Bikaji Foods IPO vs Five Star Business Finance IPO

Comparision between Bikaji Foods IPO and Five Star Business Finance IPO.

IPO Details

Bikaji Foods IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Five Star Business Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bikaji Foods IPO	Five Star Business Finance 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	Jm Financial Limited Axis Capital Limited Iifl Securities Ltd Intensive Fiscal Services Private Limited Kotak Mahindra Capital Company Limited	ICICI Securities Limited Edelweiss Financial Services Ltd Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Bikaji Foods IPO is up to ₹881.22 Cr whereas the issue size of the Five Star Business Finance IPO is up to ₹1,593.45 Cr. The final issue price of Bikaji Foods IPO is ₹300.00 per share and of Five Star Business Finance IPO is ₹474.00 per share.

	Bikaji Foods IPO	Five Star Business Finance IPO
Face Value	₹1 per share	₹1 per share
Issue Price (Lower)	₹285.00 per share	₹450.00 per share
Issue Price (Upper)	₹300.00 per share	₹474.00 per share
Issue Price (Final)	₹300.00 per share	₹474.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	50 shares	31 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,93,73,984 shares	3,36,17,061 shares
OFS Issue Size (Amount)	up to ₹881.22 Cr	up to ₹1,593.45 Cr
Issue Size Total	2,93,73,984 shares	3,36,17,061 shares
Issue Size Total (Amount)	up to ₹881.22 Cr	up to ₹1,593.45 Cr

IPO Timetable

Bikaji Foods IPO opens on Nov 03, 2022, while Five Star Business Finance IPO opens on Nov 09, 2022. The closing date of Bikaji Foods IPO and Five Star Business Finance IPO is Nov 07, 2022, and Nov 11, 2022, respectively.

	Bikaji Foods IPO	Five Star Business Finance IPO
Anchor Bid Date
Issue Open	Nov 03, 2022	Nov 09, 2022
Issue Close	Nov 07, 2022	Nov 11, 2022
Basis Of Allotment (Tentative)	Nov 11, 2022	Nov 16, 2022
Initiation of Refunds (Tentative)	Nov 14, 2022	Nov 17, 2022
Credit of Share (Tentative)	Nov 15, 2022	Nov 18, 2022
Listing date (Tentative)	Nov 16, 2022	Nov 21, 2022
Anchor Lockin End date 1	Dec 11, 2022	Dec 16, 2022
Anchor Lockin End date 2	Feb 09, 2023	Feb 14, 2023

Financials

Bikaji Foods IPO P/E ratio is 119.05, as compared to Five Star Business Finance IPO P/E ratio of 24.76.

Bikaji Foods IPO

Five Star Business Finance IPO

Financial

Bikaji Foods International Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	630.9	910.65	50.93	469.77	72.31
31-Mar-20	676.64	1082.9	56.37	529.16	52.3
31-Mar-21	817.15	1322.21	90.34	604.1	86.15
30-Jun-21	871.96	337.08	12.41	618.45	101.13
31-Mar-22	1102.13	1621.45	76.03	819.26	141.23
30-Jun-22	1146.28	423.82	15.7	834.8	156.39
Amount in ₹ Crore

Five Star Business Finance Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	4353.15	787.35	261.95	1944.58	2363.69
31-Mar-21	5793.61	1051.26	358.99	2318.17	3425.2
30-Jun-21	6129.1	300.76	101.57	2944.41	3121.22
31-Mar-22	6343.07	1256.17	453.54	3710.35	2558.83
30-Jun-22	6471.55	339.06	139.43	3856.98	2520.32
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

77.97%

40.07%

Promoter Shareholding (Post-Issue)

75.96%

33.65%

P/E Ratio

119.05

24.76

Market Cap

₹7485.30 Cr.

₹13810.75 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bikaji Foods IPO retail investors (RII) are offered 1,01,93,395 shares while in Five Star Business Finance IPO retail investors are offered 1,01,93,395 shares. Qualified institutional buyers (QIB) are offered 58,24,797 shares in Bikaji Foods IPO and 87,11,132 shares in Five Star Business Finance IPO.

	Bikaji Foods IPO	Five Star Business Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	58,24,797 shares	87,11,132 shares
NII	43,68,598 shares	65,33,350 shares
RII	1,01,93,395 shares	1,52,44,484 shares
Employee	2,50,000 shares	0 shares
Others
Total	2,06,36,790 shares	3,04,88,966 shares

Bids Received (Subscription)

Bikaji Foods IPO subscribed 26.67x in total, whereas Five Star Business Finance IPO subscribed 0.70x.

	Bikaji Foods IPO	Five Star Business Finance IPO
QIB (times)	80.63x	1.77x
NII (times)	7.10x	0.61x
Big NII (times)	7.47x	0.78x
Small NII (times)	6.34x	0.28x
RII (times)	4.77x	0.11x
Employee (times)	4.38x
Other (times)
Total (times)	26.67x	0.70x

Compare with others

Bikaji Foods IPO	Five Star Business Finance IPO
Dharmaj Crop Guard IPO	Inox Green Energy IPO
Landmark Cars IPO	Archean Chemical IPO
Keystone Realtors IPO	Bikaji Foods IPO
Inox Green Energy IPO	Fusion Micro Finance IPO
Archean Chemical IPO	Global Health IPO
Fusion Micro Finance IPO	Uniparts India IPO
Global Health IPO	Kaynes Technology IPO
Five Star Business Finance IPO	Electronics Mart India IPO
Uniparts India IPO	DCX Systems IPO
Kaynes Technology IPO	Tamilnad Mercantile Bank IPO

Comments

Add a public comment...