Comparison between Bikaji Foods International IPO and Fusion Micro Finance IPO.
Bikaji Foods International IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fusion Micro Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bikaji Foods International IPO is up to ₹880.86 Cr whereas the issue size of the Fusion Micro Finance IPO is up to ₹1,103.99 Cr. The final issue price of Bikaji Foods International IPO is ₹300.00 per share and of Fusion Micro Finance IPO is ₹368.00 per share.
| Bikaji Foods International IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹285.00 per share | ₹350.00 per share |
| Issue Price (Upper) | ₹300.00 per share | ₹368.00 per share |
| Issue Price (Final) | ₹300.00 per share | ₹368.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 50 shares | 40 shares |
| Fresh Issue Size | 0 shares | 1,63,04,347 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 2,93,73,984 shares | 1,36,95,466 shares |
| OFS Issue Size (Amount) | up to ₹880.86 Cr | up to ₹503.99 Cr |
| Issue Size Total | 2,93,73,984 shares | 2,99,99,813 shares |
| Issue Size Total (Amount) | up to ₹880.86 Cr | up to ₹1,103.99 Cr |
Bikaji Foods International IPO opens on Nov 03, 2022, while Fusion Micro Finance IPO opens on Nov 02, 2022. The closing date of Bikaji Foods International IPO and Fusion Micro Finance IPO is Nov 07, 2022, and Nov 04, 2022, respectively.
| Bikaji Foods International IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2022 | Nov 01, 2022 |
| Issue Open | Nov 03, 2022 | Nov 02, 2022 |
| Issue Close | Nov 07, 2022 | Nov 04, 2022 |
| Basis Of Allotment (Tentative) | Nov 11, 2022 | Nov 10, 2022 |
| Initiation of Refunds (Tentative) | Nov 14, 2022 | Nov 11, 2022 |
| Credit of Share (Tentative) | Nov 15, 2022 | Nov 14, 2022 |
| Listing date (Tentative) | Nov 16, 2022 | Nov 15, 2022 |
| Anchor Lockin End date 1 | Dec 11, 2022 | Dec 10, 2022 |
| Anchor Lockin End date 2 | Feb 09, 2023 | Feb 08, 2023 |
Bikaji Foods International IPO P/E ratio is 119.05, as compared to Fusion Micro Finance IPO P/E ratio of 12.33.
| Bikaji Foods International IPO | Fusion Micro Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.97 | 85.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.96 | 58.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 119.05 | 12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7485.30 Cr. | ₹3703.21 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.5 | 1.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.17 | 1.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹2.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.51 | 1.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikaji Foods International IPO Retail Individual Investors (RII) are offered 1,01,93,395 shares while in Fusion Micro Finance IPO retail investors are offered 1,01,93,395 shares. Qualified Institutional Buyers (QIB) are offered 58,24,797 shares in Bikaji Foods International IPO and 59,99,963 shares in Fusion Micro Finance IPO.
| Bikaji Foods International IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,37,194 shares | 89,99,943 shares |
| Market Maker Reservation | ||
| QIB | 58,24,797 shares | 59,99,963 shares |
| NII | 43,68,598 shares | 44,99,972 shares |
| RII | 1,01,93,395 shares | 1,04,99,935 shares |
| Employee | 2,50,000 shares | |
| Others | ||
| Total | 2,93,73,984 shares | 2,99,99,813 shares |
Bikaji Foods International IPO subscribed 26.67x in total, whereas Fusion Micro Finance IPO subscribed 2.95x.
| Bikaji Foods International IPO | Fusion Micro Finance IPO | |
|---|---|---|
| QIB (times) | 80.63x | 8.59x |
| NII (times) | 7.10x | 1.38x |
| Big NII (times) | 7.47x | 1.52x |
| Small NII (times) | 6.34x | 1.09x |
| RII (times) | 4.77x | 0.51x |
| Employee (times) | 4.38x | |
| Other (times) | ||
| Total (times) | 26.67x | 2.95x |
