Comparison between Bajaj Housing Finance IPO and Premier Energies IPO.
Bajaj Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Premier Energies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Premier Energies IPO is ₹450.00 per share.
| Bajaj Housing Finance IPO | Premier Energies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹427.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹450.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹450.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹22.00 per share |
| Market Lot Size | 214 shares | 33 shares |
| Fresh Issue Size | 50,85,71,428 shares | 2,87,09,200 shares |
| Fresh Issue Size (Amount) | up to ₹3,560.00 Cr | up to ₹1,291.68 Cr |
| OFS Issue Size | 42,85,71,428 shares | 3,42,00,000 shares |
| OFS Issue Size (Amount) | up to ₹3,000.00 Cr | up to ₹1,538.72 Cr |
| Issue Size Total | 93,71,42,856 shares | 6,29,09,200 shares |
| Issue Size Total (Amount) | up to ₹6,560.00 Cr | up to ₹2,830.40 Cr |
Bajaj Housing Finance IPO opens on Sep 09, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Bajaj Housing Finance IPO and Premier Energies IPO is Sep 11, 2024, and Aug 29, 2024, respectively.
| Bajaj Housing Finance IPO | Premier Energies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Aug 26, 2024 |
| Issue Open | Sep 09, 2024 | Aug 27, 2024 |
| Issue Close | Sep 11, 2024 | Aug 29, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Aug 30, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 02, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 02, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 03, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Sep 28, 2024 |
| Anchor Lockin End date 2 | Dec 11, 2024 | Nov 27, 2024 |
Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Premier Energies IPO P/E ratio of 82.09.
| Bajaj Housing Finance IPO | Premier Energies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 70.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 88.75 | 64.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.62 | 82.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58297.03 Cr. | ₹20284.33 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.65% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.70 | 1.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.21 | ₹5.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.6% | 37.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Premier Energies IPO retail investors are offered 29,30,00,000 shares. Qualified Institutional Buyers (QIB) are offered 16,74,28,572 shares in Bajaj Housing Finance IPO and 1,25,35,111 shares in Premier Energies IPO.
| Bajaj Housing Finance IPO | Premier Energies IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,11,42,856 shares | 1,88,02,666 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,74,28,572 shares | 1,25,35,111 shares |
| NII | 12,55,71,429 shares | 94,01,334 shares |
| RII | 29,30,00,000 shares | 2,19,36,445 shares |
| Employee | 2,85,71,428 shares | 2,33,644 shares |
| Others | ||
| Total | 93,71,42,856 shares | 6,29,09,200 shares |
Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Premier Energies IPO subscribed 75.00x.
| Bajaj Housing Finance IPO | Premier Energies IPO | |
|---|---|---|
| QIB (times) | 222.05x | 212.42x |
| NII (times) | 43.98x | 50.98x |
| Big NII (times) | 50.53x | 58.00x |
| Small NII (times) | 30.88x | 36.96x |
| RII (times) | 7.41x | 7.44x |
| Employee (times) | 2.13x | 11.32x |
| Other (times) | 18.54x | |
| Total (times) | 67.43x | 75.00x |