Popular Vehicles IPO vs Vodafone Idea FPO

Comparison between Popular Vehicles IPO and Vodafone Idea FPO.

IPO Details

Popular Vehicles 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 Popular Vehicles IPO is up to ₹601.55 Cr whereas the issue size of the Vodafone Idea FPO is up to ₹18,000.00 Cr. The final issue price of Popular Vehicles IPO is ₹295.00 per share and of Vodafone Idea FPO is ₹11.00 per share.

 Popular Vehicles IPOVodafone Idea FPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹280.00 per share₹10.00 per share
Issue Price (Upper)₹295.00 per share₹11.00 per share
Issue Price (Final)₹295.00 per share₹11.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹28.00 per share
Market Lot Size50 shares1298 shares
Fresh Issue Size84,76,753 shares16,36,36,36,363 shares
Fresh Issue Size (Amount)up to ₹250.04 Crup to ₹18,000.00 Cr
OFS Issue Size1,19,17,075 shares0 shares
OFS Issue Size (Amount)up to ₹351.52 Crup to ₹0.00 Cr
Issue Size Total2,03,93,828 shares16,36,36,36,363 shares
Issue Size Total (Amount)up to ₹601.55 Crup to ₹18,000.00 Cr

IPO Timetable

Popular Vehicles IPO opens on Mar 12, 2024, while Vodafone Idea FPO opens on Apr 18, 2024. The closing date of Popular Vehicles IPO and Vodafone Idea FPO is Mar 14, 2024, and Apr 22, 2024, respectively.

 Popular Vehicles IPOVodafone Idea FPO
Anchor Bid DateMar 11, 2024Apr 16, 2024
Issue OpenMar 12, 2024Apr 18, 2024
Issue CloseMar 14, 2024Apr 22, 2024
Basis Of Allotment (Tentative)Mar 15, 2024Apr 23, 2024
Initiation of Refunds (Tentative)Mar 18, 2024Apr 24, 2024
Credit of Share (Tentative)Mar 18, 2024Apr 24, 2024
Listing date (Tentative)Mar 19, 2024Apr 25, 2024
Anchor Lockin End date 1Apr 14, 2024May 23, 2024
Anchor Lockin End date 2Jun 13, 2024Jul 22, 2024

Financials & KPIs

Popular Vehicles IPO P/E ratio is 28.88, as compared to Vodafone Idea FPO P/E ratio of -1.88.

 Popular Vehicles IPOVodafone Idea FPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,941.781,503.781,263.291,118.94
Total Income2,848.214,892.633,484.202,919.25
Profit After Tax40.0464.0733.6732.46
NET Worth384.21343.04279.89246.00
Reserves and Surplus371.67330.50267.34233.46
Total Borrowing764.61505.01371.91353.04
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)69.4548.75
Promoter Shareholding (Post-Issue)61.1736.87
P/E Ratio28.88-1.88
Market Cap₹2100.28 Cr.₹73131.80 Cr.
ROE10.42%
ROCE8.83%
Debt/Equity1.99
EPS₹10.22₹-5.85
RoNW10.42%

Shares Offered

In the Popular Vehicles IPO Retail Individual Investors (RII) are offered 71,25,214 shares while in Vodafone Idea FPO retail investors are offered 71,25,214 shares. Qualified Institutional Buyers (QIB) are offered 40,71,550 shares in Popular Vehicles IPO and 3,27,27,27,272 shares in Vodafone Idea FPO.

 Popular Vehicles IPOVodafone Idea FPO
Anchor Investor Reservation61,07,325 shares4,90,90,90,908 shares
Market Maker Reservation
QIB40,71,550 shares3,27,27,27,272 shares
NII30,53,663 shares2,45,45,45,455 shares
RII71,25,214 shares5,72,72,72,728 shares
Employee37,453 shares
Others
Total2,03,95,205 shares16,36,36,36,363 shares

Bids Received (Subscription)

Popular Vehicles IPO subscribed 1.25x in total, whereas Vodafone Idea FPO subscribed 6.99x.

 Popular Vehicles IPOVodafone Idea FPO
QIB (times)1.92x19.31x
NII (times)0.67x4.54x
Big NII (times)0.67x6.04x
Small NII (times)0.68x1.55x
RII (times)1.07x1.01x
Employee (times)8.04x
Other (times)
Total (times)1.25x6.99x

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Popular Vehicles IPO Vs Vodafone Idea FPO