Bikaji Foods IPO vs Landmark Cars IPO

Comparision between Bikaji Foods IPO and Landmark Cars IPO.

IPO Details

Bikaji Foods 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.

	Bikaji Foods 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	Jm Financial Limited Axis Capital Limited Iifl Securities Ltd Intensive Fiscal Services Private Limited Kotak Mahindra Capital Company Limited	Axis Capital Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bikaji Foods IPO is up to ₹881.22 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Bikaji Foods IPO is ₹300.00 per share and of Landmark Cars IPO is ₹506.00 per share.

	Bikaji Foods IPO	Landmark Cars IPO
Face Value	₹1 per share	₹5 per share
Issue Price (Lower)	₹285.00 per share	₹481.00 per share
Issue Price (Upper)	₹300.00 per share	₹506.00 per share
Issue Price (Final)	₹300.00 per share	₹506.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share	₹48.00 per share
Market Lot Size	50 shares	29 shares
Fresh Issue Size		29,64,427 shares
Fresh Issue Size (Amount)		up to ₹150.00 Cr
OFS Issue Size	2,93,73,984 shares	79,44,664 shares
OFS Issue Size (Amount)	up to ₹881.22 Cr	up to ₹402.00 Cr
Issue Size Total	2,93,73,984 shares	1,09,09,091 shares
Issue Size Total (Amount)	up to ₹881.22 Cr	up to ₹552.00 Cr

IPO Timetable

Bikaji Foods IPO opens on Nov 03, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Bikaji Foods IPO and Landmark Cars IPO is Nov 07, 2022, and Dec 15, 2022, respectively.

	Bikaji Foods IPO	Landmark Cars IPO
Anchor Bid Date		Dec 12, 2022
Issue Open	Nov 03, 2022	Dec 13, 2022
Issue Close	Nov 07, 2022	Dec 15, 2022
Basis Of Allotment (Tentative)	Nov 11, 2022	Dec 20, 2022
Initiation of Refunds (Tentative)	Nov 14, 2022	Dec 21, 2022
Credit of Share (Tentative)	Nov 15, 2022	Dec 22, 2022
Listing date (Tentative)	Nov 16, 2022	Dec 23, 2022
Anchor Lockin End date 1	Dec 11, 2022	Jan 19, 2023
Anchor Lockin End date 2	Feb 09, 2023	Mar 20, 2023

Financials

Bikaji Foods IPO P/E ratio is 119.05, as compared to Landmark Cars IPO P/E ratio of 27.61.

Bikaji Foods IPO

Landmark Cars IPO

Financial

Bikaji Foods International Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	630.9	910.65	50.93	469.77	72.31
31-Mar-20	676.64	1082.9	56.37	529.16	52.3
31-Mar-21	817.15	1322.21	90.34	604.1	86.15
30-Jun-21	871.96	337.08	12.41	618.45	101.13
31-Mar-22	1102.13	1621.45	76.03	819.26	141.23
30-Jun-22	1146.28	423.82	15.7	834.8	156.39
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)

77.97%

60.24%

Promoter Shareholding (Post-Issue)

75.96%

44.61%

P/E Ratio

119.05

27.61

Market Cap

₹7485.30 Cr.

₹2003.26 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bikaji Foods IPO retail investors (RII) are offered 1,01,93,395 shares while in Landmark Cars IPO retail investors are offered 1,01,93,395 shares. Qualified institutional buyers (QIB) are offered 58,24,797 shares in Bikaji Foods IPO and 22,91,061 shares in Landmark Cars IPO.

	Bikaji Foods IPO	Landmark Cars IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	58,24,797 shares	22,91,061 shares
NII	43,68,598 shares	17,18,295 shares
RII	1,01,93,395 shares	40,09,355 shares
Employee	2,50,000 shares	23,094 shares
Others
Total	2,06,36,790 shares	80,41,805 shares

Bids Received (Subscription)

Bikaji Foods IPO subscribed 26.67x in total, whereas Landmark Cars IPO subscribed 3.06x.

	Bikaji Foods IPO	Landmark Cars IPO
QIB (times)	80.63x	8.71x
NII (times)	7.10x	1.32x
Big NII (times)	7.47x	1.59x
Small NII (times)	6.34x	0.78x
RII (times)	4.77x	0.59x
Employee (times)	4.38x	2.93x
Other (times)
Total (times)	26.67x	3.06x

Compare with others

Bikaji Foods IPO	Landmark Cars IPO
Dharmaj Crop Guard IPO	Abans Holdings IPO
Landmark Cars IPO	Sah Polymers IPO
Keystone Realtors IPO	Elin Electronics IPO
Inox Green Energy IPO	Sula Vineyards IPO
Archean Chemical IPO	Dharmaj Crop Guard IPO
Fusion Micro Finance IPO	Keystone Realtors IPO
Global Health IPO	Inox Green Energy IPO
Five Star Business Finance IPO	Archean Chemical IPO
Uniparts India IPO	Bikaji Foods IPO
Kaynes Technology IPO	Fusion Micro Finance IPO

Comments

Add a public comment...