Comparison between ASK Automotive IPO and ESAF Small Finance Bank IPO.
ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ESAF Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the ESAF Small Finance Bank IPO is up to ₹463.00 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of ESAF Small Finance Bank IPO is ₹60.00 per share.
| ASK Automotive IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹268.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹282.00 per share | ₹60.00 per share |
| Issue Price (Final) | ₹282.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 53 shares | 250 shares |
| Fresh Issue Size | 0 shares | 6,53,06,060 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹390.88 Cr |
| OFS Issue Size | 2,95,71,390 shares | 1,20,49,999 shares |
| OFS Issue Size (Amount) | up to ₹833.91 Cr | up to ₹72.12 Cr |
| Issue Size Total | 2,95,71,390 shares | 7,73,56,059 shares |
| Issue Size Total (Amount) | up to ₹833.91 Cr | up to ₹463.00 Cr |
ASK Automotive IPO opens on Nov 07, 2023, while ESAF Small Finance Bank IPO opens on Nov 03, 2023. The closing date of ASK Automotive IPO and ESAF Small Finance Bank IPO is Nov 09, 2023, and Nov 07, 2023, respectively.
| ASK Automotive IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2023 | Nov 02, 2023 |
| Issue Open | Nov 07, 2023 | Nov 03, 2023 |
| Issue Close | Nov 09, 2023 | Nov 07, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 08, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 08, 2023 |
| Credit of Share (Tentative) | Nov 13, 2023 | Nov 09, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Nov 10, 2023 |
| Anchor Lockin End date 1 | Dec 10, 2023 | Dec 08, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2024 | Feb 06, 2024 |
ASK Automotive IPO P/E ratio is 45.63, as compared to ESAF Small Finance Bank IPO P/E ratio of 8.94.
| ASK Automotive IPO | ESAF Small Finance Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 74.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 45.63 | 8.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5559.00 Cr. | ₹3087.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹6.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.10% | 17.69% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in ESAF Small Finance Bank IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 1,50,16,667 shares in ESAF Small Finance Bank IPO.
| ASK Automotive IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 88,71,416 shares | 2,25,24,998 shares |
| Market Maker Reservation | ||
| QIB | 59,14,278 shares | 1,50,16,667 shares |
| NII | 44,35,709 shares | 1,12,62,500 shares |
| RII | 1,03,49,987 shares | 2,62,79,167 shares |
| Employee | 22,72,727 shares | |
| Others | ||
| Total | 2,95,71,390 shares | 7,73,56,059 shares |
ASK Automotive IPO subscribed 51.14x in total, whereas ESAF Small Finance Bank IPO subscribed 77.00x.
| ASK Automotive IPO | ESAF Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 142.41x | 182.66x |
| NII (times) | 35.47x | 88.81x |
| Big NII (times) | 41.13x | 96.51x |
| Small NII (times) | 24.16x | 73.41x |
| RII (times) | 5.70x | 17.86x |
| Employee (times) | 4.59x | |
| Other (times) | ||
| Total (times) | 51.14x | 77.00x |
