Apeejay Surrendra Park IPO vs Exicom Tele-Systems IPO

Comparision between Apeejay Surrendra Park IPO and Exicom Tele-Systems IPO.

IPO Details

Apeejay Surrendra Park IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Exicom Tele-Systems IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Apeejay Surrendra Park IPO	Exicom Tele-Systems 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	Monarch Networth Capital Ltd Unistone Capital Pvt Ltd Systematix Corporate Services 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 Apeejay Surrendra Park IPO is up to ₹920.00 Cr whereas the issue size of the Exicom Tele-Systems IPO is up to ₹429.00 Cr. The final issue price of Apeejay Surrendra Park IPO is ₹155.00 per share and of Exicom Tele-Systems IPO is ₹142.00 per share.

	Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹147.00 per share	₹135.00 per share
Issue Price (Upper)	₹155.00 per share	₹142.00 per share
Issue Price (Final)	₹155.00 per share	₹142.00 per share
Discount (Retail)
Discount (Employee)	₹7.00 per share
Market Lot Size	96 shares	100 shares
Fresh Issue Size	3,87,09,677 shares	2,31,69,014 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹329.00 Cr
OFS Issue Size	2,06,45,161 shares	70,42,200 shares
OFS Issue Size (Amount)	up to ₹320.00 Cr	up to ₹100.00 Cr
Issue Size Total	5,93,54,838 shares	3,02,11,214 shares
Issue Size Total (Amount)	up to ₹920.00 Cr	up to ₹429.00 Cr

IPO Timetable

Apeejay Surrendra Park IPO opens on Feb 05, 2024, while Exicom Tele-Systems IPO opens on Feb 27, 2024. The closing date of Apeejay Surrendra Park IPO and Exicom Tele-Systems IPO is Feb 07, 2024, and Feb 29, 2024, respectively.

	Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
Anchor Bid Date	Feb 02, 2024	Feb 26, 2024
Issue Open	Feb 05, 2024	Feb 27, 2024
Issue Close	Feb 07, 2024	Feb 29, 2024
Basis Of Allotment (Tentative)	Feb 08, 2024	Mar 01, 2024
Initiation of Refunds (Tentative)	Feb 09, 2024	Mar 04, 2024
Credit of Share (Tentative)	Feb 09, 2024	Mar 04, 2024
Listing date (Tentative)	Feb 12, 2024	Mar 05, 2024
Anchor Lockin End date 1	Mar 09, 2024	Mar 31, 2024
Anchor Lockin End date 2	May 08, 2024	May 30, 2024

Financials

Apeejay Surrendra Park IPO P/E ratio is 56.33, as compared to Exicom Tele-Systems IPO P/E ratio of 217.63.

Apeejay Surrendra Park IPO

Exicom Tele-Systems 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

Exicom Tele-Systems Limited Financial Information (Restated Consolidated)

Exicom Tele-Systems Limited's revenue decreased by -14.79% and profit after tax (PAT) rose by 24.07% 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	629.41	705.09	602.99	678.46
Revenue	467.21	723.40	848.96	524.36
Profit After Tax	27.46	6.37	5.14	3.45
Net Worth	311.40	232.00	221.57	213.44
Reserves and Surplus	204.95	213.61	207.39	201.55
Total Borrowing	72.84	117.92	107.67	101.76
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

94.18%

93.28%

Promoter Shareholding (Post-Issue)

68.13%

P/E Ratio

56.33

217.63

Market Cap

₹3307.26 Cr.

₹1715.71 Cr.

ROE

13.38%%

ROCE

10.92%%

Debt/Equity

0.99

EPS

₹2.75

₹0.65

RoNW

9.03%%

2.75%%

Shares Offered

In the Apeejay Surrendra Park IPO retail investors (RII) are offered 58,70,968 shares while in Exicom Tele-Systems 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 1,01,19,700 shares in Exicom Tele-Systems IPO.

	Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
Anchor Investor Reserveration	2,64,19,354 shares	1,25,38,800 shares
Market Maker Reserveration
QIB	1,76,12,903 shares	1,01,19,700 shares
NII	88,06,452 shares	45,31,600 shares
RII	58,70,968 shares	30,21,100 shares
Employee	6,75,675 shares	0 shares
Others
Total	3,29,65,998 shares	1,76,72,400 shares

Bids Received (Subscription)

Apeejay Surrendra Park IPO subscribed 62.91x in total, whereas Exicom Tele-Systems IPO subscribed 133.56x.

	Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
QIB (times)	79.23x	124.82x
NII (times)	55.26x	159.29x
Big NII (times)	61.55x	163.96x
Small NII (times)	42.68x	149.95x
RII (times)	32.00x	124.27x
Employee (times)	5.73x
Other (times)
Total (times)	62.91x	133.56x

Compare with others

Apeejay Surrendra Park IPO	Exicom Tele-Systems IPO
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Exicom Tele-Systems IPO	GPT Healthcare IPO
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Jana SFB IPO	Vibhor Steel Tubes IPO
Platinum Industries IPO	Entero Healthcare Solutions IPO
Rashi Peripherals IPO	Capital SFB IPO
BLS E-Services IPO	Jana SFB IPO
R K SWAMY IPO	Platinum Industries IPO
EPACK Durable IPO	Apeejay Surrendra Park IPO
Nova AgriTech IPO	Rashi Peripherals IPO

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