Comparison between Archean Chemical Industries IPO and Inox Green Energy IPO.
Archean Chemical Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Inox Green Energy IPO is ₹65.00 per share.
| Archean Chemical Industries IPO | Inox Green Energy IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹386.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹407.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹407.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 36 shares | 230 shares |
| Fresh Issue Size | 1,97,78,869 shares | 5,69,23,076 shares |
| Fresh Issue Size (Amount) | up to ₹805.00 Cr | up to ₹370.00 Cr |
| OFS Issue Size | 1,61,50,000 shares | 5,69,23,076 shares |
| OFS Issue Size (Amount) | up to ₹657.31 Cr | up to ₹370.00 Cr |
| Issue Size Total | 3,59,28,869 shares | 11,38,46,152 shares |
| Issue Size Total (Amount) | up to ₹1,462.30 Cr | up to ₹740.00 Cr |
Archean Chemical Industries IPO opens on Nov 09, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Archean Chemical Industries IPO and Inox Green Energy IPO is Nov 11, 2022, and Nov 15, 2022, respectively.
| Archean Chemical Industries IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Nov 10, 2022 |
| Issue Open | Nov 09, 2022 | Nov 11, 2022 |
| Issue Close | Nov 11, 2022 | Nov 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Nov 18, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Nov 21, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Nov 22, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Nov 23, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Dec 18, 2022 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Feb 16, 2023 |
Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Inox Green Energy IPO P/E ratio of -327.
| Archean Chemical Industries IPO | Inox Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.58 | 93.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.41 | 56.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.78 | -327 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5665.56 Cr. | ₹1897.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 113.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.53 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.26 | ₹-0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.24 | -0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Inox Green Energy IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 3,41,53,846 shares in Inox Green Energy IPO.
| Archean Chemical Industries IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,67,991 shares | 5,12,30,769 shares |
| Market Maker Reservation | ||
| QIB | 1,07,78,662 shares | 3,41,53,846 shares |
| NII | 53,89,330 shares | 1,70,76,922 shares |
| RII | 35,92,886 shares | 1,13,84,615 shares |
| Employee | ||
| Others | ||
| Total | 3,59,28,869 shares | 11,38,46,152 shares |
Archean Chemical Industries IPO subscribed 32.23x in total, whereas Inox Green Energy IPO subscribed 1.55x.
| Archean Chemical Industries IPO | Inox Green Energy IPO | |
|---|---|---|
| QIB (times) | 48.91x | 1.05x |
| NII (times) | 14.90x | 0.47x |
| Big NII (times) | 16.90x | 0.39x |
| Small NII (times) | 10.92x | 0.64x |
| RII (times) | 9.96x | 4.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 32.23x | 1.55x |
