Comparison between IBL Finance IPO and Maxposure IPO.
IPO Details
IBL Finance IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Maxposure IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of IBL Finance IPO is up to ₹31.72 Cr whereas the issue size of the Maxposure IPO is up to ₹19.03 Cr. The final issue price of IBL Finance IPO is ₹51.00 per share and of Maxposure IPO is ₹33.00 per share.
IPO Timetable
IBL Finance IPO opens on Jan 09, 2024, while Maxposure IPO opens on Jan 15, 2024. The closing date of IBL Finance IPO and Maxposure IPO is Jan 11, 2024, and Jan 17, 2024, respectively.
| | IBL Finance IPO | Maxposure IPO |
|---|
| Anchor Bid Date | | Jan 12, 2024 |
| Issue Open | Jan 09, 2024 | Jan 15, 2024 |
| Issue Close | Jan 11, 2024 | Jan 17, 2024 |
| Basis Of Allotment (Tentative) | Jan 12, 2024 | Jan 18, 2024 |
| Initiation of Refunds (Tentative) | Jan 15, 2024 | Jan 19, 2024 |
| Credit of Share (Tentative) | Jan 15, 2024 | Jan 19, 2024 |
| Listing date (Tentative) | Jan 16, 2024 | Jan 23, 2024 |
| Anchor Lockin End date 1 | | Feb 17, 2024 |
| Anchor Lockin End date 2 | | Apr 17, 2024 |
Financials & KPIs
IBL Finance IPO P/E ratio is 48.08, as compared to Maxposure IPO P/E ratio of 12.42.
Shares Offered
In the IBL Finance IPO Retail Individual Investors (RII) are offered 31,10,000 shares while in Maxposure IPO retail investors are offered 31,10,000 shares. Qualified Institutional Buyers (QIB) are offered in IBL Finance IPO and 11,40,000 shares in Maxposure IPO.
| | IBL Finance IPO | Maxposure IPO |
|---|
| Anchor Investor Reservation | | 17,00,000 shares |
| Market Maker Reservation | 3,30,000 shares | 3,72,000 shares |
| QIB | | 11,40,000 shares |
| NII | 31,10,000 shares | 8,80,000 shares |
| RII | 31,10,000 shares | 20,48,000 shares |
| Employee | | |
| Others | | |
| Total | 62,20,000 shares | 57,68,000 shares |
Bids Received (Subscription)
IBL Finance IPO subscribed 17.00x in total, whereas Maxposure IPO subscribed 987.47x.
