Comparison between Aavas Financiers IPO and MSTC IPO.
Aavas Financiers IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MSTC 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 MSTC IPO is up to ₹211.04 Cr. The final issue price of Aavas Financiers IPO is ₹821.00 per share and of MSTC IPO is ₹120.00 per share.
| Aavas Financiers IPO | MSTC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹818.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹821.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹821.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹5.50 per share |
| Discount (Employee) | ₹5.50 per share | |
| Market Lot Size | 18 shares | 90 shares |
| Fresh Issue Size | 43,84,897 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹360.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,55,94,606 shares | 1,76,70,400 shares |
| OFS Issue Size (Amount) | up to ₹1,280.32 Cr | up to ₹211.04 Cr |
| Issue Size Total | 1,99,79,503 shares | 1,76,70,400 shares |
| Issue Size Total (Amount) | up to ₹1,640.32 Cr | up to ₹211.04 Cr |
Aavas Financiers IPO opens on Sep 25, 2018, while MSTC IPO opens on Mar 13, 2019. The closing date of Aavas Financiers IPO and MSTC IPO is Sep 27, 2018, and Mar 20, 2019, respectively.
| Aavas Financiers IPO | MSTC IPO | |
|---|---|---|
| Anchor Bid Date | Sep 24, 2018 | |
| Issue Open | Sep 25, 2018 | Mar 13, 2019 |
| Issue Close | Sep 27, 2018 | Mar 20, 2019 |
| Basis Of Allotment (Tentative) | Oct 03, 2018 | Mar 25, 2019 |
| Initiation of Refunds (Tentative) | Oct 04, 2018 | Mar 26, 2019 |
| Credit of Share (Tentative) | Oct 05, 2018 | Mar 28, 2019 |
| Listing date (Tentative) | Oct 08, 2018 | Mar 29, 2019 |
| Anchor Lockin End date 1 | Nov 02, 2018 | |
| Anchor Lockin End date 2 | Jan 01, 2019 |
Aavas Financiers IPO P/E ratio is , as compared to MSTC IPO P/E ratio of .
| Aavas Financiers IPO | MSTC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.85 | |||||
| Promoter Shareholding (Post-Issue) | 64.75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹6420.34 Cr. | ₹844.80 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aavas Financiers IPO Retail Individual Investors (RII) are offered 73,92,514 shares while in MSTC IPO retail investors are offered 73,92,514 shares. Qualified Institutional Buyers (QIB) are offered 42,24,293 shares in Aavas Financiers IPO and 1,32,00,000 shares in MSTC IPO.
| Aavas Financiers IPO | MSTC IPO | |
|---|---|---|
| Anchor Investor Reservation | 63,36,439 shares | |
| Market Maker Reservation | ||
| QIB | 42,24,293 shares | 1,32,00,000 shares |
| NII | 31,68,220 shares | 26,40,000 shares |
| RII | 73,92,514 shares | 17,60,000 shares |
| Employee | 70,400 shares | |
| Others | ||
| Total | 2,11,21,466 shares | 1,76,70,400 shares |
Aavas Financiers IPO subscribed 0.97x in total, whereas MSTC IPO subscribed 1.46x.
| Aavas Financiers IPO | MSTC IPO | |
|---|---|---|
| QIB (times) | 2.77x | 1.13x |
| NII (times) | 0.26x | 2.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.25x | 2.95x |
| Employee (times) | 1.54x | |
| Other (times) | ||
| Total (times) | 0.97x | 1.46x |
