Avanse Financial Services IPO vs Vishal Mega Mart IPO

Comparision between Avanse Financial Services IPO and Vishal Mega Mart IPO.

IPO Details

Avanse Financial Services IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vishal Mega Mart IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Avanse Financial Services IPO	Vishal Mega Mart 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	Kotak Mahindra Capital Company Limited ICICI Securities Limited Intensive Fiscal Services Private Limited Jefferies India Private Limited J.P. Morgan India Private Limited Morgan Stanley India Company Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Vishal Mega Mart IPO is up to ₹8,000.00 Cr. The final issue price of Avanse Financial Services IPO is and of Vishal Mega Mart IPO is .

	Avanse Financial Services IPO	Vishal Mega Mart IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)		₹74.00 per share
Issue Price (Upper)		₹78.00 per share
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size		190 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr
OFS Issue Size		1,02,56,41,025 shares
OFS Issue Size (Amount)	up to ₹2,500.00 Cr	up to ₹8,000.00 Cr
Issue Size Total		1,02,56,41,025 shares
Issue Size Total (Amount)	up to ₹3,500.00 Cr	up to ₹8,000.00 Cr

IPO Timetable

Avanse Financial Services IPO opens on , while Vishal Mega Mart IPO opens on Dec 11, 2024. The closing date of Avanse Financial Services IPO and Vishal Mega Mart IPO is , and Dec 13, 2024, respectively.

	Avanse Financial Services IPO	Vishal Mega Mart IPO
Anchor Bid Date		Dec 10, 2024
Issue Open		Dec 11, 2024
Issue Close		Dec 13, 2024
Basis Of Allotment (Tentative)		Dec 16, 2024
Initiation of Refunds (Tentative)		Dec 17, 2024
Credit of Share (Tentative)		Dec 17, 2024
Listing date (Tentative)		Dec 18, 2024
Anchor Lockin End date 1		Jan 15, 2025
Anchor Lockin End date 2		Mar 16, 2025

Financials

Avanse Financial Services IPO P/E ratio is , as compared to Vishal Mega Mart IPO P/E ratio of 76.13.

Avanse Financial Services IPO

Vishal Mega Mart 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

Vishal Mega Mart Limited Financial Information (Restated Consolidated)

Vishal Mega Mart Limited's revenue increased by 17.41% and profit after tax (PAT) rose by 43.78% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,551.75	8,506.08	8,288.91	8,217.98
Revenue	5,053.42	8,945.13	7,618.89	5,653.85
Profit After Tax	254.14	461.94	321.27	202.77
Net Worth	5,923.74	5,646.59	5,180.84	4,849.93
Reserves and Surplus	1,390.27	1,113.12	649.50	321.88
Total Borrowing			133.50	497.41
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

58.38%

96.46%

Promoter Shareholding (Post-Issue)

76.02%

P/E Ratio

76.13

Market Cap

₹35168.01 Cr.

ROE

ROCE

68.76%%

Debt/Equity

EPS

₹1.02

RoNW

8.18%%

Shares Offered

In the Avanse Financial Services IPO retail investors (RII) are offered while in Vishal Mega Mart IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Avanse Financial Services IPO and 20,51,28,206 shares in Vishal Mega Mart IPO.

	Avanse Financial Services IPO	Vishal Mega Mart IPO
Anchor Investor Reserveration		30,76,92,307 shares
Market Maker Reserveration
QIB		20,51,28,206 shares
NII		15,38,46,154 shares
RII		35,89,74,359 shares
Employee		0 shares
Others
Total		71,79,48,719 shares

Bids Received (Subscription)

Avanse Financial Services IPO subscribed in total, whereas Vishal Mega Mart IPO subscribed 1.63x.

	Avanse Financial Services IPO	Vishal Mega Mart IPO
QIB (times)		0.50x
NII (times)		4.05x
Big NII (times)		4.40x
Small NII (times)		3.36x
RII (times)		1.23x
Employee (times)
Other (times)
Total (times)		1.63x

Compare with others

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