Aadhar Housing Finance IPO vs Kronox Lab Sciences IPO

Comparision between Aadhar Housing Finance IPO and Kronox Lab Sciences IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Kronox Lab Sciences IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aadhar Housing Finance IPO	Kronox Lab Sciences 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 Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited	Pantomath Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	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 Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Kronox Lab Sciences IPO is up to ₹130.15 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Kronox Lab Sciences IPO is ₹136.00 per share.

	Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹300.00 per share	₹129.00 per share
Issue Price (Upper)	₹315.00 per share	₹136.00 per share
Issue Price (Final)	₹315.00 per share	₹136.00 per share
Discount (Retail)
Discount (Employee)	₹23.00 per share
Market Lot Size	47 shares	110 shares
Fresh Issue Size	3,17,46,032 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr
OFS Issue Size	6,34,92,063 shares	95,70,000 shares
OFS Issue Size (Amount)	up to ₹2,000.00 Cr	up to ₹130.15 Cr
Issue Size Total	9,52,38,095 shares	95,70,000 shares
Issue Size Total (Amount)	up to ₹3,000.00 Cr	up to ₹130.15 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while Kronox Lab Sciences IPO opens on Jun 03, 2024. The closing date of Aadhar Housing Finance IPO and Kronox Lab Sciences IPO is May 10, 2024, and Jun 05, 2024, respectively.

	Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
Anchor Bid Date	May 07, 2024	May 31, 2024
Issue Open	May 08, 2024	Jun 03, 2024
Issue Close	May 10, 2024	Jun 05, 2024
Basis Of Allotment (Tentative)	May 13, 2024	Jun 06, 2024
Initiation of Refunds (Tentative)	May 14, 2024	Jun 07, 2024
Credit of Share (Tentative)	May 14, 2024	Jun 07, 2024
Listing date (Tentative)	May 15, 2024	Jun 10, 2024
Anchor Lockin End date 1	Jun 12, 2024	Jul 06, 2024
Anchor Lockin End date 2	Aug 11, 2024	Sep 04, 2024

Financials

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Kronox Lab Sciences IPO P/E ratio of 30.37.

Aadhar Housing Finance IPO

Kronox Lab Sciences IPO

Financial

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

Aadhar Housing Finance Limited's revenue increased by 18.22% and profit after tax (PAT) rose by 22.22% 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	18,035.57	16,617.87	14,375.81	13,630.33
Revenue	1,895.17	2,043.52	1,728.56	1,575.55
Profit After Tax	547.88	545.34	446.20	340.46
Net Worth	4,249.10	3,697.60	3,146.63	2,692.76
Total Borrowing	13,127.59	12,153.45	10,674.59	10,374.47
Amount in ₹ Crore

Kronox Lab Sciences Limited Financial Information (Restated)

Kronox Lab Sciences Limited's revenue increased by 16.99% and profit after tax (PAT) rose by 21.94% 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	66.96	54.03	56.79	37.65
Revenue	68.44	97.50	83.34	63.24
Profit After Tax	15.47	16.62	13.63	9.73
Net Worth	60.28	44.68	40.35	26.81
Reserves and Surplus	15.56	7.58	40.11	26.57
Total Borrowing			0.64	0.01
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

98.72%

99.98%

Promoter Shareholding (Post-Issue)

76.48%

74.21%

P/E Ratio

22.8

30.37

Market Cap

₹13434.78 Cr.

₹504.61 Cr.

ROE

18.4%%

25.66%%

ROCE

33.15%%

Debt/Equity

3.1

EPS

₹13.81

₹4.48

RoNW

12.9%%

25.66%%

Shares Offered

In the Aadhar Housing Finance IPO retail investors (RII) are offered 3,32,55,556 shares while in Kronox Lab Sciences IPO retail investors are offered 3,32,55,556 shares. Qualified institutional buyers (QIB) are offered 1,90,03,176 shares in Aadhar Housing Finance IPO and 19,14,000 shares in Kronox Lab Sciences IPO.

	Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
Anchor Investor Reserveration	2,85,04,761 shares	28,71,000 shares
Market Maker Reserveration
QIB	1,90,03,176 shares	19,14,000 shares
NII	1,42,52,381 shares	14,35,500 shares
RII	3,32,55,556 shares	33,49,500 shares
Employee	2,39,726 shares	0 shares
Others
Total	6,67,50,839 shares	66,99,000 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Kronox Lab Sciences IPO subscribed 117.25x.

	Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
QIB (times)	76.42x	89.03x
NII (times)	17.33x	301.92x
Big NII (times)	18.90x	322.26x
Small NII (times)	14.19x	261.22x
RII (times)	2.58x	54.24x
Employee (times)	6.88x
Other (times)
Total (times)	26.76x	117.25x

Compare with others

Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
DEE Piping Systems IPO	Vraj Iron and Steel IPO
ixigo IPO	Aasaan Loans IPO
Kronox Lab Sciences IPO	Stanley Lifestyles IPO
Awfis Space Solutions IPO	DEE Piping Systems IPO
Go Digit IPO	ixigo IPO
TBO Tek IPO	Awfis Space Solutions IPO
Indegene IPO	Go Digit IPO
JNK India IPO	Aadhar Housing Finance IPO
VI FPO	TBO Tek IPO
Bharti Hexacom IPO	Indegene IPO

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