Comparison between Fusion Micro Finance IPO and Global Health IPO.
Fusion Micro Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Global Health 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 Global Health IPO is up to ₹2,205.57 Cr. The final issue price of Fusion Micro Finance IPO is ₹368.00 per share and of Global Health IPO is ₹336.00 per share.
| Fusion Micro Finance IPO | Global Health IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹350.00 per share | ₹319.00 per share |
| Issue Price (Upper) | ₹368.00 per share | ₹336.00 per share |
| Issue Price (Final) | ₹368.00 per share | ₹336.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 40 shares | 44 shares |
| Fresh Issue Size | 1,63,04,347 shares | 1,48,80,952 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 1,36,95,466 shares | 5,07,61,000 shares |
| OFS Issue Size (Amount) | up to ₹503.99 Cr | up to ₹1,705.57 Cr |
| Issue Size Total | 2,99,99,813 shares | 6,56,41,952 shares |
| Issue Size Total (Amount) | up to ₹1,103.99 Cr | up to ₹2,205.57 Cr |
Fusion Micro Finance IPO opens on Nov 02, 2022, while Global Health IPO opens on Nov 03, 2022. The closing date of Fusion Micro Finance IPO and Global Health IPO is Nov 04, 2022, and Nov 07, 2022, respectively.
| Fusion Micro Finance IPO | Global Health IPO | |
|---|---|---|
| Anchor Bid Date | Nov 01, 2022 | Nov 02, 2022 |
| Issue Open | Nov 02, 2022 | Nov 03, 2022 |
| Issue Close | Nov 04, 2022 | Nov 07, 2022 |
| Basis Of Allotment (Tentative) | Nov 10, 2022 | Nov 11, 2022 |
| Initiation of Refunds (Tentative) | Nov 11, 2022 | Nov 14, 2022 |
| Credit of Share (Tentative) | Nov 14, 2022 | Nov 15, 2022 |
| Listing date (Tentative) | Nov 15, 2022 | Nov 16, 2022 |
| Anchor Lockin End date 1 | Dec 10, 2022 | Dec 11, 2022 |
| Anchor Lockin End date 2 | Feb 08, 2023 | Feb 09, 2023 |
Fusion Micro Finance IPO P/E ratio is 12.33, as compared to Global Health IPO P/E ratio of 38.36.
| Fusion Micro Finance IPO | Global Health IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.57 | 35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.10 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.33 | 38.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3703.21 Cr. | ₹9011.01 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.68 | 13.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.20 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.67 | ₹7.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.63 | 12.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fusion Micro Finance IPO Retail Individual Investors (RII) are offered 1,04,99,935 shares while in Global Health 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 1,31,28,391 shares in Global Health IPO.
| Fusion Micro Finance IPO | Global Health IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,99,943 shares | 1,96,92,584 shares |
| Market Maker Reservation | ||
| QIB | 59,99,963 shares | 1,31,28,391 shares |
| NII | 44,99,972 shares | 98,46,293 shares |
| RII | 1,04,99,935 shares | 2,29,74,684 shares |
| Employee | ||
| Others | ||
| Total | 2,99,99,813 shares | 6,56,41,952 shares |
Fusion Micro Finance IPO subscribed 2.95x in total, whereas Global Health IPO subscribed 9.58x.
| Fusion Micro Finance IPO | Global Health IPO | |
|---|---|---|
| QIB (times) | 8.59x | 28.64x |
| NII (times) | 1.38x | 4.02x |
| Big NII (times) | 1.52x | 5.16x |
| Small NII (times) | 1.09x | 1.73x |
| RII (times) | 0.51x | 0.88x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.95x | 9.58x |
