Comparison between ASK Automotive IPO and Fedbank Financial IPO.
ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fedbank Financial 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 Fedbank Financial IPO is up to ₹1,092.26 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Fedbank Financial IPO is ₹140.00 per share.
| ASK Automotive IPO | Fedbank Financial IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹268.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹282.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹282.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 53 shares | 107 shares |
| Fresh Issue Size | 0 shares | 4,28,95,082 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹600.35 Cr |
| OFS Issue Size | 2,95,71,390 shares | 3,51,47,789 shares |
| OFS Issue Size (Amount) | up to ₹833.91 Cr | up to ₹491.92 Cr |
| Issue Size Total | 2,95,71,390 shares | 7,80,42,871 shares |
| Issue Size Total (Amount) | up to ₹833.91 Cr | up to ₹1,092.26 Cr |
ASK Automotive IPO opens on Nov 07, 2023, while Fedbank Financial IPO opens on Nov 22, 2023. The closing date of ASK Automotive IPO and Fedbank Financial IPO is Nov 09, 2023, and Nov 24, 2023, respectively.
| ASK Automotive IPO | Fedbank Financial IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2023 | Nov 21, 2023 |
| Issue Open | Nov 07, 2023 | Nov 22, 2023 |
| Issue Close | Nov 09, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 10, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Nov 10, 2023 | Nov 28, 2023 |
| Credit of Share (Tentative) | Nov 13, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Nov 15, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Dec 10, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2024 | Feb 26, 2024 |
ASK Automotive IPO P/E ratio is 45.63, as compared to Fedbank Financial IPO P/E ratio of 25.04.
| ASK Automotive IPO | Fedbank Financial IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 72.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 45.63 | 25.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5559.00 Cr. | ₹5165.06 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.18 | ₹5.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 19.10% | 13.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Fedbank Financial 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 1,54,60,916 shares in Fedbank Financial IPO.
| ASK Automotive IPO | Fedbank Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 88,71,416 shares | 2,31,91,374 shares |
| Market Maker Reservation | ||
| QIB | 59,14,278 shares | 1,54,60,916 shares |
| NII | 44,35,709 shares | 1,15,95,687 shares |
| RII | 1,03,49,987 shares | 2,70,56,603 shares |
| Employee | 7,69,230 shares | |
| Others | ||
| Total | 2,95,71,390 shares | 7,80,73,810 shares |
ASK Automotive IPO subscribed 51.14x in total, whereas Fedbank Financial IPO subscribed 2.24x.
| ASK Automotive IPO | Fedbank Financial IPO | |
|---|---|---|
| QIB (times) | 142.41x | 3.48x |
| NII (times) | 35.47x | 1.49x |
| Big NII (times) | 41.13x | 1.27x |
| Small NII (times) | 24.16x | 1.95x |
| RII (times) | 5.70x | 1.88x |
| Employee (times) | 1.34x | |
| Other (times) | ||
| Total (times) | 51.14x | 2.24x |
