Comparison between CreditAccess Grameen IPO and IndoStar Capital Finance IPO.
CreditAccess Grameen IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IndoStar Capital Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CreditAccess Grameen IPO is up to ₹1,131.19 Cr whereas the issue size of the IndoStar Capital Finance IPO is up to ₹1,844.00 Cr. The final issue price of CreditAccess Grameen IPO is ₹422.00 per share and of IndoStar Capital Finance IPO is ₹572.00 per share.
| CreditAccess Grameen IPO | IndoStar Capital Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹418.00 per share | ₹570.00 per share |
| Issue Price (Upper) | ₹422.00 per share | ₹572.00 per share |
| Issue Price (Final) | ₹422.00 per share | ₹572.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 35 shares | 26 shares |
| Fresh Issue Size | 1,49,28,909 shares | 1,22,37,762 shares |
| Fresh Issue Size (Amount) | up to ₹630.00 Cr | up to ₹700.00 Cr |
| OFS Issue Size | 1,18,76,485 shares | 2,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹501.19 Cr | up to ₹1,144.00 Cr |
| Issue Size Total | 2,68,05,394 shares | 3,22,37,762 shares |
| Issue Size Total (Amount) | up to ₹1,131.19 Cr | up to ₹1,844.00 Cr |
CreditAccess Grameen IPO opens on Aug 08, 2018, while IndoStar Capital Finance IPO opens on May 09, 2018. The closing date of CreditAccess Grameen IPO and IndoStar Capital Finance IPO is Aug 10, 2018, and May 11, 2018, respectively.
| CreditAccess Grameen IPO | IndoStar Capital Finance IPO | |
|---|---|---|
| Anchor Bid Date | Aug 07, 2018 | May 08, 2018 |
| Issue Open | Aug 08, 2018 | May 09, 2018 |
| Issue Close | Aug 10, 2018 | May 11, 2018 |
| Basis Of Allotment (Tentative) | Aug 16, 2018 | May 16, 2018 |
| Initiation of Refunds (Tentative) | Aug 20, 2018 | May 17, 2018 |
| Credit of Share (Tentative) | Aug 21, 2018 | May 18, 2018 |
| Listing date (Tentative) | Aug 23, 2018 | May 21, 2018 |
| Anchor Lockin End date 1 | Sep 15, 2018 | Jun 15, 2018 |
| Anchor Lockin End date 2 | Nov 14, 2018 | Aug 14, 2018 |
CreditAccess Grameen IPO P/E ratio is , as compared to IndoStar Capital Finance IPO P/E ratio of .
| CreditAccess Grameen IPO | IndoStar Capital Finance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6049.63 Cr. | ₹5213.15 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CreditAccess Grameen IPO Retail Individual Investors (RII) are offered 93,81,888 shares while in IndoStar Capital Finance IPO retail investors are offered 93,81,888 shares. Qualified Institutional Buyers (QIB) are offered 53,61,079 shares in CreditAccess Grameen IPO and 64,47,552 shares in IndoStar Capital Finance IPO.
| CreditAccess Grameen IPO | IndoStar Capital Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 80,41,617 shares | 96,71,328 shares |
| Market Maker Reservation | ||
| QIB | 53,61,079 shares | 64,47,552 shares |
| NII | 40,20,810 shares | 48,35,665 shares |
| RII | 93,81,888 shares | 1,12,83,217 shares |
| Employee | ||
| Others | ||
| Total | 2,68,05,394 shares | 3,22,37,762 shares |
CreditAccess Grameen IPO subscribed 2.22x in total, whereas IndoStar Capital Finance IPO subscribed 6.65x.
| CreditAccess Grameen IPO | IndoStar Capital Finance IPO | |
|---|---|---|
| QIB (times) | 5.52x | 16.08x |
| NII (times) | 0.98x | 6.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.87x | 1.17x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.22x | 6.65x |
