Abans Holdings IPO vs Adani Enterprises FPO

Comparision between Abans Holdings IPO and Adani Enterprises FPO.

IPO Details

Abans Holdings IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Adani Enterprises FPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Abans Holdings IPO	Adani Enterprises FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Aryaman Financial Services Limited	ICICI Securities Limited Jefferies India Private Limited SBI Capital Markets Limited Axis Capital Limited Bob Capital Markets Limited Idbi Capital Market Services Limited Jm Financial Limited Iifl Securities Ltd Monarch Networth Capital Ltd Elara Capital (India) Private Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Adani Enterprises FPO is up to ₹20,000.00 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Adani Enterprises FPO is .

	Abans Holdings IPO	Adani Enterprises FPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹256.00 per share	₹3,112.00 per share
Issue Price (Upper)	₹270.00 per share	₹3,276.00 per share
Issue Price (Final)	₹270.00 per share
Discount (Retail)		₹64.00 per share
Discount (Employee)
Market Lot Size	55 shares	4 shares
Fresh Issue Size	38,00,000 shares	6,47,38,475 shares
Fresh Issue Size (Amount)	up to ₹102.60 Cr	up to ₹20,000.00 Cr
OFS Issue Size	90,00,000 shares
OFS Issue Size (Amount)	up to ₹243.00 Cr
Issue Size Total	1,28,00,000 shares	6,47,38,475 shares
Issue Size Total (Amount)	up to ₹345.60 Cr	up to ₹20,000.00 Cr

IPO Timetable

Abans Holdings IPO opens on Dec 12, 2022, while Adani Enterprises FPO opens on Jan 27, 2023. The closing date of Abans Holdings IPO and Adani Enterprises FPO is Dec 15, 2022, and Jan 31, 2023, respectively.

	Abans Holdings IPO	Adani Enterprises FPO
Anchor Bid Date	Dec 09, 2022	Jan 25, 2023
Issue Open	Dec 12, 2022	Jan 27, 2023
Issue Close	Dec 15, 2022	Jan 31, 2023
Basis Of Allotment (Tentative)	Dec 20, 2022	Feb 03, 2023
Initiation of Refunds (Tentative)	Dec 21, 2022	Feb 06, 2023
Credit of Share (Tentative)	Dec 22, 2022	Feb 07, 2023
Listing date (Tentative)	Dec 23, 2022	Feb 08, 2023
Anchor Lockin End date 1	Jan 19, 2023	Mar 05, 2023
Anchor Lockin End date 2	Mar 20, 2023	May 04, 2023

Financials

Abans Holdings IPO P/E ratio is 18.96, as compared to Adani Enterprises FPO P/E ratio of .

Abans Holdings IPO

Adani Enterprises FPO

Financial

Abans Holdings Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	1212.98	2771.88	39.22	499.55	318.79
31-Mar-21	1181.51	1331.37	45.8	561.95	267.39
31-Mar-22	1168.69	646.23	61.97	631.11	85.9
31-Aug-22	1230.72	288.31	29.74	678.17	76.92
Amount in ₹ Crore

Adani Enterprises Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	46898.36	44086.21	1039.99	18209.94	12604.91
31-Mar-21	51642.86	40290.93	1045.76	18910.01	16051.42
30-Sep-21	82324.68	26327.73	460.14	23176.28	32189.62
31-Mar-22	101760.19	70432.69	787.7	26928.37	41023.77
30-Sep-22	123091.28	79507.89	901.04	36176.4	40023.5
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.42%

72.63%

Promoter Shareholding (Post-Issue)

72.09%

P/E Ratio

18.96

Market Cap

₹1353.94 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Abans Holdings IPO retail investors (RII) are offered 76,80,000 shares while in Adani Enterprises FPO retail investors are offered 76,80,000 shares. Qualified institutional buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 1,28,21,336 shares in Adani Enterprises FPO.

	Abans Holdings IPO	Adani Enterprises FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	12,80,000 shares	1,28,21,336 shares
NII	38,40,000 shares	96,16,323 shares
RII	76,80,000 shares	2,29,08,464 shares
Employee	0 shares	1,60,668 shares
Others
Total	1,28,00,000 shares	4,55,06,791 shares

Bids Received (Subscription)

Abans Holdings IPO subscribed 1.10x in total, whereas Adani Enterprises FPO subscribed 1.12x.

	Abans Holdings IPO	Adani Enterprises FPO
QIB (times)	4.10x	1.26x
NII (times)	1.48x	3.32x
Big NII (times)	2.15x	4.97x
Small NII (times)	0.13x	0.02x
RII (times)	0.40x	0.12x
Employee (times)		0.55x
Other (times)
Total (times)	1.10x	1.12x

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