IndoStar Capital Finance IPO vs Sandhar Technologies IPO

Comparision between IndoStar Capital Finance IPO and Sandhar Technologies IPO.

IPO Details

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

	IndoStar Capital Finance IPO	Sandhar Technologies 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	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	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
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of IndoStar Capital Finance IPO is up to ₹1,844.00 Cr whereas the issue size of the Sandhar Technologies IPO is up to ₹565.60 Cr. The final issue price of IndoStar Capital Finance IPO is ₹572.00 per share and of Sandhar Technologies IPO is ₹332.00 per share.

	IndoStar Capital Finance IPO	Sandhar Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹570.00 per share	₹327.00 per share
Issue Price (Upper)	₹572.00 per share	₹332.00 per share
Issue Price (Final)	₹572.00 per share	₹332.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	26 shares	45 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹700.00 Cr	up to ₹300.00 Cr
OFS Issue Size	2,00,00,000 shares	80,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	3,22,37,762 shares
Issue Size Total (Amount)	up to ₹1,844.00 Cr	up to ₹565.60 Cr

IPO Timetable

IndoStar Capital Finance IPO opens on May 09, 2018, while Sandhar Technologies IPO opens on Mar 19, 2018. The closing date of IndoStar Capital Finance IPO and Sandhar Technologies IPO is May 11, 2018, and Mar 21, 2018, respectively.

	IndoStar Capital Finance IPO	Sandhar Technologies IPO
Anchor Bid Date
Issue Open	May 09, 2018	Mar 19, 2018
Issue Close	May 11, 2018	Mar 21, 2018
Basis Of Allotment (Tentative)	May 16, 2018
Initiation of Refunds (Tentative)	May 17, 2018
Credit of Share (Tentative)	May 18, 2018
Listing date (Tentative)	May 21, 2018
Anchor Lockin End date 1	Jun 15, 2018
Anchor Lockin End date 2	Aug 14, 2018

Financials

IndoStar Capital Finance IPO P/E ratio is , as compared to Sandhar Technologies IPO P/E ratio of .

IndoStar Capital Finance IPO

Sandhar Technologies IPO

Financial

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

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	8,449.03	7,640.62	7,504.36	6,213.64	5,424.39
Total Revenue	13,743.14	12,933.59	12,624.16	10,438.24	9,643.81
Profit Before Tax	453.30	433.67	478.69	407.61	263.04
Profit After Tax	366.42	322.67	348.37	337.64	208.01

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the IndoStar Capital Finance IPO retail investors (RII) are offered 1,12,98,246 shares while in Sandhar Technologies IPO retail investors are offered 1,12,98,246 shares. Qualified institutional buyers (QIB) are offered 64,35,086 shares in IndoStar Capital Finance IPO and 30,85,505 shares in Sandhar Technologies IPO.

	IndoStar Capital Finance IPO	Sandhar Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	64,35,086 shares	30,85,505 shares
NII	48,42,106 shares	23,36,147 shares
RII	1,12,98,246 shares	54,51,009 shares
Employee
Others
Total	2,25,75,438 shares	1,08,72,661 shares

Bids Received (Subscription)

IndoStar Capital Finance IPO subscribed 6.65x in total, whereas Sandhar Technologies IPO subscribed 6.14x.

	IndoStar Capital Finance IPO	Sandhar Technologies IPO
QIB (times)	16.08x	14.50x
NII (times)	6.91x	6.39x
Big NII (times)
Small NII (times)
RII (times)	1.17x	1.31x
Employee (times)
Other (times)
Total (times)	6.65x	6.14x

Compare with others

IndoStar Capital Finance IPO	Sandhar Technologies IPO
CreditAccess Grameen IPO	RITES Limited IPO
HDFC AMC IPO	IndoStar Capital Finance IPO
Varroc Engineering IPO	Lemon Tree Hotels IPO
Fine Organic IPO	ICICI Securities IPO
RITES Limited IPO	Mishra Dhatu Nigam IPO
Lemon Tree Hotels IPO	Karda Construction IPO
ICICI Securities IPO	Hindustan Aeronautics IPO
Mishra Dhatu Nigam IPO	Bharat Dynamics IPO
Sandhar Technologies IPO	Bandhan Bank IPO
Karda Construction IPO	HG Infra IPO

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