Concord Biotech IPO vs India Shelter Finance IPO

Comparision between Concord Biotech IPO and India Shelter Finance IPO.

IPO Details

Concord Biotech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while India Shelter Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Concord Biotech IPO	India Shelter Finance 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	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jefferies India Private Limited	ICICI Securities Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Ambit Private Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Concord Biotech IPO is up to ₹1,551.00 Cr whereas the issue size of the India Shelter Finance IPO is up to ₹1,200.00 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of India Shelter Finance IPO is ₹493.00 per share.

	Concord Biotech IPO	India Shelter Finance IPO
Face Value	₹1 per share	₹5 per share
Issue Price (Lower)	₹705.00 per share	₹469.00 per share
Issue Price (Upper)	₹741.00 per share	₹493.00 per share
Issue Price (Final)	₹741.00 per share	₹493.00 per share
Discount (Retail)
Discount (Employee)	₹70.00 per share
Market Lot Size	20 shares	30 shares
Fresh Issue Size		1,62,27,181 shares
Fresh Issue Size (Amount)		up to ₹800.00 Cr
OFS Issue Size	2,09,25,652 shares	81,13,590 shares
OFS Issue Size (Amount)	up to ₹1,551.00 Cr	up to ₹400.00 Cr
Issue Size Total	2,09,25,652 shares	2,43,40,771 shares
Issue Size Total (Amount)	up to ₹1,551.00 Cr	up to ₹1,200.00 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while India Shelter Finance IPO opens on Dec 13, 2023. The closing date of Concord Biotech IPO and India Shelter Finance IPO is Aug 08, 2023, and Dec 15, 2023, respectively.

	Concord Biotech IPO	India Shelter Finance IPO
Anchor Bid Date	Aug 03, 2023	Dec 12, 2023
Issue Open	Aug 04, 2023	Dec 13, 2023
Issue Close	Aug 08, 2023	Dec 15, 2023
Basis Of Allotment (Tentative)	Aug 11, 2023	Dec 18, 2023
Initiation of Refunds (Tentative)	Aug 14, 2023	Dec 19, 2023
Credit of Share (Tentative)	Aug 17, 2023	Dec 19, 2023
Listing date (Tentative)	Aug 18, 2023	Dec 20, 2023
Anchor Lockin End date 1	Sep 10, 2023	Jan 17, 2024
Anchor Lockin End date 2	Nov 09, 2023	Mar 17, 2024

Financials

Concord Biotech IPO P/E ratio is 32.29, as compared to India Shelter Finance IPO P/E ratio of 28.22.

Concord Biotech IPO

India Shelter Finance IPO

Financial

Concord Biotech IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,182.55	1,312.80	1,513.98
Revenue	630.75	736.35	888.48
Profit After Tax	234.89	174.93	240.08
Net Worth	999.37	1,103.22	1,290.00
Reserves and Surplus
Total Borrowing	86.35	60.59	31.24

Amount in ₹ Crore

India Shelter Finance Corporation Limited Financial Information (Restated Consolidated)

India Shelter Finance Corporation Limited's revenue increased by 31.84% and profit after tax (PAT) rose by 20.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,758.68	4,295.59	3,221.22	2,462.64
Revenue	398.58	606.23	459.81	322.80
Profit After Tax	107.35	155.34	128.45	87.39
Net Worth	1,374.97	1,240.53	1,076.13	937.27
Reserves and Surplus	1,335.36	1,197.98	1,033.02	894.20
Total Borrowing	3,272.48	2,973.43	2,059.40	1,480.72
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

44.08%

56.75%

Promoter Shareholding (Post-Issue)

44.08%

48.17%

P/E Ratio

32.29

28.22

Market Cap

₹7752.06 Cr.

₹5277.62 Cr.

ROE

20.06%%

13.4%%

ROCE

24.27%%

Debt/Equity

2.12

EPS

₹20.79

₹17.47

RoNW

20%%

13.4%%

Shares Offered

In the Concord Biotech IPO retail investors (RII) are offered 73,20,479 shares while in India Shelter Finance IPO retail investors are offered 73,20,479 shares. Qualified institutional buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 48,68,154 shares in India Shelter Finance IPO.

	Concord Biotech IPO	India Shelter Finance IPO
Anchor Investor Reserveration	62,74,695 shares	73,02,229 shares
Market Maker Reserveration
QIB	41,83,130 shares	48,68,154 shares
NII	31,37,348 shares	36,51,116 shares
RII	73,20,479 shares	85,19,270 shares
Employee	10,000 shares	0 shares
Others
Total	1,46,50,957 shares	1,70,38,540 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas India Shelter Finance IPO subscribed 38.59x.

	Concord Biotech IPO	India Shelter Finance IPO
QIB (times)	67.67x	94.29x
NII (times)	16.99x	29.97x
Big NII (times)	19.30x	29.77x
Small NII (times)	12.37x	30.37x
RII (times)	3.78x	10.46x
Employee (times)	24.48x
Other (times)
Total (times)	24.87x	38.59x

Compare with others

Concord Biotech IPO	India Shelter Finance IPO
Aeroflex Industries IPO	Rishabh Instruments IPO
Pyramid Technoplast IPO	Ratnaveer Precision Engineering IPO
India Shelter Finance IPO	Vishnu Prakash R Punglia IPO
Balaji Speciality Chemicals IPO	Aeroflex Industries IPO
TVS Supply Chain Solutions IPO	Pyramid Technoplast IPO
SBFC Finance IPO	Balaji Speciality Chemicals IPO
Yatharth Hospital IPO	TVS Supply Chain Solutions IPO
Netweb Technologies India IPO	Concord Biotech IPO
Utkarsh Small Finance Bank IPO	SBFC Finance IPO
Senco Gold IPO	Yatharth Hospital IPO

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