Comparison between Five-Star Business Finance IPO and Kaynes Technology IPO.
Five-Star Business Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kaynes Technology 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 Kaynes Technology IPO is up to ₹857.82 Cr. The final issue price of Five-Star Business Finance IPO is ₹474.00 per share and of Kaynes Technology IPO is ₹587.00 per share.
| Five-Star Business Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹450.00 per share | ₹559.00 per share |
| Issue Price (Upper) | ₹474.00 per share | ₹587.00 per share |
| Issue Price (Final) | ₹474.00 per share | ₹587.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 31 shares | 25 shares |
| Fresh Issue Size | 0 shares | 90,28,960 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹530.00 Cr |
| OFS Issue Size | 3,35,12,901 shares | 55,84,664 shares |
| OFS Issue Size (Amount) | up to ₹1,588.51 Cr | up to ₹327.82 Cr |
| Issue Size Total | 3,35,12,901 shares | 1,46,13,624 shares |
| Issue Size Total (Amount) | up to ₹1,588.51 Cr | up to ₹857.82 Cr |
Five-Star Business Finance IPO opens on Nov 09, 2022, while Kaynes Technology IPO opens on Nov 10, 2022. The closing date of Five-Star Business Finance IPO and Kaynes Technology IPO is Nov 11, 2022, and Nov 14, 2022, respectively.
| Five-Star Business Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 09, 2022 |
| Issue Open | Nov 09, 2022 | Nov 10, 2022 |
| Issue Close | Nov 11, 2022 | Nov 14, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Nov 17, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Nov 18, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Nov 21, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Nov 22, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Dec 17, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Feb 15, 2023 |
Five-Star Business Finance IPO P/E ratio is 24.76, as compared to Kaynes Technology IPO P/E ratio of 84.95.
| Five-Star Business Finance IPO | Kaynes Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 40.07 | 79.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.65 | 67.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.76 | 84.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13810.75 Cr. | ₹3412.97 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.86 | 24.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.69 | 0.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.09 | ₹9.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.86 | 20.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Five-Star Business Finance IPO Retail Individual Investors (RII) are offered 1,17,65,972 shares while in Kaynes Technology 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 29,17,614 shares in Kaynes Technology IPO.
| Five-Star Business Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,24,05,094 shares | 43,76,421 shares |
| Market Maker Reservation | ||
| QIB | 44,03,435 shares | 29,17,614 shares |
| NII | 50,42,560 shares | 21,88,211 shares |
| RII | 1,17,65,972 shares | 51,05,825 shares |
| Employee | 25,553 shares | |
| Others | ||
| Total | 3,36,17,061 shares | 1,46,13,624 shares |
Five-Star Business Finance IPO subscribed 0.70x in total, whereas Kaynes Technology IPO subscribed 34.16x.
| Five-Star Business Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| QIB (times) | 1.77x | 98.47x |
| NII (times) | 0.61x | 21.21x |
| Big NII (times) | 0.78x | 23.07x |
| Small NII (times) | 0.28x | 17.47x |
| RII (times) | 0.11x | 4.10x |
| Employee (times) | 11.92x | |
| Other (times) | ||
| Total (times) | 0.70x | 34.16x |
