Comparison between Crizac IPO and HDB Financial IPO.
Crizac IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while HDB Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Crizac IPO is up to ₹860.00 Cr whereas the issue size of the HDB Financial IPO is up to ₹12,500.00 Cr. The final issue price of Crizac IPO is ₹245.00 per share and of HDB Financial IPO is ₹740.00 per share.
| Crizac IPO | HDB Financial IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹233.00 per share | ₹700.00 per share |
| Issue Price (Upper) | ₹245.00 per share | ₹740.00 per share |
| Issue Price (Final) | ₹245.00 per share | ₹740.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 61 shares | 20 shares |
| Fresh Issue Size | 0 shares | 3,37,83,782 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2,500.00 Cr |
| OFS Issue Size | 3,51,02,040 shares | 13,51,35,135 shares |
| OFS Issue Size (Amount) | up to ₹860.00 Cr | up to ₹10,000.00 Cr |
| Issue Size Total | 3,51,02,040 shares | 16,89,18,917 shares |
| Issue Size Total (Amount) | up to ₹860.00 Cr | up to ₹12,500.00 Cr |
Crizac IPO opens on Jul 02, 2025, while HDB Financial IPO opens on Jun 25, 2025. The closing date of Crizac IPO and HDB Financial IPO is Jul 04, 2025, and Jun 27, 2025, respectively.
| Crizac IPO | HDB Financial IPO | |
|---|---|---|
| Anchor Bid Date | Jul 01, 2025 | Jun 24, 2025 |
| Issue Open | Jul 02, 2025 | Jun 25, 2025 |
| Issue Close | Jul 04, 2025 | Jun 27, 2025 |
| Basis Of Allotment (Tentative) | Jul 07, 2025 | Jun 30, 2025 |
| Initiation of Refunds (Tentative) | Jul 08, 2025 | Jul 01, 2025 |
| Credit of Share (Tentative) | Jul 08, 2025 | Jul 01, 2025 |
| Listing date (Tentative) | Jul 09, 2025 | Jul 02, 2025 |
| Anchor Lockin End date 1 | Aug 05, 2025 | Jul 29, 2025 |
| Anchor Lockin End date 2 | Oct 04, 2025 | Sep 27, 2025 |
Crizac IPO P/E ratio is 28.03, as compared to HDB Financial IPO P/E ratio of 27.
| Crizac IPO | HDB Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Proforma Consolidated)Crizac Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)HDB Financial Services Ltd.'s revenue increased by 15% and profit after tax (PAT) dropped by 12% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 94.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 79.94 | 74.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.03 | 27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4287.07 Cr. | ₹61253.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.24% | 14.72% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40.03% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.74 | ₹27.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Crizac IPO Retail Individual Investors (RII) are offered 1,22,85,714 shares while in HDB Financial IPO retail investors are offered 1,22,85,714 shares. Qualified Institutional Buyers (QIB) are offered 70,20,407 shares in Crizac IPO and 3,03,51,351 shares in HDB Financial IPO.
| Crizac IPO | HDB Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,05,30,612 shares | 4,55,27,026 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 70,20,407 shares | 3,03,51,351 shares |
| NII | 52,65,306 shares | 2,27,63,514 shares |
| RII | 1,22,85,714 shares | 5,31,14,865 shares |
| Employee | 2,70,270 shares | |
| Others | ||
| Total | 3,51,02,040 shares | 16,89,18,917 shares |
Crizac IPO subscribed 62.89x in total, whereas HDB Financial IPO subscribed 17.65x.
| Crizac IPO | HDB Financial IPO | |
|---|---|---|
| QIB (times) | 141.27x | 58.64x |
| NII (times) | 80.07x | 10.55x |
| Big NII (times) | 92.95x | 12.44x |
| Small NII (times) | 54.32x | 6.79x |
| RII (times) | 10.74x | 1.51x |
| Employee (times) | 6.03x | |
| Other (times) | 4.50x | |
| Total (times) | 62.89x | 17.65x |
