EaseMyTrip IPO vs Stove Kraft IPO

Comparision between EaseMyTrip IPO and Stove Kraft IPO.

IPO Details

EaseMyTrip IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	EaseMyTrip IPO	Stove Kraft 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	Edelweiss Financial Services Ltd Jm Financial 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 EaseMyTrip IPO is up to ₹510.00 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.63 Cr. The final issue price of EaseMyTrip IPO is ₹187.00 per share and of Stove Kraft IPO is ₹385.00 per share.

	EaseMyTrip IPO	Stove Kraft IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹186.00 per share	₹384.00 per share
Issue Price (Upper)	₹187.00 per share	₹385.00 per share
Issue Price (Final)	₹187.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	80 shares	38 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹95.00 Cr
OFS Issue Size		82,50,000 shares
OFS Issue Size (Amount)	up to ₹510.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹510.00 Cr	up to ₹412.63 Cr

IPO Timetable

EaseMyTrip IPO opens on Mar 08, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of EaseMyTrip IPO and Stove Kraft IPO is Mar 10, 2021, and Jan 28, 2021, respectively.

	EaseMyTrip IPO	Stove Kraft IPO
Anchor Bid Date
Issue Open	Mar 08, 2021	Jan 25, 2021
Issue Close	Mar 10, 2021	Jan 28, 2021
Basis Of Allotment (Tentative)	Mar 16, 2021	Feb 02, 2021
Initiation of Refunds (Tentative)	Mar 17, 2021	Feb 03, 2021
Credit of Share (Tentative)	Mar 18, 2021	Feb 04, 2021
Listing date (Tentative)	Mar 19, 2021	Feb 05, 2021
Anchor Lockin End date 1	Apr 15, 2021	Mar 04, 2021
Anchor Lockin End date 2	Jun 14, 2021	May 03, 2021

Financials

EaseMyTrip IPO P/E ratio is , as compared to Stove Kraft IPO P/E ratio of .

EaseMyTrip IPO

Stove Kraft IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,569.66	2,823.37	2,430.88	1,802.89
Total Revenue	815.72	1,797.24	1,511.11	1,135.74
Profit After Tax	311.09	346.48	239.93	0.30

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,984.99	4,712.91	4,257.26	3,936.42
Total Revenue	3,295.09	6,729.14	6,425.98	5,345.85
Profit After Tax	287.76	31.70	7.36	(120.18)

Promoter Shareholding (Pre-Issue)

100%

61.31%

Promoter Shareholding (Post-Issue)

75%

54.36%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the EaseMyTrip IPO retail investors (RII) are offered 27,41,935 shares while in Stove Kraft IPO retail investors are offered 27,41,935 shares. Qualified institutional buyers (QIB) are offered 82,25,806 shares in EaseMyTrip IPO and 32,15,260 shares in Stove Kraft IPO.

	EaseMyTrip IPO	Stove Kraft IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	82,25,806 shares	32,15,260 shares
NII	41,12,903 shares	16,07,629 shares
RII	27,41,935 shares	10,71,753 shares
Employee	0 shares	0 shares
Others
Total	1,50,80,644 shares	58,94,642 shares

Bids Received (Subscription)

EaseMyTrip IPO subscribed 159.33x in total, whereas Stove Kraft IPO subscribed 18.03x.

	EaseMyTrip IPO	Stove Kraft IPO
QIB (times)	77.53x	8.02x
NII (times)	382.21x	32.72x
Big NII (times)
Small NII (times)
RII (times)	70.40x	26.04x
Employee (times)
Other (times)
Total (times)	159.33x	18.03x

Compare with others

EaseMyTrip IPO	Stove Kraft IPO
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MTAR Technologies IPO	Home First Finance IPO
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Brookfield India REIT	Mrs. Bectors Food IPO
Stove Kraft IPO	IRFC IPO

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