GoColors IPO vs Tarsons Products IPO

Comparision between GoColors IPO and Tarsons Products IPO.

IPO Details

GoColors IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tarsons Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	GoColors IPO	Tarsons Products 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	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) ICICI Securities Limited Jm Financial Limited	Edelweiss Financial Services Ltd ICICI Securities Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of GoColors IPO is up to ₹1,013.61 Cr whereas the issue size of the Tarsons Products IPO is up to ₹1,023.47 Cr. The final issue price of GoColors IPO is ₹690.00 per share and of Tarsons Products IPO is ₹662.00 per share.

	GoColors IPO	Tarsons Products IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹655.00 per share	₹635.00 per share
Issue Price (Upper)	₹690.00 per share	₹662.00 per share
Issue Price (Final)	₹690.00 per share	₹662.00 per share
Discount (Retail)
Discount (Employee)		₹61.00 per share
Market Lot Size	21 shares	22 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹125.00 Cr	up to ₹150.00 Cr
OFS Issue Size	1,28,78,389 shares	1,32,00,000 shares
OFS Issue Size (Amount)		up to ₹873.84 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,013.61 Cr	up to ₹1,023.47 Cr

IPO Timetable

GoColors IPO opens on Nov 17, 2021, while Tarsons Products IPO opens on Nov 15, 2021. The closing date of GoColors IPO and Tarsons Products IPO is Nov 22, 2021, and Nov 17, 2021, respectively.

	GoColors IPO	Tarsons Products IPO
Anchor Bid Date
Issue Open	Nov 17, 2021	Nov 15, 2021
Issue Close	Nov 22, 2021	Nov 17, 2021
Basis Of Allotment (Tentative)	Nov 25, 2021	Nov 23, 2021
Initiation of Refunds (Tentative)	Nov 26, 2021	Nov 24, 2021
Credit of Share (Tentative)	Nov 29, 2021	Nov 25, 2021
Listing date (Tentative)	Nov 30, 2021	Nov 26, 2021
Anchor Lockin End date 1	Dec 25, 2021	Dec 23, 2021
Anchor Lockin End date 2	Feb 23, 2022	Feb 21, 2022

Financials

GoColors IPO P/E ratio is , as compared to Tarsons Products IPO P/E ratio of .

GoColors IPO

Tarsons Products IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	5,306.47	5,346.99	5,483.67	5,191.86	4,041.31
Total Revenue	402.92	207.44	2,822.52	3,968.39	2,909.79
Profit After Tax	(189.96)	(85.98)	(35.39)	526.34	309.41

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	31-Mar-21
Total Assets	3,647.74	2,959.50
Total Revenue	711.27	2,342.91
Profit After Tax	248.35	688.70

Promoter Shareholding (Pre-Issue)

57.47%

50.75%

Promoter Shareholding (Post-Issue)

52.78%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the GoColors IPO retail investors (RII) are offered 14,68,998 shares while in Tarsons Products IPO retail investors are offered 14,68,998 shares. Qualified institutional buyers (QIB) are offered 44,06,996 shares in GoColors IPO and 30,81,172 shares in Tarsons Products IPO.

	GoColors IPO	Tarsons Products IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	44,06,996 shares	30,81,172 shares
NII	22,03,497 shares	23,10,880 shares
RII	14,68,998 shares	53,92,052 shares
Employee	0 shares	60,000 shares
Others
Total	80,79,491 shares	1,08,44,104 shares

Bids Received (Subscription)

GoColors IPO subscribed 135.46x in total, whereas Tarsons Products IPO subscribed 77.49x.

	GoColors IPO	Tarsons Products IPO
QIB (times)	100.73x	115.77x
NII (times)	262.08x	184.58x
Big NII (times)
Small NII (times)
RII (times)	49.70x	10.56x
Employee (times)		1.83x
Other (times)
Total (times)	135.46x	77.49x

Compare with others

GoColors IPO	Tarsons Products IPO
RateGain IPO	MapmyIndia IPO
MapmyIndia IPO	Anand Rathi IPO
Anand Rathi IPO	Tega Industries IPO
Tega Industries IPO	Star Health IPO
Star Health IPO	GoColors IPO
Tarsons Products IPO	Latent View Analytics IPO
Latent View Analytics IPO	Sapphire Foods IPO
Sapphire Foods IPO	Sigachi Industries IPO
Sigachi Industries IPO	Adani Wilmar IPO
Adani Wilmar IPO	PolicyBazaar IPO

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