Comparison between Abans Holdings IPO and Elin Electronics IPO.
Abans Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Elin Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Elin Electronics IPO is up to ₹475.00 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Elin Electronics IPO is ₹247.00 per share.
| Abans Holdings IPO | Elin Electronics IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹256.00 per share | ₹234.00 per share |
| Issue Price (Upper) | ₹270.00 per share | ₹247.00 per share |
| Issue Price (Final) | ₹270.00 per share | ₹247.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 55 shares | 60 shares |
| Fresh Issue Size | 38,00,000 shares | 70,85,020 shares |
| Fresh Issue Size (Amount) | up to ₹102.60 Cr | up to ₹175.00 Cr |
| OFS Issue Size | 90,00,000 shares | 1,21,45,726 shares |
| OFS Issue Size (Amount) | up to ₹243.00 Cr | up to ₹300.00 Cr |
| Issue Size Total | 1,28,00,000 shares | 1,92,30,746 shares |
| Issue Size Total (Amount) | up to ₹345.60 Cr | up to ₹475.00 Cr |
Abans Holdings IPO opens on Dec 12, 2022, while Elin Electronics IPO opens on Dec 20, 2022. The closing date of Abans Holdings IPO and Elin Electronics IPO is Dec 15, 2022, and Dec 22, 2022, respectively.
| Abans Holdings IPO | Elin Electronics IPO | |
|---|---|---|
| Anchor Bid Date | Dec 19, 2022 | |
| Issue Open | Dec 12, 2022 | Dec 20, 2022 |
| Issue Close | Dec 15, 2022 | Dec 22, 2022 |
| Basis Of Allotment (Tentative) | Dec 20, 2022 | Dec 27, 2022 |
| Initiation of Refunds (Tentative) | Dec 21, 2022 | Dec 28, 2022 |
| Credit of Share (Tentative) | Dec 22, 2022 | Dec 29, 2022 |
| Listing date (Tentative) | Dec 23, 2022 | Dec 30, 2022 |
| Anchor Lockin End date 1 | Jan 26, 2023 | |
| Anchor Lockin End date 2 | Mar 27, 2023 |
Abans Holdings IPO P/E ratio is 18.96, as compared to Elin Electronics IPO P/E ratio of 29.69.
| Abans Holdings IPO | Elin Electronics IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.42 | 53.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.09 | 32.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.96 | 29.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1353.94 Cr. | ₹1226.58 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9 | 13.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | 15.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.37 | ₹9.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.01 | 12.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abans Holdings IPO Retail Individual Investors (RII) are offered 76,80,000 shares while in Elin Electronics IPO retail investors are offered 76,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 38,46,149 shares in Elin Electronics IPO.
| Abans Holdings IPO | Elin Electronics IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,69,223 shares | |
| Market Maker Reservation | ||
| QIB | 12,80,000 shares | 38,46,149 shares |
| NII | 38,40,000 shares | 28,84,612 shares |
| RII | 76,80,000 shares | 67,30,762 shares |
| Employee | ||
| Others | ||
| Total | 1,28,00,000 shares | 1,92,30,746 shares |
Abans Holdings IPO subscribed 1.10x in total, whereas Elin Electronics IPO subscribed 3.09x.
| Abans Holdings IPO | Elin Electronics IPO | |
|---|---|---|
| QIB (times) | 4.10x | 4.51x |
| NII (times) | 1.48x | 3.29x |
| Big NII (times) | 2.15x | 2.99x |
| Small NII (times) | 0.13x | 3.89x |
| RII (times) | 0.40x | 2.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.10x | 3.09x |
