Comparison between Muthoot Microfin IPO and Suraj Estate Developers IPO.
Muthoot Microfin IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraj Estate Developers IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Muthoot Microfin IPO is up to ₹960.00 Cr whereas the issue size of the Suraj Estate Developers IPO is up to ₹400.00 Cr. The final issue price of Muthoot Microfin IPO is ₹291.00 per share and of Suraj Estate Developers IPO is ₹360.00 per share.
| Muthoot Microfin IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹277.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹291.00 per share | ₹360.00 per share |
| Issue Price (Final) | ₹291.00 per share | ₹360.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹14.00 per share | |
| Market Lot Size | 51 shares | 41 shares |
| Fresh Issue Size | 2,61,34,205 shares | 1,11,11,111 shares |
| Fresh Issue Size (Amount) | up to ₹760.11 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 68,72,849 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹199.89 Cr | up to ₹0.00 Cr |
| Issue Size Total | 3,30,07,054 shares | 1,11,11,111 shares |
| Issue Size Total (Amount) | up to ₹960.00 Cr | up to ₹400.00 Cr |
Muthoot Microfin IPO opens on Dec 18, 2023, while Suraj Estate Developers IPO opens on Dec 18, 2023. The closing date of Muthoot Microfin IPO and Suraj Estate Developers IPO is Dec 20, 2023, and Dec 20, 2023, respectively.
| Muthoot Microfin IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Bid Date | Dec 15, 2023 | Dec 15, 2023 |
| Issue Open | Dec 18, 2023 | Dec 18, 2023 |
| Issue Close | Dec 20, 2023 | Dec 20, 2023 |
| Basis Of Allotment (Tentative) | Dec 21, 2023 | Dec 21, 2023 |
| Initiation of Refunds (Tentative) | Dec 22, 2023 | Dec 22, 2023 |
| Credit of Share (Tentative) | Dec 22, 2023 | Dec 22, 2023 |
| Listing date (Tentative) | Dec 26, 2023 | Dec 26, 2023 |
| Anchor Lockin End date 1 | Jan 20, 2024 | Jan 20, 2024 |
| Anchor Lockin End date 2 | Mar 20, 2024 | Mar 20, 2024 |
Muthoot Microfin IPO P/E ratio is 24.96, as compared to Suraj Estate Developers IPO P/E ratio of 35.64.
| Muthoot Microfin IPO | Suraj Estate Developers IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 69.08 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.47 | 74.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.96 | 35.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4960.82 Cr. | ₹1597.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 11.06% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.93% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.99 | 8.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.98 | ₹10.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 10.08% | 58.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Muthoot Microfin IPO Retail Individual Investors (RII) are offered 1,14,26,116 shares while in Suraj Estate Developers IPO retail investors are offered 1,14,26,116 shares. Qualified Institutional Buyers (QIB) are offered 65,29,209 shares in Muthoot Microfin IPO and 22,22,222 shares in Suraj Estate Developers IPO.
| Muthoot Microfin IPO | Suraj Estate Developers IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,93,812 shares | 33,33,333 shares |
| Market Maker Reservation | ||
| QIB | 65,29,209 shares | 22,22,222 shares |
| NII | 48,96,907 shares | 16,66,667 shares |
| RII | 1,14,26,116 shares | 38,88,889 shares |
| Employee | 3,61,010 shares | |
| Others | ||
| Total | 3,30,07,054 shares | 1,11,11,111 shares |
Muthoot Microfin IPO subscribed 12.30x in total, whereas Suraj Estate Developers IPO subscribed 16.57x.
| Muthoot Microfin IPO | Suraj Estate Developers IPO | |
|---|---|---|
| QIB (times) | 18.35x | 25.74x |
| NII (times) | 13.87x | 20.02x |
| Big NII (times) | 12.96x | 18.37x |
| Small NII (times) | 15.69x | 23.31x |
| RII (times) | 8.00x | 9.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 12.30x | 16.57x |
