Landmark Cars IPO vs Sula Vineyards IPO

Comparison between Landmark Cars IPO and Sula Vineyards IPO.

IPO Details

Landmark Cars 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.

Issue Size and Price

The total issue size of Landmark Cars IPO is up to ₹552.00 Cr whereas the issue size of the Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Landmark Cars IPO is ₹506.00 per share and of Sula Vineyards IPO is ₹357.00 per share.

 Landmark Cars IPOSula Vineyards IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)₹481.00 per share₹340.00 per share
Issue Price (Upper)₹506.00 per share₹357.00 per share
Issue Price (Final)₹506.00 per share₹357.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹48.00 per share
Market Lot Size29 shares42 shares
Fresh Issue Size29,66,498 shares0 shares
Fresh Issue Size (Amount)up to ₹150.08 Crup to ₹0.00 Cr
OFS Issue Size79,44,662 shares2,69,00,530 shares
OFS Issue Size (Amount)up to ₹401.92 Crup to ₹960.35 Cr
Issue Size Total1,09,11,160 shares2,69,00,530 shares
Issue Size Total (Amount)up to ₹552.00 Crup to ₹960.35 Cr

IPO Timetable

Landmark Cars IPO opens on Dec 13, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Landmark Cars IPO and Sula Vineyards IPO is Dec 15, 2022, and Dec 14, 2022, respectively.

 Landmark Cars IPOSula Vineyards IPO
Anchor Bid DateDec 12, 2022Dec 09, 2022
Issue OpenDec 13, 2022Dec 12, 2022
Issue CloseDec 15, 2022Dec 14, 2022
Basis Of Allotment (Tentative)Dec 20, 2022Dec 19, 2022
Initiation of Refunds (Tentative)Dec 21, 2022Dec 20, 2022
Credit of Share (Tentative)Dec 22, 2022Dec 21, 2022
Listing date (Tentative)Dec 23, 2022Dec 22, 2022
Anchor Lockin End date 1Jan 19, 2023Jan 18, 2023
Anchor Lockin End date 2Mar 20, 2023Mar 19, 2023

Financials & KPIs

Landmark Cars IPO P/E ratio is 27.61, as compared to Sula Vineyards IPO P/E ratio of 49.24.

 Landmark Cars IPOSula Vineyards IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets1,209.371,085.38887.90831.771,008.03
Total Income801.902,989.121,966.342,228.932,834.62
Profit After Tax18.1466.1811.15-28.94-24.43
NET Worth268.27246.94181.78169.13187.96
Reserves and Surplus0.000.000.000.00
Total Borrowing464.37308.49327.44357.91478.78
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202230 Sep 202131 Mar 202131 Mar 2020
Assets770.95758.56717.55751.60831.04
Total Income225.76456.70160.46421.53523.21
Profit After Tax30.5152.144.533.01-15.94
NET Worth449.19395.26344.32304.74299.95
Reserves and Surplus0.000.000.00
Total Borrowing214.64228.93262.45301.26368.24
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)60.2428.44
Promoter Shareholding (Post-Issue)44.6127.33
P/E Ratio27.6149.24
Market Cap₹2003.26 Cr.₹3005.90 Cr.
ROE26.6613.19
ROCE18.8620.86
Debt/Equity0.58
EPS₹17.88₹6.53
RoNW26.5211.45

Shares Offered

In the Landmark Cars IPO Retail Individual Investors (RII) are offered 38,11,265 shares while in Sula Vineyards IPO retail investors are offered 38,11,265 shares. Qualified Institutional Buyers (QIB) are offered 21,77,865 shares in Landmark Cars IPO and 53,80,106 shares in Sula Vineyards IPO.

 Landmark Cars IPOSula Vineyards IPO
Anchor Investor Reservation32,66,797 shares80,70,158 shares
Market Maker Reservation
QIB21,77,865 shares53,80,106 shares
NII16,33,399 shares40,35,080 shares
RII38,11,265 shares94,15,186 shares
Employee21,834 shares
Others
Total1,09,11,160 shares2,69,00,530 shares

Bids Received (Subscription)

Landmark Cars IPO subscribed 3.06x in total, whereas Sula Vineyards IPO subscribed 2.33x.

 Landmark Cars IPOSula Vineyards IPO
QIB (times)8.71x4.13x
NII (times)1.32x1.51x
Big NII (times)1.59x1.69x
Small NII (times)0.78x1.15x
RII (times)0.59x1.65x
Employee (times)2.93x
Other (times)
Total (times)3.06x2.33x

Compare with others

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Landmark Cars IPO Vs Sula Vineyards IPO