Comparison between Fedbank Financial IPO and Honasa Consumer IPO.
Fedbank Financial 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 Fedbank Financial IPO is up to ₹1,092.26 Cr whereas the issue size of the Honasa Consumer IPO is up to ₹1,701.44 Cr. The final issue price of Fedbank Financial IPO is ₹140.00 per share and of Honasa Consumer IPO is ₹324.00 per share.
| Fedbank Financial IPO | Honasa Consumer IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹308.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹324.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹324.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | ₹30.00 per share |
| Market Lot Size | 107 shares | 46 shares |
| Fresh Issue Size | 4,28,95,082 shares | 1,12,67,530 shares |
| Fresh Issue Size (Amount) | up to ₹600.35 Cr | up to ₹365.05 Cr |
| OFS Issue Size | 3,51,47,789 shares | 4,12,48,162 shares |
| OFS Issue Size (Amount) | up to ₹491.92 Cr | up to ₹1,336.39 Cr |
| Issue Size Total | 7,80,42,871 shares | 5,25,15,692 shares |
| Issue Size Total (Amount) | up to ₹1,092.26 Cr | up to ₹1,701.44 Cr |
Fedbank Financial IPO opens on Nov 22, 2023, while Honasa Consumer IPO opens on Oct 31, 2023. The closing date of Fedbank Financial IPO and Honasa Consumer IPO is Nov 24, 2023, and Nov 02, 2023, respectively.
| Fedbank Financial IPO | Honasa Consumer IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2023 | Oct 30, 2023 |
| Issue Open | Nov 22, 2023 | Oct 31, 2023 |
| Issue Close | Nov 24, 2023 | Nov 02, 2023 |
| Basis Of Allotment (Tentative) | Nov 28, 2023 | Nov 06, 2023 |
| Initiation of Refunds (Tentative) | Nov 28, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 29, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Nov 30, 2023 | Nov 07, 2023 |
| Anchor Lockin End date 1 | Dec 28, 2023 | Dec 06, 2023 |
| Anchor Lockin End date 2 | Feb 26, 2024 | Feb 04, 2024 |
Fedbank Financial IPO P/E ratio is 25.04, as compared to Honasa Consumer IPO P/E ratio of .
| Fedbank Financial IPO | Honasa Consumer IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.28 | 37.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.40 | 35.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5165.06 Cr. | ₹10425.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.36% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.60 | ₹4.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.29% | -23.57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fedbank Financial IPO Retail Individual Investors (RII) are offered 2,70,56,603 shares while in Honasa Consumer IPO retail investors are offered 2,70,56,603 shares. Qualified Institutional Buyers (QIB) are offered 1,54,60,916 shares in Fedbank Financial IPO and 1,57,44,820 shares in Honasa Consumer IPO.
| Fedbank Financial IPO | Honasa Consumer IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,31,91,374 shares | 2,36,17,228 shares |
| Market Maker Reservation | ||
| QIB | 1,54,60,916 shares | 1,57,44,820 shares |
| NII | 1,15,95,687 shares | 78,72,409 shares |
| RII | 2,70,56,603 shares | 52,48,272 shares |
| Employee | 7,69,230 shares | 34,013 shares |
| Others | ||
| Total | 7,80,73,810 shares | 5,25,16,742 shares |
Fedbank Financial IPO subscribed 2.24x in total, whereas Honasa Consumer IPO subscribed 7.61x.
| Fedbank Financial IPO | Honasa Consumer IPO | |
|---|---|---|
| QIB (times) | 3.48x | 11.50x |
| NII (times) | 1.49x | 4.02x |
| Big NII (times) | 1.27x | 4.85x |
| Small NII (times) | 1.95x | 2.36x |
| RII (times) | 1.88x | 1.35x |
| Employee (times) | 1.34x | 4.88x |
| Other (times) | ||
| Total (times) | 2.24x | 7.61x |