Comparison between Abans Holdings IPO and Sula Vineyards IPO.
Abans Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sula Vineyards IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Sula Vineyards IPO is ₹357.00 per share.
| Abans Holdings IPO | Sula Vineyards IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹256.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹270.00 per share | ₹357.00 per share |
| Issue Price (Final) | ₹270.00 per share | ₹357.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 55 shares | 42 shares |
| Fresh Issue Size | 38,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹102.60 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 90,00,000 shares | 2,69,00,530 shares |
| OFS Issue Size (Amount) | up to ₹243.00 Cr | up to ₹960.35 Cr |
| Issue Size Total | 1,28,00,000 shares | 2,69,00,530 shares |
| Issue Size Total (Amount) | up to ₹345.60 Cr | up to ₹960.35 Cr |
Abans Holdings IPO opens on Dec 12, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Abans Holdings IPO and Sula Vineyards IPO is Dec 15, 2022, and Dec 14, 2022, respectively.
| Abans Holdings IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Bid Date | Dec 09, 2022 | |
| Issue Open | Dec 12, 2022 | Dec 12, 2022 |
| Issue Close | Dec 15, 2022 | Dec 14, 2022 |
| Basis Of Allotment (Tentative) | Dec 20, 2022 | Dec 19, 2022 |
| Initiation of Refunds (Tentative) | Dec 21, 2022 | Dec 20, 2022 |
| Credit of Share (Tentative) | Dec 22, 2022 | Dec 21, 2022 |
| Listing date (Tentative) | Dec 23, 2022 | Dec 22, 2022 |
| Anchor Lockin End date 1 | Jan 18, 2023 | |
| Anchor Lockin End date 2 | Mar 19, 2023 |
Abans Holdings IPO P/E ratio is 18.96, as compared to Sula Vineyards IPO P/E ratio of 49.24.
| Abans Holdings IPO | Sula Vineyards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.42 | 28.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.09 | 27.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.96 | 49.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1353.94 Cr. | ₹3005.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9 | 13.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 11 | 20.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.37 | ₹6.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.01 | 11.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Abans Holdings IPO Retail Individual Investors (RII) are offered 76,80,000 shares while in Sula Vineyards IPO retail investors are offered 76,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 53,80,106 shares in Sula Vineyards IPO.
| Abans Holdings IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Investor Reservation | 80,70,158 shares | |
| Market Maker Reservation | ||
| QIB | 12,80,000 shares | 53,80,106 shares |
| NII | 38,40,000 shares | 40,35,080 shares |
| RII | 76,80,000 shares | 94,15,186 shares |
| Employee | ||
| Others | ||
| Total | 1,28,00,000 shares | 2,69,00,530 shares |
Abans Holdings IPO subscribed 1.10x in total, whereas Sula Vineyards IPO subscribed 2.33x.
| Abans Holdings IPO | Sula Vineyards IPO | |
|---|---|---|
| QIB (times) | 4.10x | 4.13x |
| NII (times) | 1.48x | 1.51x |
| Big NII (times) | 2.15x | 1.69x |
| Small NII (times) | 0.13x | 1.15x |
| RII (times) | 0.40x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.10x | 2.33x |
