Comparison between Flair Writing Industries IPO and IREDA IPO.
Flair Writing Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IREDA IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Flair Writing Industries IPO is up to ₹593.00 Cr whereas the issue size of the IREDA IPO is up to ₹2,150.21 Cr. The final issue price of Flair Writing Industries IPO is ₹304.00 per share and of IREDA IPO is ₹32.00 per share.
| Flair Writing Industries IPO | IREDA IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹288.00 per share | ₹30.00 per share |
| Issue Price (Upper) | ₹304.00 per share | ₹32.00 per share |
| Issue Price (Final) | ₹304.00 per share | ₹32.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 49 shares | 460 shares |
| Fresh Issue Size | 96,05,263 shares | 40,31,64,706 shares |
| Fresh Issue Size (Amount) | up to ₹292.00 Cr | up to ₹1,290.13 Cr |
| OFS Issue Size | 99,01,315 shares | 26,87,76,471 shares |
| OFS Issue Size (Amount) | up to ₹301.00 Cr | up to ₹860.08 Cr |
| Issue Size Total | 1,95,06,578 shares | 67,19,41,177 shares |
| Issue Size Total (Amount) | up to ₹593.00 Cr | up to ₹2,150.21 Cr |
Flair Writing Industries IPO opens on Nov 22, 2023, while IREDA IPO opens on Nov 21, 2023. The closing date of Flair Writing Industries IPO and IREDA IPO is Nov 24, 2023, and Nov 23, 2023, respectively.
| Flair Writing Industries IPO | IREDA IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2023 | Nov 20, 2023 |
| Issue Open | Nov 22, 2023 | Nov 21, 2023 |
| Issue Close | Nov 24, 2023 | Nov 23, 2023 |
| Basis Of Allotment (Tentative) | Nov 29, 2023 | Nov 24, 2023 |
| Initiation of Refunds (Tentative) | Nov 30, 2023 | Nov 25, 2023 |
| Credit of Share (Tentative) | Nov 30, 2023 | Nov 28, 2023 |
| Listing date (Tentative) | Dec 01, 2023 | Nov 29, 2023 |
| Anchor Lockin End date 1 | Dec 29, 2023 | Dec 24, 2023 |
| Anchor Lockin End date 2 | Feb 27, 2024 | Feb 22, 2024 |
Flair Writing Industries IPO P/E ratio is 23.36, as compared to IREDA IPO P/E ratio of 8.47.
| Flair Writing Industries IPO | IREDA IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.49 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 79.21 | 75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.36 | 8.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3204.00 Cr. | ₹8600.85 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.33 | ₹3.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.17% | 15.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Flair Writing Industries IPO Retail Individual Investors (RII) are offered 68,27,303 shares while in IREDA IPO retail investors are offered 68,27,303 shares. Qualified Institutional Buyers (QIB) are offered 39,01,316 shares in Flair Writing Industries IPO and 13,40,13,152 shares in IREDA IPO.
| Flair Writing Industries IPO | IREDA IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,51,972 shares | 20,10,19,726 shares |
| Market Maker Reservation | ||
| QIB | 39,01,316 shares | 13,40,13,152 shares |
| NII | 29,25,987 shares | 10,05,09,864 shares |
| RII | 68,27,303 shares | 23,45,23,015 shares |
| Employee | 18,75,420 shares | |
| Others | ||
| Total | 1,95,06,578 shares | 67,19,41,177 shares |
Flair Writing Industries IPO subscribed 49.28x in total, whereas IREDA IPO subscribed 38.80x.
| Flair Writing Industries IPO | IREDA IPO | |
|---|---|---|
| QIB (times) | 122.02x | 104.57x |
| NII (times) | 35.23x | 24.16x |
| Big NII (times) | 36.53x | 26.99x |
| Small NII (times) | 32.61x | 18.50x |
| RII (times) | 13.73x | 7.73x |
| Employee (times) | 9.80x | |
| Other (times) | ||
| Total (times) | 49.28x | 38.80x |
