Comparison between ASK Automotive IPO and Flair Writing Industries IPO.
ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Flair Writing Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the Flair Writing Industries IPO is up to ₹593.00 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Flair Writing Industries IPO is ₹304.00 per share.
| ASK Automotive IPO | Flair Writing Industries IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹268.00 per share | ₹288.00 per share |
| Issue Price (Upper) | ₹282.00 per share | ₹304.00 per share |
| Issue Price (Final) | ₹282.00 per share | ₹304.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 53 shares | 49 shares |
| Fresh Issue Size | 0 shares | 96,05,263 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹292.00 Cr |
| OFS Issue Size | 2,95,71,390 shares | 99,01,315 shares |
| OFS Issue Size (Amount) | up to ₹833.91 Cr | up to ₹301.00 Cr |
| Issue Size Total | 2,95,71,390 shares | 1,95,06,578 shares |
| Issue Size Total (Amount) | up to ₹833.91 Cr | up to ₹593.00 Cr |
ASK Automotive IPO opens on Nov 07, 2023, while Flair Writing Industries IPO opens on Nov 22, 2023. The closing date of ASK Automotive IPO and Flair Writing Industries IPO is Nov 09, 2023, and Nov 24, 2023, respectively.
| ASK Automotive IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2023 | Nov 21, 2023 |
| Issue Open | Nov 07, 2023 | Nov 22, 2023 |
| Issue Close | Nov 09, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 29, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 30, 2023 |
| Credit of Share (Tentative) | Nov 13, 2023 | Nov 30, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Dec 01, 2023 |
| Anchor Lockin End date 1 | Dec 10, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2024 | Feb 27, 2024 |
ASK Automotive IPO P/E ratio is 45.63, as compared to Flair Writing Industries IPO P/E ratio of 23.36.
| ASK Automotive IPO | Flair Writing Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 97.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 79.21 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 45.63 | 23.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5559.00 Cr. | ₹3204.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | 0.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.10% | 31.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Flair Writing Industries IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 39,01,316 shares in Flair Writing Industries IPO.
| ASK Automotive IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 88,71,416 shares | 58,51,972 shares |
| Market Maker Reservation | ||
| QIB | 59,14,278 shares | 39,01,316 shares |
| NII | 44,35,709 shares | 29,25,987 shares |
| RII | 1,03,49,987 shares | 68,27,303 shares |
| Employee | ||
| Others | ||
| Total | 2,95,71,390 shares | 1,95,06,578 shares |
ASK Automotive IPO subscribed 51.14x in total, whereas Flair Writing Industries IPO subscribed 49.28x.
| ASK Automotive IPO | Flair Writing Industries IPO | |
|---|---|---|
| QIB (times) | 142.41x | 122.02x |
| NII (times) | 35.47x | 35.23x |
| Big NII (times) | 41.13x | 36.53x |
| Small NII (times) | 24.16x | 32.61x |
| RII (times) | 5.70x | 13.73x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 51.14x | 49.28x |
