Comparison between Aavas Financiers IPO and CreditAccess Grameen IPO.
Aavas Financiers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while CreditAccess Grameen IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aavas Financiers IPO is up to ₹1,640.32 Cr whereas the issue size of the CreditAccess Grameen IPO is up to ₹1,131.19 Cr. The final issue price of Aavas Financiers IPO is ₹821.00 per share and of CreditAccess Grameen IPO is ₹422.00 per share.
| Aavas Financiers IPO | CreditAccess Grameen IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹818.00 per share | ₹418.00 per share |
| Issue Price (Upper) | ₹821.00 per share | ₹422.00 per share |
| Issue Price (Final) | ₹821.00 per share | ₹422.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 18 shares | 35 shares |
| Fresh Issue Size | 43,84,897 shares | 1,49,28,909 shares |
| Fresh Issue Size (Amount) | up to ₹360.00 Cr | up to ₹630.00 Cr |
| OFS Issue Size | 1,55,94,606 shares | 1,18,76,485 shares |
| OFS Issue Size (Amount) | up to ₹1,280.32 Cr | up to ₹501.19 Cr |
| Issue Size Total | 1,99,79,503 shares | 2,68,05,394 shares |
| Issue Size Total (Amount) | up to ₹1,640.32 Cr | up to ₹1,131.19 Cr |
Aavas Financiers IPO opens on Sep 25, 2018, while CreditAccess Grameen IPO opens on Aug 08, 2018. The closing date of Aavas Financiers IPO and CreditAccess Grameen IPO is Sep 27, 2018, and Aug 10, 2018, respectively.
| Aavas Financiers IPO | CreditAccess Grameen IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2018 | Aug 07, 2018 |
| Issue Open | Sep 25, 2018 | Aug 08, 2018 |
| Issue Close | Sep 27, 2018 | Aug 10, 2018 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Aug 16, 2018 |
| Initiation of Refunds (Tentative) | Oct 04, 2018 | Aug 20, 2018 |
| Credit of Share (Tentative) | Oct 05, 2018 | Aug 21, 2018 |
| Listing date (Tentative) | Oct 08, 2018 | Aug 23, 2018 |
| Anchor Lockin End date 1 | Nov 02, 2018 | Sep 15, 2018 |
| Anchor Lockin End date 2 | Jan 01, 2019 | Nov 14, 2018 |
Aavas Financiers IPO P/E ratio is , as compared to CreditAccess Grameen IPO P/E ratio of .
| Aavas Financiers IPO | CreditAccess Grameen IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6420.34 Cr. | ₹6049.63 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aavas Financiers IPO Retail Individual Investors (RII) are offered 73,92,514 shares while in CreditAccess Grameen IPO retail investors are offered 73,92,514 shares. Qualified Institutional Buyers (QIB) are offered 42,24,293 shares in Aavas Financiers IPO and 53,61,079 shares in CreditAccess Grameen IPO.
| Aavas Financiers IPO | CreditAccess Grameen IPO | |
|---|---|---|
| Anchor Investor Reservation | 63,36,439 shares | 80,41,617 shares |
| Market Maker Reservation | ||
| QIB | 42,24,293 shares | 53,61,079 shares |
| NII | 31,68,220 shares | 40,20,810 shares |
| RII | 73,92,514 shares | 93,81,888 shares |
| Employee | ||
| Others | ||
| Total | 2,11,21,466 shares | 2,68,05,394 shares |
Aavas Financiers IPO subscribed 0.97x in total, whereas CreditAccess Grameen IPO subscribed 2.22x.
| Aavas Financiers IPO | CreditAccess Grameen IPO | |
|---|---|---|
| QIB (times) | 2.77x | 5.52x |
| NII (times) | 0.26x | 0.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.25x | 0.87x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.97x | 2.22x |
