Comparison between Afcons Infrastructure IPO and Manba Finance IPO.
Afcons Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Manba Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Afcons Infrastructure IPO is up to ₹5,430.00 Cr whereas the issue size of the Manba Finance IPO is up to ₹150.84 Cr. The final issue price of Afcons Infrastructure IPO is ₹463.00 per share and of Manba Finance IPO is ₹120.00 per share.
| Afcons Infrastructure IPO | Manba Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹440.00 per share | ₹114.00 per share |
| Issue Price (Upper) | ₹463.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹463.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹44.00 per share | |
| Market Lot Size | 32 shares | 125 shares |
| Fresh Issue Size | 2,70,46,362 shares | 1,25,70,000 shares |
| Fresh Issue Size (Amount) | up to ₹1,251.73 Cr | up to ₹150.84 Cr |
| OFS Issue Size | 9,02,80,777 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4,178.27 Cr | up to ₹0.00 Cr |
| Issue Size Total | 11,73,27,139 shares | 1,25,70,000 shares |
| Issue Size Total (Amount) | up to ₹5,430.00 Cr | up to ₹150.84 Cr |
Afcons Infrastructure IPO opens on Oct 25, 2024, while Manba Finance IPO opens on Sep 23, 2024. The closing date of Afcons Infrastructure IPO and Manba Finance IPO is Oct 29, 2024, and Sep 25, 2024, respectively.
| Afcons Infrastructure IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2024 | Sep 20, 2024 |
| Issue Open | Oct 25, 2024 | Sep 23, 2024 |
| Issue Close | Oct 29, 2024 | Sep 25, 2024 |
| Basis Of Allotment (Tentative) | Oct 30, 2024 | Sep 26, 2024 |
| Initiation of Refunds (Tentative) | Oct 31, 2024 | Sep 26, 2024 |
| Credit of Share (Tentative) | Oct 31, 2024 | Sep 27, 2024 |
| Listing date (Tentative) | Nov 04, 2024 | Sep 30, 2024 |
| Anchor Lockin End date 1 | Nov 29, 2024 | Oct 26, 2024 |
| Anchor Lockin End date 2 | Jan 28, 2025 | Dec 25, 2024 |
Afcons Infrastructure IPO P/E ratio is 35.08, as compared to Manba Finance IPO P/E ratio of 14.39.
| Afcons Infrastructure IPO | Manba Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.64 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 50.17 | 74.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.08 | 14.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17026.18 Cr. | ₹602.87 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.55% | 21.36% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.89% | 19.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.91 | 3.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.20 | ₹8.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 2.50% | 15.66% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Afcons Infrastructure IPO Retail Individual Investors (RII) are offered 4,08,58,532 shares while in Manba Finance IPO retail investors are offered 4,08,58,532 shares. Qualified Institutional Buyers (QIB) are offered 2,33,47,732 shares in Afcons Infrastructure IPO and 25,14,000 shares in Manba Finance IPO.
| Afcons Infrastructure IPO | Manba Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,50,21,597 shares | 37,71,000 shares |
| Market Maker Reservation | ||
| QIB | 2,33,47,732 shares | 25,14,000 shares |
| NII | 1,75,10,800 shares | 18,85,500 shares |
| RII | 4,08,58,532 shares | 43,99,500 shares |
| Employee | 5,96,658 shares | |
| Others | ||
| Total | 11,73,35,319 shares | 1,25,70,000 shares |
Afcons Infrastructure IPO subscribed 2.77x in total, whereas Manba Finance IPO subscribed 224.05x.
| Afcons Infrastructure IPO | Manba Finance IPO | |
|---|---|---|
| QIB (times) | 3.99x | 148.55x |
| NII (times) | 531.00x | 511.62x |
| Big NII (times) | 6.63x | 546.56x |
| Small NII (times) | 267.00x | 441.73x |
| RII (times) | 99.00x | 143.95x |
| Employee (times) | 177.00x | |
| Other (times) | ||
| Total (times) | 2.77x | 224.05x |
