Archean Chemical Industries IPO vs Five-Star Business Finance IPO

Comparison between Archean Chemical Industries IPO and Five-Star Business Finance IPO.

IPO Details

Archean Chemical Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Five-Star Business Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Five-Star Business Finance IPO is up to ₹1,588.51 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Five-Star Business Finance IPO is ₹474.00 per share.

 Archean Chemical Industries IPOFive-Star Business Finance IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹386.00 per share₹450.00 per share
Issue Price (Upper)₹407.00 per share₹474.00 per share
Issue Price (Final)₹407.00 per share₹474.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size36 shares31 shares
Fresh Issue Size1,97,78,869 shares0 shares
Fresh Issue Size (Amount)up to ₹805.00 Crup to ₹0.00 Cr
OFS Issue Size1,61,50,000 shares3,35,12,901 shares
OFS Issue Size (Amount)up to ₹657.31 Crup to ₹1,588.51 Cr
Issue Size Total3,59,28,869 shares3,35,12,901 shares
Issue Size Total (Amount)up to ₹1,462.30 Crup to ₹1,588.51 Cr

IPO Timetable

Archean Chemical Industries IPO opens on Nov 09, 2022, while Five-Star Business Finance IPO opens on Nov 09, 2022. The closing date of Archean Chemical Industries IPO and Five-Star Business Finance IPO is Nov 11, 2022, and Nov 11, 2022, respectively.

 Archean Chemical Industries IPOFive-Star Business Finance IPO
Anchor Bid DateNov 07, 2022Nov 07, 2022
Issue OpenNov 09, 2022Nov 09, 2022
Issue CloseNov 11, 2022Nov 11, 2022
Basis Of Allotment (Tentative)Nov 16, 2022Nov 16, 2022
Initiation of Refunds (Tentative)Nov 17, 2022Nov 17, 2022
Credit of Share (Tentative)Nov 18, 2022Nov 18, 2022
Listing date (Tentative)Nov 21, 2022Nov 21, 2022
Anchor Lockin End date 1Dec 16, 2022Dec 16, 2022
Anchor Lockin End date 2Feb 14, 2023Feb 14, 2023

Financials & KPIs

Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Five-Star Business Finance IPO P/E ratio of 24.76.

 Archean Chemical Industries IPOFive-Star Business Finance IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202031 Mar 2019
Assets1,606.651,529.681,428.601,260.51
Total Income408.821,142.83617.00572.91
Profit After Tax84.41188.58-36.2439.97
NET Worth345.44261.075.9742.37
Reserves and Surplus0.000.00
Total Borrowing915.58921.87929.26772.02
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 2020
Assets6,471.556,343.076,129.105,793.614,353.15
Total Income339.061,256.17300.761,051.26787.35
Profit After Tax139.43453.55101.57358.99261.95
NET Worth3,856.983,710.352,944.412,318.171,944.58
Reserves and Surplus0.000.000.000.000.00
Total Borrowing2,520.322,558.833,121.223,425.202,363.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)65.5840.07
Promoter Shareholding (Post-Issue)53.4133.65
P/E Ratio16.7824.76
Market Cap₹5665.56 Cr.₹13810.75 Cr.
ROE113.1113.86
ROCE34.62
Debt/Equity3.530.69
EPS₹18.26₹16.09
RoNW72.2413.86

Shares Offered

In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Five-Star Business Finance IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 44,03,435 shares in Five-Star Business Finance IPO.

 Archean Chemical Industries IPOFive-Star Business Finance IPO
Anchor Investor Reservation1,61,67,991 shares1,24,05,094 shares
Market Maker Reservation
QIB1,07,78,662 shares44,03,435 shares
NII53,89,330 shares50,42,560 shares
RII35,92,886 shares1,17,65,972 shares
Employee
Others
Total3,59,28,869 shares3,36,17,061 shares

Bids Received (Subscription)

Archean Chemical Industries IPO subscribed 32.23x in total, whereas Five-Star Business Finance IPO subscribed 0.70x.

 Archean Chemical Industries IPOFive-Star Business Finance IPO
QIB (times)48.91x1.77x
NII (times)14.90x0.61x
Big NII (times)16.90x0.78x
Small NII (times)10.92x0.28x
RII (times)9.96x0.11x
Employee (times)
Other (times)
Total (times)32.23x0.70x

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