Comparison between Inox Green Energy IPO and Landmark Cars IPO.
Inox Green Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Landmark Cars IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Inox Green Energy IPO is up to ₹740.00 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Inox Green Energy IPO is ₹65.00 per share and of Landmark Cars IPO is ₹506.00 per share.
| Inox Green Energy IPO | Landmark Cars IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹61.00 per share | ₹481.00 per share |
| Issue Price (Upper) | ₹65.00 per share | ₹506.00 per share |
| Issue Price (Final) | ₹65.00 per share | ₹506.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 230 shares | 29 shares |
| Fresh Issue Size | 5,69,23,076 shares | 29,66,498 shares |
| Fresh Issue Size (Amount) | up to ₹370.00 Cr | up to ₹150.08 Cr |
| OFS Issue Size | 5,69,23,076 shares | 79,44,662 shares |
| OFS Issue Size (Amount) | up to ₹370.00 Cr | up to ₹401.92 Cr |
| Issue Size Total | 11,38,46,152 shares | 1,09,11,160 shares |
| Issue Size Total (Amount) | up to ₹740.00 Cr | up to ₹552.00 Cr |
Inox Green Energy IPO opens on Nov 11, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Inox Green Energy IPO and Landmark Cars IPO is Nov 15, 2022, and Dec 15, 2022, respectively.
| Inox Green Energy IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2022 | Dec 12, 2022 |
| Issue Open | Nov 11, 2022 | Dec 13, 2022 |
| Issue Close | Nov 15, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 18, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Nov 21, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Nov 22, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Nov 23, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Dec 18, 2022 | Jan 19, 2023 |
| Anchor Lockin End date 2 | Feb 16, 2023 | Mar 20, 2023 |
Inox Green Energy IPO P/E ratio is -327, as compared to Landmark Cars IPO P/E ratio of 27.61.
| Inox Green Energy IPO | Landmark Cars IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.84 | 60.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.04 | 44.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -327 | 27.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1897.61 Cr. | ₹2003.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-0.25 | ₹17.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -0.61 | 26.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox Green Energy IPO Retail Individual Investors (RII) are offered 1,13,84,615 shares while in Landmark Cars 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 21,77,865 shares in Landmark Cars IPO.
| Inox Green Energy IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,12,30,769 shares | 32,66,797 shares |
| Market Maker Reservation | ||
| QIB | 3,41,53,846 shares | 21,77,865 shares |
| NII | 1,70,76,922 shares | 16,33,399 shares |
| RII | 1,13,84,615 shares | 38,11,265 shares |
| Employee | 21,834 shares | |
| Others | ||
| Total | 11,38,46,152 shares | 1,09,11,160 shares |
Inox Green Energy IPO subscribed 1.55x in total, whereas Landmark Cars IPO subscribed 3.06x.
| Inox Green Energy IPO | Landmark Cars IPO | |
|---|---|---|
| QIB (times) | 1.05x | 8.71x |
| NII (times) | 0.47x | 1.32x |
| Big NII (times) | 0.39x | 1.59x |
| Small NII (times) | 0.64x | 0.78x |
| RII (times) | 4.70x | 0.59x |
| Employee (times) | 2.93x | |
| Other (times) | ||
| Total (times) | 1.55x | 3.06x |
