Comparison between Indegene IPO and Popular Vehicles IPO.
Indegene 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.
The total issue size of Indegene IPO is up to ₹1,841.76 Cr whereas the issue size of the Popular Vehicles IPO is up to ₹601.55 Cr. The final issue price of Indegene IPO is ₹452.00 per share and of Popular Vehicles IPO is ₹295.00 per share.
| Indegene IPO | Popular Vehicles IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹430.00 per share | ₹280.00 per share |
| Issue Price (Upper) | ₹452.00 per share | ₹295.00 per share |
| Issue Price (Final) | ₹452.00 per share | ₹295.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹30.00 per share | ₹28.00 per share |
| Market Lot Size | 33 shares | 50 shares |
| Fresh Issue Size | 1,68,33,818 shares | 84,76,753 shares |
| Fresh Issue Size (Amount) | up to ₹760.52 Cr | up to ₹250.04 Cr |
| OFS Issue Size | 2,39,32,732 shares | 1,19,17,075 shares |
| OFS Issue Size (Amount) | up to ₹1,081.24 Cr | up to ₹351.52 Cr |
| Issue Size Total | 4,07,66,550 shares | 2,03,93,828 shares |
| Issue Size Total (Amount) | up to ₹1,841.76 Cr | up to ₹601.55 Cr |
Indegene IPO opens on May 06, 2024, while Popular Vehicles IPO opens on Mar 12, 2024. The closing date of Indegene IPO and Popular Vehicles IPO is May 08, 2024, and Mar 14, 2024, respectively.
| Indegene IPO | Popular Vehicles IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2024 | Mar 11, 2024 |
| Issue Open | May 06, 2024 | Mar 12, 2024 |
| Issue Close | May 08, 2024 | Mar 14, 2024 |
| Basis Of Allotment (Tentative) | May 09, 2024 | Mar 15, 2024 |
| Initiation of Refunds (Tentative) | May 10, 2024 | Mar 18, 2024 |
| Credit of Share (Tentative) | May 10, 2024 | Mar 18, 2024 |
| Listing date (Tentative) | May 13, 2024 | Mar 19, 2024 |
| Anchor Lockin End date 1 | Jun 08, 2024 | Apr 14, 2024 |
| Anchor Lockin End date 2 | Aug 07, 2024 | Jun 13, 2024 |
Indegene IPO P/E ratio is 37.78, as compared to Popular Vehicles IPO P/E ratio of 28.88.
| Indegene IPO | Popular Vehicles IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 30.71 | 69.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 37.78 | 28.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹10814.07 Cr. | ₹2100.28 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 10.42% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8.83% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | 1.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.96 | ₹10.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 18.23% | 10.42% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indegene IPO Retail Individual Investors (RII) are offered 1,41,64,620 shares while in Popular Vehicles IPO retail investors are offered 1,41,64,620 shares. Qualified Institutional Buyers (QIB) are offered 80,94,068 shares in Indegene IPO and 40,71,550 shares in Popular Vehicles IPO.
| Indegene IPO | Popular Vehicles IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,21,41,102 shares | 61,07,325 shares |
| Market Maker Reservation | ||
| QIB | 80,94,068 shares | 40,71,550 shares |
| NII | 60,70,552 shares | 30,53,663 shares |
| RII | 1,41,64,620 shares | 71,25,214 shares |
| Employee | 2,96,208 shares | 37,453 shares |
| Others | ||
| Total | 4,07,66,550 shares | 2,03,95,205 shares |
Indegene IPO subscribed 70.30x in total, whereas Popular Vehicles IPO subscribed 1.25x.
| Indegene IPO | Popular Vehicles IPO | |
|---|---|---|
| QIB (times) | 192.72x | 1.92x |
| NII (times) | 55.91x | 0.67x |
| Big NII (times) | 62.23x | 0.67x |
| Small NII (times) | 43.26x | 0.68x |
| RII (times) | 7.86x | 1.07x |
| Employee (times) | 6.62x | 8.04x |
| Other (times) | ||
| Total (times) | 70.30x | 1.25x |
