Burger King IPO vs Likhitha Infrastructure IPO

Comparision between Burger King IPO and Likhitha Infrastructure IPO.

IPO Details

Burger King IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Likhitha Infrastructure IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Burger King IPO	Likhitha Infrastructure 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	Clsa India Private Limited Edelweiss Financial Services Ltd Jm Financial Limited Kotak Mahindra Capital Company Limited	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
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 Burger King IPO is up to ₹810.00 Cr whereas the issue size of the Likhitha Infrastructure IPO is up to ₹61.20 Cr. The final issue price of Burger King IPO is ₹60.00 per share and of Likhitha Infrastructure IPO is ₹120.00 per share.

	Burger King IPO	Likhitha Infrastructure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹59.00 per share	₹116.00 per share
Issue Price (Upper)	₹60.00 per share	₹120.00 per share
Issue Price (Final)	₹60.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	250 shares	125 shares
Fresh Issue Size	7,50,00,000 shares	51,00,000 shares
Fresh Issue Size (Amount)	up to ₹450.00 Cr	up to ₹61.20 Cr
OFS Issue Size	6,00,00,000 shares
OFS Issue Size (Amount)	up to ₹360.00 Cr
Issue Size Total	13,50,00,000 shares	51,00,000 shares
Issue Size Total (Amount)	up to ₹810.00 Cr	up to ₹61.20 Cr

IPO Timetable

Burger King IPO opens on Dec 02, 2020, while Likhitha Infrastructure IPO opens on Sep 29, 2020. The closing date of Burger King IPO and Likhitha Infrastructure IPO is Dec 04, 2020, and Oct 07, 2020, respectively.

	Burger King IPO	Likhitha Infrastructure IPO
Anchor Bid Date
Issue Open	Dec 02, 2020	Sep 29, 2020
Issue Close	Dec 04, 2020	Oct 07, 2020
Basis Of Allotment (Tentative)	Dec 09, 2020	Oct 12, 2020
Initiation of Refunds (Tentative)	Dec 10, 2020	Oct 13, 2020
Credit of Share (Tentative)	Dec 11, 2020	Oct 14, 2020
Listing date (Tentative)	Dec 14, 2020	Oct 15, 2020
Anchor Lockin End date 1	Jan 08, 2021	Nov 11, 2020
Anchor Lockin End date 2	Mar 09, 2021	Jan 10, 2021

Financials

Burger King IPO P/E ratio is , as compared to Likhitha Infrastructure IPO P/E ratio of .

Burger King IPO

Likhitha Infrastructure IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	11,771.18	11,977.07	9,204.72	7,303.55
Total Revenue	1,516.54	8,468.29	6,441.30	3,887.37
Profit After Tax	(1,189.46)	(765.70)	(382.79)	(822.32)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	10,085.61	8,457.38	6,722.91
Total Revenue	16,279.02	14,054.68	8,860.56
Profit After Tax	1,987.93	1,785.51	716.22

Promoter Shareholding (Pre-Issue)

99.39%

99.96%

Promoter Shareholding (Post-Issue)

60.08%

74.11%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Burger King IPO retail investors (RII) are offered 1,36,27,118 shares while in Likhitha Infrastructure IPO retail investors are offered 1,36,27,118 shares. Qualified institutional buyers (QIB) are offered 4,04,23,729 shares in Burger King IPO and 51,000 shares in Likhitha Infrastructure IPO.

	Burger King IPO	Likhitha Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	4,04,23,729 shares	51,000 shares
NII	2,04,40,677 shares	32,64,000 shares
RII	1,36,27,118 shares	17,85,000 shares
Employee	0 shares	0 shares
Others
Total	7,44,91,524 shares	51,00,000 shares

Bids Received (Subscription)

Burger King IPO subscribed 156.65x in total, whereas Likhitha Infrastructure IPO subscribed 9.51x.

	Burger King IPO	Likhitha Infrastructure IPO
QIB (times)	86.64x	21.99x
NII (times)	354.11x	1.54x
Big NII (times)
Small NII (times)
RII (times)	68.15x	23.71x
Employee (times)
Other (times)
Total (times)	156.65x	9.51x

Compare with others

Burger King IPO	Likhitha Infrastructure IPO
Home First Finance IPO	IRFC IPO
Indigo Paints IPO	Burger King IPO
Antony Waste IPO	RailTel IPO
Mrs. Bectors Food IPO	Gland Pharma IPO
IRFC IPO	Mazagon Dock IPO
RailTel IPO	Chemcon IPO
Gland Pharma IPO	Route Mobile IPO
Mazagon Dock IPO	Angel One IPO
Likhitha Infrastructure IPO	Happiest Minds IPO
Chemcon IPO	CAMS IPO

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