Inox Green Energy IPO vs Keystone Realtors IPO

Comparison between Inox Green Energy IPO and Keystone Realtors IPO.

IPO Details

Inox Green Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Keystone Realtors IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Inox Green Energy IPO is up to ₹740.00 Cr whereas the issue size of the Keystone Realtors IPO is up to ₹635.00 Cr. The final issue price of Inox Green Energy IPO is ₹65.00 per share and of Keystone Realtors IPO is ₹541.00 per share.

 Inox Green Energy IPOKeystone Realtors IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹61.00 per share₹514.00 per share
Issue Price (Upper)₹65.00 per share₹541.00 per share
Issue Price (Final)₹65.00 per share₹541.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size230 shares27 shares
Fresh Issue Size5,69,23,076 shares1,03,51,201 shares
Fresh Issue Size (Amount)up to ₹370.00 Crup to ₹560.00 Cr
OFS Issue Size5,69,23,076 shares13,86,320 shares
OFS Issue Size (Amount)up to ₹370.00 Crup to ₹75.00 Cr
Issue Size Total11,38,46,152 shares1,17,37,521 shares
Issue Size Total (Amount)up to ₹740.00 Crup to ₹635.00 Cr

IPO Timetable

Inox Green Energy IPO opens on Nov 11, 2022, while Keystone Realtors IPO opens on Nov 14, 2022. The closing date of Inox Green Energy IPO and Keystone Realtors IPO is Nov 15, 2022, and Nov 16, 2022, respectively.

 Inox Green Energy IPOKeystone Realtors IPO
Anchor Bid DateNov 10, 2022Nov 11, 2022
Issue OpenNov 11, 2022Nov 14, 2022
Issue CloseNov 15, 2022Nov 16, 2022
Basis Of Allotment (Tentative)Nov 18, 2022Nov 21, 2022
Initiation of Refunds (Tentative)Nov 21, 2022Nov 22, 2022
Credit of Share (Tentative)Nov 22, 2022Nov 23, 2022
Listing date (Tentative)Nov 23, 2022Nov 24, 2022
Anchor Lockin End date 1Dec 18, 2022Dec 21, 2022
Anchor Lockin End date 2Feb 16, 2023Feb 19, 2023

Financials & KPIs

Inox Green Energy IPO P/E ratio is -327, as compared to Keystone Realtors IPO P/E ratio of 365.54.

 Inox Green Energy IPOKeystone Realtors IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets2,127.742,120.652,692.802,339.86
Total Income63.16190.23186.29172.16
Profit After Tax-11.58-4.95-27.731.68
NET Worth795.00806.6342.9696.54
Reserves and Surplus0.000.000.00
Total Borrowing909.92904.171,411.021,084.92
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets3,910.153,876.843,676.243,654.104,415.314,153.07
Total Income176.001,302.9791.401,177.271,268.602,142.65
Profit After Tax4.22135.83-0.97231.8214.49137.74
NET Worth0.000.000.000.00
Reserves and Surplus0.000.000.000.00
Total Borrowing1,468.831,557.961,145.562,513.901,220.261,372.40
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.8496.71
Promoter Shareholding (Post-Issue)56.0487.92
P/E Ratio-327365.54
Market Cap₹1897.61 Cr.₹6160.77 Cr.
ROE
ROCE
Debt/Equity0.991.62
EPS₹-0.25₹13.96
RoNW-0.6114.97

Shares Offered

In the Inox Green Energy IPO Retail Individual Investors (RII) are offered 1,13,84,615 shares while in Keystone Realtors IPO retail investors are offered 1,13,84,615 shares. Qualified Institutional Buyers (QIB) are offered 3,41,53,846 shares in Inox Green Energy IPO and 23,47,504 shares in Keystone Realtors IPO.

 Inox Green Energy IPOKeystone Realtors IPO
Anchor Investor Reservation5,12,30,769 shares35,21,255 shares
Market Maker Reservation
QIB3,41,53,846 shares23,47,504 shares
NII1,70,76,922 shares17,60,629 shares
RII1,13,84,615 shares41,08,133 shares
Employee
Others
Total11,38,46,152 shares1,17,37,521 shares

Bids Received (Subscription)

Inox Green Energy IPO subscribed 1.55x in total, whereas Keystone Realtors IPO subscribed 2.01x.

 Inox Green Energy IPOKeystone Realtors IPO
QIB (times)1.05x3.84x
NII (times)0.47x3.03x
Big NII (times)0.39x3.78x
Small NII (times)0.64x1.53x
RII (times)4.70x0.53x
Employee (times)
Other (times)
Total (times)1.55x2.01x

Compare with others

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Inox Green Energy IPO Vs Keystone Realtors IPO