Apeejay Surrendra Park IPO vs EPACK Durable IPO

Comparision between Apeejay Surrendra Park IPO and EPACK Durable IPO.

IPO Details

Apeejay Surrendra Park IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while EPACK Durable IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Apeejay Surrendra Park IPO	EPACK Durable 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	Jm Financial Limited ICICI Securities Limited Axis Capital Limited	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) 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 Apeejay Surrendra Park IPO is up to ₹920.00 Cr whereas the issue size of the EPACK Durable IPO is up to ₹640.05 Cr. The final issue price of Apeejay Surrendra Park IPO is ₹155.00 per share and of EPACK Durable IPO is ₹230.00 per share.

	Apeejay Surrendra Park IPO	EPACK Durable IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹147.00 per share	₹218.00 per share
Issue Price (Upper)	₹155.00 per share	₹230.00 per share
Issue Price (Final)	₹155.00 per share	₹230.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	96 shares	65 shares
Fresh Issue Size	3,87,09,677 shares	1,73,91,304 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹400.00 Cr
OFS Issue Size	2,06,45,161 shares	1,04,37,047 shares
OFS Issue Size (Amount)	up to ₹320.00 Cr	up to ₹240.05 Cr
Issue Size Total	5,93,54,838 shares	2,78,28,351 shares
Issue Size Total (Amount)	up to ₹920.00 Cr	up to ₹640.05 Cr

IPO Timetable

Apeejay Surrendra Park IPO opens on Feb 05, 2024, while EPACK Durable IPO opens on Jan 19, 2024. The closing date of Apeejay Surrendra Park IPO and EPACK Durable IPO is Feb 07, 2024, and Jan 24, 2024, respectively.

	Apeejay Surrendra Park IPO	EPACK Durable IPO
Anchor Bid Date	Feb 02, 2024	Jan 18, 2024
Issue Open	Feb 05, 2024	Jan 19, 2024
Issue Close	Feb 07, 2024	Jan 24, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Jan 25, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Jan 29, 2024
Credit of Share (Tentative)	Feb 09, 2024	Jan 29, 2024
Listing date (Tentative)	Feb 12, 2024	Jan 30, 2024
Anchor Lockin End date 1	Mar 09, 2024	Feb 24, 2024
Anchor Lockin End date 2	May 08, 2024	Apr 24, 2024

Financials

Apeejay Surrendra Park IPO P/E ratio is 56.33, as compared to EPACK Durable IPO P/E ratio of 56.4.

Apeejay Surrendra Park IPO

EPACK Durable IPO

Financial

Apeejay Surrendra Park Hotels Limited Financial Information (Restated Consolidated)

Apeejay Surrendra Park Hotels Limited's revenue increased by 95.81% and profit after tax (PAT) rose by 270.42% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,382.51	1,361.79	1,275.18	1,280.34
Revenue	272.31	524.43	267.83	190.29
Profit After Tax	22.95	48.06	-28.20	-75.88
Net Worth	578.71	555.68	508.51	536.28
Reserves and Surplus	561.24	538.22	491.05	518.81
Total Borrowing	597.09	566.88	622.68	593.44
Amount in ₹ Crore

EPACK Durable Limited Financial Information (Restated)

EPACK Durable Limited's revenue increased by 66.09% and profit after tax (PAT) rose by 83.39% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,071.45	1,464.16	1,076.68	520.37
Revenue	616.32	1,540.25	927.34	739.66
Profit After Tax	2.65	31.97	17.43	7.80
Net Worth	478.31	313.62	121.87	68.91
Total Borrowing	369.57	492.45	383.98	238.56
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

94.18%

85.49%

Promoter Shareholding (Post-Issue)

68.13%

65.36%

P/E Ratio

56.33

56.4

Market Cap

₹3307.26 Cr.

₹2203.37 Cr.

ROE

14.68%%

ROCE

11.85%%

Debt/Equity

0.99

1.58

EPS

₹2.75

₹4.08

RoNW

9.03%%

14.68%%

Shares Offered

In the Apeejay Surrendra Park IPO retail investors (RII) are offered 58,70,968 shares while in EPACK Durable IPO retail investors are offered 58,70,968 shares. Qualified institutional buyers (QIB) are offered 1,76,12,903 shares in Apeejay Surrendra Park IPO and 55,65,670 shares in EPACK Durable IPO.

	Apeejay Surrendra Park IPO	EPACK Durable IPO
Anchor Investor Reserveration	2,64,19,354 shares	83,48,504 shares
Market Maker Reserveration
QIB	1,76,12,903 shares	55,65,670 shares
NII	88,06,452 shares	41,74,253 shares
RII	58,70,968 shares	97,39,923 shares
Employee	6,75,675 shares	0 shares
Others
Total	3,29,65,998 shares	1,94,79,846 shares

Bids Received (Subscription)

Apeejay Surrendra Park IPO subscribed 62.91x in total, whereas EPACK Durable IPO subscribed 16.79x.

	Apeejay Surrendra Park IPO	EPACK Durable IPO
QIB (times)	79.23x	25.59x
NII (times)	55.26x	29.07x
Big NII (times)	61.55x	31.60x
Small NII (times)	42.68x	21.74x
RII (times)	32.00x	6.50x
Employee (times)	5.73x
Other (times)
Total (times)	62.91x	16.79x

Compare with others

Apeejay Surrendra Park IPO	EPACK Durable IPO
Entero Healthcare Solutions IPO	Platinum Industries IPO
Exicom Tele-Systems IPO	Apeejay Surrendra Park IPO
Capital SFB IPO	Rashi Peripherals IPO
Jana SFB IPO	BLS E-Services IPO
Platinum Industries IPO	R K SWAMY IPO
Rashi Peripherals IPO	Nova AgriTech IPO
BLS E-Services IPO	Medi Assist Healthcare IPO
R K SWAMY IPO	Jyoti CNC Automation IPO
EPACK Durable IPO	Innova Captab IPO
Nova AgriTech IPO	Azad Engineering IPO

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