Indigo Paints IPO vs Stove Kraft IPO

Comparison between Indigo Paints IPO and Stove Kraft IPO.

IPO Details

Indigo Paints IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indigo Paints IPO is up to ₹1,169.12 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.62 Cr. The final issue price of Indigo Paints IPO is ₹1,490.00 per share and of Stove Kraft IPO is ₹385.00 per share.

 Indigo Paints IPOStove Kraft IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,488.00 per share₹384.00 per share
Issue Price (Upper)₹1,490.00 per share₹385.00 per share
Issue Price (Final)₹1,490.00 per share₹385.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹148.00 per share
Market Lot Size10 shares38 shares
Fresh Issue Size20,13,422 shares24,67,532 shares
Fresh Issue Size (Amount)up to ₹299.73 Crup to ₹95.00 Cr
OFS Issue Size58,40,000 shares82,50,000 shares
OFS Issue Size (Amount)up to ₹869.39 Crup to ₹317.63 Cr
Issue Size Total78,53,422 shares1,07,17,532 shares
Issue Size Total (Amount)up to ₹1,169.12 Crup to ₹412.62 Cr

IPO Timetable

Indigo Paints IPO opens on Jan 20, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of Indigo Paints IPO and Stove Kraft IPO is Jan 22, 2021, and Jan 28, 2021, respectively.

 Indigo Paints IPOStove Kraft IPO
Anchor Bid DateJan 19, 2021Jan 22, 2021
Issue OpenJan 20, 2021Jan 25, 2021
Issue CloseJan 22, 2021Jan 28, 2021
Basis Of Allotment (Tentative)Jan 28, 2021Feb 02, 2021
Initiation of Refunds (Tentative)Jan 29, 2021Feb 03, 2021
Credit of Share (Tentative)Feb 01, 2021Feb 04, 2021
Listing date (Tentative)Feb 02, 2021Feb 05, 2021
Anchor Lockin End date 1Feb 27, 2021Mar 04, 2021
Anchor Lockin End date 2Apr 28, 2021May 03, 2021

Financials & KPIs

Indigo Paints IPO P/E ratio is , as compared to Stove Kraft IPO P/E ratio of .

 Indigo Paints IPOStove Kraft IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)60.0561.31
Promoter Shareholding (Post-Issue)5454.36
P/E Ratio
Market Cap₹7087.78 Cr.₹1253.10 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Indigo Paints IPO Retail Individual Investors (RII) are offered 27,24,198 shares while in Stove Kraft IPO retail investors are offered 27,24,198 shares. Qualified Institutional Buyers (QIB) are offered 15,56,690 shares in Indigo Paints IPO and 32,15,260 shares in Stove Kraft IPO.

 Indigo Paints IPOStove Kraft IPO
Anchor Investor Reservation23,35,020 shares48,22,890 shares
Market Maker Reservation
QIB15,56,690 shares32,15,260 shares
NII11,67,514 shares16,07,629 shares
RII27,24,198 shares10,71,753 shares
Employee70,000 shares
Others
Total78,53,422 shares1,07,17,532 shares

Bids Received (Subscription)

Indigo Paints IPO subscribed 117.02x in total, whereas Stove Kraft IPO subscribed 18.03x.

 Indigo Paints IPOStove Kraft IPO
QIB (times)189.57x8.02x
NII (times)263.05x32.72x
Big NII (times)
Small NII (times)
RII (times)15.93x26.04x
Employee (times)2.50x
Other (times)
Total (times)117.02x18.03x

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