Comparison between Aadhar Housing Finance IPO and TBO Tek IPO.
Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of TBO Tek IPO is ₹920.00 per share.
| Aadhar Housing Finance IPO | TBO Tek IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹300.00 per share | ₹875.00 per share |
| Issue Price (Upper) | ₹315.00 per share | ₹920.00 per share |
| Issue Price (Final) | ₹315.00 per share | ₹920.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹23.00 per share | ₹0.00 per share |
| Market Lot Size | 47 shares | 16 shares |
| Fresh Issue Size | 3,17,63,535 shares | 43,47,826 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.37 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 6,34,92,063 shares | 1,25,08,797 shares |
| OFS Issue Size (Amount) | up to ₹1,999.63 Cr | up to ₹1,150.81 Cr |
| Issue Size Total | 9,52,55,598 shares | 1,68,56,623 shares |
| Issue Size Total (Amount) | up to ₹3,000.00 Cr | up to ₹1,550.81 Cr |
Aadhar Housing Finance IPO opens on May 08, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Aadhar Housing Finance IPO and TBO Tek IPO is May 10, 2024, and May 10, 2024, respectively.
| Aadhar Housing Finance IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Bid Date | May 07, 2024 | May 07, 2024 |
| Issue Open | May 08, 2024 | May 08, 2024 |
| Issue Close | May 10, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 13, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 14, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 14, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 15, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 12, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 2 | Aug 11, 2024 | Aug 11, 2024 |
Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to TBO Tek IPO P/E ratio of 64.58.
| Aadhar Housing Finance IPO | TBO Tek IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.72 | 51.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 76.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.8 | 64.58 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13434.78 Cr. | ₹9990.08 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.4% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.81 | ₹14.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.9% | 30.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in TBO Tek 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 50,47,205 shares in TBO Tek IPO.
| Aadhar Housing Finance IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,85,04,761 shares | 75,70,807 shares |
| Market Maker Reservation | ||
| QIB | 1,90,03,174 shares | 50,47,205 shares |
| NII | 1,42,52,381 shares | 25,23,602 shares |
| RII | 3,32,55,556 shares | 16,82,401 shares |
| Employee | 2,39,726 shares | 32,608 shares |
| Others | ||
| Total | 9,52,55,598 shares | 1,68,56,623 shares |
Aadhar Housing Finance IPO subscribed 26.76x in total, whereas TBO Tek IPO subscribed 86.69x.
| Aadhar Housing Finance IPO | TBO Tek IPO | |
|---|---|---|
| QIB (times) | 76.42x | 125.51x |
| NII (times) | 17.33x | 50.60x |
| Big NII (times) | 18.90x | 55.82x |
| Small NII (times) | 14.19x | 40.15x |
| RII (times) | 2.58x | 25.72x |
| Employee (times) | 6.88x | 17.81x |
| Other (times) | ||
| Total (times) | 26.76x | 86.69x |
