Chalet Hotels Limited IPO vs IRCON International IPO

Comparision between Chalet Hotels Limited IPO and IRCON International IPO.

IPO Details

Chalet Hotels Limited IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while IRCON International IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Chalet Hotels Limited IPO	IRCON International 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 Morgan Stanley India Company Pvt Ltd	Axis Capital Limited Idbi Capital Market Services Limited SBI Capital Markets Limited
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 Chalet Hotels Limited IPO is up to ₹1,641.18 Cr whereas the issue size of the IRCON International IPO is up to ₹470.49 Cr. The final issue price of Chalet Hotels Limited IPO is ₹280.00 per share and of IRCON International IPO is ₹475.00 per share.

	Chalet Hotels Limited IPO	IRCON International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹275.00 per share	₹470.00 per share
Issue Price (Upper)	₹280.00 per share	₹475.00 per share
Issue Price (Final)	₹280.00 per share	₹475.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	53 shares	30 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹950.00 Cr
OFS Issue Size	2,46,85,000 shares
OFS Issue Size (Amount)
Issue Size Total	5,86,13,571 shares	99,05,157 shares
Issue Size Total (Amount)	up to ₹1,641.18 Cr	up to ₹470.49 Cr

IPO Timetable

Chalet Hotels Limited IPO opens on Jan 29, 2019, while IRCON International IPO opens on Sep 17, 2018. The closing date of Chalet Hotels Limited IPO and IRCON International IPO is Jan 31, 2019, and Sep 19, 2018, respectively.

	Chalet Hotels Limited IPO	IRCON International IPO
Anchor Bid Date
Issue Open	Jan 29, 2019	Sep 17, 2018
Issue Close	Jan 31, 2019	Sep 19, 2018
Basis Of Allotment (Tentative)	Feb 05, 2019	Sep 25, 2018
Initiation of Refunds (Tentative)	Feb 06, 2019	Sep 26, 2018
Credit of Share (Tentative)	Feb 07, 2019	Sep 26, 2018
Listing date (Tentative)	Feb 07, 2019	Sep 28, 2018
Anchor Lockin End date 1	Mar 07, 2019	Oct 25, 2018
Anchor Lockin End date 2	May 06, 2019	Dec 24, 2018

Financials

Chalet Hotels Limited IPO P/E ratio is , as compared to IRCON International IPO P/E ratio of .

Chalet Hotels Limited IPO

IRCON International IPO

Financial

Summary of financial Information (Restated)

Particulars	For the year/period ended (in Rs. Million)
	30-Sep-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	37,388.22	38,300.39	37,379.91	35,529.46	34,401.52
Total Revenue	4,970.43	9,295.14	9,245.37	5,975.61	4,670.55
Profit After Tax	-436.69	311.60	1,274.38	-1,124.89	-1,263.91

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15 (Proforma)	31-Mar-14	31-Mar-13
Total Assets	127,782.22	92.314.11	81,394.06	65,210.01	62,134.65	62,389.08
Total Revenue	42,124.02	33,013.48	29,086.37	33,325.05	41,507.70	45,431.58
Profit After Tax	4,115.80	3,839.78	3,931.08	5,630.31	7,469.80	8,048.95

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Millions)
	31-Marc-18	31-Mar-17	31-Mar-16	31-Mar-15(Proforma)	31-Mar-14	31-Mar-13
Total Assets	1,27,079.37	91,676.27	81,367.77	65,287.03	61,718.40	62,393.25
Total Revenue	41,230.59	33,544.28	28,343.49	32,192.33	41,588.22	45,600.59
Profit After Tax	3,908.60	3,688.51	3,693.04	5,591.28	7,403.85	8,131.88

Promoter Shareholding (Pre-Issue)

100% (171,095,293 Equity Shares)

Promoter Shareholding (Post-Issue)

At least 10% of the post-Offer paid-up Equity Shar

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Chalet Hotels Limited IPO retail investors (RII) are offered 2,07,30,659 shares while in IRCON International IPO retail investors are offered 2,07,30,659 shares. Qualified institutional buyers (QIB) are offered 1,17,11,444 shares in Chalet Hotels Limited IPO and 47,02,578 shares in IRCON International IPO.

	Chalet Hotels Limited IPO	IRCON International IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,17,11,444 shares	47,02,578 shares
NII	88,84,569 shares	14,10,774 shares
RII	2,07,30,659 shares	32,91,805 shares
Employee	0 shares	5,00,000 shares
Others
Total	4,13,26,672 shares	99,05,157 shares

Bids Received (Subscription)

Chalet Hotels Limited IPO subscribed 1.57x in total, whereas IRCON International IPO subscribed 9.77x.

	Chalet Hotels Limited IPO	IRCON International IPO
QIB (times)	4.66x	12.29x
NII (times)	1.10x	4.92x
Big NII (times)
Small NII (times)
RII (times)	0.03x	9.66x
Employee (times)		0.36x
Other (times)
Total (times)	1.57x	9.77x

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TCNS Clothing IPO	Garden Reach Shipbuilders IPO
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Varroc Engineering IPO	CreditAccess Grameen IPO
Fine Organic IPO	HDFC AMC IPO

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