Comparison between Bharat Highways InvIT InvIT and Popular Vehicles IPO.
Bharat Highways InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Popular Vehicles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bharat Highways InvIT InvIT is up to ₹2,500.00 Cr whereas the issue size of the Popular Vehicles IPO is up to ₹601.55 Cr. The final issue price of Bharat Highways InvIT InvIT is ₹100.00 per share and of Popular Vehicles IPO is ₹295.00 per share.
| Bharat Highways InvIT InvIT | Popular Vehicles IPO | |
|---|---|---|
| Face Value | ₹2 per share | |
| Issue Price (Lower) | ₹98.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹295.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹295.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹28.00 per share | |
| Market Lot Size | 150 shares | 50 shares |
| Fresh Issue Size | 24,99,99,900 shares | 84,76,753 shares |
| Fresh Issue Size (Amount) | up to ₹2,500.00 Cr | up to ₹250.04 Cr |
| OFS Issue Size | 0 shares | 1,19,17,075 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹351.52 Cr |
| Issue Size Total | 24,99,99,900 shares | 2,03,93,828 shares |
| Issue Size Total (Amount) | up to ₹2,500.00 Cr | up to ₹601.55 Cr |
Bharat Highways InvIT InvIT opens on Feb 28, 2024, while Popular Vehicles IPO opens on Mar 12, 2024. The closing date of Bharat Highways InvIT InvIT and Popular Vehicles IPO is Mar 01, 2024, and Mar 14, 2024, respectively.
| Bharat Highways InvIT InvIT | Popular Vehicles IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2024 | Mar 11, 2024 |
| Issue Open | Feb 28, 2024 | Mar 12, 2024 |
| Issue Close | Mar 01, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | Mar 06, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | Mar 07, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | Mar 07, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | Mar 12, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | Apr 05, 2024 | Apr 14, 2024 |
| Anchor Lockin End date 2 | Jun 04, 2024 | Jun 13, 2024 |
Bharat Highways InvIT InvIT P/E ratio is , as compared to Popular Vehicles IPO P/E ratio of 28.88.
| Bharat Highways InvIT InvIT | Popular Vehicles IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 69.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2100.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8.83% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bharat Highways InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in Popular Vehicles IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 5,50,65,000 shares in Bharat Highways InvIT InvIT and 40,71,550 shares in Popular Vehicles IPO.
| Bharat Highways InvIT InvIT | Popular Vehicles IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,25,97,350 shares | 61,07,325 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 5,50,65,000 shares | 40,71,550 shares |
| NII | 4,58,87,550 shares | 30,53,663 shares |
| RII | 0 shares | 71,25,214 shares |
| Employee | 0 shares | 37,453 shares |
| Others | ||
| Total | 24,99,99,900 shares | 2,03,95,205 shares |
Bharat Highways InvIT InvIT subscribed 6.74x in total, whereas Popular Vehicles IPO subscribed 1.25x.
| Bharat Highways InvIT InvIT | Popular Vehicles IPO | |
|---|---|---|
| QIB (times) | 6.59x | 1.92x |
| NII (times) | 0.67x | |
| Big NII (times) | 0.67x | |
| Small NII (times) | 0.68x | |
| RII (times) | 1.07x | |
| Employee (times) | 8.04x | |
| Other (times) | 6.93x | |
| Total (times) | 6.74x | 1.25x |
