Burger King IPO vs Indigo Paints IPO

Comparision between Burger King IPO and Indigo Paints IPO.

IPO Details

Burger King IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Indigo Paints IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Burger King IPO	Indigo Paints 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	Clsa India Private Limited Edelweiss Financial Services Ltd Jm Financial Limited Kotak Mahindra Capital Company Limited	Edelweiss Financial Services Ltd ICICI Securities Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Burger King IPO is up to ₹810.00 Cr whereas the issue size of the Indigo Paints IPO is up to ₹1,176.00 Cr. The final issue price of Burger King IPO is ₹60.00 per share and of Indigo Paints IPO is ₹1,490.00 per share.

	Burger King IPO	Indigo Paints IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹59.00 per share	₹1,488.00 per share
Issue Price (Upper)	₹60.00 per share	₹1,490.00 per share
Issue Price (Final)	₹60.00 per share	₹1,490.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	250 shares	10 shares
Fresh Issue Size	7,50,00,000 shares
Fresh Issue Size (Amount)	up to ₹450.00 Cr	up to ₹300.00 Cr
OFS Issue Size	6,00,00,000 shares	58,40,000 shares
OFS Issue Size (Amount)	up to ₹360.00 Cr
Issue Size Total	13,50,00,000 shares
Issue Size Total (Amount)	up to ₹810.00 Cr	up to ₹1,176.00 Cr

IPO Timetable

Burger King IPO opens on Dec 02, 2020, while Indigo Paints IPO opens on Jan 20, 2021. The closing date of Burger King IPO and Indigo Paints IPO is Dec 04, 2020, and Jan 22, 2021, respectively.

	Burger King IPO	Indigo Paints IPO
Anchor Bid Date
Issue Open	Dec 02, 2020	Jan 20, 2021
Issue Close	Dec 04, 2020	Jan 22, 2021
Basis Of Allotment (Tentative)	Dec 09, 2020	Jan 28, 2021
Initiation of Refunds (Tentative)	Dec 10, 2020	Jan 29, 2021
Credit of Share (Tentative)	Dec 11, 2020	Feb 01, 2021
Listing date (Tentative)	Dec 14, 2020	Feb 02, 2021
Anchor Lockin End date 1	Jan 08, 2021	Feb 27, 2021
Anchor Lockin End date 2	Mar 09, 2021	Apr 28, 2021

Financials

Burger King IPO P/E ratio is , as compared to Indigo Paints IPO P/E ratio of .

Burger King IPO

Indigo Paints IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	11,771.18	11,977.07	9,204.72	7,303.55
Total Revenue	1,516.54	8,468.29	6,441.30	3,887.37
Profit After Tax	(1,189.46)	(765.70)	(382.79)	(822.32)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,112.91	4,219.59	3,731.83	2,973.94
Total Revenue	2,602.43	6,264.36	5,372.62	4,031.05
Profit After Tax	272.05	478.15	268.70	128.62

Promoter Shareholding (Pre-Issue)

99.39%

60.05%

Promoter Shareholding (Post-Issue)

60.08%

54%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Burger King IPO retail investors (RII) are offered 1,36,27,118 shares while in Indigo Paints IPO retail investors are offered 1,36,27,118 shares. Qualified institutional buyers (QIB) are offered 4,04,23,729 shares in Burger King IPO and 15,56,690 shares in Indigo Paints IPO.

	Burger King IPO	Indigo Paints IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	4,04,23,729 shares	15,56,690 shares
NII	2,04,40,677 shares	11,67,514 shares
RII	1,36,27,118 shares	27,24,198 shares
Employee	0 shares	70,000 shares
Others
Total	7,44,91,524 shares	55,18,402 shares

Bids Received (Subscription)

Burger King IPO subscribed 156.65x in total, whereas Indigo Paints IPO subscribed 117.02x.

	Burger King IPO	Indigo Paints IPO
QIB (times)	86.64x	189.57x
NII (times)	354.11x	263.05x
Big NII (times)
Small NII (times)
RII (times)	68.15x	15.93x
Employee (times)		2.50x
Other (times)
Total (times)	156.65x	117.02x

Compare with others

Burger King IPO	Indigo Paints IPO
Home First Finance IPO	Heranba Industries IPO
Indigo Paints IPO	Nureca limited IPO
Antony Waste IPO	Brookfield India REIT
Mrs. Bectors Food IPO	Stove Kraft IPO
IRFC IPO	Home First Finance IPO
RailTel IPO	Antony Waste IPO
Gland Pharma IPO	Mrs. Bectors Food IPO
Mazagon Dock IPO	IRFC IPO
Likhitha Infrastructure IPO	Burger King IPO
Chemcon IPO	RailTel IPO

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