Bharti Hexacom IPO vs Popular Vehicles & Services IPO

Comparision between Bharti Hexacom IPO and Popular Vehicles & Services IPO.

IPO Details

Bharti Hexacom IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Popular Vehicles & Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharti Hexacom IPO	Popular Vehicles & Services 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	SBI Capital Markets Limited Axis Capital Limited Bob Capital Markets Limited ICICI Securities Limited Iifl Securities Ltd	ICICI Securities Limited Nuvama Wealth Management Limited Centrum Capital Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the Popular Vehicles & Services IPO is up to ₹601.55 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of Popular Vehicles & Services IPO is ₹295.00 per share.

	Bharti Hexacom IPO	Popular Vehicles & Services IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹542.00 per share	₹280.00 per share
Issue Price (Upper)	₹570.00 per share	₹295.00 per share
Issue Price (Final)	₹570.00 per share	₹295.00 per share
Discount (Retail)
Discount (Employee)		₹28.00 per share
Market Lot Size	26 shares	50 shares
Fresh Issue Size		84,78,130 shares
Fresh Issue Size (Amount)		up to ₹250.00 Cr
OFS Issue Size	7,50,00,000 shares	1,19,17,075 shares
OFS Issue Size (Amount)	up to ₹4,275.00 Cr	up to ₹351.55 Cr
Issue Size Total	7,50,00,000 shares	2,03,95,205 shares
Issue Size Total (Amount)	up to ₹4,275.00 Cr	up to ₹601.55 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while Popular Vehicles & Services IPO opens on Mar 12, 2024. The closing date of Bharti Hexacom IPO and Popular Vehicles & Services IPO is Apr 05, 2024, and Mar 14, 2024, respectively.

	Bharti Hexacom IPO	Popular Vehicles & Services IPO
Anchor Bid Date	Apr 02, 2024	Mar 11, 2024
Issue Open	Apr 03, 2024	Mar 12, 2024
Issue Close	Apr 05, 2024	Mar 14, 2024
Basis Of Allotment (Tentative)	Apr 08, 2024	Mar 15, 2024
Initiation of Refunds (Tentative)	Apr 10, 2024	Mar 18, 2024
Credit of Share (Tentative)	Apr 10, 2024	Mar 18, 2024
Listing date (Tentative)	Apr 12, 2024	Mar 19, 2024
Anchor Lockin End date 1	May 08, 2024	Apr 14, 2024
Anchor Lockin End date 2	Jul 07, 2024	Jun 13, 2024

Financials

Bharti Hexacom IPO P/E ratio is 51.89, as compared to Popular Vehicles & Services IPO P/E ratio of 28.88.

Bharti Hexacom IPO

Popular Vehicles & Services IPO

Financial

Bharti Hexacom Limited Financial Information (Restated Standalone)

Bharti Hexacom Limited's revenue increased by 22.3% and profit after tax (PAT) dropped by -67.2% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	19,603.00	18,252.90	16,674.30	15,003.50
Revenue	5,420.80	6,719.20	5,494.00	4,704.30
Profit After Tax	281.80	549.20	1,674.60	1,033.90
Net Worth	3,978.80	3,972.20	3,573.20	1,898.70
Reserves and Surplus	4,166.10	3,959.50	3,410.50	1,736.00
Total Borrowing	6,253.00	6,269.30	7,198.30	5,975.20
Amount in ₹ Crore

Popular Vehicles & Services Limited Financial Information (Restated Consolidated)

Popular Vehicles & Services Limited's revenue increased by 40.42% and profit after tax (PAT) rose by 90.31% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,941.78	1,503.78	1,263.29	1,118.94
Revenue	2,848.21	4,892.63	3,484.20	2,919.25
Profit After Tax	40.04	64.07	33.67	32.46
Net Worth	384.21	343.04	279.89	246.00
Reserves and Surplus	371.67	330.50	267.34	233.46
Total Borrowing	764.61	505.01	371.91	353.04
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

70.00%

69.45%

Promoter Shareholding (Post-Issue)

70.00%

61.17%

P/E Ratio

51.89

28.88

Market Cap

₹28500.00 Cr.

₹2100.28 Cr.

ROE

10.42%%

ROCE

8.83%%

Debt/Equity

1.41

1.99

EPS

₹10.98

₹10.22

RoNW

7.08%%

10.42%%

Shares Offered

In the Bharti Hexacom IPO retail investors (RII) are offered 75,00,000 shares while in Popular Vehicles & Services IPO retail investors are offered 75,00,000 shares. Qualified institutional buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 40,71,551 shares in Popular Vehicles & Services IPO.

	Bharti Hexacom IPO	Popular Vehicles & Services IPO
Anchor Investor Reserveration	3,37,50,000 shares	61,07,325 shares
Market Maker Reserveration
QIB	2,25,00,000 shares	40,71,551 shares
NII	1,12,50,000 shares	30,53,663 shares
RII	75,00,000 shares	71,25,213 shares
Employee	0 shares	37,453 shares
Others
Total	4,12,50,000 shares	1,42,87,880 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas Popular Vehicles & Services IPO subscribed 1.25x.

	Bharti Hexacom IPO	Popular Vehicles & Services IPO
QIB (times)	48.57x	1.92x
NII (times)	10.52x	0.67x
Big NII (times)	12.27x	0.67x
Small NII (times)	7.00x	0.68x
RII (times)	2.83x	1.07x
Employee (times)		8.04x
Other (times)
Total (times)	29.88x	1.25x

Compare with others

Bharti Hexacom IPO	Popular Vehicles & Services IPO
Aadhar Housing Finance IPO	Indegene IPO
TBO Tek IPO	JNK India IPO
Indegene IPO	VI FPO
JNK India IPO	Bharti Hexacom IPO
VI FPO	SRM Contractors IPO
SRM Contractors IPO	Gopal Namkeen IPO
Popular Vehicles & Services IPO	Krystal Integrated Services IPO
Gopal Namkeen IPO	JG Chemicals IPO
Krystal Integrated Services IPO	Bharat Highways InvIT
JG Chemicals IPO	GPT Healthcare IPO

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