Brookfield India REIT vs Home First Finance IPO

Comparision between Brookfield India REIT and Home First Finance IPO.

IPO Details

Brookfield India REIT is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Home First Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Brookfield India REIT	Home First Finance IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	REIT	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Ambit Private Limited Axis Capital Limited Iifl Securities Ltd J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited	Axis Capital Limited Credit Suisse Securities (India) Private Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Brookfield India REIT is up to ₹3,800.00 Cr whereas the issue size of the Home First Finance IPO is up to ₹1,153.72 Cr. The final issue price of Brookfield India REIT is ₹275.00 per share and of Home First Finance IPO is ₹518.00 per share.

	Brookfield India REIT	Home First Finance IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹274.00 per share	₹517.00 per share
Issue Price (Upper)	₹275.00 per share	₹518.00 per share
Issue Price (Final)	₹275.00 per share	₹518.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	200 shares	28 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹3,800.00 Cr	up to ₹265.00 Cr
OFS Issue Size
OFS Issue Size (Amount)		up to ₹888.72 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹3,800.00 Cr	up to ₹1,153.72 Cr

IPO Timetable

Brookfield India REIT opens on Feb 03, 2021, while Home First Finance IPO opens on Jan 21, 2021. The closing date of Brookfield India REIT and Home First Finance IPO is Feb 05, 2021, and Jan 25, 2021, respectively.

	Brookfield India REIT	Home First Finance IPO
Anchor Bid Date
Issue Open	Feb 03, 2021	Jan 21, 2021
Issue Close	Feb 05, 2021	Jan 25, 2021
Basis Of Allotment (Tentative)	Feb 11, 2021	Jan 29, 2021
Initiation of Refunds (Tentative)	Feb 12, 2021	Feb 01, 2021
Credit of Share (Tentative)	Feb 12, 2021	Feb 02, 2021
Listing date (Tentative)	Feb 16, 2021	Feb 03, 2021
Anchor Lockin End date 1	Mar 13, 2021	Feb 28, 2021
Anchor Lockin End date 2	May 12, 2021	Apr 29, 2021

Financials

Brookfield India REIT P/E ratio is , as compared to Home First Finance IPO P/E ratio of .

Brookfield India REIT

Home First Finance IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	51,367.15	53,780.50	50,436.97	48,932.97
Total Revenue	4,674.66	9,813.95	9,298.30	8,662.51
Profit After Tax	(739.22)	151.22	(157.45)	1,610.84

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	37,221.96	34,796.11	24,820.05	13,649.42
Total Revenue	2,431.93	4,196.57	2,709.21	1,342.37
Profit After Tax	529.53	792.49	452.04	159.96

Promoter Shareholding (Pre-Issue)

52.85%

Promoter Shareholding (Post-Issue)

33.70%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Brookfield India REIT retail investors (RII) are offered 0 shares while in Home First Finance IPO retail investors are offered 0 shares. Qualified institutional buyers (QIB) are offered 4,16,05,400 shares in Brookfield India REIT and 44,63,127 shares in Home First Finance IPO.

	Brookfield India REIT	Home First Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	4,16,05,400 shares	44,63,127 shares
NII	3,46,72,800 shares	33,47,346 shares
RII	0 shares	78,10,475 shares
Employee	0 shares	0 shares
Others
Total	7,62,78,200 shares	1,56,20,948 shares

Bids Received (Subscription)

Brookfield India REIT subscribed 7.94x in total, whereas Home First Finance IPO subscribed 26.66x.

	Brookfield India REIT	Home First Finance IPO
QIB (times)	4.78x	52.53x
NII (times)	11.52x	39.00x
Big NII (times)
Small NII (times)
RII (times)		6.59x
Employee (times)
Other (times)
Total (times)	7.94x	26.66x

Compare with others

Brookfield India REIT	Home First Finance IPO
Nazara Technologies IPO	MTAR Technologies IPO
EaseMyTrip IPO	Heranba Industries IPO
MTAR Technologies IPO	Nureca limited IPO
Heranba Industries IPO	Brookfield India REIT
Nureca limited IPO	Stove Kraft IPO
Stove Kraft IPO	Indigo Paints IPO
Home First Finance IPO	Antony Waste IPO
Indigo Paints IPO	Mrs. Bectors Food IPO
Antony Waste IPO	IRFC IPO
Mrs. Bectors Food IPO	Burger King IPO

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