Fine Organic IPO vs IndoStar Capital Finance IPO

Comparision between Fine Organic IPO and IndoStar Capital Finance IPO.

IPO Details

Fine Organic IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while IndoStar Capital Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Fine Organic IPO	IndoStar Capital 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	Edelweiss Financial Services Ltd Jm Financial Limited	Jm Financial Limited Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd Motilal Oswal Investment Advisors Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private 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 Fine Organic IPO is up to ₹600.20 Cr whereas the issue size of the IndoStar Capital Finance IPO is up to ₹1,844.00 Cr. The final issue price of Fine Organic IPO is ₹783.00 per share and of IndoStar Capital Finance IPO is ₹572.00 per share.

	Fine Organic IPO	IndoStar Capital Finance IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹780.00 per share	₹570.00 per share
Issue Price (Upper)	₹783.00 per share	₹572.00 per share
Issue Price (Final)	₹783.00 per share	₹572.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	19 shares	26 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹700.00 Cr
OFS Issue Size		2,00,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	76,64,994 shares	3,22,37,762 shares
Issue Size Total (Amount)	up to ₹600.20 Cr	up to ₹1,844.00 Cr

IPO Timetable

Fine Organic IPO opens on Jun 20, 2018, while IndoStar Capital Finance IPO opens on May 09, 2018. The closing date of Fine Organic IPO and IndoStar Capital Finance IPO is Jun 22, 2018, and May 11, 2018, respectively.

	Fine Organic IPO	IndoStar Capital Finance IPO
Anchor Bid Date
Issue Open	Jun 20, 2018	May 09, 2018
Issue Close	Jun 22, 2018	May 11, 2018
Basis Of Allotment (Tentative)	Jun 27, 2018	May 16, 2018
Initiation of Refunds (Tentative)	Jun 28, 2018	May 17, 2018
Credit of Share (Tentative)	Jun 28, 2018	May 18, 2018
Listing date (Tentative)	Jul 02, 2018	May 21, 2018
Anchor Lockin End date 1	Jul 27, 2018	Jun 15, 2018
Anchor Lockin End date 2	Sep 25, 2018	Aug 14, 2018

Financials

Fine Organic IPO P/E ratio is , as compared to IndoStar Capital Finance IPO P/E ratio of .

Fine Organic IPO

IndoStar Capital Finance IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	4,835.99	4,576.40	4,228.49	3,776.57	3,411.16	2,553.78
Total Revenue	5,928.23	7,892.24	6,661.22	6,180.49	5,746.49	4,975.10
Profit After Tax	625.89	794.76	769.64	590.91	626.12	208.97

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	54,853.65	46,922.73	39,916.86	31,608.02	22,070.85
Total Revenue	7,155.42	6,413.79	5,280.56	3,969.05	2,415.77
Profit After Tax	2,090.38	1,910.16	1,490.65	1,121.36	900.94

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fine Organic IPO retail investors (RII) are offered 26,82,748 shares while in IndoStar Capital Finance IPO retail investors are offered 26,82,748 shares. Qualified institutional buyers (QIB) are offered 15,32,999 shares in Fine Organic IPO and 64,35,086 shares in IndoStar Capital Finance IPO.

	Fine Organic IPO	IndoStar Capital Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	15,32,999 shares	64,35,086 shares
NII	11,49,750 shares	48,42,106 shares
RII	26,82,748 shares	1,12,98,246 shares
Employee
Others
Total	53,65,497 shares	2,25,75,438 shares

Bids Received (Subscription)

Fine Organic IPO subscribed 8.77x in total, whereas IndoStar Capital Finance IPO subscribed 6.65x.

	Fine Organic IPO	IndoStar Capital Finance IPO
QIB (times)	12.85x	16.08x
NII (times)	21.00x	6.91x
Big NII (times)
Small NII (times)
RII (times)	1.19x	1.17x
Employee (times)
Other (times)
Total (times)	8.77x	6.65x

Compare with others

Fine Organic IPO	IndoStar Capital Finance IPO
Chalet Hotels Limited IPO	CreditAccess Grameen IPO
TCNS Clothing IPO	HDFC AMC IPO
CreditAccess Grameen IPO	Varroc Engineering IPO
HDFC AMC IPO	Fine Organic IPO
Varroc Engineering IPO	RITES Limited IPO
RITES Limited IPO	Lemon Tree Hotels IPO
IndoStar Capital Finance IPO	ICICI Securities IPO
Lemon Tree Hotels IPO	Mishra Dhatu Nigam IPO
ICICI Securities IPO	Sandhar Technologies IPO
Mishra Dhatu Nigam IPO	Karda Construction IPO

Comments

Add a public comment...