Comparison between Five-Star Business Finance IPO and Fusion Micro Finance IPO.
Five-Star Business Finance 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 Five-Star Business Finance IPO is up to ₹1,588.51 Cr whereas the issue size of the Fusion Micro Finance IPO is up to ₹1,103.99 Cr. The final issue price of Five-Star Business Finance IPO is ₹474.00 per share and of Fusion Micro Finance IPO is ₹368.00 per share.
| Five-Star Business Finance IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹450.00 per share | ₹350.00 per share |
| Issue Price (Upper) | ₹474.00 per share | ₹368.00 per share |
| Issue Price (Final) | ₹474.00 per share | ₹368.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 31 shares | 40 shares |
| Fresh Issue Size | 0 shares | 1,63,04,347 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹600.00 Cr |
| OFS Issue Size | 3,35,12,901 shares | 1,36,95,466 shares |
| OFS Issue Size (Amount) | up to ₹1,588.51 Cr | up to ₹503.99 Cr |
| Issue Size Total | 3,35,12,901 shares | 2,99,99,813 shares |
| Issue Size Total (Amount) | up to ₹1,588.51 Cr | up to ₹1,103.99 Cr |
Five-Star Business Finance IPO opens on Nov 09, 2022, while Fusion Micro Finance IPO opens on Nov 02, 2022. The closing date of Five-Star Business Finance IPO and Fusion Micro Finance IPO is Nov 11, 2022, and Nov 04, 2022, respectively.
| Five-Star Business Finance 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 |
Five-Star Business Finance IPO P/E ratio is 24.76, as compared to Fusion Micro Finance IPO P/E ratio of 12.33.
| Five-Star Business Finance IPO | Fusion Micro Finance IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 40.07 | 85.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.65 | 58.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.76 | 12.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13810.75 Cr. | ₹3703.21 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.86 | 1.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.69 | 1.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.09 | ₹2.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.86 | 1.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Five-Star Business Finance IPO Retail Individual Investors (RII) are offered 1,17,65,972 shares while in Fusion Micro Finance 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 59,99,963 shares in Fusion Micro Finance IPO.
| Five-Star Business Finance IPO | Fusion Micro Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,24,05,094 shares | 89,99,943 shares |
| Market Maker Reservation | ||
| QIB | 44,03,435 shares | 59,99,963 shares |
| NII | 50,42,560 shares | 44,99,972 shares |
| RII | 1,17,65,972 shares | 1,04,99,935 shares |
| Employee | ||
| Others | ||
| Total | 3,36,17,061 shares | 2,99,99,813 shares |
Five-Star Business Finance IPO subscribed 0.70x in total, whereas Fusion Micro Finance IPO subscribed 2.95x.
| Five-Star Business Finance IPO | Fusion Micro Finance IPO | |
|---|---|---|
| QIB (times) | 1.77x | 8.59x |
| NII (times) | 0.61x | 1.38x |
| Big NII (times) | 0.78x | 1.52x |
| Small NII (times) | 0.28x | 1.09x |
| RII (times) | 0.11x | 0.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.70x | 2.95x |
