Comparison between Abans Holdings IPO and Landmark Cars IPO.
Abans Holdings 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 Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Landmark Cars IPO is ₹506.00 per share.
| Abans Holdings IPO | Landmark Cars IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹256.00 per share | ₹481.00 per share |
| Issue Price (Upper) | ₹270.00 per share | ₹506.00 per share |
| Issue Price (Final) | ₹270.00 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 | 55 shares | 29 shares |
| Fresh Issue Size | 38,00,000 shares | 29,66,498 shares |
| Fresh Issue Size (Amount) | up to ₹102.60 Cr | up to ₹150.08 Cr |
| OFS Issue Size | 90,00,000 shares | 79,44,662 shares |
| OFS Issue Size (Amount) | up to ₹243.00 Cr | up to ₹401.92 Cr |
| Issue Size Total | 1,28,00,000 shares | 1,09,11,160 shares |
| Issue Size Total (Amount) | up to ₹345.60 Cr | up to ₹552.00 Cr |
Abans Holdings IPO opens on Dec 12, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Abans Holdings IPO and Landmark Cars IPO is Dec 15, 2022, and Dec 15, 2022, respectively.
| Abans Holdings IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2022 | |
| Issue Open | Dec 12, 2022 | Dec 13, 2022 |
| Issue Close | Dec 15, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Dec 20, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Dec 21, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Dec 22, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Dec 23, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Jan 19, 2023 | |
| Anchor Lockin End date 2 | Mar 20, 2023 |
Abans Holdings IPO P/E ratio is 18.96, as compared to Landmark Cars IPO P/E ratio of 27.61.
| Abans Holdings IPO | Landmark Cars IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.42 | 60.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.09 | 44.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.96 | 27.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1353.94 Cr. | ₹2003.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9 | 26.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | 18.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.37 | ₹17.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.01 | 26.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abans Holdings IPO Retail Individual Investors (RII) are offered 76,80,000 shares while in Landmark Cars IPO retail investors are offered 76,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 21,77,865 shares in Landmark Cars IPO.
| Abans Holdings IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Investor Reservation | 32,66,797 shares | |
| Market Maker Reservation | ||
| QIB | 12,80,000 shares | 21,77,865 shares |
| NII | 38,40,000 shares | 16,33,399 shares |
| RII | 76,80,000 shares | 38,11,265 shares |
| Employee | 21,834 shares | |
| Others | ||
| Total | 1,28,00,000 shares | 1,09,11,160 shares |
Abans Holdings IPO subscribed 1.10x in total, whereas Landmark Cars IPO subscribed 3.06x.
| Abans Holdings IPO | Landmark Cars IPO | |
|---|---|---|
| QIB (times) | 4.10x | 8.71x |
| NII (times) | 1.48x | 1.32x |
| Big NII (times) | 2.15x | 1.59x |
| Small NII (times) | 0.13x | 0.78x |
| RII (times) | 0.40x | 0.59x |
| Employee (times) | 2.93x | |
| Other (times) | ||
| Total (times) | 1.10x | 3.06x |
