Comparison between Updater IPO and Yatra Online IPO.
Updater IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Yatra Online IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Updater IPO is up to ₹640.00 Cr whereas the issue size of the Yatra Online IPO is up to ₹775.00 Cr. The final issue price of Updater IPO is ₹300.00 per share and of Yatra Online IPO is ₹142.00 per share.
| Updater IPO | Yatra Online IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹280.00 per share | ₹135.00 per share |
| Issue Price (Upper) | ₹300.00 per share | ₹142.00 per share |
| Issue Price (Final) | ₹300.00 per share | ₹142.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 105 shares |
| Fresh Issue Size | 1,33,33,333 shares | 4,23,94,366 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹602.00 Cr |
| OFS Issue Size | 80,00,000 shares | 1,21,83,099 shares |
| OFS Issue Size (Amount) | up to ₹240.00 Cr | up to ₹173.00 Cr |
| Issue Size Total | 2,13,33,333 shares | 5,45,77,465 shares |
| Issue Size Total (Amount) | up to ₹640.00 Cr | up to ₹775.00 Cr |
Updater IPO opens on Sep 25, 2023, while Yatra Online IPO opens on Sep 15, 2023. The closing date of Updater IPO and Yatra Online IPO is Sep 27, 2023, and Sep 20, 2023, respectively.
| Updater IPO | Yatra Online IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2023 | Sep 14, 2023 |
| Issue Open | Sep 25, 2023 | Sep 15, 2023 |
| Issue Close | Sep 27, 2023 | Sep 20, 2023 |
| Basis Of Allotment (Tentative) | Sep 28, 2023 | Sep 25, 2023 |
| Initiation of Refunds (Tentative) | Sep 29, 2023 | Sep 26, 2023 |
| Credit of Share (Tentative) | Oct 03, 2023 | Sep 27, 2023 |
| Listing date (Tentative) | Oct 04, 2023 | Sep 28, 2023 |
| Anchor Lockin End date 1 | Oct 28, 2023 | Oct 25, 2023 |
| Anchor Lockin End date 2 | Dec 27, 2023 | Dec 24, 2023 |
Updater IPO P/E ratio is 44.31, as compared to Yatra Online IPO P/E ratio of 205.8.
| Updater IPO | Yatra Online IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 80.58 | 98.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 58.47 | 64.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 44.31 | 205.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2001.00 Cr. | ₹2228.21 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.40% | 18.1% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.17% | 26.0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.46 | 0.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.77 | ₹0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.34% | 4.50% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Updater IPO Retail Individual Investors (RII) are offered 21,33,333 shares while in Yatra Online IPO retail investors are offered 21,33,333 shares. Qualified Institutional Buyers (QIB) are offered 64,00,001 shares in Updater IPO and 1,63,73,240 shares in Yatra Online IPO.
| Updater IPO | Yatra Online IPO | |
|---|---|---|
| Anchor Investor Reservation | 96,00,000 shares | 2,45,59,860 shares |
| Market Maker Reservation | ||
| QIB | 64,00,001 shares | 1,63,73,240 shares |
| NII | 31,99,999 shares | 81,86,619 shares |
| RII | 21,33,333 shares | 54,57,746 shares |
| Employee | ||
| Others | ||
| Total | 2,13,33,333 shares | 5,45,77,465 shares |
Updater IPO subscribed 2.96x in total, whereas Yatra Online IPO subscribed 1.66x.
| Updater IPO | Yatra Online IPO | |
|---|---|---|
| QIB (times) | 4.50x | 2.10x |
| NII (times) | 0.89x | 0.43x |
| Big NII (times) | 1.07x | 0.51x |
| Small NII (times) | 0.53x | 0.28x |
| RII (times) | 1.45x | 2.19x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.96x | 1.66x |
