Comparison between ESAF Small Finance Bank IPO and Flair Writing Industries IPO.
ESAF Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Flair Writing Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ESAF Small Finance Bank IPO is up to ₹463.00 Cr whereas the issue size of the Flair Writing Industries IPO is up to ₹593.00 Cr. The final issue price of ESAF Small Finance Bank IPO is ₹60.00 per share and of Flair Writing Industries IPO is ₹304.00 per share.
| ESAF Small Finance Bank IPO | Flair Writing Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹57.00 per share | ₹288.00 per share |
| Issue Price (Upper) | ₹60.00 per share | ₹304.00 per share |
| Issue Price (Final) | ₹60.00 per share | ₹304.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 250 shares | 49 shares |
| Fresh Issue Size | 6,53,06,060 shares | 96,05,263 shares |
| Fresh Issue Size (Amount) | up to ₹390.88 Cr | up to ₹292.00 Cr |
| OFS Issue Size | 1,20,49,999 shares | 99,01,315 shares |
| OFS Issue Size (Amount) | up to ₹72.12 Cr | up to ₹301.00 Cr |
| Issue Size Total | 7,73,56,059 shares | 1,95,06,578 shares |
| Issue Size Total (Amount) | up to ₹463.00 Cr | up to ₹593.00 Cr |
ESAF Small Finance Bank IPO opens on Nov 03, 2023, while Flair Writing Industries IPO opens on Nov 22, 2023. The closing date of ESAF Small Finance Bank IPO and Flair Writing Industries IPO is Nov 07, 2023, and Nov 24, 2023, respectively.
| ESAF Small Finance Bank IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2023 | Nov 21, 2023 |
| Issue Open | Nov 03, 2023 | Nov 22, 2023 |
| Issue Close | Nov 07, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 08, 2023 | Nov 29, 2023 |
| Initiation of Refunds (Tentative) | Nov 08, 2023 | Nov 30, 2023 |
| Credit of Share (Tentative) | Nov 09, 2023 | Nov 30, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Dec 01, 2023 |
| Anchor Lockin End date 1 | Dec 08, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 2 | Feb 06, 2024 | Feb 27, 2024 |
ESAF Small Finance Bank IPO P/E ratio is 8.94, as compared to Flair Writing Industries IPO P/E ratio of 23.36.
| ESAF Small Finance Bank IPO | Flair Writing Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.43 | 97.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 79.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.94 | 23.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3087.54 Cr. | ₹3204.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.73 | ₹12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.69% | 31.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ESAF Small Finance Bank IPO Retail Individual Investors (RII) are offered 2,62,79,167 shares while in Flair Writing Industries IPO retail investors are offered 2,62,79,167 shares. Qualified Institutional Buyers (QIB) are offered 1,50,16,667 shares in ESAF Small Finance Bank IPO and 39,01,316 shares in Flair Writing Industries IPO.
| ESAF Small Finance Bank IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,25,24,998 shares | 58,51,972 shares |
| Market Maker Reservation | ||
| QIB | 1,50,16,667 shares | 39,01,316 shares |
| NII | 1,12,62,500 shares | 29,25,987 shares |
| RII | 2,62,79,167 shares | 68,27,303 shares |
| Employee | 22,72,727 shares | |
| Others | ||
| Total | 7,73,56,059 shares | 1,95,06,578 shares |
ESAF Small Finance Bank IPO subscribed 77.00x in total, whereas Flair Writing Industries IPO subscribed 49.28x.
| ESAF Small Finance Bank IPO | Flair Writing Industries IPO | |
|---|---|---|
| QIB (times) | 182.66x | 122.02x |
| NII (times) | 88.81x | 35.23x |
| Big NII (times) | 96.51x | 36.53x |
| Small NII (times) | 73.41x | 32.61x |
| RII (times) | 17.86x | 13.73x |
| Employee (times) | 4.59x | |
| Other (times) | ||
| Total (times) | 77.00x | 49.28x |
