Comparison between Ather Energy IPO and Canara HSBC Life IPO.
Ather Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Canara HSBC Life IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ather Energy IPO is up to ₹2,980.76 Cr whereas the issue size of the Canara HSBC Life IPO is up to ₹2,517.50 Cr. The final issue price of Ather Energy IPO is ₹321.00 per share and of Canara HSBC Life IPO is ₹106.00 per share.
| Ather Energy IPO | Canara HSBC Life IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹304.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹321.00 per share | ₹106.00 per share |
| Issue Price (Final) | ₹321.00 per share | ₹106.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹30.00 per share | ₹10.00 per share |
| Market Lot Size | 46 shares | 140 shares |
| Fresh Issue Size | 8,18,16,199 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹2,626.04 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,10,51,746 shares | 23,75,00,000 shares |
| OFS Issue Size (Amount) | up to ₹354.73 Cr | up to ₹2,517.50 Cr |
| Issue Size Total | 9,28,67,945 shares | 23,75,00,000 shares |
| Issue Size Total (Amount) | up to ₹2,980.76 Cr | up to ₹2,517.50 Cr |
Ather Energy IPO opens on Apr 28, 2025, while Canara HSBC Life IPO opens on Oct 10, 2025. The closing date of Ather Energy IPO and Canara HSBC Life IPO is Apr 30, 2025, and Oct 14, 2025, respectively.
| Ather Energy IPO | Canara HSBC Life IPO | |
|---|---|---|
| Anchor Bid Date | Apr 25, 2025 | Oct 09, 2025 |
| Issue Open | Apr 28, 2025 | Oct 10, 2025 |
| Issue Close | Apr 30, 2025 | Oct 14, 2025 |
| Basis Of Allotment (Tentative) | May 02, 2025 | Oct 15, 2025 |
| Initiation of Refunds (Tentative) | May 05, 2025 | Oct 16, 2025 |
| Credit of Share (Tentative) | May 05, 2025 | Oct 16, 2025 |
| Listing date (Tentative) | May 06, 2025 | Oct 17, 2025 |
| Anchor Lockin End date 1 | Jun 02, 2025 | Nov 13, 2025 |
| Anchor Lockin End date 2 | Jul 30, 2025 | Jan 12, 2026 |
Ather Energy IPO P/E ratio is , as compared to Canara HSBC Life IPO P/E ratio of 86.08.
| Ather Energy IPO | Canara HSBC Life IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)
| Company Financials (Restated)Canara HSBC Life Insurance Co.Ltd.'s revenue decreased by 3% and profit after tax (PAT) rose by 3% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 54.61 | 77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 42.09 | 62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 86.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹11955.96 Cr. | ₹10070.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7.71% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-47.00 | ₹1.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -194% | 7.97% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ather Energy IPO Retail Individual Investors (RII) are offered 92,76,794 shares while in Canara HSBC Life IPO retail investors are offered 92,76,794 shares. Qualified Institutional Buyers (QIB) are offered 2,78,30,384 shares in Ather Energy IPO and 4,71,90,000 shares in Canara HSBC Life IPO.
| Ather Energy IPO | Canara HSBC Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,17,45,576 shares | 7,07,85,000 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 2,78,30,384 shares | 4,71,90,000 shares |
| NII | 1,39,15,191 shares | 3,53,92,500 shares |
| RII | 92,76,794 shares | 8,25,82,500 shares |
| Employee | 1,00,000 shares | 15,50,000 shares |
| Others | ||
| Total | 9,28,67,945 shares | 23,75,00,000 shares |
Ather Energy IPO subscribed 1.50x in total, whereas Canara HSBC Life IPO subscribed 2.30x.
| Ather Energy IPO | Canara HSBC Life IPO | |
|---|---|---|
| QIB (times) | 1.76x | 7.05x |
| NII (times) | 0.69x | 0.33x |
| Big NII (times) | 0.74x | 0.28x |
| Small NII (times) | 0.60x | 0.44x |
| RII (times) | 1.89x | 0.42x |
| Employee (times) | 5.43x | 2.06x |
| Other (times) | ||
| Total (times) | 1.50x | 2.30x |
