Comparison between Archean Chemical Industries IPO and Five-Star Business Finance IPO.
Archean Chemical Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Five-Star Business Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Five-Star Business Finance IPO is up to ₹1,588.51 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Five-Star Business Finance IPO is ₹474.00 per share.
| Archean Chemical Industries IPO | Five-Star Business Finance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹1 per share |
| Issue Price (Lower) | ₹386.00 per share | ₹450.00 per share |
| Issue Price (Upper) | ₹407.00 per share | ₹474.00 per share |
| Issue Price (Final) | ₹407.00 per share | ₹474.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 36 shares | 31 shares |
| Fresh Issue Size | 1,97,78,869 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹805.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,61,50,000 shares | 3,35,12,901 shares |
| OFS Issue Size (Amount) | up to ₹657.31 Cr | up to ₹1,588.51 Cr |
| Issue Size Total | 3,59,28,869 shares | 3,35,12,901 shares |
| Issue Size Total (Amount) | up to ₹1,462.30 Cr | up to ₹1,588.51 Cr |
Archean Chemical Industries IPO opens on Nov 09, 2022, while Five-Star Business Finance IPO opens on Nov 09, 2022. The closing date of Archean Chemical Industries IPO and Five-Star Business Finance IPO is Nov 11, 2022, and Nov 11, 2022, respectively.
| Archean Chemical Industries IPO | Five-Star Business Finance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 07, 2022 |
| Issue Open | Nov 09, 2022 | Nov 09, 2022 |
| Issue Close | Nov 11, 2022 | Nov 11, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Nov 16, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Nov 17, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Nov 18, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Nov 21, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Dec 16, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Feb 14, 2023 |
Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Five-Star Business Finance IPO P/E ratio of 24.76.
| Archean Chemical Industries IPO | Five-Star Business Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.58 | 40.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.41 | 33.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.78 | 24.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5665.56 Cr. | ₹13810.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 113.11 | 13.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.53 | 0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.26 | ₹16.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.24 | 13.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Five-Star Business Finance IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 44,03,435 shares in Five-Star Business Finance IPO.
| Archean Chemical Industries IPO | Five-Star Business Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,67,991 shares | 1,24,05,094 shares |
| Market Maker Reservation | ||
| QIB | 1,07,78,662 shares | 44,03,435 shares |
| NII | 53,89,330 shares | 50,42,560 shares |
| RII | 35,92,886 shares | 1,17,65,972 shares |
| Employee | ||
| Others | ||
| Total | 3,59,28,869 shares | 3,36,17,061 shares |
Archean Chemical Industries IPO subscribed 32.23x in total, whereas Five-Star Business Finance IPO subscribed 0.70x.
| Archean Chemical Industries IPO | Five-Star Business Finance IPO | |
|---|---|---|
| QIB (times) | 48.91x | 1.77x |
| NII (times) | 14.90x | 0.61x |
| Big NII (times) | 16.90x | 0.78x |
| Small NII (times) | 10.92x | 0.28x |
| RII (times) | 9.96x | 0.11x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 32.23x | 0.70x |