Bansal Wire IPO vs OLA Electric IPO

Comparision between Bansal Wire IPO and OLA Electric IPO.

IPO Details

Bansal Wire IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while OLA Electric IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bansal Wire IPO	OLA Electric 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	SBI Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)	Kotak Mahindra Capital Company Limited Bofa Securities India Limited Axis Capital Limited SBI Capital Markets Limited Citigroup Global Markets India Private Limited Goldman Sachs (India) Securities Private Limited ICICI Securities Limited Bob Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Bansal Wire IPO is up to ₹745.00 Cr whereas the issue size of the OLA Electric IPO is up to ₹6,145.56 Cr. The final issue price of Bansal Wire IPO is ₹256.00 per share and of OLA Electric IPO is ₹76.00 per share.

	Bansal Wire IPO	OLA Electric IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹243.00 per share	₹72.00 per share
Issue Price (Upper)	₹256.00 per share	₹76.00 per share
Issue Price (Final)	₹256.00 per share	₹76.00 per share
Discount (Retail)
Discount (Employee)		₹7.00 per share
Market Lot Size	58 shares	195 shares
Fresh Issue Size	2,91,01,562 shares	72,36,84,210 shares
Fresh Issue Size (Amount)	up to ₹745.00 Cr	up to ₹5,500.00 Cr
OFS Issue Size		8,49,41,997 shares
OFS Issue Size (Amount)		up to ₹645.56 Cr
Issue Size Total	2,91,01,562 shares	80,86,26,207 shares
Issue Size Total (Amount)	up to ₹745.00 Cr	up to ₹6,145.56 Cr

IPO Timetable

Bansal Wire IPO opens on Jul 03, 2024, while OLA Electric IPO opens on Aug 02, 2024. The closing date of Bansal Wire IPO and OLA Electric IPO is Jul 05, 2024, and Aug 06, 2024, respectively.

	Bansal Wire IPO	OLA Electric IPO
Anchor Bid Date	Jul 02, 2024	Aug 01, 2024
Issue Open	Jul 03, 2024	Aug 02, 2024
Issue Close	Jul 05, 2024	Aug 06, 2024
Basis Of Allotment (Tentative)	Jul 08, 2024	Aug 07, 2024
Initiation of Refunds (Tentative)	Jul 09, 2024	Aug 08, 2024
Credit of Share (Tentative)	Jul 09, 2024	Aug 08, 2024
Listing date (Tentative)	Jul 10, 2024	Aug 09, 2024
Anchor Lockin End date 1	Aug 07, 2024	Sep 05, 2024
Anchor Lockin End date 2	Oct 06, 2024	Nov 04, 2024

Financials

Bansal Wire IPO P/E ratio is 41.41, as compared to OLA Electric IPO P/E ratio of -17.69.

Bansal Wire IPO

OLA Electric IPO

Financial

Bansal Wire Industries Limited Financial Information (Restated)

Bansal Wire Industries Limited's revenue increased by 1.99% and profit after tax (PAT) rose by 31.48% 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	1,264.01	749.05	695.48
Revenue	2,470.89	2,422.57	2,205.07
Profit After Tax	78.80	59.93	57.29
Net Worth	422.37	282.51	223.01
Reserves and Surplus	358.64	273.41	213.91
Total Borrowing	681.14	422.19	413.15
Amount in ₹ Crore

Ola Electric Mobility Limited Financial Information (Restated Consolidated)

Ola Electric Mobility Limited's revenue increased by 88.42% and profit after tax (PAT) dropped by -7.63% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,735.41	5,573.17	5,395.86	2,112.64
Revenue	5,243.27	2,782.70	456.26	106.08
Profit After Tax	-1,584.40	-1,472.08	-784.15	-199.23
Net Worth	2,019.34	2,356.44	3,661.45	1,970.62
Reserves and Surplus	-2,882.54	-1,380.03	-68.83	1,999.30
Total Borrowing	2,389.21	1,645.75	750.41	38.87
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

73.60%

85.77%

Promoter Shareholding (Post-Issue)

59.92%

P/E Ratio

41.41

-17.69

Market Cap

₹4007.83 Cr.

₹33521.75 Cr.

ROE

21.19%%

ROCE

18.46%%

Debt/Equity

1.48

EPS

₹6.18

₹-4.30

RoNW

18.27%%

-78.46%%

Shares Offered

In the Bansal Wire IPO retail investors (RII) are offered 1,01,85,547 shares while in OLA Electric IPO retail investors are offered 1,01,85,547 shares. Qualified institutional buyers (QIB) are offered 58,20,313 shares in Bansal Wire IPO and 24,23,70,750 shares in OLA Electric IPO.

	Bansal Wire IPO	OLA Electric IPO
Anchor Investor Reserveration	87,30,468 shares	36,35,56,135 shares
Market Maker Reserveration
QIB	58,20,313 shares	24,23,70,750 shares
NII	43,65,234 shares	12,11,85,387 shares
RII	1,01,85,547 shares	8,07,90,252 shares
Employee	0 shares	7,97,101 shares
Others
Total	2,03,71,094 shares	44,51,43,490 shares

Bids Received (Subscription)

Bansal Wire IPO subscribed 62.76x in total, whereas OLA Electric IPO subscribed 4.45x.

	Bansal Wire IPO	OLA Electric IPO
QIB (times)	153.86x	5.53x
NII (times)	54.21x	2.51x
Big NII (times)	55.27x	2.75x
Small NII (times)	52.11x	2.03x
RII (times)	14.37x	4.05x
Employee (times)		12.38x
Other (times)
Total (times)	62.76x	4.45x

Compare with others

Bansal Wire IPO	OLA Electric IPO
Unicommerce eSolutions IPO	Ceigall India IPO
Brainbees Solutions (Firstcry) IPO	Akums Drugs and Pharmaceuticals IPO
Ceigall India IPO	Sanstar IPO
Akums Drugs and Pharmaceuticals IPO	Bansal Wire IPO
Sanstar IPO	Emcure Pharma IPO
Emcure Pharma IPO	Vraj Iron and Steel IPO
OLA Electric IPO	Aasaan Loans IPO
Vraj Iron and Steel IPO	Stanley Lifestyles IPO
Aasaan Loans IPO	DEE Piping Systems IPO
Stanley Lifestyles IPO	ixigo IPO

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