Comparison between Aditya Birla Sun Life AMC IPO and Fino Payments Bank IPO.
Aditya Birla Sun Life AMC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fino Payments Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aditya Birla Sun Life AMC IPO is up to ₹2,768.26 Cr whereas the issue size of the Fino Payments Bank IPO is up to ₹1,200.29 Cr. The final issue price of Aditya Birla Sun Life AMC IPO is ₹712.00 per share and of Fino Payments Bank IPO is ₹577.00 per share.
| Aditya Birla Sun Life AMC IPO | Fino Payments Bank IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹695.00 per share | ₹560.00 per share |
| Issue Price (Upper) | ₹712.00 per share | ₹577.00 per share |
| Issue Price (Final) | ₹712.00 per share | ₹577.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 20 shares | 25 shares |
| Fresh Issue Size | 0 shares | 51,99,306 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 3,88,80,000 shares | 1,56,02,999 shares |
| OFS Issue Size (Amount) | up to ₹2,768.26 Cr | up to ₹900.29 Cr |
| Issue Size Total | 3,88,80,000 shares | 2,08,02,305 shares |
| Issue Size Total (Amount) | up to ₹2,768.26 Cr | up to ₹1,200.29 Cr |
Aditya Birla Sun Life AMC IPO opens on Sep 29, 2021, while Fino Payments Bank IPO opens on Oct 29, 2021. The closing date of Aditya Birla Sun Life AMC IPO and Fino Payments Bank IPO is Oct 01, 2021, and Nov 02, 2021, respectively.
| Aditya Birla Sun Life AMC IPO | Fino Payments Bank IPO | |
|---|---|---|
| Anchor Bid Date | Sep 28, 2021 | Oct 28, 2021 |
| Issue Open | Sep 29, 2021 | Oct 29, 2021 |
| Issue Close | Oct 01, 2021 | Nov 02, 2021 |
| Basis Of Allotment (Tentative) | Oct 06, 2021 | Nov 09, 2021 |
| Initiation of Refunds (Tentative) | Oct 07, 2021 | Nov 10, 2021 |
| Credit of Share (Tentative) | Oct 08, 2021 | Nov 11, 2021 |
| Listing date (Tentative) | Oct 11, 2021 | Nov 12, 2021 |
| Anchor Lockin End date 1 | Nov 05, 2021 | Dec 09, 2021 |
| Anchor Lockin End date 2 | Jan 04, 2022 | Feb 07, 2022 |
Aditya Birla Sun Life AMC IPO P/E ratio is , as compared to Fino Payments Bank IPO P/E ratio of .
| Aditya Birla Sun Life AMC IPO | Fino Payments Bank IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 86.50 | 75 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹20505.60 Cr. | ₹4801.47 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Aditya Birla Sun Life AMC IPO Retail Individual Investors (RII) are offered 1,29,27,600 shares while in Fino Payments Bank IPO retail investors are offered 1,29,27,600 shares. Qualified Institutional Buyers (QIB) are offered 73,87,200 shares in Aditya Birla Sun Life AMC IPO and 62,25,094 shares in Fino Payments Bank IPO.
| Aditya Birla Sun Life AMC IPO | Fino Payments Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,10,80,800 shares | 93,37,641 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 73,87,200 shares | 62,25,094 shares |
| NII | 55,40,400 shares | 31,12,546 shares |
| RII | 1,29,27,600 shares | 20,75,031 shares |
| Employee | 0 shares | 51,993 shares |
| Others | ||
| Total | 3,88,80,000 shares | 2,08,02,305 shares |
Aditya Birla Sun Life AMC IPO subscribed 5.25x in total, whereas Fino Payments Bank IPO subscribed 2.03x.
| Aditya Birla Sun Life AMC IPO | Fino Payments Bank IPO | |
|---|---|---|
| QIB (times) | 10.36x | 1.64x |
| NII (times) | 4.39x | 0.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.24x | 5.92x |
| Employee (times) | 0.93x | |
| Other (times) | 1.68x | |
| Total (times) | 5.25x | 2.03x |
