Comparison between Bikaji Foods International IPO and Inox Green Energy IPO.
Bikaji Foods International IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox Green Energy 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 Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Bikaji Foods International IPO is ₹300.00 per share and of Inox Green Energy IPO is ₹65.00 per share.
| Bikaji Foods International IPO | Inox Green Energy IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹285.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹300.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹300.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | |
| Market Lot Size | 50 shares | 230 shares |
| Fresh Issue Size | 0 shares | 5,69,23,076 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹370.00 Cr |
| OFS Issue Size | 2,93,73,984 shares | 5,69,23,076 shares |
| OFS Issue Size (Amount) | up to ₹880.86 Cr | up to ₹370.00 Cr |
| Issue Size Total | 2,93,73,984 shares | 11,38,46,152 shares |
| Issue Size Total (Amount) | up to ₹880.86 Cr | up to ₹740.00 Cr |
Bikaji Foods International IPO opens on Nov 03, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Bikaji Foods International IPO and Inox Green Energy IPO is Nov 07, 2022, and Nov 15, 2022, respectively.
| Bikaji Foods International IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2022 | Nov 10, 2022 |
| Issue Open | Nov 03, 2022 | Nov 11, 2022 |
| Issue Close | Nov 07, 2022 | Nov 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 11, 2022 | Nov 18, 2022 |
| Initiation of Refunds (Tentative) | Nov 14, 2022 | Nov 21, 2022 |
| Credit of Share (Tentative) | Nov 15, 2022 | Nov 22, 2022 |
| Listing date (Tentative) | Nov 16, 2022 | Nov 23, 2022 |
| Anchor Lockin End date 1 | Dec 11, 2022 | Dec 18, 2022 |
| Anchor Lockin End date 2 | Feb 09, 2023 | Feb 16, 2023 |
Bikaji Foods International IPO P/E ratio is 119.05, as compared to Inox Green Energy IPO P/E ratio of -327.
| Bikaji Foods International IPO | Inox Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 77.97 | 93.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.96 | 56.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 119.05 | -327 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7485.30 Cr. | ₹1897.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.17 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹-0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.51 | -0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bikaji Foods International IPO Retail Individual Investors (RII) are offered 1,01,93,395 shares while in Inox Green Energy 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 3,41,53,846 shares in Inox Green Energy IPO.
| Bikaji Foods International IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,37,194 shares | 5,12,30,769 shares |
| Market Maker Reservation | ||
| QIB | 58,24,797 shares | 3,41,53,846 shares |
| NII | 43,68,598 shares | 1,70,76,922 shares |
| RII | 1,01,93,395 shares | 1,13,84,615 shares |
| Employee | 2,50,000 shares | |
| Others | ||
| Total | 2,93,73,984 shares | 11,38,46,152 shares |
Bikaji Foods International IPO subscribed 26.67x in total, whereas Inox Green Energy IPO subscribed 1.55x.
| Bikaji Foods International IPO | Inox Green Energy IPO | |
|---|---|---|
| QIB (times) | 80.63x | 1.05x |
| NII (times) | 7.10x | 0.47x |
| Big NII (times) | 7.47x | 0.39x |
| Small NII (times) | 6.34x | 0.64x |
| RII (times) | 4.77x | 4.70x |
| Employee (times) | 4.38x | |
| Other (times) | ||
| Total (times) | 26.67x | 1.55x |
