ECO Mobility IPO vs Orient Technologies IPO

Comparision between ECO Mobility IPO and Orient Technologies IPO.

IPO Details

ECO Mobility 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.

	ECO Mobility 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	Equirus Capital Private Limited Iifl Securities Ltd	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 ECO Mobility IPO is up to ₹601.20 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of ECO Mobility IPO is ₹334.00 per share and of Orient Technologies IPO is ₹206.00 per share.

	ECO Mobility IPO	Orient Technologies IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹318.00 per share	₹195.00 per share
Issue Price (Upper)	₹334.00 per share	₹206.00 per share
Issue Price (Final)	₹334.00 per share	₹206.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	72 shares
Fresh Issue Size		58,25,243 shares
Fresh Issue Size (Amount)		up to ₹120.00 Cr
OFS Issue Size	1,80,00,000 shares	46,00,000 shares
OFS Issue Size (Amount)	up to ₹601.20 Cr	up to ₹94.76 Cr
Issue Size Total	1,80,00,000 shares	1,04,25,243 shares
Issue Size Total (Amount)	up to ₹601.20 Cr	up to ₹214.76 Cr

IPO Timetable

ECO Mobility IPO opens on Aug 28, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of ECO Mobility IPO and Orient Technologies IPO is Aug 30, 2024, and Aug 23, 2024, respectively.

	ECO Mobility IPO	Orient Technologies IPO
Anchor Bid Date	Aug 27, 2024	Aug 19, 2024
Issue Open	Aug 28, 2024	Aug 21, 2024
Issue Close	Aug 30, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Aug 27, 2024
Credit of Share (Tentative)	Sep 03, 2024	Aug 27, 2024
Listing date (Tentative)	Sep 04, 2024	Aug 28, 2024
Anchor Lockin End date 1	Oct 01, 2024	Sep 24, 2024
Anchor Lockin End date 2	Nov 30, 2024	Nov 23, 2024

Financials

ECO Mobility IPO P/E ratio is 32.05, as compared to Orient Technologies IPO P/E ratio of 17.8.

ECO Mobility IPO

Orient Technologies 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

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)

97.75%

97.96%

Promoter Shareholding (Post-Issue)

67.75%

73.21%

P/E Ratio

32.05

17.8

Market Cap

₹2004.00 Cr.

₹857.82 Cr.

ROE

42.75%%

27.26%

ROCE

42.88%%

28.42%

Debt/Equity

0.12

EPS

₹10.42

₹11.57

RoNW

42.75%%

23.64%

Shares Offered

In the ECO Mobility IPO retail investors (RII) are offered 63,00,000 shares while in Orient Technologies IPO retail investors are offered 63,00,000 shares. Qualified institutional buyers (QIB) are offered 36,00,000 shares in ECO Mobility IPO and 20,85,049 shares in Orient Technologies IPO.

	ECO Mobility IPO	Orient Technologies IPO
Anchor Investor Reserveration	54,00,000 shares	31,27,522 shares
Market Maker Reserveration
QIB	36,00,000 shares	20,85,049 shares
NII	27,00,000 shares	15,63,786 shares
RII	63,00,000 shares	36,48,835 shares
Employee	0 shares	0 shares
Others
Total	1,26,00,000 shares	72,97,670 shares

Bids Received (Subscription)

ECO Mobility IPO subscribed 64.18x in total, whereas Orient Technologies IPO subscribed 154.84x.

	ECO Mobility IPO	Orient Technologies IPO
QIB (times)	136.85x	188.79x
NII (times)	71.17x	310.03x
Big NII (times)	74.66x	343.45x
Small NII (times)	64.19x	243.20x
RII (times)	19.66x	68.93x
Employee (times)
Other (times)
Total (times)	64.18x	154.84x

Compare with others

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

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