Shree Tirupati Balajee IPO vs Tolins Tyres IPO

Comparision between Shree Tirupati Balajee IPO and Tolins Tyres IPO.

IPO Details

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

	Shree Tirupati Balajee IPO	Tolins Tyres 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	Pnb Investment Services Ltd Unistone Capital Pvt Ltd	Saffron Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Cameo Corporate Services 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 Shree Tirupati Balajee IPO is up to ₹169.65 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Shree Tirupati Balajee IPO is ₹83.00 per share and of Tolins Tyres IPO is ₹226.00 per share.

	Shree Tirupati Balajee IPO	Tolins Tyres IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹78.00 per share	₹215.00 per share
Issue Price (Upper)	₹83.00 per share	₹226.00 per share
Issue Price (Final)	₹83.00 per share	₹226.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	180 shares	66 shares
Fresh Issue Size	1,47,50,000 shares	88,49,558 shares
Fresh Issue Size (Amount)	up to ₹122.43 Cr	up to ₹200.00 Cr
OFS Issue Size	56,90,000 shares	13,27,434 shares
OFS Issue Size (Amount)	up to ₹47.23 Cr	up to ₹30.00 Cr
Issue Size Total	2,04,40,000 shares	1,01,76,992 shares
Issue Size Total (Amount)	up to ₹169.65 Cr	up to ₹230.00 Cr

IPO Timetable

Shree Tirupati Balajee IPO opens on Sep 05, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Shree Tirupati Balajee IPO and Tolins Tyres IPO is Sep 09, 2024, and Sep 11, 2024, respectively.

	Shree Tirupati Balajee IPO	Tolins Tyres IPO
Anchor Bid Date	Sep 04, 2024	Sep 06, 2024
Issue Open	Sep 05, 2024	Sep 09, 2024
Issue Close	Sep 09, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 10, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 11, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 11, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 12, 2024	Sep 16, 2024
Anchor Lockin End date 1	Oct 09, 2024	Oct 12, 2024
Anchor Lockin End date 2	Dec 08, 2024	Dec 12, 2024

Financials

Shree Tirupati Balajee IPO P/E ratio is 15.37, as compared to Tolins Tyres IPO P/E ratio of 26.64.

Shree Tirupati Balajee IPO

Tolins Tyres IPO

Financial

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

Tolins Tyres Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	221.6
Revenue	228.69
Profit After Tax	26.01
Net Worth	100.53
Reserves and Surplus	85.07
Total Borrowing	78.77
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

88.38%

92.64%

Promoter Shareholding (Post-Issue)

65.42%

68.53%

P/E Ratio

15.37

26.64

Market Cap

₹677.04 Cr.

₹892.90 Cr.

ROE

20.84%%

25.87%%

ROCE

16.29%%

36.08%%

Debt/Equity

1.41

0.78

EPS

₹5.40

₹8.48

RoNW

20.84%%

25.87%%

Shares Offered

In the Shree Tirupati Balajee IPO retail investors (RII) are offered 71,54,000 shares while in Tolins Tyres IPO retail investors are offered 71,54,000 shares. Qualified institutional buyers (QIB) are offered 40,88,000 shares in Shree Tirupati Balajee IPO and 20,35,398 shares in Tolins Tyres IPO.

	Shree Tirupati Balajee IPO	Tolins Tyres IPO
Anchor Investor Reserveration	61,32,000 shares	30,53,097 shares
Market Maker Reserveration
QIB	40,88,000 shares	20,35,398 shares
NII	30,66,000 shares	15,26,549 shares
RII	71,54,000 shares	35,61,947 shares
Employee	0 shares	0 shares
Others
Total	1,43,08,000 shares	71,23,894 shares

Bids Received (Subscription)

Shree Tirupati Balajee IPO subscribed 124.74x in total, whereas Tolins Tyres IPO subscribed 25.03x.

	Shree Tirupati Balajee IPO	Tolins Tyres IPO
QIB (times)	150.87x	26.72x
NII (times)	210.12x	28.80x
Big NII (times)	225.47x	26.39x
Small NII (times)	179.41x	33.63x
RII (times)	73.22x	22.45x
Employee (times)
Other (times)
Total (times)	124.74x	25.03x

Compare with others

Shree Tirupati Balajee IPO	Tolins Tyres IPO
Arkade Developers IPO	Northern Arc Capital IPO
Western Carriers (India) IPO	Arkade Developers IPO
P N Gadgil Jewellers IPO	Western Carriers (India) IPO
Kross IPO	P N Gadgil Jewellers IPO
Tolins Tyres IPO	Kross IPO
Gala Precision Engineering IPO	Shree Tirupati Balajee IPO
Baazar Style Retail IPO	Gala Precision Engineering IPO
Bajaj Housing Finance IPO	Baazar Style Retail IPO
ECO Mobility IPO	Bajaj Housing Finance IPO
Premier Energies IPO	ECO Mobility IPO

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