Fusion Micro Finance IPO vs Landmark Cars IPO

Comparision between Fusion Micro Finance IPO and Landmark Cars IPO.

IPO Details

Fusion Micro Finance 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.

	Fusion Micro Finance 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	ICICI Securities Limited Clsa India Private Limited Iifl Securities Ltd Jm Financial 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 Fusion Micro Finance IPO is up to ₹1,103.99 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Fusion Micro Finance IPO is ₹368.00 per share and of Landmark Cars IPO is ₹506.00 per share.

	Fusion Micro Finance IPO	Landmark Cars IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹350.00 per share	₹481.00 per share
Issue Price (Upper)	₹368.00 per share	₹506.00 per share
Issue Price (Final)	₹368.00 per share	₹506.00 per share
Discount (Retail)
Discount (Employee)		₹48.00 per share
Market Lot Size	40 shares	29 shares
Fresh Issue Size		29,64,427 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹150.00 Cr
OFS Issue Size	1,36,95,466 shares	79,44,664 shares
OFS Issue Size (Amount)		up to ₹402.00 Cr
Issue Size Total		1,09,09,091 shares
Issue Size Total (Amount)	up to ₹1,103.99 Cr	up to ₹552.00 Cr

IPO Timetable

Fusion Micro Finance IPO opens on Nov 02, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Fusion Micro Finance IPO and Landmark Cars IPO is Nov 04, 2022, and Dec 15, 2022, respectively.

	Fusion Micro Finance IPO	Landmark Cars IPO
Anchor Bid Date		Dec 12, 2022
Issue Open	Nov 02, 2022	Dec 13, 2022
Issue Close	Nov 04, 2022	Dec 15, 2022
Basis Of Allotment (Tentative)	Nov 10, 2022	Dec 20, 2022
Initiation of Refunds (Tentative)	Nov 11, 2022	Dec 21, 2022
Credit of Share (Tentative)	Nov 14, 2022	Dec 22, 2022
Listing date (Tentative)	Nov 15, 2022	Dec 23, 2022
Anchor Lockin End date 1	Dec 10, 2022	Jan 19, 2023
Anchor Lockin End date 2	Feb 08, 2023	Mar 20, 2023

Financials

Fusion Micro Finance IPO P/E ratio is 12.33, as compared to Landmark Cars IPO P/E ratio of 27.61.

Fusion Micro Finance IPO

Landmark Cars IPO

Financial

Fusion Micro Finance Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	4239.99	730.31	69.61	1198.89	2973.68
31-Mar-21	5837.93	873.09	43.94	1246.36	4432.25
30-Jun-21	5824.87	264.96	4.41	1251.65	4422.65
31-Mar-22	7290.48	1201.35	21.76	1337.95	5775.81
30-Jun-22	7615.24	360.45	75.1	1416.46	6009.97
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)

85.57%

60.24%

Promoter Shareholding (Post-Issue)

58.10%

44.61%

P/E Ratio

12.33

27.61

Market Cap

₹3703.21 Cr.

₹2003.26 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fusion Micro Finance IPO retail investors (RII) are offered 1,07,93,414 shares while in Landmark Cars IPO retail investors are offered 1,07,93,414 shares. Qualified institutional buyers (QIB) are offered 59,56,362 shares in Fusion Micro Finance IPO and 22,91,061 shares in Landmark Cars IPO.

	Fusion Micro Finance IPO	Landmark Cars IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	59,56,362 shares	22,91,061 shares
NII	46,25,749 shares	17,18,295 shares
RII	1,07,93,414 shares	40,09,355 shares
Employee	0 shares	23,094 shares
Others
Total	2,13,75,525 shares	80,41,805 shares

Bids Received (Subscription)

Fusion Micro Finance IPO subscribed 2.95x in total, whereas Landmark Cars IPO subscribed 3.06x.

	Fusion Micro Finance IPO	Landmark Cars IPO
QIB (times)	8.59x	8.71x
NII (times)	1.38x	1.32x
Big NII (times)	1.52x	1.59x
Small NII (times)	1.09x	0.78x
RII (times)	0.51x	0.59x
Employee (times)		2.93x
Other (times)
Total (times)	2.95x	3.06x

Compare with others

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

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