CarTrade Tech IPO vs Devyani International IPO

Comparision between CarTrade Tech IPO and Devyani International IPO.

IPO Details

CarTrade Tech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Devyani International IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CarTrade Tech IPO	Devyani International 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	Axis Capital Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Clsa India Private Limited Edelweiss Financial Services Ltd Kotak Mahindra Capital Company Limited Motilal Oswal Investment Advisors 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 CarTrade Tech IPO is up to ₹2,998.51 Cr whereas the issue size of the Devyani International IPO is up to ₹1,838.00 Cr. The final issue price of CarTrade Tech IPO is ₹1,618.00 per share and of Devyani International IPO is ₹90.00 per share.

	CarTrade Tech IPO	Devyani International IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹1,585.00 per share	₹86.00 per share
Issue Price (Upper)	₹1,618.00 per share	₹90.00 per share
Issue Price (Final)	₹1,618.00 per share	₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	9 shares	165 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹440.00 Cr
OFS Issue Size	1,85,32,216 shares	15,53,33,330 shares
OFS Issue Size (Amount)	up to ₹2,998.51 Cr	up to ₹1,398.00 Cr
Issue Size Total	1,85,32,216 shares
Issue Size Total (Amount)	up to ₹2,998.51 Cr	up to ₹1,838.00 Cr

IPO Timetable

CarTrade Tech IPO opens on Aug 09, 2021, while Devyani International IPO opens on Aug 04, 2021. The closing date of CarTrade Tech IPO and Devyani International IPO is Aug 11, 2021, and Aug 06, 2021, respectively.

	CarTrade Tech IPO	Devyani International IPO
Anchor Bid Date
Issue Open	Aug 09, 2021	Aug 04, 2021
Issue Close	Aug 11, 2021	Aug 06, 2021
Basis Of Allotment (Tentative)	Aug 17, 2021	Aug 11, 2021
Initiation of Refunds (Tentative)	Aug 18, 2021	Aug 12, 2021
Credit of Share (Tentative)	Aug 20, 2021	Aug 13, 2021
Listing date (Tentative)	Aug 20, 2021	Aug 16, 2021
Anchor Lockin End date 1	Sep 16, 2021	Sep 10, 2021
Anchor Lockin End date 2	Nov 15, 2021	Nov 09, 2021

Financials

CarTrade Tech IPO P/E ratio is , as compared to Devyani International IPO P/E ratio of .

CarTrade Tech IPO

Devyani International IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,301.99	14,704.06	14,270.94
Total Revenue	2,815.23	3,184.45	2,668.05
Profit After Tax	1,010.74	312.94	259.17

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	16,684.07	18,835.76	18,074.90
Total Revenue	11,988.95	15,350.41	13,236.83
Profit After Tax	(629.87)	(1,214.18)	(941.44)

Promoter Shareholding (Pre-Issue)

75.79%

Promoter Shareholding (Post-Issue)

67.99%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CarTrade Tech IPO retail investors (RII) are offered 64,86,276 shares while in Devyani International IPO retail investors are offered 64,86,276 shares. Qualified institutional buyers (QIB) are offered 37,06,443 shares in CarTrade Tech IPO and 6,11,01,666 shares in Devyani International IPO.

	CarTrade Tech IPO	Devyani International IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,06,443 shares	6,11,01,666 shares
NII	27,79,833 shares	3,05,50,832 shares
RII	64,86,276 shares	2,03,67,221 shares
Employee	0 shares	5,50,000 shares
Others
Total	1,29,72,552 shares	11,25,69,719 shares

Bids Received (Subscription)

CarTrade Tech IPO subscribed 20.29x in total, whereas Devyani International IPO subscribed 116.70x.

	CarTrade Tech IPO	Devyani International IPO
QIB (times)	35.45x	95.27x
NII (times)	41.00x	213.06x
Big NII (times)
Small NII (times)
RII (times)	2.75x	39.48x
Employee (times)		4.70x
Other (times)
Total (times)	20.29x	116.70x

Compare with others

CarTrade Tech IPO	Devyani International IPO
Vijaya Diagnostic IPO	Ami Organics IPO
Ami Organics IPO	Chemplast Sanmar IPO
Chemplast Sanmar IPO	Aptus Value Housing Finance IPO
Aptus Value Housing Finance IPO	Krsnaa Diagnostics IPO
Krsnaa Diagnostics IPO	CarTrade Tech IPO
Devyani International IPO	Windlas Biotech IPO
Windlas Biotech IPO	Exxaro Tiles IPO
Exxaro Tiles IPO	Nuvoco IPO
Nuvoco IPO	Rolex Rings IPO
Rolex Rings IPO	Paytm IPO

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