Aavas Financiers IPO vs Metropolis IPO

Comparision between Aavas Financiers IPO and Metropolis IPO.

IPO Details

Aavas Financiers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Metropolis IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aavas Financiers IPO	Metropolis 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	Citigroup Global Markets India Private Limited Edelweiss Financial Services Ltd Hdfc Bank Limited ICICI Securities Limited Spark Capital Advisors (India) Private Limited	Credit Suisse Securities (India) Private Limited Goldman Sachs (India) Securities Private Limited Hdfc Bank Limited Jm Financial Limited Kotak Mahindra Capital Company 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 Aavas Financiers IPO is up to ₹1,734.07 Cr whereas the issue size of the Metropolis IPO is up to ₹1,204.29 Cr. The final issue price of Aavas Financiers IPO is ₹821.00 per share and of Metropolis IPO is ₹880.00 per share.

	Aavas Financiers IPO	Metropolis IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹818.00 per share	₹877.00 per share
Issue Price (Upper)	₹821.00 per share	₹880.00 per share
Issue Price (Final)	₹821.00 per share	₹880.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	18 shares	17 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹400.00 Cr
OFS Issue Size	1,62,49,359 shares
OFS Issue Size (Amount)
Issue Size Total	2,11,21,437 shares	1,36,85,095 shares
Issue Size Total (Amount)	up to ₹1,734.07 Cr	up to ₹1,204.29 Cr

IPO Timetable

Aavas Financiers IPO opens on Sep 25, 2018, while Metropolis IPO opens on Apr 03, 2019. The closing date of Aavas Financiers IPO and Metropolis IPO is Sep 27, 2018, and Apr 05, 2019, respectively.

	Aavas Financiers IPO	Metropolis IPO
Anchor Bid Date
Issue Open	Sep 25, 2018	Apr 03, 2019
Issue Close	Sep 27, 2018	Apr 05, 2019
Basis Of Allotment (Tentative)	Oct 03, 2018	Apr 10, 2019
Initiation of Refunds (Tentative)	Oct 04, 2018	Apr 11, 2019
Credit of Share (Tentative)	Oct 05, 2018	Apr 12, 2019
Listing date (Tentative)	Oct 08, 2018	Apr 15, 2019
Anchor Lockin End date 1	Nov 02, 2018	May 10, 2019
Anchor Lockin End date 2	Jan 01, 2019	Jul 09, 2019

Financials

Aavas Financiers IPO P/E ratio is , as compared to Metropolis IPO P/E ratio of .

Aavas Financiers IPO

Metropolis IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	38,174.52	24,506.06	17,107.79	8,523.83	4,179.23
Total Revenue	4,572.45	3,054.92	1,908.99	1,037.55	543.22
Profit After Tax	929.33	571.37	327.80	190.81	63.37

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-18
Total Assets	38,174.01
Total Revenue	4,572.71
Profit After Tax	928.75

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Dec-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	5,838.75	5,303.40	5,151.59	3,959.16
Total Revenue	5,593.06	6,435.67	5,447.24	4,754.69
Profit After Tax	887.71	1,097.47	1,072.57	819.55

Promoter Shareholding (Pre-Issue)

99.71%

Promoter Shareholding (Post-Issue)

49.44%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Aavas Financiers IPO retail investors (RII) are offered 73,92,514 shares while in Metropolis IPO retail investors are offered 73,92,514 shares. Qualified institutional buyers (QIB) are offered 42,24,293 shares in Aavas Financiers IPO and 40,15,529 shares in Metropolis IPO.

	Aavas Financiers IPO	Metropolis IPO
Anchor Investor Reserveration		60,23,293 shares
Market Maker Reserveration
QIB	42,24,293 shares	40,15,529 shares
NII	31,68,220 shares	20,07,764 shares
RII	73,92,514 shares	13,38,509 shares
Employee	0 shares	3,00,000 shares
Others
Total	1,47,85,027 shares	1,36,85,095 shares

Bids Received (Subscription)

Aavas Financiers IPO subscribed 0.97x in total, whereas Metropolis IPO subscribed 5.83x.

	Aavas Financiers IPO	Metropolis IPO
QIB (times)	2.77x	8.88x
NII (times)	0.26x	3.03x
Big NII (times)
Small NII (times)
RII (times)	0.25x	2.15x
Employee (times)		0.05x
Other (times)
Total (times)	0.97x	5.83x

Compare with others

Aavas Financiers IPO	Metropolis IPO
Polycab IPO	Affle IPO
Metropolis IPO	IndiaMart IPO
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MSTC IPO	Rail Vikas IPO
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IRCON International IPO	Embassy Office Parks
Garden Reach Shipbuilders IPO	MSTC IPO
Chalet Hotels Limited IPO	Xelpmoc Design and Tech IPO
TCNS Clothing IPO	Aavas Financiers IPO
CreditAccess Grameen IPO	IRCON International IPO

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