Comparison between Fusion Micro Finance IPO and Kaynes Technology IPO.
Fusion Micro Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kaynes Technology IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fusion Micro Finance IPO is up to ₹1,103.99 Cr whereas the issue size of the Kaynes Technology IPO is up to ₹857.82 Cr. The final issue price of Fusion Micro Finance IPO is ₹368.00 per share and of Kaynes Technology IPO is ₹587.00 per share.
| Fusion Micro Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹350.00 per share | ₹559.00 per share |
| Issue Price (Upper) | ₹368.00 per share | ₹587.00 per share |
| Issue Price (Final) | ₹368.00 per share | ₹587.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 40 shares | 25 shares |
| Fresh Issue Size | 1,63,04,347 shares | 90,28,960 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹530.00 Cr |
| OFS Issue Size | 1,36,95,466 shares | 55,84,664 shares |
| OFS Issue Size (Amount) | up to ₹503.99 Cr | up to ₹327.82 Cr |
| Issue Size Total | 2,99,99,813 shares | 1,46,13,624 shares |
| Issue Size Total (Amount) | up to ₹1,103.99 Cr | up to ₹857.82 Cr |
Fusion Micro Finance IPO opens on Nov 02, 2022, while Kaynes Technology IPO opens on Nov 10, 2022. The closing date of Fusion Micro Finance IPO and Kaynes Technology IPO is Nov 04, 2022, and Nov 14, 2022, respectively.
| Fusion Micro Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Bid Date | Nov 01, 2022 | Nov 09, 2022 |
| Issue Open | Nov 02, 2022 | Nov 10, 2022 |
| Issue Close | Nov 04, 2022 | Nov 14, 2022 |
| Basis Of Allotment (Tentative) | Nov 10, 2022 | Nov 17, 2022 |
| Initiation of Refunds (Tentative) | Nov 11, 2022 | Nov 18, 2022 |
| Credit of Share (Tentative) | Nov 14, 2022 | Nov 21, 2022 |
| Listing date (Tentative) | Nov 15, 2022 | Nov 22, 2022 |
| Anchor Lockin End date 1 | Dec 10, 2022 | Dec 17, 2022 |
| Anchor Lockin End date 2 | Feb 08, 2023 | Feb 15, 2023 |
Fusion Micro Finance IPO P/E ratio is 12.33, as compared to Kaynes Technology IPO P/E ratio of 84.95.
| Fusion Micro Finance IPO | Kaynes Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.57 | 79.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.10 | 67.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.33 | 84.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3703.21 Cr. | ₹3412.97 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.68 | 24.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.20 | 0.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.67 | ₹9.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.63 | 20.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fusion Micro Finance IPO Retail Individual Investors (RII) are offered 1,04,99,935 shares while in Kaynes Technology IPO retail investors are offered 1,04,99,935 shares. Qualified Institutional Buyers (QIB) are offered 59,99,963 shares in Fusion Micro Finance IPO and 29,17,614 shares in Kaynes Technology IPO.
| Fusion Micro Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,99,943 shares | 43,76,421 shares |
| Market Maker Reservation | ||
| QIB | 59,99,963 shares | 29,17,614 shares |
| NII | 44,99,972 shares | 21,88,211 shares |
| RII | 1,04,99,935 shares | 51,05,825 shares |
| Employee | 25,553 shares | |
| Others | ||
| Total | 2,99,99,813 shares | 1,46,13,624 shares |
Fusion Micro Finance IPO subscribed 2.95x in total, whereas Kaynes Technology IPO subscribed 34.16x.
| Fusion Micro Finance IPO | Kaynes Technology IPO | |
|---|---|---|
| QIB (times) | 8.59x | 98.47x |
| NII (times) | 1.38x | 21.21x |
| Big NII (times) | 1.52x | 23.07x |
| Small NII (times) | 1.09x | 17.47x |
| RII (times) | 0.51x | 4.10x |
| Employee (times) | 11.92x | |
| Other (times) | ||
| Total (times) | 2.95x | 34.16x |
