Elin Electronics IPO vs KFin Technologies IPO

Comparison between Elin Electronics IPO and KFin Technologies IPO.

IPO Details

Elin Electronics IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KFin Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Elin Electronics IPO is up to ₹475.00 Cr whereas the issue size of the KFin Technologies IPO is up to ₹1,500.00 Cr. The final issue price of Elin Electronics IPO is ₹247.00 per share and of KFin Technologies IPO is ₹366.00 per share.

 Elin Electronics IPOKFin Technologies IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹234.00 per share₹347.00 per share
Issue Price (Upper)₹247.00 per share₹366.00 per share
Issue Price (Final)₹247.00 per share₹366.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size60 shares40 shares
Fresh Issue Size70,85,020 shares0 shares
Fresh Issue Size (Amount)up to ₹175.00 Crup to ₹0.00 Cr
OFS Issue Size1,21,45,726 shares4,09,83,606 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹1,500.00 Cr
Issue Size Total1,92,30,746 shares4,09,83,606 shares
Issue Size Total (Amount)up to ₹475.00 Crup to ₹1,500.00 Cr

IPO Timetable

Elin Electronics IPO opens on Dec 20, 2022, while KFin Technologies IPO opens on Dec 19, 2022. The closing date of Elin Electronics IPO and KFin Technologies IPO is Dec 22, 2022, and Dec 21, 2022, respectively.

 Elin Electronics IPOKFin Technologies IPO
Anchor Bid DateDec 19, 2022Dec 16, 2022
Issue OpenDec 20, 2022Dec 19, 2022
Issue CloseDec 22, 2022Dec 21, 2022
Basis Of Allotment (Tentative)Dec 27, 2022Dec 26, 2022
Initiation of Refunds (Tentative)Dec 28, 2022Dec 27, 2022
Credit of Share (Tentative)Dec 29, 2022Dec 28, 2022
Listing date (Tentative)Dec 30, 2022Dec 29, 2022
Anchor Lockin End date 1Jan 26, 2023Jan 25, 2023
Anchor Lockin End date 2Mar 27, 2023Mar 26, 2023

Financials & KPIs

Elin Electronics IPO P/E ratio is 29.69, as compared to KFin Technologies IPO P/E ratio of 35.92.

 Elin Electronics IPOKFin Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets589.24532.61508.31387.63397.73
Total Income604.741,094.67864.90786.37829.74
Profit After Tax20.6739.1534.8627.4929.07
NET Worth0.000.000.000.00
Reserves and Surplus0.000.000.000.00
Total Borrowing102.77102.33113.7769.8986.64
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202230 Sep 202131 Mar 202131 Mar 202031 Mar 2019
Assets1,114.811,026.41973.26922.61868.381,021.78
Total Income353.76645.56293.43486.20455.27164.76
Profit After Tax85.35148.5567.80-64.514.528.96
NET Worth736.72644.34269.95346.40409.58519.28
Reserves and Surplus0.000.000.000.000.00
Total Borrowing126.24122.51321.44346.13375.44406.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)53.9874.37
Promoter Shareholding (Post-Issue)32.9349.91
P/E Ratio29.6935.92
Market Cap₹1226.58 Cr.₹6133.02 Cr.
ROE13.85
ROCE15.82
Debt/Equity0.32
EPS₹9.59₹9.44
RoNW12.9229.99

Shares Offered

In the Elin Electronics IPO Retail Individual Investors (RII) are offered 67,30,762 shares while in KFin Technologies IPO retail investors are offered 67,30,762 shares. Qualified Institutional Buyers (QIB) are offered 38,46,149 shares in Elin Electronics IPO and 1,22,95,083 shares in KFin Technologies IPO.

 Elin Electronics IPOKFin Technologies IPO
Anchor Investor Reservation57,69,223 shares1,84,42,623 shares
Market Maker Reservation
QIB38,46,149 shares1,22,95,083 shares
NII28,84,612 shares61,47,540 shares
RII67,30,762 shares40,98,360 shares
Employee
Others
Total1,92,30,746 shares4,09,83,606 shares

Bids Received (Subscription)

Elin Electronics IPO subscribed 3.09x in total, whereas KFin Technologies IPO subscribed 2.59x.

 Elin Electronics IPOKFin Technologies IPO
QIB (times)4.51x4.17x
NII (times)3.29x0.23x
Big NII (times)2.99x0.25x
Small NII (times)3.89x0.20x
RII (times)2.20x1.36x
Employee (times)
Other (times)
Total (times)3.09x2.59x

Compare with others

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Elin Electronics IPO Vs KFin Technologies IPO