Abans Holdings IPO vs Signatureglobal India IPO

Comparision between Abans Holdings IPO and Signatureglobal India IPO.

IPO Details

Abans Holdings IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Signatureglobal India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Abans Holdings IPO	Signatureglobal India 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	Aryaman Financial Services Limited	ICICI Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Abans Holdings IPO is up to ₹345.60 Cr whereas the issue size of the Signatureglobal India IPO is up to ₹730.00 Cr. The final issue price of Abans Holdings IPO is ₹270.00 per share and of Signatureglobal India IPO is ₹385.00 per share.

	Abans Holdings IPO	Signatureglobal India IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹256.00 per share	₹366.00 per share
Issue Price (Upper)	₹270.00 per share	₹385.00 per share
Issue Price (Final)	₹270.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	38 shares
Fresh Issue Size	38,00,000 shares	1,56,62,338 shares
Fresh Issue Size (Amount)	up to ₹102.60 Cr	up to ₹603.00 Cr
OFS Issue Size	90,00,000 shares	32,98,701 shares
OFS Issue Size (Amount)	up to ₹243.00 Cr	up to ₹127.00 Cr
Issue Size Total	1,28,00,000 shares	1,89,61,039 shares
Issue Size Total (Amount)	up to ₹345.60 Cr	up to ₹730.00 Cr

IPO Timetable

Abans Holdings IPO opens on Dec 12, 2022, while Signatureglobal India IPO opens on Sep 20, 2023. The closing date of Abans Holdings IPO and Signatureglobal India IPO is Dec 15, 2022, and Sep 22, 2023, respectively.

	Abans Holdings IPO	Signatureglobal India IPO
Anchor Bid Date	Dec 09, 2022	Sep 18, 2023
Issue Open	Dec 12, 2022	Sep 20, 2023
Issue Close	Dec 15, 2022	Sep 22, 2023
Basis Of Allotment (Tentative)	Dec 20, 2022	Sep 27, 2023
Initiation of Refunds (Tentative)	Dec 21, 2022	Sep 29, 2023
Credit of Share (Tentative)	Dec 22, 2022	Oct 03, 2023
Listing date (Tentative)	Dec 23, 2022	Sep 27, 2023
Anchor Lockin End date 1	Jan 19, 2023	Oct 27, 2023
Anchor Lockin End date 2	Mar 20, 2023	Dec 26, 2023

Financials

Abans Holdings IPO P/E ratio is 18.96, as compared to Signatureglobal India IPO P/E ratio of .

Abans Holdings IPO

Signatureglobal India IPO

Financial

Abans Holdings Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	1212.98	2771.88	39.22	499.55	318.79
31-Mar-21	1181.51	1331.37	45.8	561.95	267.39
31-Mar-22	1168.69	646.23	61.97	631.11	85.9
31-Aug-22	1230.72	288.31	29.74	678.17	76.92
Amount in ₹ Crore

Signatureglobal India IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,930.52	3,762.37	4,430.85	5,999.13
Revenue	263.03	154.72	939.60	1,585.88
Profit After Tax	-56.57	-86.28	-115.50	-63.72
Net Worth	-93.07	-206.87	-352.22	47.54
Reserves and Surplus	-128.87	-210.78	-364.01	34.08
Total Borrowing	969.36	1,176.38	1,157.53	1,709.75

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

97.42%

78.36%

Promoter Shareholding (Post-Issue)

72.09%

69.63%

P/E Ratio

18.96

Market Cap

₹1353.94 Cr.

₹5409.66 Cr.

ROE

-134.0%%

ROCE

1%%

Debt/Equity

34.1

EPS

₹-5.44

RoNW

Shares Offered

In the Abans Holdings IPO retail investors (RII) are offered 76,80,000 shares while in Signatureglobal India IPO retail investors are offered 76,80,000 shares. Qualified institutional buyers (QIB) are offered 12,80,000 shares in Abans Holdings IPO and 59,48,079 shares in Signatureglobal India IPO.

	Abans Holdings IPO	Signatureglobal India IPO
Anchor Investor Reserveration		82,72,700 shares
Market Maker Reserveration
QIB	12,80,000 shares	59,48,079 shares
NII	38,40,000 shares	28,44,156 shares
RII	76,80,000 shares	18,96,104 shares
Employee	0 shares	0 shares
Others
Total	1,28,00,000 shares	1,06,88,339 shares

Bids Received (Subscription)

Abans Holdings IPO subscribed 1.10x in total, whereas Signatureglobal India IPO subscribed 12.50x.

	Abans Holdings IPO	Signatureglobal India IPO
QIB (times)	4.10x	13.37x
NII (times)	1.48x	14.24x
Big NII (times)	2.15x	16.60x
Small NII (times)	0.13x	9.53x
RII (times)	0.40x	7.17x
Employee (times)
Other (times)
Total (times)	1.10x	12.50x

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