Aadhar Housing Finance IPO vs Indegene IPO

Comparison between Aadhar Housing Finance IPO and Indegene IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indegene IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Indegene IPO is up to ₹1,841.76 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Indegene IPO is ₹452.00 per share.

 Aadhar Housing Finance IPOIndegene IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹300.00 per share₹430.00 per share
Issue Price (Upper)₹315.00 per share₹452.00 per share
Issue Price (Final)₹315.00 per share₹452.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹23.00 per share₹30.00 per share
Market Lot Size47 shares33 shares
Fresh Issue Size3,17,63,535 shares1,68,33,818 shares
Fresh Issue Size (Amount)up to ₹1,000.37 Crup to ₹760.52 Cr
OFS Issue Size6,34,92,063 shares2,39,32,732 shares
OFS Issue Size (Amount)up to ₹1,999.63 Crup to ₹1,081.24 Cr
Issue Size Total9,52,55,598 shares4,07,66,550 shares
Issue Size Total (Amount)up to ₹3,000.00 Crup to ₹1,841.76 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while Indegene IPO opens on May 06, 2024. The closing date of Aadhar Housing Finance IPO and Indegene IPO is May 10, 2024, and May 08, 2024, respectively.

 Aadhar Housing Finance IPOIndegene IPO
Anchor Bid DateMay 07, 2024May 03, 2024
Issue OpenMay 08, 2024May 06, 2024
Issue CloseMay 10, 2024May 08, 2024
Basis Of Allotment (Tentative)May 13, 2024May 09, 2024
Initiation of Refunds (Tentative)May 14, 2024May 10, 2024
Credit of Share (Tentative)May 14, 2024May 10, 2024
Listing date (Tentative)May 15, 2024May 13, 2024
Anchor Lockin End date 1Jun 12, 2024Jun 08, 2024
Anchor Lockin End date 2Aug 11, 2024Aug 07, 2024

Financials & KPIs

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Indegene IPO P/E ratio of 37.78.

 Aadhar Housing Finance IPOIndegene IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18,035.5716,617.8714,375.8113,630.33
Total Income1,895.172,043.521,728.561,575.55
Profit After Tax547.88545.34446.20340.46
NET Worth4,249.103,697.603,146.632,692.76
Total Borrowing13,127.5912,153.4510,674.5910,374.47
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,518.152,203.871,353.47596.04
Total Income1,969.752,364.101,690.50996.92
Profit After Tax241.90266.10162.82149.41
NET Worth1,327.001,063.72763.90324.51
Reserves and Surplus1,282.651,019.43763.55324.19
Total Borrowing399.33394.3418.2424.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.7230.71
Promoter Shareholding (Post-Issue)76.48
P/E Ratio22.837.78
Market Cap₹13434.78 Cr.₹10814.07 Cr.
ROE18.4%
ROCE
Debt/Equity3.100.30
EPS₹13.81₹11.96
RoNW12.9%18.23%

Shares Offered

In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in Indegene IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 80,94,068 shares in Indegene IPO.

 Aadhar Housing Finance IPOIndegene IPO
Anchor Investor Reservation2,85,04,761 shares1,21,41,102 shares
Market Maker Reservation
QIB1,90,03,174 shares80,94,068 shares
NII1,42,52,381 shares60,70,552 shares
RII3,32,55,556 shares1,41,64,620 shares
Employee2,39,726 shares2,96,208 shares
Others
Total9,52,55,598 shares4,07,66,550 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Indegene IPO subscribed 70.30x.

 Aadhar Housing Finance IPOIndegene IPO
QIB (times)76.42x192.72x
NII (times)17.33x55.91x
Big NII (times)18.90x62.23x
Small NII (times)14.19x43.26x
RII (times)2.58x7.86x
Employee (times)6.88x6.62x
Other (times)
Total (times)26.76x70.30x

Compare with others

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Aadhar Housing Finance IPO Vs Indegene IPO