Archean Chemical IPO vs Keystone Realtors IPO

Comparision between Archean Chemical IPO and Keystone Realtors IPO.

IPO Details

Archean Chemical IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Keystone Realtors IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Archean Chemical IPO	Keystone Realtors 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	Iifl Securities Ltd ICICI Securities Limited Jm Financial Limited	Axis Capital Limited Credit Suisse Securities (India) Private Limited
Registrar	Link Intime India Private Ltd	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 Archean Chemical IPO is up to ₹1,462.31 Cr whereas the issue size of the Keystone Realtors IPO is up to ₹635.00 Cr. The final issue price of Archean Chemical IPO is ₹407.00 per share and of Keystone Realtors IPO is ₹541.00 per share.

	Archean Chemical IPO	Keystone Realtors IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹386.00 per share	₹514.00 per share
Issue Price (Upper)	₹407.00 per share	₹541.00 per share
Issue Price (Final)	₹407.00 per share	₹541.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	36 shares	27 shares
Fresh Issue Size	1,97,78,870 shares	1,03,51,201 shares
Fresh Issue Size (Amount)	up to ₹805.00 Cr	up to ₹560.00 Cr
OFS Issue Size	1,61,50,000 shares	13,86,322 shares
OFS Issue Size (Amount)	up to ₹657.31 Cr	up to ₹75.00 Cr
Issue Size Total	3,59,28,870 shares	1,17,37,523 shares
Issue Size Total (Amount)	up to ₹1,462.31 Cr	up to ₹635.00 Cr

IPO Timetable

Archean Chemical IPO opens on Nov 09, 2022, while Keystone Realtors IPO opens on Nov 14, 2022. The closing date of Archean Chemical IPO and Keystone Realtors IPO is Nov 11, 2022, and Nov 16, 2022, respectively.

	Archean Chemical IPO	Keystone Realtors IPO
Anchor Bid Date
Issue Open	Nov 09, 2022	Nov 14, 2022
Issue Close	Nov 11, 2022	Nov 16, 2022
Basis Of Allotment (Tentative)	Nov 16, 2022	Nov 21, 2022
Initiation of Refunds (Tentative)	Nov 17, 2022	Nov 22, 2022
Credit of Share (Tentative)	Nov 18, 2022	Nov 23, 2022
Listing date (Tentative)	Nov 21, 2022	Nov 24, 2022
Anchor Lockin End date 1	Dec 16, 2022	Dec 21, 2022
Anchor Lockin End date 2	Feb 14, 2023	Feb 19, 2023

Financials

Archean Chemical IPO P/E ratio is 16.78, as compared to Keystone Realtors IPO P/E ratio of 365.54.

Archean Chemical IPO

Keystone Realtors IPO

Financial

Archean Chemical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1260.51	572.91	39.97	42.37	772.02
31-Mar-20	1428.6	617	-36.24	5.97	929.26
31-Mar-22	1529.68	1142.83	188.58	261.06	921.87
30-Jun-22	1606.65	408.82	84.41	345.44	915.58
Amount in ₹ Crore

Keystone Realtors Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Total Borrowing
31-Mar-19	4153.07	2142.65	137.74	1372.4
31-Mar-20	4415.31	1268.6	14.49	1220.26
31-Mar-21	3654.1	1177.27	231.82	2513.9
30-Jun-21	3676.24	91.4	-0.97	1145.56
31-Mar-22	3876.84	1302.97	135.83	1557.96
30-Jun-22	3910.15	176	4.22	1468.83
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

65.58%

96.71%

Promoter Shareholding (Post-Issue)

53.41%

87.92%

P/E Ratio

16.78

365.54

Market Cap

₹5665.56 Cr.

₹6160.77 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Archean Chemical IPO retail investors (RII) are offered 37,00,492 shares while in Keystone Realtors IPO retail investors are offered 37,00,492 shares. Qualified institutional buyers (QIB) are offered 1,07,06,095 shares in Archean Chemical IPO and 24,70,816 shares in Keystone Realtors IPO.

	Archean Chemical IPO	Keystone Realtors IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,07,06,095 shares	24,70,816 shares
NII	55,50,738 shares	18,53,113 shares
RII	37,00,492 shares	43,23,929 shares
Employee	0 shares	0 shares
Others
Total	1,99,57,325 shares	86,47,858 shares

Bids Received (Subscription)

Archean Chemical IPO subscribed 32.23x in total, whereas Keystone Realtors IPO subscribed 2.01x.

	Archean Chemical IPO	Keystone Realtors IPO
QIB (times)	48.91x	3.84x
NII (times)	14.90x	3.03x
Big NII (times)	16.90x	3.78x
Small NII (times)	10.92x	1.53x
RII (times)	9.96x	0.53x
Employee (times)
Other (times)
Total (times)	32.23x	2.01x

Compare with others

Archean Chemical IPO	Keystone Realtors IPO
Sula Vineyards IPO	Sah Polymers IPO
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Keystone Realtors IPO	Dharmaj Crop Guard IPO
Inox Green Energy IPO	Landmark Cars IPO
Bikaji Foods IPO	Inox Green Energy IPO
Fusion Micro Finance IPO	Archean Chemical IPO
Global Health IPO	Bikaji Foods IPO
Five Star Business Finance IPO	Fusion Micro Finance IPO
Uniparts India IPO	Global Health IPO

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