Home First Finance IPO vs Indigo Paints IPO

Comparision between Home First Finance IPO and Indigo Paints IPO.

IPO Details

Home First Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Indigo Paints IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Home First Finance IPO	Indigo Paints 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 Credit Suisse Securities (India) Private Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited	Edelweiss Financial Services Ltd ICICI Securities Limited Kotak Mahindra Capital Company Limited
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 Home First Finance IPO is up to ₹1,153.72 Cr whereas the issue size of the Indigo Paints IPO is up to ₹1,176.00 Cr. The final issue price of Home First Finance IPO is ₹518.00 per share and of Indigo Paints IPO is ₹1,490.00 per share.

	Home First Finance IPO	Indigo Paints IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹517.00 per share	₹1,488.00 per share
Issue Price (Upper)	₹518.00 per share	₹1,490.00 per share
Issue Price (Final)	₹518.00 per share	₹1,490.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	28 shares	10 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹265.00 Cr	up to ₹300.00 Cr
OFS Issue Size		58,40,000 shares
OFS Issue Size (Amount)	up to ₹888.72 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,153.72 Cr	up to ₹1,176.00 Cr

IPO Timetable

Home First Finance IPO opens on Jan 21, 2021, while Indigo Paints IPO opens on Jan 20, 2021. The closing date of Home First Finance IPO and Indigo Paints IPO is Jan 25, 2021, and Jan 22, 2021, respectively.

	Home First Finance IPO	Indigo Paints IPO
Anchor Bid Date
Issue Open	Jan 21, 2021	Jan 20, 2021
Issue Close	Jan 25, 2021	Jan 22, 2021
Basis Of Allotment (Tentative)	Jan 29, 2021	Jan 28, 2021
Initiation of Refunds (Tentative)	Feb 01, 2021	Jan 29, 2021
Credit of Share (Tentative)	Feb 02, 2021	Feb 01, 2021
Listing date (Tentative)	Feb 03, 2021	Feb 02, 2021
Anchor Lockin End date 1	Feb 28, 2021	Feb 27, 2021
Anchor Lockin End date 2	Apr 29, 2021	Apr 28, 2021

Financials

Home First Finance IPO P/E ratio is , as compared to Indigo Paints IPO P/E ratio of .

Home First Finance IPO

Indigo Paints IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	37,221.96	34,796.11	24,820.05	13,649.42
Total Revenue	2,431.93	4,196.57	2,709.21	1,342.37
Profit After Tax	529.53	792.49	452.04	159.96

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,112.91	4,219.59	3,731.83	2,973.94
Total Revenue	2,602.43	6,264.36	5,372.62	4,031.05
Profit After Tax	272.05	478.15	268.70	128.62

Promoter Shareholding (Pre-Issue)

52.85%

60.05%

Promoter Shareholding (Post-Issue)

33.70%

54%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Home First Finance IPO retail investors (RII) are offered 78,10,475 shares while in Indigo Paints IPO retail investors are offered 78,10,475 shares. Qualified institutional buyers (QIB) are offered 44,63,127 shares in Home First Finance IPO and 15,56,690 shares in Indigo Paints IPO.

	Home First Finance IPO	Indigo Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	44,63,127 shares	15,56,690 shares
NII	33,47,346 shares	11,67,514 shares
RII	78,10,475 shares	27,24,198 shares
Employee	0 shares	70,000 shares
Others
Total	1,56,20,948 shares	55,18,402 shares

Bids Received (Subscription)

Home First Finance IPO subscribed 26.66x in total, whereas Indigo Paints IPO subscribed 117.02x.

	Home First Finance IPO	Indigo Paints IPO
QIB (times)	52.53x	189.57x
NII (times)	39.00x	263.05x
Big NII (times)
Small NII (times)
RII (times)	6.59x	15.93x
Employee (times)		2.50x
Other (times)
Total (times)	26.66x	117.02x

Compare with others

Home First Finance IPO	Indigo Paints IPO
MTAR Technologies IPO	Heranba Industries IPO
Heranba Industries IPO	Nureca limited IPO
Nureca limited IPO	Brookfield India REIT
Brookfield India REIT	Stove Kraft IPO
Stove Kraft IPO	Home First Finance IPO
Indigo Paints IPO	Antony Waste IPO
Antony Waste IPO	Mrs. Bectors Food IPO
Mrs. Bectors Food IPO	IRFC IPO
IRFC IPO	Burger King IPO
Burger King IPO	RailTel IPO

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