Comparison between Fino Payments Bank IPO and Paras Defence IPO.
Fino Payments Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Paras Defence IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fino Payments Bank IPO is up to ₹1,200.29 Cr whereas the issue size of the Paras Defence IPO is up to ₹170.78 Cr. The final issue price of Fino Payments Bank IPO is ₹577.00 per share and of Paras Defence IPO is ₹175.00 per share.
| Fino Payments Bank IPO | Paras Defence IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹165.00 per share |
| Issue Price (Upper) | ₹577.00 per share | ₹175.00 per share |
| Issue Price (Final) | ₹577.00 per share | ₹175.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 25 shares | 85 shares |
| Fresh Issue Size | 51,99,306 shares | 80,34,286 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹140.60 Cr |
| OFS Issue Size | 1,56,02,999 shares | 17,24,490 shares |
| OFS Issue Size (Amount) | up to ₹900.29 Cr | up to ₹30.18 Cr |
| Issue Size Total | 2,08,02,305 shares | 97,58,776 shares |
| Issue Size Total (Amount) | up to ₹1,200.29 Cr | up to ₹170.78 Cr |
Fino Payments Bank IPO opens on Oct 29, 2021, while Paras Defence IPO opens on Sep 21, 2021. The closing date of Fino Payments Bank IPO and Paras Defence IPO is Nov 02, 2021, and Sep 23, 2021, respectively.
| Fino Payments Bank IPO | Paras Defence IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2021 | Sep 20, 2021 |
| Issue Open | Oct 29, 2021 | Sep 21, 2021 |
| Issue Close | Nov 02, 2021 | Sep 23, 2021 |
| Basis Of Allotment (Tentative) | Nov 09, 2021 | Sep 28, 2021 |
| Initiation of Refunds (Tentative) | Nov 10, 2021 | Sep 29, 2021 |
| Credit of Share (Tentative) | Nov 11, 2021 | Sep 30, 2021 |
| Listing date (Tentative) | Nov 12, 2021 | Oct 01, 2021 |
| Anchor Lockin End date 1 | Dec 09, 2021 | Oct 28, 2021 |
| Anchor Lockin End date 2 | Feb 07, 2022 | Dec 27, 2021 |
Fino Payments Bank IPO P/E ratio is , as compared to Paras Defence IPO P/E ratio of .
| Fino Payments Bank IPO | Paras Defence IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 79.4 | ||||
| Promoter Shareholding (Post-Issue) | 75 | 59.71 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹4801.47 Cr. | ₹682.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Fino Payments Bank IPO Retail Individual Investors (RII) are offered 20,75,031 shares while in Paras Defence IPO retail investors are offered 20,75,031 shares. Qualified Institutional Buyers (QIB) are offered 62,25,094 shares in Fino Payments Bank IPO and 19,51,902 shares in Paras Defence IPO.
| Fino Payments Bank IPO | Paras Defence IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,37,641 shares | 29,27,485 shares |
| Market Maker Reservation | ||
| QIB | 62,25,094 shares | 19,51,902 shares |
| NII | 31,12,546 shares | 14,63,817 shares |
| RII | 20,75,031 shares | 34,15,572 shares |
| Employee | 51,993 shares | |
| Others | ||
| Total | 2,08,02,305 shares | 97,58,776 shares |
Fino Payments Bank IPO subscribed 2.03x in total, whereas Paras Defence IPO subscribed 304.26x.
| Fino Payments Bank IPO | Paras Defence IPO | |
|---|---|---|
| QIB (times) | 1.64x | 169.65x |
| NII (times) | 0.21x | 927.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.92x | 112.81x |
| Employee (times) | 0.93x | |
| Other (times) | ||
| Total (times) | 2.03x | 304.26x |
