Comparison between Five-Star Business Finance IPO and Tamilnad Mercantile Bank IPO.
Five-Star Business Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tamilnad Mercantile Bank 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 Tamilnad Mercantile Bank IPO is up to ₹807.84 Cr. The final issue price of Five-Star Business Finance IPO is ₹474.00 per share and of Tamilnad Mercantile Bank IPO is ₹510.00 per share.
| Five-Star Business Finance IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹450.00 per share | ₹500.00 per share |
| Issue Price (Upper) | ₹474.00 per share | ₹525.00 per share |
| Issue Price (Final) | ₹474.00 per share | ₹510.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 31 shares | 28 shares |
| Fresh Issue Size | 0 shares | 1,58,40,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹807.84 Cr |
| OFS Issue Size | 3,35,12,901 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,588.51 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,35,12,901 shares | 1,58,40,000 shares |
| Issue Size Total (Amount) | up to ₹1,588.51 Cr | up to ₹807.84 Cr |
Five-Star Business Finance IPO opens on Nov 09, 2022, while Tamilnad Mercantile Bank IPO opens on Sep 05, 2022. The closing date of Five-Star Business Finance IPO and Tamilnad Mercantile Bank IPO is Nov 11, 2022, and Sep 07, 2022, respectively.
| Five-Star Business Finance IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Sep 02, 2022 |
| Issue Open | Nov 09, 2022 | Sep 05, 2022 |
| Issue Close | Nov 11, 2022 | Sep 07, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Sep 12, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Sep 13, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Sep 14, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Sep 15, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Dec 11, 2022 |
Five-Star Business Finance IPO P/E ratio is 24.76, as compared to Tamilnad Mercantile Bank IPO P/E ratio of 9.22.
| Five-Star Business Finance IPO | Tamilnad Mercantile Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 40.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.76 | 9.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13810.75 Cr. | ₹8313.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.86 | 16.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.09 | ₹57.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.86 | 15.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Five-Star Business Finance IPO Retail Individual Investors (RII) are offered 1,17,65,972 shares while in Tamilnad Mercantile Bank 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 47,52,000 shares in Tamilnad Mercantile Bank IPO.
| Five-Star Business Finance IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,24,05,094 shares | 71,28,000 shares |
| Market Maker Reservation | ||
| QIB | 44,03,435 shares | 47,52,000 shares |
| NII | 50,42,560 shares | 23,76,000 shares |
| RII | 1,17,65,972 shares | 15,84,000 shares |
| Employee | ||
| Others | ||
| Total | 3,36,17,061 shares | 1,58,40,000 shares |
Five-Star Business Finance IPO subscribed 0.70x in total, whereas Tamilnad Mercantile Bank IPO subscribed 2.86x.
| Five-Star Business Finance IPO | Tamilnad Mercantile Bank IPO | |
|---|---|---|
| QIB (times) | 1.77x | 1.62x |
| NII (times) | 0.61x | 2.94x |
| Big NII (times) | 0.78x | 3.10x |
| Small NII (times) | 0.28x | 2.63x |
| RII (times) | 0.11x | 6.48x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.70x | 2.86x |
