Comparison between Fusion Micro Finance IPO and Inox Green Energy IPO.
Fusion Micro Finance 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 Fusion Micro Finance IPO is up to ₹1,103.99 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Fusion Micro Finance IPO is ₹368.00 per share and of Inox Green Energy IPO is ₹65.00 per share.
| Fusion Micro Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹350.00 per share | ₹61.00 per share |
| Issue Price (Upper) | ₹368.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹368.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 40 shares | 230 shares |
| Fresh Issue Size | 1,63,04,347 shares | 5,69,23,076 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹370.00 Cr |
| OFS Issue Size | 1,36,95,466 shares | 5,69,23,076 shares |
| OFS Issue Size (Amount) | up to ₹503.99 Cr | up to ₹370.00 Cr |
| Issue Size Total | 2,99,99,813 shares | 11,38,46,152 shares |
| Issue Size Total (Amount) | up to ₹1,103.99 Cr | up to ₹740.00 Cr |
Fusion Micro Finance IPO opens on Nov 02, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Fusion Micro Finance IPO and Inox Green Energy IPO is Nov 04, 2022, and Nov 15, 2022, respectively.
| Fusion Micro Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | Nov 01, 2022 | Nov 10, 2022 |
| Issue Open | Nov 02, 2022 | Nov 11, 2022 |
| Issue Close | Nov 04, 2022 | Nov 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 10, 2022 | Nov 18, 2022 |
| Initiation of Refunds (Tentative) | Nov 11, 2022 | Nov 21, 2022 |
| Credit of Share (Tentative) | Nov 14, 2022 | Nov 22, 2022 |
| Listing date (Tentative) | Nov 15, 2022 | Nov 23, 2022 |
| Anchor Lockin End date 1 | Dec 10, 2022 | Dec 18, 2022 |
| Anchor Lockin End date 2 | Feb 08, 2023 | Feb 16, 2023 |
Fusion Micro Finance IPO P/E ratio is 12.33, as compared to Inox Green Energy IPO P/E ratio of -327.
| Fusion Micro Finance IPO | Inox Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.57 | 93.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.10 | 56.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.33 | -327 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3703.21 Cr. | ₹1897.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.20 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.67 | ₹-0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.63 | -0.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fusion Micro Finance IPO Retail Individual Investors (RII) are offered 1,04,99,935 shares while in Inox Green Energy IPO retail investors are offered 1,04,99,935 shares. Qualified Institutional Buyers (QIB) are offered 59,99,963 shares in Fusion Micro Finance IPO and 3,41,53,846 shares in Inox Green Energy IPO.
| Fusion Micro Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,99,943 shares | 5,12,30,769 shares |
| Market Maker Reservation | ||
| QIB | 59,99,963 shares | 3,41,53,846 shares |
| NII | 44,99,972 shares | 1,70,76,922 shares |
| RII | 1,04,99,935 shares | 1,13,84,615 shares |
| Employee | ||
| Others | ||
| Total | 2,99,99,813 shares | 11,38,46,152 shares |
Fusion Micro Finance IPO subscribed 2.95x in total, whereas Inox Green Energy IPO subscribed 1.55x.
| Fusion Micro Finance IPO | Inox Green Energy IPO | |
|---|---|---|
| QIB (times) | 8.59x | 1.05x |
| NII (times) | 1.38x | 0.47x |
| Big NII (times) | 1.52x | 0.39x |
| Small NII (times) | 1.09x | 0.64x |
| RII (times) | 0.51x | 4.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.95x | 1.55x |
