Affle IPO vs Polycab IPO

Comparision between Affle IPO and Polycab IPO.

IPO Details

Affle IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Polycab IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Affle IPO	Polycab 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	ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Axis Capital Limited Citigroup Global Markets India Private Limited Edelweiss Financial Services Ltd Iifl Securities Ltd Kotak Mahindra Capital Company Limited Yes Securities (India) 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 Affle IPO is up to ₹459.00 Cr whereas the issue size of the Polycab IPO is up to ₹1,346.00 Cr. The final issue price of Affle IPO is ₹745.00 per share and of Polycab IPO is ₹538.00 per share.

	Affle IPO	Polycab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹740.00 per share	₹533.00 per share
Issue Price (Upper)	₹745.00 per share	₹538.00 per share
Issue Price (Final)	₹745.00 per share	₹538.00 per share
Discount (Retail)
Discount (Employee)		₹53.00 per share
Market Lot Size	20 shares	27 shares
Fresh Issue Size	12,16,200 shares
Fresh Issue Size (Amount)	up to ₹90.00 Cr	up to ₹400.00 Cr
OFS Issue Size	49,53,020 shares	1,75,82,000 shares
OFS Issue Size (Amount)	up to ₹369.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹459.00 Cr	up to ₹1,346.00 Cr

IPO Timetable

Affle IPO opens on Jul 29, 2019, while Polycab IPO opens on Apr 05, 2019. The closing date of Affle IPO and Polycab IPO is Jul 31, 2019, and Apr 09, 2019, respectively.

	Affle IPO	Polycab IPO
Anchor Bid Date
Issue Open	Jul 29, 2019	Apr 05, 2019
Issue Close	Jul 31, 2019	Apr 09, 2019
Basis Of Allotment (Tentative)	Aug 05, 2019	Apr 12, 2019
Initiation of Refunds (Tentative)	Aug 06, 2019	Apr 15, 2019
Credit of Share (Tentative)	Aug 07, 2019	Apr 16, 2019
Listing date (Tentative)	Aug 08, 2019	Apr 16, 2019
Anchor Lockin End date 1	Sep 04, 2019	May 12, 2019
Anchor Lockin End date 2	Nov 03, 2019	Jul 11, 2019

Financials

Affle IPO P/E ratio is , as compared to Polycab IPO P/E ratio of .

Affle IPO

Polycab IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	935.85	580.31	486.89	539.05	288.71	141.01
Total Revenue	1,177.94	837.56	656.29	879.71	393.27	148.36
Profit After Tax	166.79	88.31	3.30	23.94	22.55	12.91
For Fiscal 2019 on a Proforma Basis, revenue from operations was Rs 2,686.09 mn and profit after tax was Rs 517.90 mn

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	53,859.07	44,432.58	45,788.08	38,747.40
Total Revenue	55,067.00	69,239.17	60,470.08	57,142.41
Profit After Tax	3,582.23	3,709.20	2,329.56	1,847.04

Promoter Shareholding (Pre-Issue)

92.17%

78.94%

Promoter Shareholding (Post-Issue)

68.4%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Affle IPO retail investors (RII) are offered 6,16,923 shares while in Polycab IPO retail investors are offered 6,16,923 shares. Qualified institutional buyers (QIB) are offered 18,35,713 shares in Affle IPO and 50,04,328 shares in Polycab IPO.

	Affle IPO	Polycab IPO
Anchor Investor Reserveration	27,72,483 shares
Market Maker Reserveration
QIB	18,35,713 shares	50,04,328 shares
NII	9,25,385 shares	37,37,535 shares
RII	6,16,923 shares	87,20,914 shares
Employee	0 shares	1,75,000 shares
Others
Total	33,78,021 shares	1,76,37,777 shares

Bids Received (Subscription)

Affle IPO subscribed 86.48x in total, whereas Polycab IPO subscribed 51.88x.

	Affle IPO	Polycab IPO
QIB (times)	55.31x	92.44x
NII (times)	198.69x	110.42x
Big NII (times)
Small NII (times)
RII (times)	10.94x	4.50x
Employee (times)		3.19x
Other (times)
Total (times)	86.48x	51.88x

Compare with others

Affle IPO	Polycab IPO
CSB Bank IPO	Spandana Sphoorty IPO
IRCTC IPO	Affle IPO
Vishwaraj IPO	IndiaMart IPO
Sterling and Wilson IPO	Neogen Chemicals IPO
Spandana Sphoorty IPO	Rail Vikas IPO
IndiaMart IPO	Metropolis IPO
Neogen Chemicals IPO	Embassy Office Parks
Rail Vikas IPO	MSTC IPO
Polycab IPO	Xelpmoc Design and Tech IPO
Metropolis IPO	Aavas Financiers IPO

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