India Pesticides IPO vs Sona Comstar IPO

Comparision between India Pesticides IPO and Sona Comstar IPO.

IPO Details

India Pesticides IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sona Comstar IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	India Pesticides IPO	Sona Comstar 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	Axis Capital Limited Jm Financial Limited	Credit Suisse Securities (India) Private Limited J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Kfin Technologies Limited	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 India Pesticides IPO is up to ₹800.00 Cr whereas the issue size of the Sona Comstar IPO is up to ₹5,550.00 Cr. The final issue price of India Pesticides IPO is ₹296.00 per share and of Sona Comstar IPO is ₹291.00 per share.

	India Pesticides IPO	Sona Comstar IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹290.00 per share	₹285.00 per share
Issue Price (Upper)	₹296.00 per share	₹291.00 per share
Issue Price (Final)	₹296.00 per share	₹291.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	51 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹100.00 Cr	up to ₹300.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹700.00 Cr	up to ₹5,250.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹800.00 Cr	up to ₹5,550.00 Cr

IPO Timetable

India Pesticides IPO opens on Jun 23, 2021, while Sona Comstar IPO opens on Jun 14, 2021. The closing date of India Pesticides IPO and Sona Comstar IPO is Jun 25, 2021, and Jun 16, 2021, respectively.

	India Pesticides IPO	Sona Comstar IPO
Anchor Bid Date
Issue Open	Jun 23, 2021	Jun 14, 2021
Issue Close	Jun 25, 2021	Jun 16, 2021
Basis Of Allotment (Tentative)	Jun 30, 2021	Jun 21, 2021
Initiation of Refunds (Tentative)	Jul 01, 2021	Jun 22, 2021
Credit of Share (Tentative)	Jul 02, 2021	Jun 23, 2021
Listing date (Tentative)	Jul 05, 2021	Jun 24, 2021
Anchor Lockin End date 1	Jul 30, 2021	Jul 21, 2021
Anchor Lockin End date 2	Sep 28, 2021	Sep 19, 2021

Financials

India Pesticides IPO P/E ratio is , as compared to Sona Comstar IPO P/E ratio of .

India Pesticides IPO

Sona Comstar IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	5,170.80	3,657.02	3,172.37
Total Revenue	6,553.77	4,897.27	3,460.42
Profit After Tax	1,345.32	707.99	439.21

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	21,748.30	18,506.82	16,325.57
Total Revenue	15,686.41	10,437.65	7,025.01
Profit After Tax	2,151.65	3,603.43	1,731.80

Promoter Shareholding (Pre-Issue)

82.68%

100%

Promoter Shareholding (Post-Issue)

72%

67.30%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the India Pesticides IPO retail investors (RII) are offered 96,55,173 shares while in Sona Comstar IPO retail investors are offered 96,55,173 shares. Qualified institutional buyers (QIB) are offered 55,17,241 shares in India Pesticides IPO and 5,84,21,052 shares in Sona Comstar IPO.

	India Pesticides IPO	Sona Comstar IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	55,17,241 shares	5,84,21,052 shares
NII	41,37,931 shares	2,92,10,526 shares
RII	96,55,173 shares	1,94,73,684 shares
Employee	0 shares	0 shares
Others
Total	1,93,10,345 shares	10,71,05,262 shares

Bids Received (Subscription)

India Pesticides IPO subscribed 29.04x in total, whereas Sona Comstar IPO subscribed 2.28x.

	India Pesticides IPO	Sona Comstar IPO
QIB (times)	42.95x	3.46x
NII (times)	51.88x	0.39x
Big NII (times)
Small NII (times)
RII (times)	11.30x	1.58x
Employee (times)
Other (times)
Total (times)	29.04x	2.28x

Compare with others

India Pesticides IPO	Sona Comstar IPO
Tatva Chintan Pharma IPO	G R Infraprojects IPO
Zomato IPO	India Pesticides IPO
Glenmark Life Sciences IPO	Ruchi Soya FPO
Clean Science IPO	KIMS IPO
G R Infraprojects IPO	Dodla Dairy IPO
Ruchi Soya FPO	POWERGRID InvIT IPO April 2021
KIMS IPO	Shyam Metalics IPO
Dodla Dairy IPO	Lodha Developers IPO
Sona Comstar IPO	Barbeque Nation IPO
POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO

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