Archean Chemical IPO vs Five Star Business Finance IPO

Comparision between Archean Chemical IPO and Five Star Business Finance IPO.

IPO Details

Archean Chemical 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.

	Archean Chemical 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	Iifl Securities Ltd ICICI Securities Limited Jm Financial 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 Archean Chemical IPO is up to ₹1,462.31 Cr whereas the issue size of the Five Star Business Finance IPO is up to ₹1,593.45 Cr. The final issue price of Archean Chemical IPO is ₹407.00 per share and of Five Star Business Finance IPO is ₹474.00 per share.

	Archean Chemical IPO	Five Star Business Finance IPO
Face Value	₹2 per share	₹1 per share
Issue Price (Lower)	₹386.00 per share	₹450.00 per share
Issue Price (Upper)	₹407.00 per share	₹474.00 per share
Issue Price (Final)	₹407.00 per share	₹474.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	36 shares	31 shares
Fresh Issue Size	1,97,78,870 shares
Fresh Issue Size (Amount)	up to ₹805.00 Cr
OFS Issue Size	1,61,50,000 shares	3,36,17,061 shares
OFS Issue Size (Amount)	up to ₹657.31 Cr	up to ₹1,593.45 Cr
Issue Size Total	3,59,28,870 shares	3,36,17,061 shares
Issue Size Total (Amount)	up to ₹1,462.31 Cr	up to ₹1,593.45 Cr

IPO Timetable

Archean Chemical IPO opens on Nov 09, 2022, while Five Star Business Finance IPO opens on Nov 09, 2022. The closing date of Archean Chemical IPO and Five Star Business Finance IPO is Nov 11, 2022, and Nov 11, 2022, respectively.

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

Financials

Archean Chemical IPO P/E ratio is 16.78, as compared to Five Star Business Finance IPO P/E ratio of 24.76.

Archean Chemical IPO

Five Star Business Finance IPO

Financial

Archean Chemical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1260.51	572.91	39.97	42.37	772.02
31-Mar-20	1428.6	617	-36.24	5.97	929.26
31-Mar-22	1529.68	1142.83	188.58	261.06	921.87
30-Jun-22	1606.65	408.82	84.41	345.44	915.58
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)

65.58%

40.07%

Promoter Shareholding (Post-Issue)

53.41%

33.65%

P/E Ratio

16.78

24.76

Market Cap

₹5665.56 Cr.

₹13810.75 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Archean Chemical IPO retail investors (RII) are offered 37,00,492 shares while in Five Star Business Finance IPO retail investors are offered 37,00,492 shares. Qualified institutional buyers (QIB) are offered 1,07,06,095 shares in Archean Chemical IPO and 87,11,132 shares in Five Star Business Finance IPO.

	Archean Chemical IPO	Five Star Business Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,07,06,095 shares	87,11,132 shares
NII	55,50,738 shares	65,33,350 shares
RII	37,00,492 shares	1,52,44,484 shares
Employee	0 shares	0 shares
Others
Total	1,99,57,325 shares	3,04,88,966 shares

Bids Received (Subscription)

Archean Chemical IPO subscribed 32.23x in total, whereas Five Star Business Finance IPO subscribed 0.70x.

	Archean Chemical IPO	Five Star Business Finance IPO
QIB (times)	48.91x	1.77x
NII (times)	14.90x	0.61x
Big NII (times)	16.90x	0.78x
Small NII (times)	10.92x	0.28x
RII (times)	9.96x	0.11x
Employee (times)
Other (times)
Total (times)	32.23x	0.70x

Compare with others

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

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