Comparison between Bajaj Housing Finance IPO and Interarch Building Products IPO.
Bajaj Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Interarch Building Products IPO is ₹900.00 per share.
| Bajaj Housing Finance IPO | Interarch Building Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹850.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹900.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹900.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹85.00 per share |
| Market Lot Size | 214 shares | 16 shares |
| Fresh Issue Size | 50,85,71,428 shares | 22,24,539 shares |
| Fresh Issue Size (Amount) | up to ₹3,560.00 Cr | up to ₹200.14 Cr |
| OFS Issue Size | 42,85,71,428 shares | 44,47,630 shares |
| OFS Issue Size (Amount) | up to ₹3,000.00 Cr | up to ₹400.15 Cr |
| Issue Size Total | 93,71,42,856 shares | 66,72,169 shares |
| Issue Size Total (Amount) | up to ₹6,560.00 Cr | up to ₹600.29 Cr |
Bajaj Housing Finance IPO opens on Sep 09, 2024, while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of Bajaj Housing Finance IPO and Interarch Building Products IPO is Sep 11, 2024, and Aug 21, 2024, respectively.
| Bajaj Housing Finance IPO | Interarch Building Products IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Aug 16, 2024 |
| Issue Open | Sep 09, 2024 | Aug 19, 2024 |
| Issue Close | Sep 11, 2024 | Aug 21, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Aug 22, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Aug 23, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Aug 23, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Aug 26, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Sep 20, 2024 |
| Anchor Lockin End date 2 | Dec 11, 2024 | Nov 19, 2024 |
Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Interarch Building Products IPO P/E ratio of 15.04.
| Bajaj Housing Finance IPO | Interarch Building Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 87.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 88.75 | 59.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.62 | 15.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58297.03 Cr. | ₹1497.43 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.40% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.70 | -0.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.21 | ₹59.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.6% | 22.26% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Interarch Building Products IPO retail investors are offered 29,30,00,000 shares. Qualified Institutional Buyers (QIB) are offered 16,74,28,572 shares in Bajaj Housing Finance IPO and 13,29,526 shares in Interarch Building Products IPO.
| Bajaj Housing Finance IPO | Interarch Building Products IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,11,42,856 shares | 19,94,288 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,74,28,572 shares | 13,29,526 shares |
| NII | 12,55,71,429 shares | 9,97,145 shares |
| RII | 29,30,00,000 shares | 23,26,671 shares |
| Employee | 2,85,71,428 shares | 24,539 shares |
| Others | ||
| Total | 93,71,42,856 shares | 66,72,169 shares |
Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Interarch Building Products IPO subscribed 93.79x.
| Bajaj Housing Finance IPO | Interarch Building Products IPO | |
|---|---|---|
| QIB (times) | 222.05x | 197.29x |
| NII (times) | 43.98x | 130.91x |
| Big NII (times) | 50.53x | 148.31x |
| Small NII (times) | 30.88x | 96.11x |
| RII (times) | 7.41x | 19.46x |
| Employee (times) | 2.13x | 25.75x |
| Other (times) | 18.54x | |
| Total (times) | 67.43x | 93.79x |
