Comparison between Archean Chemical Industries IPO and Fusion Micro Finance IPO.
Archean Chemical Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fusion Micro Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Fusion Micro Finance IPO is up to ₹1,103.99 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Fusion Micro Finance IPO is ₹368.00 per share.
| Archean Chemical Industries IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹386.00 per share | ₹350.00 per share |
| Issue Price (Upper) | ₹407.00 per share | ₹368.00 per share |
| Issue Price (Final) | ₹407.00 per share | ₹368.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 36 shares | 40 shares |
| Fresh Issue Size | 1,97,78,869 shares | 1,63,04,347 shares |
| Fresh Issue Size (Amount) | up to ₹805.00 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 1,61,50,000 shares | 1,36,95,466 shares |
| OFS Issue Size (Amount) | up to ₹657.31 Cr | up to ₹503.99 Cr |
| Issue Size Total | 3,59,28,869 shares | 2,99,99,813 shares |
| Issue Size Total (Amount) | up to ₹1,462.30 Cr | up to ₹1,103.99 Cr |
Archean Chemical Industries IPO opens on Nov 09, 2022, while Fusion Micro Finance IPO opens on Nov 02, 2022. The closing date of Archean Chemical Industries IPO and Fusion Micro Finance IPO is Nov 11, 2022, and Nov 04, 2022, respectively.
| Archean Chemical Industries IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 01, 2022 |
| Issue Open | Nov 09, 2022 | Nov 02, 2022 |
| Issue Close | Nov 11, 2022 | Nov 04, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Nov 10, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Nov 11, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Nov 14, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Nov 15, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Dec 10, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Feb 08, 2023 |
Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Fusion Micro Finance IPO P/E ratio of 12.33.
| Archean Chemical Industries IPO | Fusion Micro Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.58 | 85.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.41 | 58.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.78 | 12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5665.56 Cr. | ₹3703.21 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 113.11 | 1.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.53 | 1.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.26 | ₹2.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.24 | 1.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Fusion Micro Finance IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 59,99,963 shares in Fusion Micro Finance IPO.
| Archean Chemical Industries IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,67,991 shares | 89,99,943 shares |
| Market Maker Reservation | ||
| QIB | 1,07,78,662 shares | 59,99,963 shares |
| NII | 53,89,330 shares | 44,99,972 shares |
| RII | 35,92,886 shares | 1,04,99,935 shares |
| Employee | ||
| Others | ||
| Total | 3,59,28,869 shares | 2,99,99,813 shares |
Archean Chemical Industries IPO subscribed 32.23x in total, whereas Fusion Micro Finance IPO subscribed 2.95x.
| Archean Chemical Industries IPO | Fusion Micro Finance IPO | |
|---|---|---|
| QIB (times) | 48.91x | 8.59x |
| NII (times) | 14.90x | 1.38x |
| Big NII (times) | 16.90x | 1.52x |
| Small NII (times) | 10.92x | 1.09x |
| RII (times) | 9.96x | 0.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 32.23x | 2.95x |
