Comparison between Bajaj Housing Finance IPO and Orient Technologies IPO.
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.
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 IPO | Orient 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 Size | 214 shares | 72 shares |
| Fresh Issue Size | 50,85,71,428 shares | 58,25,242 shares |
| Fresh Issue Size (Amount) | up to ₹3,560.00 Cr | up to ₹120.00 Cr |
| OFS Issue Size | 42,85,71,428 shares | 46,00,000 shares |
| OFS Issue Size (Amount) | up to ₹3,000.00 Cr | up to ₹94.76 Cr |
| Issue Size Total | 93,71,42,856 shares | 1,04,25,242 shares |
| Issue Size Total (Amount) | up to ₹6,560.00 Cr | up to ₹214.76 Cr |
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 IPO | Orient Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Aug 20, 2024 |
| Issue Open | Sep 09, 2024 | Aug 21, 2024 |
| Issue Close | Sep 11, 2024 | Aug 23, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Aug 26, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Aug 27, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Aug 27, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Aug 28, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Sep 24, 2024 |
| Anchor Lockin End date 2 | Dec 11, 2024 | Nov 23, 2024 |
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 IPO | Orient Technologies IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 97.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 88.75 | 73.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.62 | 17.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58297.03 Cr. | ₹857.82 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 28.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.21 | ₹11.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.6% | 23.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Orient Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,11,42,856 shares | 31,27,572 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,74,28,572 shares | 20,85,048 shares |
| NII | 12,55,71,429 shares | 15,63,787 shares |
| RII | 29,30,00,000 shares | 36,48,835 shares |
| Employee | 2,85,71,428 shares | |
| Others | ||
| Total | 93,71,42,856 shares | 1,04,25,242 shares |
Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Orient Technologies IPO subscribed 154.84x.
| Bajaj Housing Finance IPO | Orient Technologies IPO | |
|---|---|---|
| QIB (times) | 222.05x | 188.79x |
| NII (times) | 43.98x | 310.03x |
| Big NII (times) | 50.53x | 343.45x |
| Small NII (times) | 30.88x | 243.20x |
| RII (times) | 7.41x | 68.93x |
| Employee (times) | 2.13x | |
| Other (times) | 18.54x | |
| Total (times) | 67.43x | 154.84x |