India Shelter Finance IPO vs TVS Supply Chain Solutions IPO

Comparison between India Shelter Finance IPO and TVS Supply Chain Solutions IPO.

IPO Details

India Shelter Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

 India Shelter Finance IPOTVS Supply Chain Solutions IPO
Face Value₹5 per share₹1 per share
Issue Price (Lower)₹469.00 per share₹187.00 per share
Issue Price (Upper)₹493.00 per share₹197.00 per share
Issue Price (Final)₹493.00 per share₹197.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size30 shares76 shares
Fresh Issue Size1,62,27,180 shares3,04,56,852 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹600.00 Cr
OFS Issue Size81,13,588 shares1,42,13,198 shares
OFS Issue Size (Amount)up to ₹400.00 Crup to ₹280.00 Cr
Issue Size Total2,43,40,768 shares4,46,70,050 shares
Issue Size Total (Amount)up to ₹1,200.00 Crup to ₹880.00 Cr

IPO Timetable

India Shelter Finance IPO opens on Dec 13, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of India Shelter Finance IPO and TVS Supply Chain Solutions IPO is Dec 15, 2023, and Aug 14, 2023, respectively.

 India Shelter Finance IPOTVS Supply Chain Solutions IPO
Anchor Bid DateDec 12, 2023Aug 09, 2023
Issue OpenDec 13, 2023Aug 10, 2023
Issue CloseDec 15, 2023Aug 14, 2023
Basis Of Allotment (Tentative)Dec 18, 2023Aug 18, 2023
Initiation of Refunds (Tentative)Dec 19, 2023Aug 21, 2023
Credit of Share (Tentative)Dec 19, 2023Aug 22, 2023
Listing date (Tentative)Dec 20, 2023Aug 23, 2023
Anchor Lockin End date 1Jan 17, 2024Sep 17, 2023
Anchor Lockin End date 2Mar 17, 2024Nov 16, 2023

Financials & KPIs

India Shelter Finance IPO P/E ratio is 28.22, as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

 India Shelter Finance IPOTVS Supply Chain Solutions IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets4,758.684,295.593,221.222,462.64
Total Income398.58606.23459.81322.80
Profit After Tax107.35155.34128.4587.39
NET Worth1,374.971,240.531,076.13937.27
Reserves and Surplus1,335.361,197.981,033.02894.20
Total Borrowing3,272.482,973.432,059.401,480.72
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets6,210.925,789.734,990.065,462.92
Total Income10,311.019,299.946,999.696,792.76
Profit After Tax41.76-45.80-76.34-248.00
NET Worth723.55714.00490.69510.80
Reserves and Surplus774.19713.76473.94493.35
Total Borrowing1,989.621,763.781,547.922,160.12
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)56.7546.65
Promoter Shareholding (Post-Issue)48.1741.6
P/E Ratio28.22189.42
Market Cap₹5277.62 Cr.₹8746.00 Cr.
ROE13.4%5.50%
ROCE7.64%
Debt/Equity2.12
EPS₹17.47₹1.04
RoNW13.4%5.50%

Shares Offered

In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in TVS Supply Chain Solutions IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

 India Shelter Finance IPOTVS Supply Chain Solutions IPO
Anchor Investor Reservation73,02,229 shares2,01,01,522 shares
Market Maker Reservation
QIB48,68,154 shares1,34,01,016 shares
NII36,51,116 shares67,00,507 shares
RII85,19,269 shares44,67,005 shares
Employee
Others
Total2,43,40,768 shares4,46,70,050 shares

Bids Received (Subscription)

India Shelter Finance IPO subscribed 38.59x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

 India Shelter Finance IPOTVS Supply Chain Solutions IPO
QIB (times)94.29x1.37x
NII (times)29.97x2.44x
Big NII (times)29.77x2.39x
Small NII (times)30.37x2.55x
RII (times)10.46x7.89x
Employee (times)
Other (times)
Total (times)38.59x2.85x

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