Orient Technologies IPO vs Premier Energies IPO

Comparision between Orient Technologies IPO and Premier Energies IPO.

IPO Details

Orient Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Orient Technologies IPO	Premier Energies 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	Elara Capital (India) Private Limited	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Orient Technologies IPO is up to ₹214.76 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Orient Technologies IPO is ₹206.00 per share and of Premier Energies IPO is ₹450.00 per share.

	Orient Technologies IPO	Premier Energies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹195.00 per share	₹427.00 per share
Issue Price (Upper)	₹206.00 per share	₹450.00 per share
Issue Price (Final)	₹206.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)		₹22.00 per share
Market Lot Size	72 shares	33 shares
Fresh Issue Size	58,25,243 shares	2,86,97,777 shares
Fresh Issue Size (Amount)	up to ₹120.00 Cr	up to ₹1,291.40 Cr
OFS Issue Size	46,00,000 shares	3,42,00,000 shares
OFS Issue Size (Amount)	up to ₹94.76 Cr	up to ₹1,539.00 Cr
Issue Size Total	1,04,25,243 shares	6,28,97,777 shares
Issue Size Total (Amount)	up to ₹214.76 Cr	up to ₹2,830.40 Cr

IPO Timetable

Orient Technologies IPO opens on Aug 21, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Orient Technologies IPO and Premier Energies IPO is Aug 23, 2024, and Aug 29, 2024, respectively.

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

Financials

Orient Technologies IPO P/E ratio is 17.8, as compared to Premier Energies IPO P/E ratio of 82.09.

Orient Technologies IPO

Premier Energies IPO

Financial

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

Premier Energies Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	21 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,735.50	3,554.13	2,110.69	1,341.49
Revenue	1,668.79	3,171.31	1,463.21	767.03
Profit After Tax	198.16	231.36	-13.34	-14.41
Net Worth	26.96	36.49	-0.24	-0.51
Reserves and Surplus	255.73	455.76	224.40	209.20
Total Borrowing	1,200.16	1,392.24	763.54	453.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.96%

72.22%

Promoter Shareholding (Post-Issue)

73.21%

66.03%

P/E Ratio

17.8

82.09

Market Cap

₹857.82 Cr.

₹20284.33 Cr.

ROE

27.26%

43.73%%

ROCE

28.42%

25.65%%

Debt/Equity

1.86

EPS

₹11.57

₹5.48

RoNW

23.64%

37.46%%

Shares Offered

In the Orient Technologies IPO retail investors (RII) are offered 36,48,835 shares while in Premier Energies IPO retail investors are offered 36,48,835 shares. Qualified institutional buyers (QIB) are offered 20,85,049 shares in Orient Technologies IPO and 1,25,35,111 shares in Premier Energies IPO.

	Orient Technologies IPO	Premier Energies IPO
Anchor Investor Reserveration	31,27,522 shares	1,88,02,666 shares
Market Maker Reserveration
QIB	20,85,049 shares	1,25,35,111 shares
NII	15,63,786 shares	94,01,333 shares
RII	36,48,835 shares	2,19,36,444 shares
Employee	0 shares	2,33,644 shares
Others
Total	72,97,670 shares	4,41,06,533 shares

Bids Received (Subscription)

Orient Technologies IPO subscribed 154.84x in total, whereas Premier Energies IPO subscribed 75.00x.

	Orient Technologies IPO	Premier Energies IPO
QIB (times)	188.79x	212.42x
NII (times)	310.03x	50.98x
Big NII (times)	343.45x	58.00x
Small NII (times)	243.20x	36.96x
RII (times)	68.93x	7.44x
Employee (times)		11.32x
Other (times)
Total (times)	154.84x	75.00x

Compare with others

Orient Technologies IPO	Premier Energies 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	ECO Mobility 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	Ceigall India IPO

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