Bharti Hexacom IPO vs Vodafone Idea FPO

Comparison between Bharti Hexacom IPO and Vodafone Idea FPO.

IPO Details

Bharti Hexacom IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vodafone Idea FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the Vodafone Idea FPO is up to ₹18,000.00 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of Vodafone Idea FPO is ₹11.00 per share.

 Bharti Hexacom IPOVodafone Idea FPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹542.00 per share₹10.00 per share
Issue Price (Upper)₹570.00 per share₹11.00 per share
Issue Price (Final)₹570.00 per share₹11.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size26 shares1298 shares
Fresh Issue Size0 shares16,36,36,36,363 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹18,000.00 Cr
OFS Issue Size7,50,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹4,275.00 Crup to ₹0.00 Cr
Issue Size Total7,50,00,000 shares16,36,36,36,363 shares
Issue Size Total (Amount)up to ₹4,275.00 Crup to ₹18,000.00 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while Vodafone Idea FPO opens on Apr 18, 2024. The closing date of Bharti Hexacom IPO and Vodafone Idea FPO is Apr 05, 2024, and Apr 22, 2024, respectively.

 Bharti Hexacom IPOVodafone Idea FPO
Anchor Bid DateApr 02, 2024Apr 16, 2024
Issue OpenApr 03, 2024Apr 18, 2024
Issue CloseApr 05, 2024Apr 22, 2024
Basis Of Allotment (Tentative)Apr 08, 2024Apr 23, 2024
Initiation of Refunds (Tentative)Apr 10, 2024Apr 24, 2024
Credit of Share (Tentative)Apr 10, 2024Apr 24, 2024
Listing date (Tentative)Apr 12, 2024Apr 25, 2024
Anchor Lockin End date 1May 08, 2024May 23, 2024
Anchor Lockin End date 2Jul 07, 2024Jul 22, 2024

Financials & KPIs

Bharti Hexacom IPO P/E ratio is 51.89, as compared to Vodafone Idea FPO P/E ratio of -1.88.

 Bharti Hexacom IPOVodafone Idea FPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Total Income5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
NET Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,90,801.802,07,242.701,94,029.102,03,480.60
Total Income32,125.6042,488.5038,644.9042,126.40
Profit After Tax-23,563.80-29,301.10-28,245.40-44,233.10
NET Worth-97,931.90-74,359.10-61,964.80-38,228.00
Reserves and Surplus-1,46,611.60-1,23,038.80-94,083.60
Total Borrowing2,03,425.702,01,586.001,90,917.701,80,310.30
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.0048.75
Promoter Shareholding (Post-Issue)70.0036.87
P/E Ratio51.89-1.88
Market Cap₹28500.00 Cr.₹73131.80 Cr.
ROE
ROCE
Debt/Equity1.41
EPS₹10.98₹-5.85
RoNW7.08%

Shares Offered

In the Bharti Hexacom IPO Retail Individual Investors (RII) are offered 75,00,000 shares while in Vodafone Idea FPO retail investors are offered 75,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 3,27,27,27,272 shares in Vodafone Idea FPO.

 Bharti Hexacom IPOVodafone Idea FPO
Anchor Investor Reservation3,37,50,000 shares4,90,90,90,908 shares
Market Maker Reservation
QIB2,25,00,000 shares3,27,27,27,272 shares
NII1,12,50,000 shares2,45,45,45,455 shares
RII75,00,000 shares5,72,72,72,728 shares
Employee
Others
Total7,50,00,000 shares16,36,36,36,363 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas Vodafone Idea FPO subscribed 6.99x.

 Bharti Hexacom IPOVodafone Idea FPO
QIB (times)48.57x19.31x
NII (times)10.52x4.54x
Big NII (times)12.27x6.04x
Small NII (times)7.00x1.55x
RII (times)2.83x1.01x
Employee (times)
Other (times)
Total (times)29.88x6.99x

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Bharti Hexacom IPO Vs Vodafone Idea FPO