Comparison between Fedbank Financial IPO and Flair Writing Industries IPO.
Fedbank Financial IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Flair Writing Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fedbank Financial IPO is up to ₹1,092.26 Cr whereas the issue size of the Flair Writing Industries IPO is up to ₹593.00 Cr. The final issue price of Fedbank Financial IPO is ₹140.00 per share and of Flair Writing Industries IPO is ₹304.00 per share.
| Fedbank Financial IPO | Flair Writing Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹288.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹304.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹304.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 107 shares | 49 shares |
| Fresh Issue Size | 4,28,95,082 shares | 96,05,263 shares |
| Fresh Issue Size (Amount) | up to ₹600.35 Cr | up to ₹292.00 Cr |
| OFS Issue Size | 3,51,47,789 shares | 99,01,315 shares |
| OFS Issue Size (Amount) | up to ₹491.92 Cr | up to ₹301.00 Cr |
| Issue Size Total | 7,80,42,871 shares | 1,95,06,578 shares |
| Issue Size Total (Amount) | up to ₹1,092.26 Cr | up to ₹593.00 Cr |
Fedbank Financial IPO opens on Nov 22, 2023, while Flair Writing Industries IPO opens on Nov 22, 2023. The closing date of Fedbank Financial IPO and Flair Writing Industries IPO is Nov 24, 2023, and Nov 24, 2023, respectively.
| Fedbank Financial IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2023 | Nov 21, 2023 |
| Issue Open | Nov 22, 2023 | Nov 22, 2023 |
| Issue Close | Nov 24, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 28, 2023 | Nov 29, 2023 |
| Initiation of Refunds (Tentative) | Nov 28, 2023 | Nov 30, 2023 |
| Credit of Share (Tentative) | Nov 29, 2023 | Nov 30, 2023 |
| Listing date (Tentative) | Nov 30, 2023 | Dec 01, 2023 |
| Anchor Lockin End date 1 | Dec 28, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 2 | Feb 26, 2024 | Feb 27, 2024 |
Fedbank Financial IPO P/E ratio is 25.04, as compared to Flair Writing Industries IPO P/E ratio of 23.36.
| Fedbank Financial IPO | Flair Writing Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.28 | 97.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.40 | 79.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.04 | 23.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5165.06 Cr. | ₹3204.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.36% | 31.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.60 | ₹12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.29% | 31.17% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fedbank Financial IPO Retail Individual Investors (RII) are offered 2,70,56,603 shares while in Flair Writing Industries IPO retail investors are offered 2,70,56,603 shares. Qualified Institutional Buyers (QIB) are offered 1,54,60,916 shares in Fedbank Financial IPO and 39,01,316 shares in Flair Writing Industries IPO.
| Fedbank Financial IPO | Flair Writing Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,31,91,374 shares | 58,51,972 shares |
| Market Maker Reservation | ||
| QIB | 1,54,60,916 shares | 39,01,316 shares |
| NII | 1,15,95,687 shares | 29,25,987 shares |
| RII | 2,70,56,603 shares | 68,27,303 shares |
| Employee | 7,69,230 shares | |
| Others | ||
| Total | 7,80,73,810 shares | 1,95,06,578 shares |
Fedbank Financial IPO subscribed 2.24x in total, whereas Flair Writing Industries IPO subscribed 49.28x.
| Fedbank Financial IPO | Flair Writing Industries IPO | |
|---|---|---|
| QIB (times) | 3.48x | 122.02x |
| NII (times) | 1.49x | 35.23x |
| Big NII (times) | 1.27x | 36.53x |
| Small NII (times) | 1.95x | 32.61x |
| RII (times) | 1.88x | 13.73x |
| Employee (times) | 1.34x | |
| Other (times) | ||
| Total (times) | 2.24x | 49.28x |
