Comparison between Heranba Industries IPO and Indigo Paints IPO.
Heranba Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indigo Paints IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the Indigo Paints IPO is up to ₹1,169.12 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Indigo Paints IPO is ₹1,490.00 per share.
| Heranba Industries IPO | Indigo Paints IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹626.00 per share | ₹1,488.00 per share |
| Issue Price (Upper) | ₹627.00 per share | ₹1,490.00 per share |
| Issue Price (Final) | ₹627.00 per share | ₹1,490.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹148.00 per share | |
| Market Lot Size | 23 shares | 10 shares |
| Fresh Issue Size | 9,56,937 shares | 20,13,422 shares |
| Fresh Issue Size (Amount) | up to ₹60.00 Cr | up to ₹299.73 Cr |
| OFS Issue Size | 90,15,000 shares | 58,40,000 shares |
| OFS Issue Size (Amount) | up to ₹565.24 Cr | up to ₹869.39 Cr |
| Issue Size Total | 99,71,937 shares | 78,53,422 shares |
| Issue Size Total (Amount) | up to ₹625.24 Cr | up to ₹1,169.12 Cr |
Heranba Industries IPO opens on Feb 23, 2021, while Indigo Paints IPO opens on Jan 20, 2021. The closing date of Heranba Industries IPO and Indigo Paints IPO is Feb 25, 2021, and Jan 22, 2021, respectively.
| Heranba Industries IPO | Indigo Paints IPO | |
|---|---|---|
| Anchor Bid Date | Feb 22, 2021 | Jan 19, 2021 |
| Issue Open | Feb 23, 2021 | Jan 20, 2021 |
| Issue Close | Feb 25, 2021 | Jan 22, 2021 |
| Basis Of Allotment (Tentative) | Mar 02, 2021 | Jan 28, 2021 |
| Initiation of Refunds (Tentative) | Mar 03, 2021 | Jan 29, 2021 |
| Credit of Share (Tentative) | Mar 04, 2021 | Feb 01, 2021 |
| Listing date (Tentative) | Mar 05, 2021 | Feb 02, 2021 |
| Anchor Lockin End date 1 | Apr 01, 2021 | Feb 27, 2021 |
| Anchor Lockin End date 2 | May 31, 2021 | Apr 28, 2021 |
Heranba Industries IPO P/E ratio is , as compared to Indigo Paints IPO P/E ratio of .
| Heranba Industries IPO | Indigo Paints IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.1 | 60.05 | ||||
| Promoter Shareholding (Post-Issue) | 74.1 | 54 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3048.89 Cr. | ₹7087.78 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Heranba Industries IPO Retail Individual Investors (RII) are offered 34,90,178 shares while in Indigo Paints IPO retail investors are offered 34,90,178 shares. Qualified Institutional Buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 15,56,690 shares in Indigo Paints IPO.
| Heranba Industries IPO | Indigo Paints IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,90,520 shares | 23,35,020 shares |
| Market Maker Reservation | ||
| QIB | 19,95,448 shares | 15,56,690 shares |
| NII | 14,95,791 shares | 11,67,514 shares |
| RII | 34,90,178 shares | 27,24,198 shares |
| Employee | 70,000 shares | |
| Others | ||
| Total | 99,71,937 shares | 78,53,422 shares |
Heranba Industries IPO subscribed 83.29x in total, whereas Indigo Paints IPO subscribed 117.02x.
| Heranba Industries IPO | Indigo Paints IPO | |
|---|---|---|
| QIB (times) | 67.45x | 189.57x |
| NII (times) | 271.15x | 263.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 15.93x |
| Employee (times) | 2.50x | |
| Other (times) | ||
| Total (times) | 83.29x | 117.02x |
