Comparison between Baazar Style Retail IPO and Bajaj Housing Finance IPO.
Baazar Style Retail IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Bajaj Housing Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Baazar Style Retail IPO is up to ₹834.68 Cr whereas the issue size of the Bajaj Housing Finance IPO is up to ₹6,560.00 Cr. The final issue price of Baazar Style Retail IPO is ₹389.00 per share and of Bajaj Housing Finance IPO is ₹70.00 per share.
| Baazar Style Retail IPO | Bajaj Housing Finance IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹370.00 per share | ₹66.00 per share |
| Issue Price (Upper) | ₹389.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹389.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹35.00 per share | ₹0.00 per share |
| Market Lot Size | 38 shares | 214 shares |
| Fresh Issue Size | 38,06,387 shares | 50,85,71,428 shares |
| Fresh Issue Size (Amount) | up to ₹148.06 Cr | up to ₹3,560.00 Cr |
| OFS Issue Size | 1,76,52,320 shares | 42,85,71,428 shares |
| OFS Issue Size (Amount) | up to ₹686.62 Cr | up to ₹3,000.00 Cr |
| Issue Size Total | 2,14,58,707 shares | 93,71,42,856 shares |
| Issue Size Total (Amount) | up to ₹834.68 Cr | up to ₹6,560.00 Cr |
Baazar Style Retail IPO opens on Aug 30, 2024, while Bajaj Housing Finance IPO opens on Sep 09, 2024. The closing date of Baazar Style Retail IPO and Bajaj Housing Finance IPO is Sep 03, 2024, and Sep 11, 2024, respectively.
| Baazar Style Retail IPO | Bajaj Housing Finance IPO | |
|---|---|---|
| Anchor Bid Date | Aug 29, 2024 | Sep 06, 2024 |
| Issue Open | Aug 30, 2024 | Sep 09, 2024 |
| Issue Close | Sep 03, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 04, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 05, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 05, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 06, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 03, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 02, 2024 | Dec 11, 2024 |
Baazar Style Retail IPO P/E ratio is 125.54, as compared to Bajaj Housing Finance IPO P/E ratio of 31.62.
| Baazar Style Retail IPO | Bajaj Housing Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 55.03 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 45.56 | 88.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 125.54 | 31.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2902.55 Cr. | ₹58297.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.74% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.39% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.76 | 5.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.10 | ₹2.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.32% | 3.6% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Baazar Style Retail IPO Retail Individual Investors (RII) are offered 75,00,934 shares while in Bajaj Housing Finance IPO retail investors are offered 75,00,934 shares. Qualified Institutional Buyers (QIB) are offered 42,86,248 shares in Baazar Style Retail IPO and 16,74,28,572 shares in Bajaj Housing Finance IPO.
| Baazar Style Retail IPO | Bajaj Housing Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 64,29,372 shares | 25,11,42,856 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 42,86,248 shares | 16,74,28,572 shares |
| NII | 32,14,686 shares | 12,55,71,429 shares |
| RII | 75,00,934 shares | 29,30,00,000 shares |
| Employee | 28,248 shares | 2,85,71,428 shares |
| Others | ||
| Total | 2,14,59,488 shares | 93,71,42,856 shares |
Baazar Style Retail IPO subscribed 40.63x in total, whereas Bajaj Housing Finance IPO subscribed 67.43x.
| Baazar Style Retail IPO | Bajaj Housing Finance IPO | |
|---|---|---|
| QIB (times) | 81.83x | 222.05x |
| NII (times) | 59.41x | 43.98x |
| Big NII (times) | 69.27x | 50.53x |
| Small NII (times) | 39.68x | 30.88x |
| RII (times) | 9.07x | 7.41x |
| Employee (times) | 35.08x | 2.13x |
| Other (times) | 18.54x | |
| Total (times) | 40.63x | 67.43x |
