Electronics Mart IPO vs Fusion Micro Finance IPO

Comparison between Electronics Mart IPO and Fusion Micro Finance IPO.

IPO Details

Electronics Mart 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.

Issue Size and Price

The total issue size of Electronics Mart IPO is up to ₹500.00 Cr whereas the issue size of the Fusion Micro Finance IPO is up to ₹1,103.99 Cr. The final issue price of Electronics Mart IPO is ₹59.00 per share and of Fusion Micro Finance IPO is ₹368.00 per share.

 Electronics Mart IPOFusion Micro Finance IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹56.00 per share₹350.00 per share
Issue Price (Upper)₹59.00 per share₹368.00 per share
Issue Price (Final)₹59.00 per share₹368.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size254 shares40 shares
Fresh Issue Size8,47,45,762 shares1,63,04,347 shares
Fresh Issue Size (Amount)up to ₹500.00 Crup to ₹600.00 Cr
OFS Issue Size0 shares1,36,95,466 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹503.99 Cr
Issue Size Total8,47,45,762 shares2,99,99,813 shares
Issue Size Total (Amount)up to ₹500.00 Crup to ₹1,103.99 Cr

IPO Timetable

Electronics Mart IPO opens on Oct 04, 2022, while Fusion Micro Finance IPO opens on Nov 02, 2022. The closing date of Electronics Mart IPO and Fusion Micro Finance IPO is Oct 07, 2022, and Nov 04, 2022, respectively.

 Electronics Mart IPOFusion Micro Finance IPO
Anchor Bid DateOct 03, 2022Nov 01, 2022
Issue OpenOct 04, 2022Nov 02, 2022
Issue CloseOct 07, 2022Nov 04, 2022
Basis Of Allotment (Tentative)Oct 12, 2022Nov 10, 2022
Initiation of Refunds (Tentative)Oct 13, 2022Nov 11, 2022
Credit of Share (Tentative)Oct 14, 2022Nov 14, 2022
Listing date (Tentative)Oct 17, 2022Nov 15, 2022
Anchor Lockin End date 1Nov 11, 2022Dec 10, 2022
Anchor Lockin End date 2Jan 10, 2023Feb 08, 2023

Financials & KPIs

Electronics Mart IPO P/E ratio is 13.95, as compared to Fusion Micro Finance IPO P/E ratio of 12.33.

 Electronics Mart IPOFusion Micro Finance IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,755.581,824.741,523.531,347.601,109.15
Total Income1,410.254,353.073,207.373,179.022,826.10
Profit After Tax40.66103.8958.6281.6177.10
NET Worth637.97596.51491.92433.08340.50
Reserves and Surplus0.000.000.000.00
Total Borrowing475.91593.64547.95520.55377.06
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 2020
Assets7,615.247,290.485,824.875,837.934,239.99
Total Income360.451,201.35264.96873.09730.31
Profit After Tax75.1021.764.4143.9469.61
NET Worth1,416.471,337.951,251.651,246.361,198.89
Total Borrowing6,009.975,775.814,422.654,432.252,973.69
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10085.57
Promoter Shareholding (Post-Issue)77.9758.10
P/E Ratio13.9512.33
Market Cap₹2270.02 Cr.₹3703.21 Cr.
ROE17.421.68
ROCE18.87
Debt/Equity48.041.20
EPS₹3.46₹2.67
RoNW17.421.63

Shares Offered

In the Electronics Mart IPO Retail Individual Investors (RII) are offered 2,96,61,017 shares while in Fusion Micro Finance IPO retail investors are offered 2,96,61,017 shares. Qualified Institutional Buyers (QIB) are offered 1,69,49,152 shares in Electronics Mart IPO and 59,99,963 shares in Fusion Micro Finance IPO.

 Electronics Mart IPOFusion Micro Finance IPO
Anchor Investor Reservation2,54,23,728 shares89,99,943 shares
Market Maker Reservation
QIB1,69,49,152 shares59,99,963 shares
NII1,27,11,865 shares44,99,972 shares
RII2,96,61,017 shares1,04,99,935 shares
Employee
Others
Total8,47,45,762 shares2,99,99,813 shares

Bids Received (Subscription)

Electronics Mart IPO subscribed 71.93x in total, whereas Fusion Micro Finance IPO subscribed 2.95x.

 Electronics Mart IPOFusion Micro Finance IPO
QIB (times)169.54x8.59x
NII (times)63.59x1.38x
Big NII (times)66.18x1.52x
Small NII (times)58.42x1.09x
RII (times)19.72x0.51x
Employee (times)
Other (times)
Total (times)71.93x2.95x

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