Premier Energies IPO vs Shree Tirupati Balajee IPO

Comparision between Premier Energies IPO and Shree Tirupati Balajee IPO.

IPO Details

Premier Energies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shree Tirupati Balajee IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Premier Energies IPO	Shree Tirupati Balajee 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	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited ICICI Securities Limited	Pnb Investment Services Ltd Unistone Capital Pvt Ltd
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

Issue Size and Price

The total issue size of Premier Energies IPO is up to ₹2,830.40 Cr whereas the issue size of the Shree Tirupati Balajee IPO is up to ₹169.65 Cr. The final issue price of Premier Energies IPO is ₹450.00 per share and of Shree Tirupati Balajee IPO is ₹83.00 per share.

	Premier Energies IPO	Shree Tirupati Balajee IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹427.00 per share	₹78.00 per share
Issue Price (Upper)	₹450.00 per share	₹83.00 per share
Issue Price (Final)	₹450.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)	₹22.00 per share
Market Lot Size	33 shares	180 shares
Fresh Issue Size	2,86,97,777 shares	1,47,50,000 shares
Fresh Issue Size (Amount)	up to ₹1,291.40 Cr	up to ₹122.43 Cr
OFS Issue Size	3,42,00,000 shares	56,90,000 shares
OFS Issue Size (Amount)	up to ₹1,539.00 Cr	up to ₹47.23 Cr
Issue Size Total	6,28,97,777 shares	2,04,40,000 shares
Issue Size Total (Amount)	up to ₹2,830.40 Cr	up to ₹169.65 Cr

IPO Timetable

Premier Energies IPO opens on Aug 27, 2024, while Shree Tirupati Balajee IPO opens on Sep 05, 2024. The closing date of Premier Energies IPO and Shree Tirupati Balajee IPO is Aug 29, 2024, and Sep 09, 2024, respectively.

	Premier Energies IPO	Shree Tirupati Balajee IPO
Anchor Bid Date	Aug 26, 2024	Sep 04, 2024
Issue Open	Aug 27, 2024	Sep 05, 2024
Issue Close	Aug 29, 2024	Sep 09, 2024
Basis Of Allotment (Tentative)	Aug 30, 2024	Sep 10, 2024
Initiation of Refunds (Tentative)	Sep 02, 2024	Sep 11, 2024
Credit of Share (Tentative)	Sep 02, 2024	Sep 11, 2024
Listing date (Tentative)	Sep 03, 2024	Sep 12, 2024
Anchor Lockin End date 1	Sep 29, 2024	Oct 10, 2024
Anchor Lockin End date 2	Nov 28, 2024	Dec 09, 2024

Financials

Premier Energies IPO P/E ratio is 82.09, as compared to Shree Tirupati Balajee IPO P/E ratio of 15.37.

Premier Energies IPO

Shree Tirupati Balajee IPO

Financial

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

Shree Tirupati Balajee Agro Trading Company Limited Financial Information (Restated Consolidated)

Shree Tirupati Balajee Agro Trading Company Limited's revenue increased by 16% and profit after tax (PAT) rose by 74% 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	516.94	392.46	391.89
Revenue	552.82	478.14	453.79
Profit After Tax	36.07	20.72	13.66
Net Worth	173.07	110.21	92.23
Reserves and Surplus	106.24	109.05
Total Borrowing	243.69	223.81	240.06
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

72.22%

88.38%

Promoter Shareholding (Post-Issue)

66.03%

65.42%

P/E Ratio

82.09

15.37

Market Cap

₹20284.33 Cr.

₹677.04 Cr.

ROE

43.73%%

20.84%%

ROCE

25.65%%

16.29%%

Debt/Equity

1.86

1.41

EPS

₹5.48

₹5.40

RoNW

37.46%%

20.84%%

Shares Offered

In the Premier Energies IPO retail investors (RII) are offered 2,19,36,444 shares while in Shree Tirupati Balajee IPO retail investors are offered 2,19,36,444 shares. Qualified institutional buyers (QIB) are offered 1,25,35,111 shares in Premier Energies IPO and 40,88,000 shares in Shree Tirupati Balajee IPO.

	Premier Energies IPO	Shree Tirupati Balajee IPO
Anchor Investor Reserveration	1,88,02,666 shares	61,32,000 shares
Market Maker Reserveration
QIB	1,25,35,111 shares	40,88,000 shares
NII	94,01,333 shares	30,66,000 shares
RII	2,19,36,444 shares	71,54,000 shares
Employee	2,33,644 shares	0 shares
Others
Total	4,41,06,533 shares	1,43,08,000 shares

Bids Received (Subscription)

Premier Energies IPO subscribed 75.00x in total, whereas Shree Tirupati Balajee IPO subscribed 18.34x.

	Premier Energies IPO	Shree Tirupati Balajee IPO
QIB (times)	212.42x	4.69x
NII (times)	50.98x	28.64x
Big NII (times)	58.00x	27.84x
Small NII (times)	36.96x	30.24x
RII (times)	7.44x	21.73x
Employee (times)	11.32x
Other (times)
Total (times)	75.00x	18.34x

Compare with others

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

Comments

Add a public comment...