Aadhar Housing Finance IPO vs Kronox Lab Sciences IPO

Comparison between Aadhar Housing Finance IPO and Kronox Lab Sciences IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kronox Lab Sciences IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Kronox Lab Sciences IPO is up to ₹130.15 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Kronox Lab Sciences IPO is ₹136.00 per share.

 Aadhar Housing Finance IPOKronox Lab Sciences IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹300.00 per share₹129.00 per share
Issue Price (Upper)₹315.00 per share₹136.00 per share
Issue Price (Final)₹315.00 per share₹136.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹23.00 per share
Market Lot Size47 shares110 shares
Fresh Issue Size3,17,63,535 shares0 shares
Fresh Issue Size (Amount)up to ₹1,000.37 Crup to ₹0.00 Cr
OFS Issue Size6,34,92,063 shares95,70,000 shares
OFS Issue Size (Amount)up to ₹1,999.63 Crup to ₹130.15 Cr
Issue Size Total9,52,55,598 shares95,70,000 shares
Issue Size Total (Amount)up to ₹3,000.00 Crup to ₹130.15 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while Kronox Lab Sciences IPO opens on Jun 03, 2024. The closing date of Aadhar Housing Finance IPO and Kronox Lab Sciences IPO is May 10, 2024, and Jun 05, 2024, respectively.

 Aadhar Housing Finance IPOKronox Lab Sciences IPO
Anchor Bid DateMay 07, 2024May 31, 2024
Issue OpenMay 08, 2024Jun 03, 2024
Issue CloseMay 10, 2024Jun 05, 2024
Basis Of Allotment (Tentative)May 13, 2024Jun 06, 2024
Initiation of Refunds (Tentative)May 14, 2024Jun 07, 2024
Credit of Share (Tentative)May 14, 2024Jun 07, 2024
Listing date (Tentative)May 15, 2024Jun 10, 2024
Anchor Lockin End date 1Jun 12, 2024Jul 06, 2024
Anchor Lockin End date 2Aug 11, 2024Sep 04, 2024

Financials & KPIs

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Kronox Lab Sciences IPO P/E ratio of 30.37.

 Aadhar Housing Finance IPOKronox Lab Sciences IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18,035.5716,617.8714,375.8113,630.33
Total Income1,895.172,043.521,728.561,575.55
Profit After Tax547.88545.34446.20340.46
NET Worth4,249.103,697.603,146.632,692.76
Total Borrowing13,127.5912,153.4510,674.5910,374.47
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets66.9654.0356.7937.65
Total Income68.4497.5083.3463.24
Profit After Tax15.4716.6213.639.73
NET Worth60.2844.6840.3526.81
Reserves and Surplus15.567.5840.1126.57
Total Borrowing0.640.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.7299.98
Promoter Shareholding (Post-Issue)76.4874.21
P/E Ratio22.830.37
Market Cap₹13434.78 Cr.₹504.61 Cr.
ROE18.4%25.66%
ROCE33.15%
Debt/Equity3.10
EPS₹13.81₹4.48
RoNW12.9%25.66%

Shares Offered

In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in Kronox Lab Sciences IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 19,14,000 shares in Kronox Lab Sciences IPO.

 Aadhar Housing Finance IPOKronox Lab Sciences IPO
Anchor Investor Reservation2,85,04,761 shares28,71,000 shares
Market Maker Reservation
QIB1,90,03,174 shares19,14,000 shares
NII1,42,52,381 shares14,35,500 shares
RII3,32,55,556 shares33,49,500 shares
Employee2,39,726 shares
Others
Total9,52,55,598 shares95,70,000 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Kronox Lab Sciences IPO subscribed 117.25x.

 Aadhar Housing Finance IPOKronox Lab Sciences IPO
QIB (times)76.42x89.03x
NII (times)17.33x301.92x
Big NII (times)18.90x322.26x
Small NII (times)14.19x261.22x
RII (times)2.58x54.24x
Employee (times)6.88x
Other (times)
Total (times)26.76x117.25x

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