Abans Holdings IPO vs Landmark Cars IPO

Comparision between Abans Holdings IPO and Landmark Cars IPO.

IPO Details

Abans Holdings IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Landmark Cars IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Abans Holdings IPO	Landmark Cars IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Aryaman Financial Services Limited	Axis Capital Limited ICICI Securities Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	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 Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Landmark Cars IPO is ₹506.00 per share.

	Abans Holdings IPO	Landmark Cars IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹256.00 per share	₹481.00 per share
Issue Price (Upper)	₹270.00 per share	₹506.00 per share
Issue Price (Final)	₹270.00 per share	₹506.00 per share
Discount (Retail)
Discount (Employee)		₹48.00 per share
Market Lot Size	55 shares	29 shares
Fresh Issue Size	38,00,000 shares	29,64,427 shares
Fresh Issue Size (Amount)	up to ₹102.60 Cr	up to ₹150.00 Cr
OFS Issue Size	90,00,000 shares	79,44,664 shares
OFS Issue Size (Amount)	up to ₹243.00 Cr	up to ₹402.00 Cr
Issue Size Total	1,28,00,000 shares	1,09,09,091 shares
Issue Size Total (Amount)	up to ₹345.60 Cr	up to ₹552.00 Cr

IPO Timetable

Abans Holdings IPO opens on Dec 12, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Abans Holdings IPO and Landmark Cars IPO is Dec 15, 2022, and Dec 15, 2022, respectively.

	Abans Holdings IPO	Landmark Cars IPO
Anchor Bid Date	Dec 09, 2022	Dec 12, 2022
Issue Open	Dec 12, 2022	Dec 13, 2022
Issue Close	Dec 15, 2022	Dec 15, 2022
Basis Of Allotment (Tentative)	Dec 20, 2022	Dec 20, 2022
Initiation of Refunds (Tentative)	Dec 21, 2022	Dec 21, 2022
Credit of Share (Tentative)	Dec 22, 2022	Dec 22, 2022
Listing date (Tentative)	Dec 23, 2022	Dec 23, 2022
Anchor Lockin End date 1	Jan 19, 2023	Jan 19, 2023
Anchor Lockin End date 2	Mar 20, 2023	Mar 20, 2023

Financials

Abans Holdings IPO P/E ratio is 18.96, as compared to Landmark Cars IPO P/E ratio of 27.61.

Abans Holdings IPO

Landmark Cars IPO

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

Landmark Cars Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1008.03	2834.62	-24.43	187.96	478.78
31-Mar-20	831.77	2228.93	-28.94	169.12	357.91
31-Mar-21	887.9	1966.34	11.15	181.78	327.44
31-Mar-22	1085.38	2989.12	66.18	246.94	308.49
30-Jun-22	1209.37	801.9	18.14	268.27	464.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.42%

60.24%

Promoter Shareholding (Post-Issue)

72.09%

44.61%

P/E Ratio

18.96

27.61

Market Cap

₹1353.94 Cr.

₹2003.26 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 Landmark Cars IPO retail investors are offered 76,80,000 shares. Qualified institutional buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 22,91,061 shares in Landmark Cars IPO.

	Abans Holdings IPO	Landmark Cars IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	12,80,000 shares	22,91,061 shares
NII	38,40,000 shares	17,18,295 shares
RII	76,80,000 shares	40,09,355 shares
Employee	0 shares	23,094 shares
Others
Total	1,28,00,000 shares	80,41,805 shares

Bids Received (Subscription)

Abans Holdings IPO subscribed 1.10x in total, whereas Landmark Cars IPO subscribed 3.06x.

	Abans Holdings IPO	Landmark Cars IPO
QIB (times)	4.10x	8.71x
NII (times)	1.48x	1.32x
Big NII (times)	2.15x	1.59x
Small NII (times)	0.13x	0.78x
RII (times)	0.40x	0.59x
Employee (times)		2.93x
Other (times)
Total (times)	1.10x	3.06x

Compare with others

Abans Holdings IPO	Landmark Cars IPO
Global Surfaces IPO	Abans Holdings IPO
Divgi TorqTransfer Systems IPO	Sah Polymers IPO
Signatureglobal India IPO	Elin Electronics IPO
Radiant Cash Management IPO	Sula Vineyards IPO
KFin Technologies IPO	Dharmaj Crop Guard IPO
Sah Polymers IPO	Keystone Realtors IPO
Elin Electronics IPO	Inox Green Energy IPO
Sula Vineyards IPO	Archean Chemical IPO
Dharmaj Crop Guard IPO	Bikaji Foods IPO
Landmark Cars IPO	Fusion Micro Finance IPO

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