Bajaj Housing Finance IPO vs Shree Tirupati Balajee Agro IPO

Comparison between Bajaj Housing Finance IPO and Shree Tirupati Balajee Agro IPO.

IPO Details

Bajaj Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shree Tirupati Balajee Agro IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Shree Tirupati Balajee Agro IPO is up to ₹169.65 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Shree Tirupati Balajee Agro IPO is ₹83.00 per share.

 Bajaj Housing Finance IPOShree Tirupati Balajee Agro IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹66.00 per share₹78.00 per share
Issue Price (Upper)₹70.00 per share₹83.00 per share
Issue Price (Final)₹70.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size214 shares180 shares
Fresh Issue Size50,85,71,428 shares1,47,50,000 shares
Fresh Issue Size (Amount)up to ₹3,560.00 Crup to ₹122.43 Cr
OFS Issue Size42,85,71,428 shares56,90,000 shares
OFS Issue Size (Amount)up to ₹3,000.00 Crup to ₹47.23 Cr
Issue Size Total93,71,42,856 shares2,04,40,000 shares
Issue Size Total (Amount)up to ₹6,560.00 Crup to ₹169.65 Cr

IPO Timetable

Bajaj Housing Finance IPO opens on Sep 09, 2024, while Shree Tirupati Balajee Agro IPO opens on Sep 05, 2024. The closing date of Bajaj Housing Finance IPO and Shree Tirupati Balajee Agro IPO is Sep 11, 2024, and Sep 09, 2024, respectively.

 Bajaj Housing Finance IPOShree Tirupati Balajee Agro IPO
Anchor Bid DateSep 06, 2024Sep 04, 2024
Issue OpenSep 09, 2024Sep 05, 2024
Issue CloseSep 11, 2024Sep 09, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Sep 10, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Sep 11, 2024
Credit of Share (Tentative)Sep 13, 2024Sep 11, 2024
Listing date (Tentative)Sep 16, 2024Sep 12, 2024
Anchor Lockin End date 1Oct 12, 2024Oct 09, 2024
Anchor Lockin End date 2Dec 11, 2024Dec 08, 2024

Financials & KPIs

Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Shree Tirupati Balajee Agro IPO P/E ratio of 15.37.

 Bajaj Housing Finance IPOShree Tirupati Balajee Agro IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets88,538.8381,827.0964,654.1448,527.08
Total Income2,208.737,617.715,665.443,767.13
Profit After Tax482.611,731.221,257.80709.62
NET Worth14,719.9112,233.5010,503.196,741.36
Reserves and Surplus4,252.835,520.813,791.031,858.03
Total Borrowing73,347.0669,129.3253,745.3941,492.32
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets516.94392.46391.89
Total Income552.82478.14453.79
Profit After Tax36.0720.7213.66
NET Worth173.07110.2192.23
Reserves and Surplus106.24109.05
Total Borrowing243.69223.81240.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10088.38
Promoter Shareholding (Post-Issue)88.7565.42
P/E Ratio31.6215.37
Market Cap₹58297.03 Cr.₹677.04 Cr.
ROE20.84%
ROCE16.29%
Debt/Equity5.701.41
EPS₹2.21₹5.40
RoNW3.6%20.84%

Shares Offered

In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Shree Tirupati Balajee Agro 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 40,88,000 shares in Shree Tirupati Balajee Agro IPO.

 Bajaj Housing Finance IPOShree Tirupati Balajee Agro IPO
Anchor Investor Reservation25,11,42,856 shares61,32,000 shares
Market Maker Reservation0 shares
QIB16,74,28,572 shares40,88,000 shares
NII12,55,71,429 shares30,66,000 shares
RII29,30,00,000 shares71,54,000 shares
Employee2,85,71,428 shares
Others
Total93,71,42,856 shares2,04,40,000 shares

Bids Received (Subscription)

Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Shree Tirupati Balajee Agro IPO subscribed 124.74x.

 Bajaj Housing Finance IPOShree Tirupati Balajee Agro IPO
QIB (times)222.05x150.87x
NII (times)43.98x210.12x
Big NII (times)50.53x225.47x
Small NII (times)30.88x179.41x
RII (times)7.41x73.22x
Employee (times)2.13x
Other (times)18.54x
Total (times)67.43x124.74x

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