Avanse Financial Services IPO vs Sagility India IPO

Comparision between Avanse Financial Services IPO and Sagility India IPO.

IPO Details

Avanse Financial Services IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sagility India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Avanse Financial Services IPO	Sagility 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	Kotak Mahindra Capital Company Limited Avendus Capital Pvt Ltd J.P. Morgan India Private Limited Nomura Financial Advisory And Securities (India) Pvt Ltd Nuvama Wealth Management Limited SBI Capital Markets Limited	ICICI Securities Limited Iifl Securities Ltd Jefferies India Private Limited J.P. Morgan India Private Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Avanse Financial Services IPO is up to ₹3,500.00 Cr whereas the issue size of the Sagility India IPO is up to ₹2,106.60 Cr. The final issue price of Avanse Financial Services IPO is and of Sagility India IPO is .

	Avanse Financial Services IPO	Sagility India IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)		₹28.00 per share
Issue Price (Upper)		₹30.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)		₹2.00 per share
Market Lot Size		500 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr
OFS Issue Size		70,21,99,262 shares
OFS Issue Size (Amount)	up to ₹2,500.00 Cr	up to ₹2,106.60 Cr
Issue Size Total		70,21,99,262 shares
Issue Size Total (Amount)	up to ₹3,500.00 Cr	up to ₹2,106.60 Cr

IPO Timetable

Avanse Financial Services IPO opens on , while Sagility India IPO opens on Nov 05, 2024. The closing date of Avanse Financial Services IPO and Sagility India IPO is , and Nov 07, 2024, respectively.

	Avanse Financial Services IPO	Sagility India IPO
Anchor Bid Date		Nov 04, 2024
Issue Open		Nov 05, 2024
Issue Close		Nov 07, 2024
Basis Of Allotment (Tentative)		Nov 08, 2024
Initiation of Refunds (Tentative)		Nov 08, 2024
Credit of Share (Tentative)		Nov 11, 2024
Listing date (Tentative)		Nov 12, 2024
Anchor Lockin End date 1		Dec 08, 2024
Anchor Lockin End date 2		Feb 06, 2025

Financials

Avanse Financial Services IPO P/E ratio is , as compared to Sagility India IPO P/E ratio of 61.52.

Avanse Financial Services IPO

Sagility India IPO

Financial

Avanse Financial Services Limited Financial Information (Restated Consolidated)

Avanse Financial Services Limited's revenue increased by 75% and profit after tax (PAT) rose by 117% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023
Assets	14,343.84	9,729.95
Revenue	1,728.81	990.23
Profit After Tax	342.4	157.71
Net Worth	3,676.72	2,149.72
Reserves and Surplus	3,560.38	2,040.73
Total Borrowing	10,135.25	7,210.13
Amount in ₹ Crore

Sagility India Limited Financial Information (Restated Consolidated)

Sagility India Limited's revenue increased by 13% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10,388.01	10,664.2	10,590.48	10,096.28
Revenue	1,247.76	4,781.5	4,236.06	944.39
Profit After Tax	22.29	228.27	143.57	-4.67
Net Worth	7,608.16	6,443.13	6,206.67	4,026.62
Reserves and Surplus	2,704.28	1,855.44	4,013.38	2,073.8
Total Borrowing	943.91	1,933.52	2,347.94	4,239.23
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

58.38%

100%

Promoter Shareholding (Post-Issue)

P/E Ratio

61.52

Market Cap

₹14043.99 Cr.

ROE

ROCE

Debt/Equity

0.15

EPS

₹0.49

RoNW

0.29%

Shares Offered

In the Avanse Financial Services IPO retail investors (RII) are offered while in Sagility India IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Avanse Financial Services IPO and 21,00,89,779 shares in Sagility India IPO.

	Avanse Financial Services IPO	Sagility India IPO
Anchor Investor Reserveration		31,51,34,668 shares
Market Maker Reserveration
QIB		21,00,89,779 shares
NII		10,50,44,889 shares
RII		7,00,29,926 shares
Employee		19,00,000 shares
Others
Total		38,70,64,594 shares

Bids Received (Subscription)

Avanse Financial Services IPO subscribed in total, whereas Sagility India IPO subscribed 0.23x.

	Avanse Financial Services IPO	Sagility India IPO
QIB (times)		0.00x
NII (times)		0.08x
Big NII (times)		0.04x
Small NII (times)		0.15x
RII (times)		1.14x
Employee (times)		1.43x
Other (times)
Total (times)		0.23x

Compare with others

Avanse Financial Services IPO	Sagility India IPO
NTPC Green Energy IPO	Avanse Financial Services IPO
Niva Bupa Health Insurance IPO	NTPC Green Energy IPO
Sagility India IPO	Niva Bupa Health Insurance IPO
ACME Solar Holdings IPO	ACME Solar Holdings IPO
Swiggy IPO	Swiggy IPO
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