ECO Mobility IPO vs Tolins Tyres IPO

Comparision between ECO Mobility IPO and Tolins Tyres IPO.

IPO Details

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

	ECO Mobility IPO	Tolins Tyres 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	Saffron Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Cameo Corporate Services 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 Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

	ECO Mobility IPO	Tolins Tyres IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹318.00 per share	₹215.00 per share
Issue Price (Upper)	₹334.00 per share	₹226.00 per share
Issue Price (Final)	₹334.00 per share	₹226.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	66 shares
Fresh Issue Size		88,49,558 shares
Fresh Issue Size (Amount)		up to ₹200.00 Cr
OFS Issue Size	1,80,00,000 shares	13,27,434 shares
OFS Issue Size (Amount)	up to ₹601.20 Cr	up to ₹30.00 Cr
Issue Size Total	1,80,00,000 shares	1,01,76,992 shares
Issue Size Total (Amount)	up to ₹601.20 Cr	up to ₹230.00 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of ECO Mobility IPO and Tolins Tyres IPO is Aug 30, 2024, and Sep 11, 2024, respectively.

	ECO Mobility IPO	Tolins Tyres IPO
Anchor Bid Date	Aug 27, 2024	Sep 06, 2024
Issue Open	Aug 28, 2024	Sep 09, 2024
Issue Close	Aug 30, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 16, 2024
Anchor Lockin End date 1	Oct 01, 2024	Oct 12, 2024
Anchor Lockin End date 2	Nov 30, 2024	Dec 12, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Tolins Tyres IPO P/E ratio of 26.64.

ECO Mobility IPO

Tolins Tyres 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

Tolins Tyres Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	221.6
Revenue	228.69
Profit After Tax	26.01
Net Worth	100.53
Reserves and Surplus	85.07
Total Borrowing	78.77
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.75%

92.64%

Promoter Shareholding (Post-Issue)

67.75%

68.53%

P/E Ratio

32.05

26.64

Market Cap

₹2004.00 Cr.

₹892.90 Cr.

ROE

42.75%%

25.87%%

ROCE

42.88%%

36.08%%

Debt/Equity

0.12

0.78

EPS

₹10.42

₹8.48

RoNW

42.75%%

25.87%%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Tolins Tyres IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 20,35,398 shares in Tolins Tyres IPO.

	ECO Mobility IPO	Tolins Tyres IPO
Anchor Investor Reserveration	54,00,000 shares	30,53,097 shares
Market Maker Reserveration
QIB	36,00,000 shares	20,35,398 shares
NII	27,00,000 shares	15,26,549 shares
RII	63,00,000 shares	35,61,947 shares
Employee	0 shares	0 shares
Others
Total	1,26,00,000 shares	71,23,894 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Tolins Tyres IPO subscribed 25.03x.

	ECO Mobility IPO	Tolins Tyres IPO
QIB (times)	136.85x	26.72x
NII (times)	71.17x	28.80x
Big NII (times)	74.66x	26.39x
Small NII (times)	64.19x	33.63x
RII (times)	19.66x	22.45x
Employee (times)
Other (times)
Total (times)	64.18x	25.03x

Compare with others

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

Comments

Add a public comment...