Comparison between Aadhar Housing Finance IPO and Indegene IPO.
Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indegene IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Indegene IPO is up to ₹1,841.76 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Indegene IPO is ₹452.00 per share.
| Aadhar Housing Finance IPO | Indegene IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹300.00 per share | ₹430.00 per share |
| Issue Price (Upper) | ₹315.00 per share | ₹452.00 per share |
| Issue Price (Final) | ₹315.00 per share | ₹452.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹23.00 per share | ₹30.00 per share |
| Market Lot Size | 47 shares | 33 shares |
| Fresh Issue Size | 3,17,63,535 shares | 1,68,33,818 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.37 Cr | up to ₹760.52 Cr |
| OFS Issue Size | 6,34,92,063 shares | 2,39,32,732 shares |
| OFS Issue Size (Amount) | up to ₹1,999.63 Cr | up to ₹1,081.24 Cr |
| Issue Size Total | 9,52,55,598 shares | 4,07,66,550 shares |
| Issue Size Total (Amount) | up to ₹3,000.00 Cr | up to ₹1,841.76 Cr |
Aadhar Housing Finance IPO opens on May 08, 2024, while Indegene IPO opens on May 06, 2024. The closing date of Aadhar Housing Finance IPO and Indegene IPO is May 10, 2024, and May 08, 2024, respectively.
| Aadhar Housing Finance IPO | Indegene IPO | |
|---|---|---|
| Anchor Bid Date | May 07, 2024 | May 03, 2024 |
| Issue Open | May 08, 2024 | May 06, 2024 |
| Issue Close | May 10, 2024 | May 08, 2024 |
| Basis Of Allotment (Tentative) | May 13, 2024 | May 09, 2024 |
| Initiation of Refunds (Tentative) | May 14, 2024 | May 10, 2024 |
| Credit of Share (Tentative) | May 14, 2024 | May 10, 2024 |
| Listing date (Tentative) | May 15, 2024 | May 13, 2024 |
| Anchor Lockin End date 1 | Jun 12, 2024 | Jun 08, 2024 |
| Anchor Lockin End date 2 | Aug 11, 2024 | Aug 07, 2024 |
Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Indegene IPO P/E ratio of 37.78.
| Aadhar Housing Finance IPO | Indegene IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.72 | 30.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 76.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.8 | 37.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13434.78 Cr. | ₹10814.07 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.4% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.10 | 0.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.81 | ₹11.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.9% | 18.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in Indegene IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 80,94,068 shares in Indegene IPO.
| Aadhar Housing Finance IPO | Indegene IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,85,04,761 shares | 1,21,41,102 shares |
| Market Maker Reservation | ||
| QIB | 1,90,03,174 shares | 80,94,068 shares |
| NII | 1,42,52,381 shares | 60,70,552 shares |
| RII | 3,32,55,556 shares | 1,41,64,620 shares |
| Employee | 2,39,726 shares | 2,96,208 shares |
| Others | ||
| Total | 9,52,55,598 shares | 4,07,66,550 shares |
Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Indegene IPO subscribed 70.30x.
| Aadhar Housing Finance IPO | Indegene IPO | |
|---|---|---|
| QIB (times) | 76.42x | 192.72x |
| NII (times) | 17.33x | 55.91x |
| Big NII (times) | 18.90x | 62.23x |
| Small NII (times) | 14.19x | 43.26x |
| RII (times) | 2.58x | 7.86x |
| Employee (times) | 6.88x | 6.62x |
| Other (times) | ||
| Total (times) | 26.76x | 70.30x |