Comparison between Inox India IPO and Credo Brands Marketing IPO.
Inox India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Credo Brands Marketing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Inox India IPO is up to ₹1,459.32 Cr whereas the issue size of the Credo Brands Marketing IPO is up to ₹549.78 Cr. The final issue price of Inox India IPO is ₹660.00 per share and of Credo Brands Marketing IPO is ₹280.00 per share.
| Inox India IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹627.00 per share | ₹266.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹280.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹280.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 22 shares | 53 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,21,10,955 shares | 1,96,34,960 shares |
| OFS Issue Size (Amount) | up to ₹1,459.32 Cr | up to ₹549.78 Cr |
| Issue Size Total | 2,21,10,955 shares | 1,96,34,960 shares |
| Issue Size Total (Amount) | up to ₹1,459.32 Cr | up to ₹549.78 Cr |
Inox India IPO opens on Dec 14, 2023, while Credo Brands Marketing IPO opens on Dec 19, 2023. The closing date of Inox India IPO and Credo Brands Marketing IPO is Dec 18, 2023, and Dec 21, 2023, respectively.
| Inox India IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Bid Date | Dec 13, 2023 | Dec 18, 2023 |
| Issue Open | Dec 14, 2023 | Dec 19, 2023 |
| Issue Close | Dec 18, 2023 | Dec 21, 2023 |
| Basis Of Allotment (Tentative) | Dec 19, 2023 | Dec 22, 2023 |
| Initiation of Refunds (Tentative) | Dec 20, 2023 | Dec 26, 2023 |
| Credit of Share (Tentative) | Dec 20, 2023 | Dec 26, 2023 |
| Listing date (Tentative) | Dec 21, 2023 | Dec 27, 2023 |
| Anchor Lockin End date 1 | Jan 18, 2024 | Jan 21, 2024 |
| Anchor Lockin End date 2 | Mar 18, 2024 | Mar 21, 2024 |
Inox India IPO P/E ratio is 39.22, as compared to Credo Brands Marketing IPO P/E ratio of 23.22.
| Inox India IPO | Credo Brands Marketing IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.30 | 66.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 75.46 | 53.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 39.22 | 23.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5990.39 Cr. | ₹1800.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.79% | 29.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.53% | 28.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹16.83 | ₹0.54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.79% | 29.98% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Inox India IPO Retail Individual Investors (RII) are offered 77,38,835 shares while in Credo Brands Marketing IPO retail investors are offered 77,38,835 shares. Qualified Institutional Buyers (QIB) are offered 44,22,191 shares in Inox India IPO and 39,26,992 shares in Credo Brands Marketing IPO.
| Inox India IPO | Credo Brands Marketing IPO | |
|---|---|---|
| Anchor Investor Reservation | 66,33,285 shares | 58,90,488 shares |
| Market Maker Reservation | ||
| QIB | 44,22,191 shares | 39,26,992 shares |
| NII | 33,16,644 shares | 29,45,244 shares |
| RII | 77,38,835 shares | 68,72,236 shares |
| Employee | ||
| Others | ||
| Total | 2,21,10,955 shares | 1,96,34,960 shares |
Inox India IPO subscribed 61.28x in total, whereas Credo Brands Marketing IPO subscribed 51.85x.
| Inox India IPO | Credo Brands Marketing IPO | |
|---|---|---|
| QIB (times) | 147.80x | 104.95x |
| NII (times) | 53.20x | 55.52x |
| Big NII (times) | 56.55x | 55.73x |
| Small NII (times) | 46.52x | 55.10x |
| RII (times) | 15.30x | 19.94x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 61.28x | 51.85x |
