Fedbank Financial Services IPO vs Mamaearth IPO

Comparision between Fedbank Financial Services IPO and Mamaearth IPO.

IPO Details

Fedbank Financial Services IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mamaearth IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Fedbank Financial Services IPO	Mamaearth 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	ICICI Securities Limited Bnp Paribas Equirus Capital Private Limited Jm Financial Limited	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jm Financial Limited J.P. Morgan India Private Limited
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 Fedbank Financial Services IPO is up to ₹1,092.26 Cr whereas the issue size of the Mamaearth IPO is up to ₹1,701.44 Cr. The final issue price of Fedbank Financial Services IPO is ₹140.00 per share and of Mamaearth IPO is ₹324.00 per share.

	Fedbank Financial Services IPO	Mamaearth IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹133.00 per share	₹308.00 per share
Issue Price (Upper)	₹140.00 per share	₹324.00 per share
Issue Price (Final)	₹140.00 per share	₹324.00 per share
Discount (Retail)
Discount (Employee)	₹10.00 per share	₹30.00 per share
Market Lot Size	107 shares	46 shares
Fresh Issue Size	4,29,12,087 shares	1,12,68,580 shares
Fresh Issue Size (Amount)	up to ₹600.77 Cr	up to ₹365.00 Cr
OFS Issue Size	3,51,61,723 shares	4,12,48,162 shares
OFS Issue Size (Amount)	up to ₹492.26 Cr	up to ₹1,336.40 Cr
Issue Size Total	7,80,73,810 shares	5,25,16,742 shares
Issue Size Total (Amount)	up to ₹1,092.26 Cr	up to ₹1,701.44 Cr

IPO Timetable

Fedbank Financial Services IPO opens on Nov 22, 2023, while Mamaearth IPO opens on Oct 31, 2023. The closing date of Fedbank Financial Services IPO and Mamaearth IPO is Nov 24, 2023, and Nov 02, 2023, respectively.

	Fedbank Financial Services IPO	Mamaearth IPO
Anchor Bid Date	Nov 21, 2023	Oct 30, 2023
Issue Open	Nov 22, 2023	Oct 31, 2023
Issue Close	Nov 24, 2023	Nov 02, 2023
Basis Of Allotment (Tentative)	Nov 28, 2023	Nov 06, 2023
Initiation of Refunds (Tentative)	Nov 28, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 29, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 30, 2023	Nov 07, 2023
Anchor Lockin End date 1	Dec 28, 2023	Dec 06, 2023
Anchor Lockin End date 2	Feb 26, 2024	Feb 04, 2024

Financials

Fedbank Financial Services IPO P/E ratio is 25.04, as compared to Mamaearth IPO P/E ratio of .

Fedbank Financial Services IPO

Mamaearth IPO

Financial

Fedbank Financial Services Limited Financial Information (Restated)

Fedbank Financial Services Limited's revenue increased by 37.46% and profit after tax (PAT) rose by 74.11% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	9,412.51	9,070.99	6,555.71	5,466.31
Revenue	367.87	1,214.68	883.64	697.57
Profit After Tax	53.88	180.13	103.46	61.68
Net Worth	1,414.90	1,355.68	1,153.52	834.73
Reserves and Surplus	1,076.67	1,021.52	832.00	544.45
Total Borrowing	7,619.52	7,135.82	5,016.84	4,328.09
Amount in ₹ Crore

Honasa Consumer Limited Financial Information (Restated Consolidated)

Honasa Consumer Limited's revenue increased by 57.13% and profit after tax (PAT) dropped by -1145.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,048.03	966.42	1,035.01	302.64
Revenue	477.10	1,515.27	964.35	472.10
Profit After Tax	24.72	-150.97	14.44	-1,324.61
Net Worth	638.26	605.90	705.62	-1,765.14
Reserves and Surplus	-1,290.94	-1,323.32	-1,087.33
Total Borrowing	6.79	3.61	3.59
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

72.28%

37.41%

Promoter Shareholding (Post-Issue)

62.40%

35.34%

P/E Ratio

25.04

Market Cap

₹5165.06 Cr.

₹10425.00 Cr.

ROE

14.36%%

ROCE

Debt/Equity

EPS

₹5.60

₹4.66

RoNW

13.29%%

-23.57%%

Shares Offered

In the Fedbank Financial Services IPO retail investors (RII) are offered 2,70,56,603 shares while in Mamaearth IPO retail investors are offered 2,70,56,603 shares. Qualified institutional buyers (QIB) are offered 1,54,60,916 shares in Fedbank Financial Services IPO and 1,57,44,820 shares in Mamaearth IPO.

	Fedbank Financial Services IPO	Mamaearth IPO
Anchor Investor Reserveration	2,31,91,374 shares	2,36,17,228 shares
Market Maker Reserveration
QIB	1,54,60,916 shares	1,57,44,820 shares
NII	1,15,95,687 shares	78,72,409 shares
RII	2,70,56,603 shares	52,48,272 shares
Employee	8,13,008 shares	34,013 shares
Others
Total	5,49,26,214 shares	2,88,99,514 shares

Bids Received (Subscription)

Fedbank Financial Services IPO subscribed 2.24x in total, whereas Mamaearth IPO subscribed 7.61x.

	Fedbank Financial Services IPO	Mamaearth IPO
QIB (times)	3.48x	11.50x
NII (times)	1.49x	4.02x
Big NII (times)	1.27x	4.85x
Small NII (times)	1.95x	2.36x
RII (times)	1.88x	1.35x
Employee (times)	1.34x	4.88x
Other (times)
Total (times)	2.24x	7.61x

Compare with others

Fedbank Financial Services IPO	Mamaearth IPO
Muthoot Microfin IPO	Fedbank Financial Services IPO
DOMS IPO	Gandhar Oil Refinery India IPO
Allied Blenders IPO	ASK Automotive IPO
Flair Writing IPO	ESAF Small Finance Bank IPO
IREDA IPO	Cello World Limited IPO
Gandhar Oil Refinery India IPO	Blue Jet Healthcare IPO
ASK Automotive IPO	Protean eGov Technologies IPO
ESAF Small Finance Bank IPO	IRM Energy IPO
Cello World Limited IPO	Saraswati Saree Depot IPO
Mamaearth IPO	Plaza Wires IPO

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