Landmark Cars IPO vs Sula Vineyards IPO

Comparision between Landmark Cars IPO and Sula Vineyards IPO.

IPO Details

Landmark Cars IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sula Vineyards IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Landmark Cars IPO	Sula Vineyards 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 ICICI Securities Limited	Kotak Mahindra Capital Company Limited Clsa India Private Limited Iifl Securities Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Landmark Cars IPO is up to ₹552.00 Cr whereas the issue size of the Sula Vineyards IPO is up to ₹960.35 Cr. The final issue price of Landmark Cars IPO is ₹506.00 per share and of Sula Vineyards IPO is ₹357.00 per share.

	Landmark Cars IPO	Sula Vineyards IPO
Face Value	₹5 per share	₹2 per share
Issue Price (Lower)	₹481.00 per share	₹340.00 per share
Issue Price (Upper)	₹506.00 per share	₹357.00 per share
Issue Price (Final)	₹506.00 per share	₹357.00 per share
Discount (Retail)
Discount (Employee)	₹48.00 per share
Market Lot Size	29 shares	42 shares
Fresh Issue Size	29,64,427 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr
OFS Issue Size	79,44,664 shares	2,69,00,530 shares
OFS Issue Size (Amount)	up to ₹402.00 Cr	up to ₹960.35 Cr
Issue Size Total	1,09,09,091 shares	2,69,00,530 shares
Issue Size Total (Amount)	up to ₹552.00 Cr	up to ₹960.35 Cr

IPO Timetable

Landmark Cars IPO opens on Dec 13, 2022, while Sula Vineyards IPO opens on Dec 12, 2022. The closing date of Landmark Cars IPO and Sula Vineyards IPO is Dec 15, 2022, and Dec 14, 2022, respectively.

	Landmark Cars IPO	Sula Vineyards IPO
Anchor Bid Date	Dec 12, 2022	Dec 09, 2022
Issue Open	Dec 13, 2022	Dec 12, 2022
Issue Close	Dec 15, 2022	Dec 14, 2022
Basis Of Allotment (Tentative)	Dec 20, 2022	Dec 19, 2022
Initiation of Refunds (Tentative)	Dec 21, 2022	Dec 20, 2022
Credit of Share (Tentative)	Dec 22, 2022	Dec 21, 2022
Listing date (Tentative)	Dec 23, 2022	Dec 22, 2022
Anchor Lockin End date 1	Jan 19, 2023	Jan 18, 2023
Anchor Lockin End date 2	Mar 20, 2023	Mar 19, 2023

Financials

Landmark Cars IPO P/E ratio is 27.61, as compared to Sula Vineyards IPO P/E ratio of 49.24.

Landmark Cars IPO

Sula Vineyards IPO

Financial

Landmark Cars Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1008.03	2834.62	-24.43	187.96	478.78
31-Mar-20	831.77	2228.93	-28.94	169.12	357.91
31-Mar-21	887.9	1966.34	11.15	181.78	327.44
31-Mar-22	1085.38	2989.12	66.18	246.94	308.49
30-Jun-22	1209.37	801.9	18.14	268.27	464.36
Amount in ₹ Crore

Sula Vineyards Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	831.04	523.21	-15.94	299.95	368.24
31-Mar-21	751.6	421.53	3.01	304.74	301.26
30-Sep-21	717.55	160.46	4.53	344.32	262.45
31-Mar-22	758.56	456.7	52.14	395.26	228.93
30-Sep-22	770.95	225.76	30.51	449.18	214.64
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

60.24%

28.44%

Promoter Shareholding (Post-Issue)

44.61%

27.33%

P/E Ratio

27.61

49.24

Market Cap

₹2003.26 Cr.

₹3005.90 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Landmark Cars IPO retail investors (RII) are offered 40,09,355 shares while in Sula Vineyards IPO retail investors are offered 40,09,355 shares. Qualified institutional buyers (QIB) are offered 22,91,061 shares in Landmark Cars IPO and 53,80,106 shares in Sula Vineyards IPO.

	Landmark Cars IPO	Sula Vineyards IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	22,91,061 shares	53,80,106 shares
NII	17,18,295 shares	40,35,080 shares
RII	40,09,355 shares	94,15,186 shares
Employee	23,094 shares	0 shares
Others
Total	80,41,805 shares	1,88,30,372 shares

Bids Received (Subscription)

Landmark Cars IPO subscribed 3.06x in total, whereas Sula Vineyards IPO subscribed 2.33x.

	Landmark Cars IPO	Sula Vineyards IPO
QIB (times)	8.71x	4.13x
NII (times)	1.32x	1.51x
Big NII (times)	1.59x	1.69x
Small NII (times)	0.78x	1.15x
RII (times)	0.59x	1.65x
Employee (times)	2.93x
Other (times)
Total (times)	3.06x	2.33x

Compare with others

Landmark Cars IPO	Sula Vineyards IPO
Abans Holdings IPO	Radiant Cash Management IPO
Sah Polymers IPO	KFin Technologies IPO
Elin Electronics IPO	Abans Holdings IPO
Sula Vineyards IPO	Sah Polymers IPO
Dharmaj Crop Guard IPO	Elin Electronics IPO
Keystone Realtors IPO	Dharmaj Crop Guard IPO
Inox Green Energy IPO	Landmark Cars IPO
Archean Chemical IPO	Keystone Realtors IPO
Bikaji Foods IPO	Inox Green Energy IPO
Fusion Micro Finance IPO	Archean Chemical IPO

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