Comparison between Archean Chemical Industries IPO and Sula Vineyards IPO.
Archean Chemical Industries 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 Archean Chemical Industries IPO is up to ₹1,462.30 Cr whereas the issue size of the Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Archean Chemical Industries IPO is ₹407.00 per share and of Sula Vineyards IPO is ₹357.00 per share.
| Archean Chemical Industries IPO | Sula Vineyards IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹386.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹407.00 per share | ₹357.00 per share |
| Issue Price (Final) | ₹407.00 per share | ₹357.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 36 shares | 42 shares |
| Fresh Issue Size | 1,97,78,869 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹805.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,61,50,000 shares | 2,69,00,530 shares |
| OFS Issue Size (Amount) | up to ₹657.31 Cr | up to ₹960.35 Cr |
| Issue Size Total | 3,59,28,869 shares | 2,69,00,530 shares |
| Issue Size Total (Amount) | up to ₹1,462.30 Cr | up to ₹960.35 Cr |
Archean Chemical Industries IPO opens on Nov 09, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Archean Chemical Industries IPO and Sula Vineyards IPO is Nov 11, 2022, and Dec 14, 2022, respectively.
| Archean Chemical Industries IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Bid Date | Nov 07, 2022 | Dec 09, 2022 |
| Issue Open | Nov 09, 2022 | Dec 12, 2022 |
| Issue Close | Nov 11, 2022 | Dec 14, 2022 |
| Basis Of Allotment (Tentative) | Nov 16, 2022 | Dec 19, 2022 |
| Initiation of Refunds (Tentative) | Nov 17, 2022 | Dec 20, 2022 |
| Credit of Share (Tentative) | Nov 18, 2022 | Dec 21, 2022 |
| Listing date (Tentative) | Nov 21, 2022 | Dec 22, 2022 |
| Anchor Lockin End date 1 | Dec 16, 2022 | Jan 18, 2023 |
| Anchor Lockin End date 2 | Feb 14, 2023 | Mar 19, 2023 |
Archean Chemical Industries IPO P/E ratio is 16.78, as compared to Sula Vineyards IPO P/E ratio of 49.24.
| Archean Chemical Industries IPO | Sula Vineyards IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 65.58 | 28.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.41 | 27.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.78 | 49.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5665.56 Cr. | ₹3005.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 113.11 | 13.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.62 | 20.86 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.53 | 0.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.26 | ₹6.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 72.24 | 11.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Archean Chemical Industries IPO Retail Individual Investors (RII) are offered 35,92,886 shares while in Sula Vineyards IPO retail investors are offered 35,92,886 shares. Qualified Institutional Buyers (QIB) are offered 1,07,78,662 shares in Archean Chemical Industries IPO and 53,80,106 shares in Sula Vineyards IPO.
| Archean Chemical Industries IPO | Sula Vineyards IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,61,67,991 shares | 80,70,158 shares |
| Market Maker Reservation | ||
| QIB | 1,07,78,662 shares | 53,80,106 shares |
| NII | 53,89,330 shares | 40,35,080 shares |
| RII | 35,92,886 shares | 94,15,186 shares |
| Employee | ||
| Others | ||
| Total | 3,59,28,869 shares | 2,69,00,530 shares |
Archean Chemical Industries IPO subscribed 32.23x in total, whereas Sula Vineyards IPO subscribed 2.33x.
| Archean Chemical Industries IPO | Sula Vineyards IPO | |
|---|---|---|
| QIB (times) | 48.91x | 4.13x |
| NII (times) | 14.90x | 1.51x |
| Big NII (times) | 16.90x | 1.69x |
| Small NII (times) | 10.92x | 1.15x |
| RII (times) | 9.96x | 1.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 32.23x | 2.33x |
