Bajaj Housing Finance IPO vs Orient Technologies IPO

Comparison between Bajaj Housing Finance IPO and Orient Technologies IPO.

IPO Details

Bajaj Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orient Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Orient Technologies IPO is ₹206.00 per share.

 Bajaj Housing Finance IPOOrient Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹66.00 per share₹195.00 per share
Issue Price (Upper)₹70.00 per share₹206.00 per share
Issue Price (Final)₹70.00 per share₹206.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size214 shares72 shares
Fresh Issue Size50,85,71,428 shares58,25,242 shares
Fresh Issue Size (Amount)up to ₹3,560.00 Crup to ₹120.00 Cr
OFS Issue Size42,85,71,428 shares46,00,000 shares
OFS Issue Size (Amount)up to ₹3,000.00 Crup to ₹94.76 Cr
Issue Size Total93,71,42,856 shares1,04,25,242 shares
Issue Size Total (Amount)up to ₹6,560.00 Crup to ₹214.76 Cr

IPO Timetable

Bajaj Housing Finance IPO opens on Sep 09, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of Bajaj Housing Finance IPO and Orient Technologies IPO is Sep 11, 2024, and Aug 23, 2024, respectively.

 Bajaj Housing Finance IPOOrient Technologies IPO
Anchor Bid DateSep 06, 2024Aug 20, 2024
Issue OpenSep 09, 2024Aug 21, 2024
Issue CloseSep 11, 2024Aug 23, 2024
Basis Of Allotment (Tentative)Sep 12, 2024Aug 26, 2024
Initiation of Refunds (Tentative)Sep 13, 2024Aug 27, 2024
Credit of Share (Tentative)Sep 13, 2024Aug 27, 2024
Listing date (Tentative)Sep 16, 2024Aug 28, 2024
Anchor Lockin End date 1Oct 12, 2024Sep 24, 2024
Anchor Lockin End date 2Dec 11, 2024Nov 23, 2024

Financials & KPIs

Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Orient Technologies IPO P/E ratio of 17.8.

 Bajaj Housing Finance IPOOrient Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets88,538.8381,827.0964,654.1448,527.08
Total Income2,208.737,617.715,665.443,767.13
Profit After Tax482.611,731.221,257.80709.62
NET Worth14,719.9112,233.5010,503.196,741.36
Reserves and Surplus4,252.835,520.813,791.031,858.03
Total Borrowing73,347.0669,129.3253,745.3941,492.32
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets311.14215.25176.32112.45
Total Income606.86542.01469.12248.96
Profit After Tax41.4538.3033.490.13
NET Worth175.31128.8294.1161.29
Reserves and Surplus138.79111.3276.6144.79
Total Borrowing4.8212.862.289.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10097.96
Promoter Shareholding (Post-Issue)88.7573.21
P/E Ratio31.6217.8
Market Cap₹58297.03 Cr.₹857.82 Cr.
ROE27.26
ROCE28.42
Debt/Equity5.70
EPS₹2.21₹11.57
RoNW3.6%23.64

Shares Offered

In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Orient Technologies IPO retail investors are offered 29,30,00,000 shares. Qualified Institutional Buyers (QIB) are offered 16,74,28,572 shares in Bajaj Housing Finance IPO and 20,85,048 shares in Orient Technologies IPO.

 Bajaj Housing Finance IPOOrient Technologies IPO
Anchor Investor Reservation25,11,42,856 shares31,27,572 shares
Market Maker Reservation0 shares
QIB16,74,28,572 shares20,85,048 shares
NII12,55,71,429 shares15,63,787 shares
RII29,30,00,000 shares36,48,835 shares
Employee2,85,71,428 shares
Others
Total93,71,42,856 shares1,04,25,242 shares

Bids Received (Subscription)

Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Orient Technologies IPO subscribed 154.84x.

 Bajaj Housing Finance IPOOrient Technologies IPO
QIB (times)222.05x188.79x
NII (times)43.98x310.03x
Big NII (times)50.53x343.45x
Small NII (times)30.88x243.20x
RII (times)7.41x68.93x
Employee (times)2.13x
Other (times)18.54x
Total (times)67.43x154.84x

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Bajaj Housing Finance IPO Vs Orient Technologies IPO