Comparison between Five-Star Business Finance IPO and Inox Green Energy IPO.
Five-Star Business Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Five-Star Business Finance IPO is up to ₹1,588.51 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Five-Star Business Finance IPO is ₹474.00 per share and of Inox Green Energy IPO is ₹65.00 per share.
| Five-Star Business Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹450.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹474.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹474.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 31 shares | 230 shares |
| Fresh Issue Size | 0 shares | 5,69,23,076 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹370.00 Cr |
| OFS Issue Size | 3,35,12,901 shares | 5,69,23,076 shares |
| OFS Issue Size (Amount) | up to ₹1,588.51 Cr | up to ₹370.00 Cr |
| Issue Size Total | 3,35,12,901 shares | 11,38,46,152 shares |
| Issue Size Total (Amount) | up to ₹1,588.51 Cr | up to ₹740.00 Cr |
Five-Star Business Finance IPO opens on Nov 09, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Five-Star Business Finance IPO and Inox Green Energy IPO is Nov 11, 2022, and Nov 15, 2022, respectively.
| Five-Star Business Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 10, 2022 |
| Issue Open | Nov 09, 2022 | Nov 11, 2022 |
| Issue Close | Nov 11, 2022 | Nov 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Nov 18, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Nov 21, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Nov 22, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Nov 23, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Dec 18, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Feb 16, 2023 |
Five-Star Business Finance IPO P/E ratio is 24.76, as compared to Inox Green Energy IPO P/E ratio of -327.
| Five-Star Business Finance IPO | Inox Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 40.07 | 93.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.65 | 56.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.76 | -327 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13810.75 Cr. | ₹1897.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.69 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.09 | ₹-0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.86 | -0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Five-Star Business Finance IPO Retail Individual Investors (RII) are offered 1,17,65,972 shares while in Inox Green Energy IPO retail investors are offered 1,17,65,972 shares. Qualified Institutional Buyers (QIB) are offered 44,03,435 shares in Five-Star Business Finance IPO and 3,41,53,846 shares in Inox Green Energy IPO.
| Five-Star Business Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,24,05,094 shares | 5,12,30,769 shares |
| Market Maker Reservation | ||
| QIB | 44,03,435 shares | 3,41,53,846 shares |
| NII | 50,42,560 shares | 1,70,76,922 shares |
| RII | 1,17,65,972 shares | 1,13,84,615 shares |
| Employee | ||
| Others | ||
| Total | 3,36,17,061 shares | 11,38,46,152 shares |
Five-Star Business Finance IPO subscribed 0.70x in total, whereas Inox Green Energy IPO subscribed 1.55x.
| Five-Star Business Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| QIB (times) | 1.77x | 1.05x |
| NII (times) | 0.61x | 0.47x |
| Big NII (times) | 0.78x | 0.39x |
| Small NII (times) | 0.28x | 0.64x |
| RII (times) | 0.11x | 4.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.70x | 1.55x |
