Comparison between Flair Writing Industries IPO and Gandhar Oil Refinery IPO.
Flair Writing Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery 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 Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of Flair Writing Industries IPO is ₹304.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.
| Flair Writing Industries IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹288.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹304.00 per share | ₹169.00 per share |
| Issue Price (Final) | ₹304.00 per share | ₹169.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 49 shares | 88 shares |
| Fresh Issue Size | 96,05,263 shares | 1,78,69,822 shares |
| Fresh Issue Size (Amount) | up to ₹292.00 Cr | up to ₹302.00 Cr |
| OFS Issue Size | 99,01,315 shares | 1,17,56,910 shares |
| OFS Issue Size (Amount) | up to ₹301.00 Cr | up to ₹198.69 Cr |
| Issue Size Total | 1,95,06,578 shares | 2,96,26,732 shares |
| Issue Size Total (Amount) | up to ₹593.00 Cr | up to ₹500.69 Cr |
Flair Writing Industries IPO opens on Nov 22, 2023, while Gandhar Oil Refinery IPO opens on Nov 22, 2023. The closing date of Flair Writing Industries IPO and Gandhar Oil Refinery IPO is Nov 24, 2023, and Nov 24, 2023, respectively.
| Flair Writing Industries IPO | Gandhar Oil Refinery 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 29, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Nov 30, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Nov 30, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Dec 01, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Dec 29, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Feb 27, 2024 | Feb 26, 2024 |
Flair Writing Industries IPO P/E ratio is 23.36, as compared to Gandhar Oil Refinery IPO P/E ratio of .
| Flair Writing Industries IPO | Gandhar Oil Refinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Proforma Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.49 | 87.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 79.21 | 64.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3204.00 Cr. | ₹1654.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | 41.19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 0.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.33 | ₹23.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.17% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Flair Writing Industries IPO Retail Individual Investors (RII) are offered 68,27,303 shares while in Gandhar Oil Refinery 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 59,25,347 shares in Gandhar Oil Refinery IPO.
| Flair Writing Industries IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,51,972 shares | 88,88,018 shares |
| Market Maker Reservation | ||
| QIB | 39,01,316 shares | 59,25,347 shares |
| NII | 29,25,987 shares | 44,44,010 shares |
| RII | 68,27,303 shares | 1,03,69,357 shares |
| Employee | ||
| Others | ||
| Total | 1,95,06,578 shares | 2,96,26,732 shares |
Flair Writing Industries IPO subscribed 49.28x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.
| Flair Writing Industries IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| QIB (times) | 122.02x | 129.06x |
| NII (times) | 35.23x | 64.34x |
| Big NII (times) | 36.53x | 61.93x |
| Small NII (times) | 32.61x | 69.17x |
| RII (times) | 13.73x | 29.93x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.28x | 65.63x |
