India Shelter Finance IPO vs TVS Supply Chain Solutions IPO

Comparision between India Shelter Finance IPO and TVS Supply Chain Solutions IPO.

IPO Details

India Shelter Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	India Shelter Finance IPO	TVS Supply Chain Solutions 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 Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Ambit Private Limited	Jm Financial Limited Axis Capital Limited J.P. Morgan India Private Limited Bnp Paribas Equirus Capital Private Limited Nuvama Wealth Management 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 India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

	India Shelter Finance IPO	TVS Supply Chain Solutions IPO
Face Value	₹5 per share	₹1 per share
Issue Price (Lower)	₹469.00 per share	₹187.00 per share
Issue Price (Upper)	₹493.00 per share	₹197.00 per share
Issue Price (Final)	₹493.00 per share	₹197.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	76 shares
Fresh Issue Size	1,62,27,181 shares	3,04,56,853 shares
Fresh Issue Size (Amount)	up to ₹800.00 Cr	up to ₹600.00 Cr
OFS Issue Size	81,13,590 shares	1,42,13,198 shares
OFS Issue Size (Amount)	up to ₹400.00 Cr	up to ₹280.00 Cr
Issue Size Total	2,43,40,771 shares	4,46,70,051 shares
Issue Size Total (Amount)	up to ₹1,200.00 Cr	up to ₹880.00 Cr

IPO Timetable

India Shelter Finance IPO opens on Dec 13, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of India Shelter Finance IPO and TVS Supply Chain Solutions IPO is Dec 15, 2023, and Aug 14, 2023, respectively.

	India Shelter Finance IPO	TVS Supply Chain Solutions IPO
Anchor Bid Date	Dec 12, 2023	Aug 09, 2023
Issue Open	Dec 13, 2023	Aug 10, 2023
Issue Close	Dec 15, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Dec 18, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Dec 19, 2023	Aug 21, 2023
Credit of Share (Tentative)	Dec 19, 2023	Aug 22, 2023
Listing date (Tentative)	Dec 20, 2023	Aug 23, 2023
Anchor Lockin End date 1	Jan 17, 2024	Sep 17, 2023
Anchor Lockin End date 2	Mar 17, 2024	Nov 16, 2023

Financials

India Shelter Finance IPO P/E ratio is 28.22, as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

India Shelter Finance IPO

TVS Supply Chain Solutions IPO

Financial

India Shelter Finance Corporation Limited Financial Information (Restated Consolidated)

India Shelter Finance Corporation Limited's revenue increased by 31.84% and profit after tax (PAT) rose by 20.94% 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	4,758.68	4,295.59	3,221.22	2,462.64
Revenue	398.58	606.23	459.81	322.80
Profit After Tax	107.35	155.34	128.45	87.39
Net Worth	1,374.97	1,240.53	1,076.13	937.27
Reserves and Surplus	1,335.36	1,197.98	1,033.02	894.20
Total Borrowing	3,272.48	2,973.43	2,059.40	1,480.72
Amount in ₹ Crore

TVS Supply Chain Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,462.92	4,990.06	5,789.73	6,210.92
Revenue	6,792.76	6,999.69	9,299.94	10,311.01
Profit After Tax	-248.00	-76.34	-45.80	41.76
Net Worth	510.80	490.69	714.00	723.55
Reserves and Surplus	493.35	473.94	713.76	774.19
Total Borrowing	2,160.12	1,547.92	1,763.78	1,989.62

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

56.75%

46.65%

Promoter Shareholding (Post-Issue)

48.17%

41.6%

P/E Ratio

28.22

189.42

Market Cap

₹5277.62 Cr.

₹8746.00 Cr.

ROE

13.4%%

5.50%%

ROCE

7.64%%

Debt/Equity

2.12

EPS

₹17.47

₹1.04

RoNW

13.4%%

5.50%%

Shares Offered

In the India Shelter Finance IPO retail investors (RII) are offered 85,19,270 shares while in TVS Supply Chain Solutions IPO retail investors are offered 85,19,270 shares. Qualified institutional buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

	India Shelter Finance IPO	TVS Supply Chain Solutions IPO
Anchor Investor Reserveration	73,02,229 shares	2,01,01,522 shares
Market Maker Reserveration
QIB	48,68,154 shares	1,34,01,016 shares
NII	36,51,116 shares	67,00,507 shares
RII	85,19,270 shares	44,67,005 shares
Employee	0 shares	0 shares
Others
Total	1,70,38,540 shares	2,45,68,529 shares

Bids Received (Subscription)

India Shelter Finance IPO subscribed 38.59x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

	India Shelter Finance IPO	TVS Supply Chain Solutions IPO
QIB (times)	94.29x	1.37x
NII (times)	29.97x	2.44x
Big NII (times)	29.77x	2.39x
Small NII (times)	30.37x	2.55x
RII (times)	10.46x	7.89x
Employee (times)
Other (times)
Total (times)	38.59x	2.85x

Compare with others

India Shelter Finance IPO	TVS Supply Chain Solutions IPO
Rishabh Instruments IPO	Vishnu Prakash R Punglia IPO
Ratnaveer Precision Engineering IPO	Aeroflex Industries IPO
Vishnu Prakash R Punglia IPO	Pyramid Technoplast IPO
Aeroflex Industries IPO	India Shelter Finance IPO
Pyramid Technoplast IPO	Balaji Speciality Chemicals IPO
Balaji Speciality Chemicals IPO	Concord Biotech IPO
TVS Supply Chain Solutions IPO	SBFC Finance IPO
Concord Biotech IPO	Yatharth Hospital IPO
SBFC Finance IPO	Netweb Technologies India IPO
Yatharth Hospital IPO	Utkarsh Small Finance Bank IPO

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