ECO Mobility IPO vs Interarch Building Products IPO

Comparision between ECO Mobility IPO and Interarch Building Products IPO.

IPO Details

ECO Mobility IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ECO Mobility IPO	Interarch Building Products 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	Ambit Private Limited Axis Capital 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 ECO Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Interarch Building Products IPO is ₹900.00 per share.

	ECO Mobility IPO	Interarch Building Products IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹318.00 per share	₹850.00 per share
Issue Price (Upper)	₹334.00 per share	₹900.00 per share
Issue Price (Final)	₹334.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)		₹85.00 per share
Market Lot Size	44 shares	16 shares
Fresh Issue Size		22,22,222 shares
Fresh Issue Size (Amount)		up to ₹200.00 Cr
OFS Issue Size	1,80,00,000 shares	44,47,630 shares
OFS Issue Size (Amount)	up to ₹601.20 Cr	up to ₹400.29 Cr
Issue Size Total	1,80,00,000 shares	66,69,852 shares
Issue Size Total (Amount)	up to ₹601.20 Cr	up to ₹600.29 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of ECO Mobility IPO and Interarch Building Products IPO is Aug 30, 2024, and Aug 21, 2024, respectively.

	ECO Mobility IPO	Interarch Building Products IPO
Anchor Bid Date	Aug 27, 2024	Aug 16, 2024
Issue Open	Aug 28, 2024	Aug 19, 2024
Issue Close	Aug 30, 2024	Aug 21, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 22, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Aug 23, 2024
Credit of Share (Tentative)	Sep 03, 2024	Aug 23, 2024
Listing date (Tentative)	Sep 04, 2024	Aug 26, 2024
Anchor Lockin End date 1	Oct 01, 2024	Sep 20, 2024
Anchor Lockin End date 2	Nov 30, 2024	Nov 19, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Interarch Building Products IPO P/E ratio of 15.04.

ECO Mobility IPO

Interarch Building Products 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

Interarch Building Products Limited Financial Information (Restated)

Interarch Building Products Limited's revenue increased by 15% and profit after tax (PAT) rose by 6% 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	755.01	675.03	543.75
Revenue	1,306.32	1,136.39	840.86
Profit After Tax	86.26	81.46	17.13
Net Worth	262.65	343.8	262.65
Total Borrowing	3.36	11.38	3.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.75%

87.53%

Promoter Shareholding (Post-Issue)

67.75%

59.9%

P/E Ratio

32.05

15.04

Market Cap

₹2004.00 Cr.

₹1497.43 Cr.

ROE

42.75%%

19.40%%

ROCE

42.88%%

25.79%%

Debt/Equity

0.12

-0.11

EPS

₹10.42

₹59.84

RoNW

42.75%%

22.26%%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Interarch Building Products IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 13,29,526 shares in Interarch Building Products IPO.

	ECO Mobility IPO	Interarch Building Products IPO
Anchor Investor Reserveration	54,00,000 shares	19,94,288 shares
Market Maker Reserveration
QIB	36,00,000 shares	13,29,526 shares
NII	27,00,000 shares	9,97,145 shares
RII	63,00,000 shares	23,26,671 shares
Employee	0 shares	24,539 shares
Others
Total	1,26,00,000 shares	46,77,881 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Interarch Building Products IPO subscribed 93.79x.

	ECO Mobility IPO	Interarch Building Products IPO
QIB (times)	136.85x	197.29x
NII (times)	71.17x	130.91x
Big NII (times)	74.66x	148.31x
Small NII (times)	64.19x	96.11x
RII (times)	19.66x	19.46x
Employee (times)		25.75x
Other (times)
Total (times)	64.18x	93.79x

Compare with others

ECO Mobility IPO	Interarch Building Products IPO
Tolins Tyres IPO	Gala Precision Engineering IPO
Shree Tirupati Balajee IPO	Baazar Style Retail IPO
Gala Precision Engineering IPO	Bajaj Housing Finance IPO
Baazar Style Retail IPO	ECO Mobility IPO
Bajaj Housing Finance IPO	Premier Energies IPO
Premier Energies IPO	Orient Technologies IPO
Interarch Building Products IPO	Unicommerce eSolutions IPO
Orient Technologies IPO	Brainbees Solutions (Firstcry) IPO
Unicommerce eSolutions IPO	Ceigall India IPO
Brainbees Solutions (Firstcry) IPO	Akums Drugs and Pharmaceuticals IPO

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