CarTrade Tech IPO vs Exxaro Tiles IPO

Comparision between CarTrade Tech IPO and Exxaro Tiles IPO.

IPO Details

CarTrade Tech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Exxaro Tiles IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CarTrade Tech IPO	Exxaro Tiles 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	Axis Capital Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of CarTrade Tech IPO is up to ₹2,998.51 Cr whereas the issue size of the Exxaro Tiles IPO is up to ₹161.09 Cr. The final issue price of CarTrade Tech IPO is ₹1,618.00 per share and of Exxaro Tiles IPO is ₹120.00 per share.

	CarTrade Tech IPO	Exxaro Tiles IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹1,585.00 per share	₹118.00 per share
Issue Price (Upper)	₹1,618.00 per share	₹120.00 per share
Issue Price (Final)	₹1,618.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)		₹12.00 per share
Market Lot Size	9 shares	125 shares
Fresh Issue Size		1,11,86,000 shares
Fresh Issue Size (Amount)		up to ₹134.23 Cr
OFS Issue Size	1,85,32,216 shares	22,38,000 shares
OFS Issue Size (Amount)	up to ₹2,998.51 Cr	up to ₹26.86 Cr
Issue Size Total	1,85,32,216 shares	1,34,24,000 shares
Issue Size Total (Amount)	up to ₹2,998.51 Cr	up to ₹161.09 Cr

IPO Timetable

CarTrade Tech IPO opens on Aug 09, 2021, while Exxaro Tiles IPO opens on Aug 04, 2021. The closing date of CarTrade Tech IPO and Exxaro Tiles IPO is Aug 11, 2021, and Aug 06, 2021, respectively.

	CarTrade Tech IPO	Exxaro Tiles IPO
Anchor Bid Date
Issue Open	Aug 09, 2021	Aug 04, 2021
Issue Close	Aug 11, 2021	Aug 06, 2021
Basis Of Allotment (Tentative)	Aug 17, 2021	Aug 11, 2021
Initiation of Refunds (Tentative)	Aug 18, 2021	Aug 12, 2021
Credit of Share (Tentative)	Aug 20, 2021	Aug 13, 2021
Listing date (Tentative)	Aug 20, 2021	Aug 16, 2021
Anchor Lockin End date 1	Sep 16, 2021	Sep 10, 2021
Anchor Lockin End date 2	Nov 15, 2021	Nov 09, 2021

Financials

CarTrade Tech IPO P/E ratio is , as compared to Exxaro Tiles IPO P/E ratio of .

CarTrade Tech IPO

Exxaro Tiles IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,301.99	14,704.06	14,270.94
Total Revenue	2,815.23	3,184.45	2,668.05
Profit After Tax	1,010.74	312.94	259.17

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	3,693.14	3,870.55	3,582.55
Total Revenue	2,598.53	2,439.64	2,440.06
Profit After Tax	152.23	112.59	89.17

Promoter Shareholding (Pre-Issue)

56.09%

Promoter Shareholding (Post-Issue)

42.5%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CarTrade Tech IPO retail investors (RII) are offered 64,86,276 shares while in Exxaro Tiles IPO retail investors are offered 64,86,276 shares. Qualified institutional buyers (QIB) are offered 37,06,443 shares in CarTrade Tech IPO and 13,15,550 shares in Exxaro Tiles IPO.

	CarTrade Tech IPO	Exxaro Tiles IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,06,443 shares	13,15,550 shares
NII	27,79,833 shares	46,04,425 shares
RII	64,86,276 shares	52,62,200 shares
Employee	0 shares	2,68,500 shares
Others
Total	1,29,72,552 shares	1,14,50,675 shares

Bids Received (Subscription)

CarTrade Tech IPO subscribed 20.29x in total, whereas Exxaro Tiles IPO subscribed 22.65x.

	CarTrade Tech IPO	Exxaro Tiles IPO
QIB (times)	35.45x	17.67x
NII (times)	41.00x	5.36x
Big NII (times)
Small NII (times)
RII (times)	2.75x	40.05x
Employee (times)		2.53x
Other (times)
Total (times)	20.29x	22.65x

Compare with others

CarTrade Tech IPO	Exxaro Tiles IPO
Vijaya Diagnostic IPO	Aptus Value Housing Finance IPO
Ami Organics IPO	Krsnaa Diagnostics IPO
Chemplast Sanmar IPO	CarTrade Tech IPO
Aptus Value Housing Finance IPO	Devyani International IPO
Krsnaa Diagnostics IPO	Windlas Biotech IPO
Devyani International IPO	Nuvoco IPO
Windlas Biotech IPO	Rolex Rings IPO
Exxaro Tiles IPO	Paytm IPO
Nuvoco IPO	Tatva Chintan Pharma IPO
Rolex Rings IPO	Zomato IPO

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