Bharti Hexacom IPO vs Popular Vehicles IPO

Comparison between Bharti Hexacom IPO and Popular Vehicles IPO.

IPO Details

Bharti Hexacom IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Popular Vehicles IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the Popular Vehicles IPO is up to ₹601.55 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of Popular Vehicles IPO is ₹295.00 per share.

 Bharti Hexacom IPOPopular Vehicles IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)₹542.00 per share₹280.00 per share
Issue Price (Upper)₹570.00 per share₹295.00 per share
Issue Price (Final)₹570.00 per share₹295.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹28.00 per share
Market Lot Size26 shares50 shares
Fresh Issue Size0 shares84,76,753 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹250.04 Cr
OFS Issue Size7,50,00,000 shares1,19,17,075 shares
OFS Issue Size (Amount)up to ₹4,275.00 Crup to ₹351.52 Cr
Issue Size Total7,50,00,000 shares2,03,93,828 shares
Issue Size Total (Amount)up to ₹4,275.00 Crup to ₹601.55 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while Popular Vehicles IPO opens on Mar 12, 2024. The closing date of Bharti Hexacom IPO and Popular Vehicles IPO is Apr 05, 2024, and Mar 14, 2024, respectively.

 Bharti Hexacom IPOPopular Vehicles IPO
Anchor Bid DateApr 02, 2024Mar 11, 2024
Issue OpenApr 03, 2024Mar 12, 2024
Issue CloseApr 05, 2024Mar 14, 2024
Basis Of Allotment (Tentative)Apr 08, 2024Mar 15, 2024
Initiation of Refunds (Tentative)Apr 10, 2024Mar 18, 2024
Credit of Share (Tentative)Apr 10, 2024Mar 18, 2024
Listing date (Tentative)Apr 12, 2024Mar 19, 2024
Anchor Lockin End date 1May 08, 2024Apr 14, 2024
Anchor Lockin End date 2Jul 07, 2024Jun 13, 2024

Financials & KPIs

Bharti Hexacom IPO P/E ratio is 51.89, as compared to Popular Vehicles IPO P/E ratio of 28.88.

 Bharti Hexacom IPOPopular Vehicles IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Total Income5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
NET Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,941.781,503.781,263.291,118.94
Total Income2,848.214,892.633,484.202,919.25
Profit After Tax40.0464.0733.6732.46
NET Worth384.21343.04279.89246.00
Reserves and Surplus371.67330.50267.34233.46
Total Borrowing764.61505.01371.91353.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.0069.45
Promoter Shareholding (Post-Issue)70.0061.17
P/E Ratio51.8928.88
Market Cap₹28500.00 Cr.₹2100.28 Cr.
ROE10.42%
ROCE8.83%
Debt/Equity1.411.99
EPS₹10.98₹10.22
RoNW7.08%10.42%

Shares Offered

In the Bharti Hexacom IPO Retail Individual Investors (RII) are offered 75,00,000 shares while in Popular Vehicles IPO retail investors are offered 75,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 40,71,550 shares in Popular Vehicles IPO.

 Bharti Hexacom IPOPopular Vehicles IPO
Anchor Investor Reservation3,37,50,000 shares61,07,325 shares
Market Maker Reservation
QIB2,25,00,000 shares40,71,550 shares
NII1,12,50,000 shares30,53,663 shares
RII75,00,000 shares71,25,214 shares
Employee37,453 shares
Others
Total7,50,00,000 shares2,03,95,205 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas Popular Vehicles IPO subscribed 1.25x.

 Bharti Hexacom IPOPopular Vehicles IPO
QIB (times)48.57x1.92x
NII (times)10.52x0.67x
Big NII (times)12.27x0.67x
Small NII (times)7.00x0.68x
RII (times)2.83x1.07x
Employee (times)8.04x
Other (times)
Total (times)29.88x1.25x

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Bharti Hexacom IPO Vs Popular Vehicles IPO