Tirupati Balajee IPO P/E ratio of 15.37.

ECO Mobility IPO

Shree Tirupati Balajee 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

Shree Tirupati Balajee Agro Trading Company Limited Financial Information (Restated Consolidated)

Shree Tirupati Balajee Agro Trading Company Limited's revenue increased by 16% and profit after tax (PAT) rose by 74% 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	516.94	392.46	391.89
Revenue	552.82	478.14	453.79
Profit After Tax	36.07	20.72	13.66
Net Worth	173.07	110.21	92.23
Reserves and Surplus	106.24	109.05
Total Borrowing	243.69	223.81	240.06
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.75%

88.38%

Promoter Shareholding (Post-Issue)

67.75%

65.42%

P/E Ratio

32.05

15.37

Market Cap

₹2004.00 Cr.

₹677.04 Cr.

ROE

42.75%%

20.84%%

ROCE

42.88%%

16.29%%

Debt/Equity

0.12

1.41

EPS

₹10.42

₹5.40

RoNW

42.75%%

20.84%%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Shree Tirupati Balajee IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 40,88,000 shares in Shree Tirupati Balajee IPO.

	ECO Mobility IPO	Shree Tirupati Balajee IPO
Anchor Investor Reserveration	54,00,000 shares	61,32,000 shares
Market Maker Reserveration
QIB	36,00,000 shares	40,88,000 shares
NII	27,00,000 shares	30,66,000 shares
RII	63,00,000 shares	71,54,000 shares
Employee	0 shares	0 shares
Others
Total	1,26,00,000 shares	1,43,08,000 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Shree Tirupati Balajee IPO subscribed 18.34x.

	ECO Mobility IPO	Shree Tirupati Balajee IPO
QIB (times)	136.85x	4.69x
NII (times)	71.17x	28.64x
Big NII (times)	74.66x	27.84x
Small NII (times)	64.19x	30.24x
RII (times)	19.66x	21.73x
Employee (times)
Other (times)
Total (times)	64.18x	18.34x

Compare with others

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

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