Baazar Style Retail IPO vs Orient Technologies IPO

Comparision between Baazar Style Retail IPO and Orient Technologies IPO.

IPO Details

Baazar Style Retail IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Orient Technologies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Baazar Style Retail IPO	Orient Technologies 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 Intensive Fiscal Services Private Limited Jm Financial Limited	Elara Capital (India) Private 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 Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Orient Technologies IPO is ₹206.00 per share.

	Baazar Style Retail IPO	Orient Technologies IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹195.00 per share
Issue Price (Upper)	₹389.00 per share	₹206.00 per share
Issue Price (Final)	₹389.00 per share	₹206.00 per share
Discount (Retail)
Discount (Employee)	₹35.00 per share
Market Lot Size	38 shares	72 shares
Fresh Issue Size	38,04,627 shares	58,25,243 shares
Fresh Issue Size (Amount)	up to ₹148.00 Cr	up to ₹120.00 Cr
OFS Issue Size	1,76,52,320 shares	46,00,000 shares
OFS Issue Size (Amount)	up to ₹686.68 Cr	up to ₹94.76 Cr
Issue Size Total	2,14,56,947 shares	1,04,25,243 shares
Issue Size Total (Amount)	up to ₹834.68 Cr	up to ₹214.76 Cr

IPO Timetable

Baazar Style Retail IPO opens on Aug 30, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of Baazar Style Retail IPO and Orient Technologies IPO is Sep 03, 2024, and Aug 23, 2024, respectively.

	Baazar Style Retail IPO	Orient Technologies IPO
Anchor Bid Date	Aug 29, 2024	Aug 19, 2024
Issue Open	Aug 30, 2024	Aug 21, 2024
Issue Close	Sep 03, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Sep 04, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Sep 05, 2024	Aug 27, 2024
Credit of Share (Tentative)	Sep 05, 2024	Aug 27, 2024
Listing date (Tentative)	Sep 06, 2024	Aug 28, 2024
Anchor Lockin End date 1	Oct 03, 2024	Sep 24, 2024
Anchor Lockin End date 2	Dec 02, 2024	Nov 23, 2024

Financials

Baazar Style Retail IPO P/E ratio is 125.54, as compared to Orient Technologies IPO P/E ratio of 17.8.

Baazar Style Retail IPO

Orient Technologies IPO

Financial

Baazar Style Retail Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	1,165.97
Revenue	982.83
Profit After Tax	21.94
Net Worth	212.56
Reserves and Surplus	180.2
Total Borrowing	178.23
Amount in ₹ Crore

Orient Technologies Limited Financial Information (Restated)

Orient Technologies Limited's revenue increased by 12% and profit after tax (PAT) rose by 8% 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	311.14	215.25	176.32	112.45
Revenue	606.86	542.01	469.12	248.96
Profit After Tax	41.45	38.3	33.49	0.13
Net Worth	175.31	128.82	94.11	61.29
Reserves and Surplus	138.79	111.32	76.61	44.79
Total Borrowing	4.82	12.86	2.28	9.22
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

55.03%

97.96%

Promoter Shareholding (Post-Issue)

45.6%

73.21%

P/E Ratio

125.54

17.8

Market Cap

₹2902.55 Cr.

₹857.82 Cr.

ROE

10.74%%

27.26%

ROCE

18.39%%

28.42%

Debt/Equity

0.76

EPS

₹3.10

₹11.57

RoNW

10.32%%

23.64%

Shares Offered

In the Baazar Style Retail IPO retail investors (RII) are offered 75,00,934 shares while in Orient Technologies IPO retail investors are offered 75,00,934 shares. Qualified institutional buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 20,85,049 shares in Orient Technologies IPO.

	Baazar Style Retail IPO	Orient Technologies IPO
Anchor Investor Reserveration	64,29,372 shares	31,27,522 shares
Market Maker Reserveration
QIB	42,86,248 shares	20,85,049 shares
NII	32,14,686 shares	15,63,786 shares
RII	75,00,934 shares	36,48,835 shares
Employee	28,248 shares	0 shares
Others
Total	1,50,30,116 shares	72,97,670 shares

Bids Received (Subscription)

Baazar Style Retail IPO subscribed 40.63x in total, whereas Orient Technologies IPO subscribed 154.84x.

	Baazar Style Retail IPO	Orient Technologies IPO
QIB (times)	81.83x	188.79x
NII (times)	59.41x	310.03x
Big NII (times)	69.27x	343.45x
Small NII (times)	39.68x	243.20x
RII (times)	9.07x	68.93x
Employee (times)	35.08x
Other (times)
Total (times)	40.63x	154.84x

Compare with others

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

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