IRFC IPO vs Stove Kraft IPO

Comparison between IRFC IPO and Stove Kraft IPO.

IPO Details

IRFC 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 IRFC IPO is up to ₹4,633.38 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.62 Cr. The final issue price of IRFC IPO is ₹26.00 per share and of Stove Kraft IPO is ₹385.00 per share.

 IRFC IPOStove Kraft IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹25.00 per share₹384.00 per share
Issue Price (Upper)₹26.00 per share₹385.00 per share
Issue Price (Final)₹26.00 per share₹385.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size575 shares38 shares
Fresh Issue Size1,18,80,46,000 shares24,67,532 shares
Fresh Issue Size (Amount)up to ₹3,088.92 Crup to ₹95.00 Cr
OFS Issue Size59,40,23,000 shares82,50,000 shares
OFS Issue Size (Amount)up to ₹1,544.46 Crup to ₹317.63 Cr
Issue Size Total1,78,20,69,000 shares1,07,17,532 shares
Issue Size Total (Amount)up to ₹4,633.38 Crup to ₹412.62 Cr

IPO Timetable

IRFC IPO opens on Jan 18, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of IRFC IPO and Stove Kraft IPO is Jan 20, 2021, and Jan 28, 2021, respectively.

 IRFC IPOStove Kraft IPO
Anchor Bid DateJan 15, 2021Jan 22, 2021
Issue OpenJan 18, 2021Jan 25, 2021
Issue CloseJan 20, 2021Jan 28, 2021
Basis Of Allotment (Tentative)Jan 25, 2021Feb 02, 2021
Initiation of Refunds (Tentative)Jan 27, 2021Feb 03, 2021
Credit of Share (Tentative)Jan 28, 2021Feb 04, 2021
Listing date (Tentative)Jan 29, 2021Feb 05, 2021
Anchor Lockin End date 1Feb 24, 2021Mar 04, 2021
Anchor Lockin End date 2Apr 25, 2021May 03, 2021

Financials & KPIs

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

 IRFC IPOStove Kraft IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10061.31
Promoter Shareholding (Post-Issue)8654.36
P/E Ratio
Market Cap₹33978.12 Cr.₹1253.10 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the IRFC IPO Retail Individual Investors (RII) are offered 62,36,56,843 shares while in Stove Kraft IPO retail investors are offered 62,36,56,843 shares. Qualified Institutional Buyers (QIB) are offered 35,63,75,339 shares in IRFC IPO and 32,15,260 shares in Stove Kraft IPO.

 IRFC IPOStove Kraft IPO
Anchor Investor Reservation53,45,63,007 shares48,22,890 shares
Market Maker Reservation
QIB35,63,75,339 shares32,15,260 shares
NII26,72,81,504 shares16,07,629 shares
RII62,36,56,843 shares10,71,753 shares
Employee1,92,307 shares
Others
Total1,78,20,69,000 shares1,07,17,532 shares

Bids Received (Subscription)

IRFC IPO subscribed 3.49x in total, whereas Stove Kraft IPO subscribed 18.03x.

 IRFC IPOStove Kraft IPO
QIB (times)3.78x8.02x
NII (times)2.67x32.72x
Big NII (times)
Small NII (times)
RII (times)3.66x26.04x
Employee (times)43.76x
Other (times)
Total (times)3.49x18.03x

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