Comparison between Fedbank Financial IPO and Muthoot Microfin IPO.
Fedbank Financial IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Muthoot Microfin 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 Muthoot Microfin IPO is up to ₹960.00 Cr. The final issue price of Fedbank Financial IPO is ₹140.00 per share and of Muthoot Microfin IPO is ₹291.00 per share.
| Fedbank Financial IPO | Muthoot Microfin IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹133.00 per share | ₹277.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹291.00 per share |
| Issue Price (Final) | ₹140.00 per share | ₹291.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | ₹14.00 per share |
| Market Lot Size | 107 shares | 51 shares |
| Fresh Issue Size | 4,28,95,082 shares | 2,61,34,205 shares |
| Fresh Issue Size (Amount) | up to ₹600.35 Cr | up to ₹760.11 Cr |
| OFS Issue Size | 3,51,47,789 shares | 68,72,849 shares |
| OFS Issue Size (Amount) | up to ₹491.92 Cr | up to ₹199.89 Cr |
| Issue Size Total | 7,80,42,871 shares | 3,30,07,054 shares |
| Issue Size Total (Amount) | up to ₹1,092.26 Cr | up to ₹960.00 Cr |
Fedbank Financial IPO opens on Nov 22, 2023, while Muthoot Microfin IPO opens on Dec 18, 2023. The closing date of Fedbank Financial IPO and Muthoot Microfin IPO is Nov 24, 2023, and Dec 20, 2023, respectively.
| Fedbank Financial IPO | Muthoot Microfin IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2023 | Dec 15, 2023 |
| Issue Open | Nov 22, 2023 | Dec 18, 2023 |
| Issue Close | Nov 24, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Nov 28, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Nov 28, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Nov 29, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Nov 30, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Dec 28, 2023 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Feb 26, 2024 | Mar 20, 2024 |
Fedbank Financial IPO P/E ratio is 25.04, as compared to Muthoot Microfin IPO P/E ratio of 24.96.
| Fedbank Financial IPO | Muthoot Microfin IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 72.28 | 69.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.40 | 55.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 25.04 | 24.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5165.06 Cr. | ₹4960.82 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14.36% | 11.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.60 | ₹11.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.29% | 10.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fedbank Financial IPO Retail Individual Investors (RII) are offered 2,70,56,603 shares while in Muthoot Microfin 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 65,29,209 shares in Muthoot Microfin IPO.
| Fedbank Financial IPO | Muthoot Microfin IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,31,91,374 shares | 97,93,812 shares |
| Market Maker Reservation | ||
| QIB | 1,54,60,916 shares | 65,29,209 shares |
| NII | 1,15,95,687 shares | 48,96,907 shares |
| RII | 2,70,56,603 shares | 1,14,26,116 shares |
| Employee | 7,69,230 shares | 3,61,010 shares |
| Others | ||
| Total | 7,80,73,810 shares | 3,30,07,054 shares |
Fedbank Financial IPO subscribed 2.24x in total, whereas Muthoot Microfin IPO subscribed 12.30x.
| Fedbank Financial IPO | Muthoot Microfin IPO | |
|---|---|---|
| QIB (times) | 3.48x | 18.35x |
| NII (times) | 1.49x | 13.87x |
| Big NII (times) | 1.27x | 12.96x |
| Small NII (times) | 1.95x | 15.69x |
| RII (times) | 1.88x | 8.00x |
| Employee (times) | 1.34x | |
| Other (times) | ||
| Total (times) | 2.24x | 12.30x |
