Electronics Mart India IPO vs Syrma IPO

Comparision between Electronics Mart India IPO and Syrma IPO.

IPO Details

Electronics Mart India IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Syrma IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Electronics Mart India IPO	Syrma 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	Anand Rathi Securities Limited Iifl Securities Ltd Jm Financial Limited	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Iifl Securities 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	IPO Allotment URL

Issue Size and Price

The total issue size of Electronics Mart India IPO is up to ₹500.00 Cr whereas the issue size of the Syrma IPO is up to ₹840.00 Cr. The final issue price of Electronics Mart India IPO is ₹59.00 per share and of Syrma IPO is ₹220.00 per share.

	Electronics Mart India IPO	Syrma IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹56.00 per share	₹209.00 per share
Issue Price (Upper)	₹59.00 per share	₹220.00 per share
Issue Price (Final)	₹59.00 per share	₹220.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	254 shares	68 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹766.00 Cr
OFS Issue Size		33,69,360 shares
OFS Issue Size (Amount)
Issue Size Total
Issue Size Total (Amount)	up to ₹500.00 Cr	up to ₹840.00 Cr

IPO Timetable

Electronics Mart India IPO opens on Oct 04, 2022, while Syrma IPO opens on Aug 12, 2022. The closing date of Electronics Mart India IPO and Syrma IPO is Oct 07, 2022, and Aug 18, 2022, respectively.

	Electronics Mart India IPO	Syrma IPO
Anchor Bid Date
Issue Open	Oct 04, 2022	Aug 12, 2022
Issue Close	Oct 07, 2022	Aug 18, 2022
Basis Of Allotment (Tentative)	Oct 12, 2022	Aug 23, 2022
Initiation of Refunds (Tentative)	Oct 13, 2022	Aug 24, 2022
Credit of Share (Tentative)	Oct 14, 2022	Aug 25, 2022
Listing date (Tentative)	Oct 17, 2022	Aug 26, 2022
Anchor Lockin End date 1	Nov 11, 2022	Sep 22, 2022
Anchor Lockin End date 2	Jan 10, 2023	Nov 21, 2022

Financials

Electronics Mart India IPO P/E ratio is 13.95, as compared to Syrma IPO P/E ratio of 50.69.

Electronics Mart India IPO

Syrma IPO

Financial

Electronics Mart India Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1109.15	2826.1	77.1	340.5	377.06
31-Mar-20	1347.6	3179.02	81.61	433.08	520.54
31-Mar-21	1523.53	3207.37	58.62	491.92	547.95
31-Mar-22	1824.74	4353.07	103.89	596.51	593.64
30-Jun-22	1755.58	1410.25	40.66	637.97	475.91
Amount in ₹ Crore

Syrma SGS Technology Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	286.42	357.4	20.97
31-Mar-20	346.7	404.88	43.88
31-Mar-21	460.01	444.48	28.62
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

77.97%

P/E Ratio

13.95

50.69

Market Cap

₹2270.02 Cr.

₹3877.04 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Electronics Mart India IPO retail investors (RII) are offered 3,12,50,000 shares while in Syrma IPO retail investors are offered 3,12,50,000 shares. Qualified institutional buyers (QIB) are offered 1,78,57,142 shares in Electronics Mart India IPO and 85,53,777 shares in Syrma IPO.

	Electronics Mart India IPO	Syrma IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,78,57,142 shares	85,53,777 shares
NII	1,33,92,858 shares	60,03,012 shares
RII	3,12,50,000 shares	1,40,07,027 shares
Employee	0 shares	0 shares
Others
Total	6,25,00,000 shares	2,85,63,816 shares

Bids Received (Subscription)

Electronics Mart India IPO subscribed 71.93x in total, whereas Syrma IPO subscribed 32.61x.

	Electronics Mart India IPO	Syrma IPO
QIB (times)	169.54x	87.56x
NII (times)	63.59x	17.50x
Big NII (times)	66.18x	19.01x
Small NII (times)	58.42x	14.47x
RII (times)	19.72x	5.53x
Employee (times)
Other (times)
Total (times)	71.93x	32.61x

Compare with others

Electronics Mart India IPO	Syrma IPO
Fusion Micro Finance IPO	Electronics Mart India IPO
Global Health IPO	DCX Systems IPO
Five Star Business Finance IPO	Tamilnad Mercantile Bank IPO
Uniparts India IPO	Harsha Engineers IPO
Kaynes Technology IPO	Dreamfolks Services IPO
DCX Systems IPO	Aether Industries IPO
Tamilnad Mercantile Bank IPO	eMudhra IPO
Harsha Engineers IPO	Paradeep Phosphates IPO
Dreamfolks Services IPO	Prudent Corporate Advisory Services IPO
Syrma IPO	Rainbow Children Medicare IPO

Comments

Add a public comment...