Aadhar Housing Finance IPO vs Le Travenues Technology IPO

Comparison between Aadhar Housing Finance IPO and Le Travenues Technology IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Le Travenues Technology 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 Le Travenues Technology IPO is up to ₹740.10 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Le Travenues Technology IPO is ₹93.00 per share.

 Aadhar Housing Finance IPOLe Travenues Technology IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹300.00 per share₹88.00 per share
Issue Price (Upper)₹315.00 per share₹93.00 per share
Issue Price (Final)₹315.00 per share₹93.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹23.00 per share
Market Lot Size47 shares161 shares
Fresh Issue Size3,17,63,535 shares1,29,03,225 shares
Fresh Issue Size (Amount)up to ₹1,000.37 Crup to ₹120.00 Cr
OFS Issue Size6,34,92,063 shares6,66,77,674 shares
OFS Issue Size (Amount)up to ₹1,999.63 Crup to ₹620.10 Cr
Issue Size Total9,52,55,598 shares7,95,80,899 shares
Issue Size Total (Amount)up to ₹3,000.00 Crup to ₹740.10 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while Le Travenues Technology IPO opens on Jun 10, 2024. The closing date of Aadhar Housing Finance IPO and Le Travenues Technology IPO is May 10, 2024, and Jun 12, 2024, respectively.

 Aadhar Housing Finance IPOLe Travenues Technology IPO
Anchor Bid DateMay 07, 2024Jun 07, 2024
Issue OpenMay 08, 2024Jun 10, 2024
Issue CloseMay 10, 2024Jun 12, 2024
Basis Of Allotment (Tentative)May 13, 2024Jun 13, 2024
Initiation of Refunds (Tentative)May 14, 2024Jun 14, 2024
Credit of Share (Tentative)May 14, 2024Jun 14, 2024
Listing date (Tentative)May 15, 2024Jun 18, 2024
Anchor Lockin End date 1Jun 12, 2024Jul 13, 2024
Anchor Lockin End date 2Aug 11, 2024Sep 11, 2024

Financials & KPIs

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Le Travenues Technology IPO P/E ratio of 148.87.

 Aadhar Housing Finance IPOLe Travenues Technology 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
Assets678.71585.93538.47185.07
Total Income497.10517.57384.94138.41
Profit After Tax65.7123.40-21.097.53
NET Worth437.13373.76342.6929.94
Reserves and Surplus399.83334.17303.22-212.60
Total Borrowing43.360.542.7314.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.72
Promoter Shareholding (Post-Issue)76.48
P/E Ratio22.8148.87
Market Cap₹13434.78 Cr.₹3603.04 Cr.
ROE18.4%
ROCE
Debt/Equity3.10
EPS₹13.81₹0.62
RoNW12.9%15.26%

Shares Offered

In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in Le Travenues Technology 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 2,38,74,271 shares in Le Travenues Technology IPO.

 Aadhar Housing Finance IPOLe Travenues Technology IPO
Anchor Investor Reservation2,85,04,761 shares3,58,11,405 shares
Market Maker Reservation
QIB1,90,03,174 shares2,38,74,271 shares
NII1,42,52,381 shares1,19,37,134 shares
RII3,32,55,556 shares79,58,089 shares
Employee2,39,726 shares
Others
Total9,52,55,598 shares7,95,80,899 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Le Travenues Technology IPO subscribed 98.10x.

 Aadhar Housing Finance IPOLe Travenues Technology IPO
QIB (times)76.42x106.73x
NII (times)17.33x110.25x
Big NII (times)18.90x117.40x
Small NII (times)14.19x95.95x
RII (times)2.58x53.95x
Employee (times)6.88x
Other (times)
Total (times)26.76x98.10x

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Aadhar Housing Finance IPO Vs Le Travenues Technology IPO