Comparison between Innova Captab IPO and Credo Brands Marketing IPO.
Innova Captab IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Credo Brands Marketing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Innova Captab IPO is up to ₹570.00 Cr whereas the issue size of the Credo Brands Marketing IPO is up to ₹549.78 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Credo Brands Marketing IPO is ₹280.00 per share.
| Innova Captab IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹426.00 per share | ₹266.00 per share |
| Issue Price (Upper) | ₹448.00 per share | ₹280.00 per share |
| Issue Price (Final) | ₹448.00 per share | ₹280.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 33 shares | 53 shares |
| Fresh Issue Size | 71,42,857 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹320.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 55,80,357 shares | 1,96,34,960 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹549.78 Cr |
| Issue Size Total | 1,27,23,214 shares | 1,96,34,960 shares |
| Issue Size Total (Amount) | up to ₹570.00 Cr | up to ₹549.78 Cr |
Innova Captab IPO opens on Dec 21, 2023, while Credo Brands Marketing IPO opens on Dec 19, 2023. The closing date of Innova Captab IPO and Credo Brands Marketing IPO is Dec 26, 2023, and Dec 21, 2023, respectively.
| Innova Captab IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Bid Date | Dec 20, 2023 | Dec 18, 2023 |
| Issue Open | Dec 21, 2023 | Dec 19, 2023 |
| Issue Close | Dec 26, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 28, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 29, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 26, 2024 | Mar 21, 2024 |
Innova Captab IPO P/E ratio is 31.64, as compared to Credo Brands Marketing IPO P/E ratio of 23.22.
| Innova Captab IPO | Credo Brands Marketing IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.85 | 66.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.64 | 23.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2563.70 Cr. | ₹1800.45 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.58% | 29.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.61% | 28.16% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | 0.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.16 | ₹0.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.58% | 29.98% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innova Captab IPO Retail Individual Investors (RII) are offered 44,53,125 shares while in Credo Brands Marketing IPO retail investors are offered 44,53,125 shares. Qualified Institutional Buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 39,26,992 shares in Credo Brands Marketing IPO.
| Innova Captab IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Investor Reservation | 38,16,963 shares | 58,90,488 shares |
| Market Maker Reservation | ||
| QIB | 25,44,643 shares | 39,26,992 shares |
| NII | 19,08,483 shares | 29,45,244 shares |
| RII | 44,53,125 shares | 68,72,236 shares |
| Employee | ||
| Others | ||
| Total | 1,27,23,214 shares | 1,96,34,960 shares |
Innova Captab IPO subscribed 55.26x in total, whereas Credo Brands Marketing IPO subscribed 51.85x.
| Innova Captab IPO | Credo Brands Marketing IPO | |
|---|---|---|
| QIB (times) | 116.73x | 104.95x |
| NII (times) | 64.95x | 55.52x |
| Big NII (times) | 71.59x | 55.73x |
| Small NII (times) | 51.65x | 55.10x |
| RII (times) | 17.15x | 19.94x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.26x | 51.85x |
