Comparison between Flair Writing Industries IPO and Muthoot Microfin IPO.
Flair Writing Industries 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 Flair Writing Industries IPO is up to ₹593.00 Cr whereas the issue size of the Muthoot Microfin IPO is up to ₹960.00 Cr. The final issue price of Flair Writing Industries IPO is ₹304.00 per share and of Muthoot Microfin IPO is ₹291.00 per share.
| Flair Writing Industries IPO | Muthoot Microfin IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹288.00 per share | ₹277.00 per share |
| Issue Price (Upper) | ₹304.00 per share | ₹291.00 per share |
| Issue Price (Final) | ₹304.00 per share | ₹291.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹14.00 per share | |
| Market Lot Size | 49 shares | 51 shares |
| Fresh Issue Size | 96,05,263 shares | 2,61,34,205 shares |
| Fresh Issue Size (Amount) | up to ₹292.00 Cr | up to ₹760.11 Cr |
| OFS Issue Size | 99,01,315 shares | 68,72,849 shares |
| OFS Issue Size (Amount) | up to ₹301.00 Cr | up to ₹199.89 Cr |
| Issue Size Total | 1,95,06,578 shares | 3,30,07,054 shares |
| Issue Size Total (Amount) | up to ₹593.00 Cr | up to ₹960.00 Cr |
Flair Writing Industries IPO opens on Nov 22, 2023, while Muthoot Microfin IPO opens on Dec 18, 2023. The closing date of Flair Writing Industries IPO and Muthoot Microfin IPO is Nov 24, 2023, and Dec 20, 2023, respectively.
| Flair Writing Industries 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 29, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Nov 30, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Nov 30, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 01, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Dec 29, 2023 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Feb 27, 2024 | Mar 20, 2024 |
Flair Writing Industries IPO P/E ratio is 23.36, as compared to Muthoot Microfin IPO P/E ratio of 24.96.
| Flair Writing Industries IPO | Muthoot Microfin IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.49 | 69.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 79.21 | 55.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 23.36 | 24.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3204.00 Cr. | ₹4960.82 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.17% | 11.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 31.24% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.26 | 3.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.33 | ₹11.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 31.17% | 10.08% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Flair Writing Industries IPO Retail Individual Investors (RII) are offered 68,27,303 shares while in Muthoot Microfin IPO retail investors are offered 68,27,303 shares. Qualified Institutional Buyers (QIB) are offered 39,01,316 shares in Flair Writing Industries IPO and 65,29,209 shares in Muthoot Microfin IPO.
| Flair Writing Industries IPO | Muthoot Microfin IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,51,972 shares | 97,93,812 shares |
| Market Maker Reservation | ||
| QIB | 39,01,316 shares | 65,29,209 shares |
| NII | 29,25,987 shares | 48,96,907 shares |
| RII | 68,27,303 shares | 1,14,26,116 shares |
| Employee | 3,61,010 shares | |
| Others | ||
| Total | 1,95,06,578 shares | 3,30,07,054 shares |
Flair Writing Industries IPO subscribed 49.28x in total, whereas Muthoot Microfin IPO subscribed 12.30x.
| Flair Writing Industries IPO | Muthoot Microfin IPO | |
|---|---|---|
| QIB (times) | 122.02x | 18.35x |
| NII (times) | 35.23x | 13.87x |
| Big NII (times) | 36.53x | 12.96x |
| Small NII (times) | 32.61x | 15.69x |
| RII (times) | 13.73x | 8.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 49.28x | 12.30x |
