Comparison between ESAF Small Finance Bank IPO and Honasa Consumer IPO.
ESAF Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Honasa Consumer IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ESAF Small Finance Bank IPO is up to ₹463.00 Cr whereas the issue size of the Honasa Consumer IPO is up to ₹1,701.44 Cr. The final issue price of ESAF Small Finance Bank IPO is ₹60.00 per share and of Honasa Consumer IPO is ₹324.00 per share.
| ESAF Small Finance Bank IPO | Honasa Consumer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹57.00 per share | ₹308.00 per share |
| Issue Price (Upper) | ₹60.00 per share | ₹324.00 per share |
| Issue Price (Final) | ₹60.00 per share | ₹324.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | ₹30.00 per share |
| Market Lot Size | 250 shares | 46 shares |
| Fresh Issue Size | 6,53,06,060 shares | 1,12,67,530 shares |
| Fresh Issue Size (Amount) | up to ₹390.88 Cr | up to ₹365.05 Cr |
| OFS Issue Size | 1,20,49,999 shares | 4,12,48,162 shares |
| OFS Issue Size (Amount) | up to ₹72.12 Cr | up to ₹1,336.39 Cr |
| Issue Size Total | 7,73,56,059 shares | 5,25,15,692 shares |
| Issue Size Total (Amount) | up to ₹463.00 Cr | up to ₹1,701.44 Cr |
ESAF Small Finance Bank IPO opens on Nov 03, 2023, while Honasa Consumer IPO opens on Oct 31, 2023. The closing date of ESAF Small Finance Bank IPO and Honasa Consumer IPO is Nov 07, 2023, and Nov 02, 2023, respectively.
| ESAF Small Finance Bank IPO | Honasa Consumer IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2023 | Oct 30, 2023 |
| Issue Open | Nov 03, 2023 | Oct 31, 2023 |
| Issue Close | Nov 07, 2023 | Nov 02, 2023 |
| Basis Of Allotment (Tentative) | Nov 08, 2023 | Nov 06, 2023 |
| Initiation of Refunds (Tentative) | Nov 08, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 09, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 07, 2023 |
| Anchor Lockin End date 1 | Dec 08, 2023 | Dec 06, 2023 |
| Anchor Lockin End date 2 | Feb 06, 2024 | Feb 04, 2024 |
ESAF Small Finance Bank IPO P/E ratio is 8.94, as compared to Honasa Consumer IPO P/E ratio of .
| ESAF Small Finance Bank IPO | Honasa Consumer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.43 | 37.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 35.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3087.54 Cr. | ₹10425.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.73 | ₹4.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.69% | -23.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ESAF Small Finance Bank IPO Retail Individual Investors (RII) are offered 2,62,79,167 shares while in Honasa Consumer IPO retail investors are offered 2,62,79,167 shares. Qualified Institutional Buyers (QIB) are offered 1,50,16,667 shares in ESAF Small Finance Bank IPO and 1,57,44,820 shares in Honasa Consumer IPO.
| ESAF Small Finance Bank IPO | Honasa Consumer IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,25,24,998 shares | 2,36,17,228 shares |
| Market Maker Reservation | ||
| QIB | 1,50,16,667 shares | 1,57,44,820 shares |
| NII | 1,12,62,500 shares | 78,72,409 shares |
| RII | 2,62,79,167 shares | 52,48,272 shares |
| Employee | 22,72,727 shares | 34,013 shares |
| Others | ||
| Total | 7,73,56,059 shares | 5,25,16,742 shares |
ESAF Small Finance Bank IPO subscribed 77.00x in total, whereas Honasa Consumer IPO subscribed 7.61x.
| ESAF Small Finance Bank IPO | Honasa Consumer IPO | |
|---|---|---|
| QIB (times) | 182.66x | 11.50x |
| NII (times) | 88.81x | 4.02x |
| Big NII (times) | 96.51x | 4.85x |
| Small NII (times) | 73.41x | 2.36x |
| RII (times) | 17.86x | 1.35x |
| Employee (times) | 4.59x | 4.88x |
| Other (times) | ||
| Total (times) | 77.00x | 7.61x |