Comparison between Inox Green Energy IPO and Sula Vineyards IPO.
Inox Green Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sula Vineyards 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 Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Inox Green Energy IPO is ₹65.00 per share and of Sula Vineyards IPO is ₹357.00 per share.
| Inox Green Energy IPO | Sula Vineyards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹61.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹65.00 per share | ₹357.00 per share |
| Issue Price (Final) | ₹65.00 per share | ₹357.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 230 shares | 42 shares |
| Fresh Issue Size | 5,69,23,076 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹370.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 5,69,23,076 shares | 2,69,00,530 shares |
| OFS Issue Size (Amount) | up to ₹370.00 Cr | up to ₹960.35 Cr |
| Issue Size Total | 11,38,46,152 shares | 2,69,00,530 shares |
| Issue Size Total (Amount) | up to ₹740.00 Cr | up to ₹960.35 Cr |
Inox Green Energy IPO opens on Nov 11, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Inox Green Energy IPO and Sula Vineyards IPO is Nov 15, 2022, and Dec 14, 2022, respectively.
| Inox Green Energy IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2022 | Dec 09, 2022 |
| Issue Open | Nov 11, 2022 | Dec 12, 2022 |
| Issue Close | Nov 15, 2022 | Dec 14, 2022 |
| Basis Of Allotment (Tentative) | Nov 18, 2022 | Dec 19, 2022 |
| Initiation of Refunds (Tentative) | Nov 21, 2022 | Dec 20, 2022 |
| Credit of Share (Tentative) | Nov 22, 2022 | Dec 21, 2022 |
| Listing date (Tentative) | Nov 23, 2022 | Dec 22, 2022 |
| Anchor Lockin End date 1 | Dec 18, 2022 | Jan 18, 2023 |
| Anchor Lockin End date 2 | Feb 16, 2023 | Mar 19, 2023 |
Inox Green Energy IPO P/E ratio is -327, as compared to Sula Vineyards IPO P/E ratio of 49.24.
| Inox Green Energy IPO | Sula Vineyards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.84 | 28.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 56.04 | 27.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -327 | 49.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1897.61 Cr. | ₹3005.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.99 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-0.25 | ₹6.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -0.61 | 11.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox Green Energy IPO Retail Individual Investors (RII) are offered 1,13,84,615 shares while in Sula Vineyards 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 53,80,106 shares in Sula Vineyards IPO.
| Inox Green Energy IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,12,30,769 shares | 80,70,158 shares |
| Market Maker Reservation | ||
| QIB | 3,41,53,846 shares | 53,80,106 shares |
| NII | 1,70,76,922 shares | 40,35,080 shares |
| RII | 1,13,84,615 shares | 94,15,186 shares |
| Employee | ||
| Others | ||
| Total | 11,38,46,152 shares | 2,69,00,530 shares |
Inox Green Energy IPO subscribed 1.55x in total, whereas Sula Vineyards IPO subscribed 2.33x.
| Inox Green Energy IPO | Sula Vineyards IPO | |
|---|---|---|
| QIB (times) | 1.05x | 4.13x |
| NII (times) | 0.47x | 1.51x |
| Big NII (times) | 0.39x | 1.69x |
| Small NII (times) | 0.64x | 1.15x |
| RII (times) | 4.70x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.55x | 2.33x |
