CreditAccess Grameen IPO vs TCNS Clothing IPO

Comparison between CreditAccess Grameen IPO and TCNS Clothing IPO.

IPO Details

CreditAccess Grameen IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TCNS Clothing IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of CreditAccess Grameen IPO is up to ₹1,131.19 Cr whereas the issue size of the TCNS Clothing IPO is up to ₹1,125.13 Cr. The final issue price of CreditAccess Grameen IPO is ₹422.00 per share and of TCNS Clothing IPO is ₹716.00 per share.

 CreditAccess Grameen IPOTCNS Clothing IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹418.00 per share₹714.00 per share
Issue Price (Upper)₹422.00 per share₹716.00 per share
Issue Price (Final)₹422.00 per share₹716.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size35 shares20 shares
Fresh Issue Size1,49,28,909 shares0 shares
Fresh Issue Size (Amount)up to ₹630.00 Crup to ₹0.00 Cr
OFS Issue Size1,18,76,485 shares1,57,14,038 shares
OFS Issue Size (Amount)up to ₹501.19 Crup to ₹1,125.13 Cr
Issue Size Total2,68,05,394 shares1,57,14,038 shares
Issue Size Total (Amount)up to ₹1,131.19 Crup to ₹1,125.13 Cr

IPO Timetable

CreditAccess Grameen IPO opens on Aug 08, 2018, while TCNS Clothing IPO opens on Jul 18, 2018. The closing date of CreditAccess Grameen IPO and TCNS Clothing IPO is Aug 10, 2018, and Jul 20, 2018, respectively.

 CreditAccess Grameen IPOTCNS Clothing IPO
Anchor Bid DateAug 07, 2018Jul 17, 2018
Issue OpenAug 08, 2018Jul 18, 2018
Issue CloseAug 10, 2018Jul 20, 2018
Basis Of Allotment (Tentative)Aug 16, 2018Jul 25, 2018
Initiation of Refunds (Tentative)Aug 20, 2018Jul 26, 2018
Credit of Share (Tentative)Aug 21, 2018Jul 27, 2018
Listing date (Tentative)Aug 23, 2018Jul 30, 2018
Anchor Lockin End date 1Sep 15, 2018Aug 24, 2018
Anchor Lockin End date 2Nov 14, 2018Oct 23, 2018

Financials & KPIs

CreditAccess Grameen IPO P/E ratio is , as compared to TCNS Clothing IPO P/E ratio of .

 CreditAccess Grameen IPOTCNS Clothing IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap₹6049.63 Cr.₹4390.38 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the CreditAccess Grameen IPO Retail Individual Investors (RII) are offered 93,81,888 shares while in TCNS Clothing IPO retail investors are offered 93,81,888 shares. Qualified Institutional Buyers (QIB) are offered 53,61,079 shares in CreditAccess Grameen IPO and 31,42,808 shares in TCNS Clothing IPO.

 CreditAccess Grameen IPOTCNS Clothing IPO
Anchor Investor Reservation80,41,617 shares47,14,210 shares
Market Maker Reservation
QIB53,61,079 shares31,42,808 shares
NII40,20,810 shares23,57,106 shares
RII93,81,888 shares54,99,914 shares
Employee
Others
Total2,68,05,394 shares1,57,14,038 shares

Bids Received (Subscription)

CreditAccess Grameen IPO subscribed 2.22x in total, whereas TCNS Clothing IPO subscribed 5.22x.

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CreditAccess Grameen IPO Vs TCNS Clothing IPO