Comparison between Innova Captab IPO and Inox India IPO.
Innova Captab IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox India 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 Inox India IPO is up to ₹1,459.32 Cr. The final issue price of Innova Captab IPO is ₹448.00 per share and of Inox India IPO is ₹660.00 per share.
| Innova Captab IPO | Inox India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹426.00 per share | ₹627.00 per share |
| Issue Price (Upper) | ₹448.00 per share | ₹660.00 per share |
| Issue Price (Final) | ₹448.00 per share | ₹660.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 33 shares | 22 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 | 2,21,10,955 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹1,459.32 Cr |
| Issue Size Total | 1,27,23,214 shares | 2,21,10,955 shares |
| Issue Size Total (Amount) | up to ₹570.00 Cr | up to ₹1,459.32 Cr |
Innova Captab IPO opens on Dec 21, 2023, while Inox India IPO opens on Dec 14, 2023. The closing date of Innova Captab IPO and Inox India IPO is Dec 26, 2023, and Dec 18, 2023, respectively.
| Innova Captab IPO | Inox India IPO | |
|---|---|---|
| Anchor Bid Date | Dec 20, 2023 | Dec 13, 2023 |
| Issue Open | Dec 21, 2023 | Dec 14, 2023 |
| Issue Close | Dec 26, 2023 | Dec 18, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Dec 19, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Dec 20, 2023 |
| Credit of Share (Tentative) | Dec 28, 2023 | Dec 20, 2023 |
| Listing date (Tentative) | Dec 29, 2023 | Dec 21, 2023 |
| Anchor Lockin End date 1 | Jan 26, 2024 | Jan 18, 2024 |
| Anchor Lockin End date 2 | Mar 26, 2024 | Mar 18, 2024 |
Innova Captab IPO P/E ratio is 31.64, as compared to Inox India IPO P/E ratio of 39.22.
| Innova Captab IPO | Inox India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 66.85 | 99.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.64 | 39.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2563.70 Cr. | ₹5990.39 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 24.58% | 27.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.61% | 36.53% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.16 | ₹16.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.58% | 27.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innova Captab IPO Retail Individual Investors (RII) are offered 44,53,125 shares while in Inox India IPO retail investors are offered 44,53,125 shares. Qualified Institutional Buyers (QIB) are offered 25,44,643 shares in Innova Captab IPO and 44,22,191 shares in Inox India IPO.
| Innova Captab IPO | Inox India IPO | |
|---|---|---|
| Anchor Investor Reservation | 38,16,963 shares | 66,33,285 shares |
| Market Maker Reservation | ||
| QIB | 25,44,643 shares | 44,22,191 shares |
| NII | 19,08,483 shares | 33,16,644 shares |
| RII | 44,53,125 shares | 77,38,835 shares |
| Employee | ||
| Others | ||
| Total | 1,27,23,214 shares | 2,21,10,955 shares |
Innova Captab IPO subscribed 55.26x in total, whereas Inox India IPO subscribed 61.28x.
| Innova Captab IPO | Inox India IPO | |
|---|---|---|
| QIB (times) | 116.73x | 147.80x |
| NII (times) | 64.95x | 53.20x |
| Big NII (times) | 71.59x | 56.55x |
| Small NII (times) | 51.65x | 46.52x |
| RII (times) | 17.15x | 15.30x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.26x | 61.28x |
