Comparison between Fusion Micro Finance IPO and Landmark Cars IPO.
Fusion Micro Finance 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 Fusion Micro Finance IPO is up to ₹1,103.99 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Fusion Micro Finance IPO is ₹368.00 per share and of Landmark Cars IPO is ₹506.00 per share.
| Fusion Micro Finance IPO | Landmark Cars IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹350.00 per share | ₹481.00 per share |
| Issue Price (Upper) | ₹368.00 per share | ₹506.00 per share |
| Issue Price (Final) | ₹368.00 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 | 40 shares | 29 shares |
| Fresh Issue Size | 1,63,04,347 shares | 29,66,498 shares |
| Fresh Issue Size (Amount) | up to ₹600.00 Cr | up to ₹150.08 Cr |
| OFS Issue Size | 1,36,95,466 shares | 79,44,662 shares |
| OFS Issue Size (Amount) | up to ₹503.99 Cr | up to ₹401.92 Cr |
| Issue Size Total | 2,99,99,813 shares | 1,09,11,160 shares |
| Issue Size Total (Amount) | up to ₹1,103.99 Cr | up to ₹552.00 Cr |
Fusion Micro Finance IPO opens on Nov 02, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Fusion Micro Finance IPO and Landmark Cars IPO is Nov 04, 2022, and Dec 15, 2022, respectively.
| Fusion Micro Finance IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Bid Date | Nov 01, 2022 | Dec 12, 2022 |
| Issue Open | Nov 02, 2022 | Dec 13, 2022 |
| Issue Close | Nov 04, 2022 | Dec 15, 2022 |
| Basis Of Allotment (Tentative) | Nov 10, 2022 | Dec 20, 2022 |
| Initiation of Refunds (Tentative) | Nov 11, 2022 | Dec 21, 2022 |
| Credit of Share (Tentative) | Nov 14, 2022 | Dec 22, 2022 |
| Listing date (Tentative) | Nov 15, 2022 | Dec 23, 2022 |
| Anchor Lockin End date 1 | Dec 10, 2022 | Jan 19, 2023 |
| Anchor Lockin End date 2 | Feb 08, 2023 | Mar 20, 2023 |
Fusion Micro Finance IPO P/E ratio is 12.33, as compared to Landmark Cars IPO P/E ratio of 27.61.
| Fusion Micro Finance IPO | Landmark Cars IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 85.57 | 60.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.10 | 44.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.33 | 27.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3703.21 Cr. | ₹2003.26 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 1.68 | 26.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.86 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.67 | ₹17.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 1.63 | 26.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fusion Micro Finance IPO Retail Individual Investors (RII) are offered 1,04,99,935 shares while in Landmark Cars IPO retail investors are offered 1,04,99,935 shares. Qualified Institutional Buyers (QIB) are offered 59,99,963 shares in Fusion Micro Finance IPO and 21,77,865 shares in Landmark Cars IPO.
| Fusion Micro Finance IPO | Landmark Cars IPO | |
|---|---|---|
| Anchor Investor Reservation | 89,99,943 shares | 32,66,797 shares |
| Market Maker Reservation | ||
| QIB | 59,99,963 shares | 21,77,865 shares |
| NII | 44,99,972 shares | 16,33,399 shares |
| RII | 1,04,99,935 shares | 38,11,265 shares |
| Employee | 21,834 shares | |
| Others | ||
| Total | 2,99,99,813 shares | 1,09,11,160 shares |
Fusion Micro Finance IPO subscribed 2.95x in total, whereas Landmark Cars IPO subscribed 3.06x.
| Fusion Micro Finance IPO | Landmark Cars IPO | |
|---|---|---|
| QIB (times) | 8.59x | 8.71x |
| NII (times) | 1.38x | 1.32x |
| Big NII (times) | 1.52x | 1.59x |
| Small NII (times) | 1.09x | 0.78x |
| RII (times) | 0.51x | 0.59x |
| Employee (times) | 2.93x | |
| Other (times) | ||
| Total (times) | 2.95x | 3.06x |
