Comparison between Bajaj Housing Finance IPO and Tolins Tyres IPO.
Bajaj Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tolins Tyres IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Tolins Tyres IPO is up to ₹230.00 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Tolins Tyres IPO is ₹226.00 per share.
| Bajaj Housing Finance IPO | Tolins Tyres IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹226.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹226.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 214 shares | 66 shares |
| Fresh Issue Size | 50,85,71,428 shares | 88,49,559 shares |
| Fresh Issue Size (Amount) | up to ₹3,560.00 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 42,85,71,428 shares | 13,27,432 shares |
| OFS Issue Size (Amount) | up to ₹3,000.00 Cr | up to ₹30.00 Cr |
| Issue Size Total | 93,71,42,856 shares | 1,01,76,991 shares |
| Issue Size Total (Amount) | up to ₹6,560.00 Cr | up to ₹230.00 Cr |
Bajaj Housing Finance IPO opens on Sep 09, 2024, while Tolins Tyres IPO opens on Sep 09, 2024. The closing date of Bajaj Housing Finance IPO and Tolins Tyres IPO is Sep 11, 2024, and Sep 11, 2024, respectively.
| Bajaj Housing Finance IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Bid Date | Sep 06, 2024 | Sep 06, 2024 |
| Issue Open | Sep 09, 2024 | Sep 09, 2024 |
| Issue Close | Sep 11, 2024 | Sep 11, 2024 |
| Basis Of Allotment (Tentative) | Sep 12, 2024 | Sep 12, 2024 |
| Initiation of Refunds (Tentative) | Sep 13, 2024 | Sep 13, 2024 |
| Credit of Share (Tentative) | Sep 13, 2024 | Sep 13, 2024 |
| Listing date (Tentative) | Sep 16, 2024 | Sep 16, 2024 |
| Anchor Lockin End date 1 | Oct 12, 2024 | Oct 12, 2024 |
| Anchor Lockin End date 2 | Dec 11, 2024 | Dec 12, 2024 |
Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Tolins Tyres IPO P/E ratio of 26.64.
| Bajaj Housing Finance IPO | Tolins Tyres IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 92.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 88.75 | 68.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 31.62 | 26.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹58297.03 Cr. | ₹892.90 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.87% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.08% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 5.70 | 0.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.21 | ₹8.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 3.6% | 25.87% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bajaj Housing Finance IPO Retail Individual Investors (RII) are offered 29,30,00,000 shares while in Tolins Tyres IPO retail investors are offered 29,30,00,000 shares. Qualified Institutional Buyers (QIB) are offered 16,74,28,572 shares in Bajaj Housing Finance IPO and 20,35,398 shares in Tolins Tyres IPO.
| Bajaj Housing Finance IPO | Tolins Tyres IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,11,42,856 shares | 30,53,097 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,74,28,572 shares | 20,35,398 shares |
| NII | 12,55,71,429 shares | 15,26,549 shares |
| RII | 29,30,00,000 shares | 35,61,947 shares |
| Employee | 2,85,71,428 shares | |
| Others | ||
| Total | 93,71,42,856 shares | 1,01,76,991 shares |
Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Tolins Tyres IPO subscribed 25.03x.
| Bajaj Housing Finance IPO | Tolins Tyres IPO | |
|---|---|---|
| QIB (times) | 222.05x | 26.72x |
| NII (times) | 43.98x | 28.80x |
| Big NII (times) | 50.53x | 26.39x |
| Small NII (times) | 30.88x | 33.63x |
| RII (times) | 7.41x | 22.45x |
| Employee (times) | 2.13x | |
| Other (times) | 18.54x | |
| Total (times) | 67.43x | 25.03x |