Brookfield India REIT vs Heranba Industries IPO

Comparision between Brookfield India REIT and Heranba Industries IPO.

IPO Details

Brookfield India REIT is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Heranba Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Brookfield India REIT	Heranba Industries IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	REIT	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Ambit Private Limited Axis Capital Limited Iifl Securities Ltd J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited	Batlivala & Karani Securities India Private Limited Emkay Global Financial Services Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Brookfield India REIT is up to ₹3,800.00 Cr whereas the issue size of the Heranba Industries IPO is up to ₹625.24 Cr. The final issue price of Brookfield India REIT is ₹275.00 per share and of Heranba Industries IPO is ₹627.00 per share.

	Brookfield India REIT	Heranba Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹274.00 per share	₹626.00 per share
Issue Price (Upper)	₹275.00 per share	₹627.00 per share
Issue Price (Final)	₹275.00 per share	₹627.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	200 shares	23 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹3,800.00 Cr	up to ₹60.00 Cr
OFS Issue Size		90,15,000 shares
OFS Issue Size (Amount)
Issue Size Total
Issue Size Total (Amount)	up to ₹3,800.00 Cr	up to ₹625.24 Cr

IPO Timetable

Brookfield India REIT opens on Feb 03, 2021, while Heranba Industries IPO opens on Feb 23, 2021. The closing date of Brookfield India REIT and Heranba Industries IPO is Feb 05, 2021, and Feb 25, 2021, respectively.

	Brookfield India REIT	Heranba Industries IPO
Anchor Bid Date
Issue Open	Feb 03, 2021	Feb 23, 2021
Issue Close	Feb 05, 2021	Feb 25, 2021
Basis Of Allotment (Tentative)	Feb 11, 2021	Mar 02, 2021
Initiation of Refunds (Tentative)	Feb 12, 2021	Mar 03, 2021
Credit of Share (Tentative)	Feb 12, 2021	Mar 04, 2021
Listing date (Tentative)	Feb 16, 2021	Mar 05, 2021
Anchor Lockin End date 1	Mar 13, 2021	Apr 01, 2021
Anchor Lockin End date 2	May 12, 2021	May 31, 2021

Financials

Brookfield India REIT P/E ratio is , as compared to Heranba Industries IPO P/E ratio of .

Brookfield India REIT

Heranba Industries IPO

Financial

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	51,367.15	53,780.50	50,436.97	48,932.97
Total Revenue	4,674.66	9,813.95	9,298.30	8,662.51
Profit After Tax	(739.22)	151.22	(157.45)	1,610.84

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	7,881.20	6,247.63	5,604.43	4,504.65
Total Revenue	6,192.11	9,679.06	10,118.38	7,504.10
Profit After Tax	663.11	977.50	754.02	468.76

Promoter Shareholding (Pre-Issue)

98.1%

Promoter Shareholding (Post-Issue)

74.1%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Brookfield India REIT retail investors (RII) are offered 0 shares while in Heranba Industries IPO retail investors are offered 0 shares. Qualified institutional buyers (QIB) are offered 4,16,05,400 shares in Brookfield India REIT and 19,95,448 shares in Heranba Industries IPO.

	Brookfield India REIT	Heranba Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	4,16,05,400 shares	19,95,448 shares
NII	3,46,72,800 shares	14,95,791 shares
RII	0 shares	34,90,178 shares
Employee	0 shares	0 shares
Others
Total	7,62,78,200 shares	69,81,417 shares

Bids Received (Subscription)

Brookfield India REIT subscribed 7.94x in total, whereas Heranba Industries IPO subscribed 83.29x.

	Brookfield India REIT	Heranba Industries IPO
QIB (times)	4.78x	67.45x
NII (times)	11.52x	271.15x
Big NII (times)
Small NII (times)
RII (times)		11.84x
Employee (times)
Other (times)
Total (times)	7.94x	83.29x

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Brookfield India REIT	Heranba Industries IPO
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MTAR Technologies IPO	Nazara Technologies IPO
Heranba Industries IPO	EaseMyTrip IPO
Nureca limited IPO	MTAR Technologies IPO
Stove Kraft IPO	Nureca limited IPO
Home First Finance IPO	Brookfield India REIT
Indigo Paints IPO	Stove Kraft IPO
Antony Waste IPO	Home First Finance IPO
Mrs. Bectors Food IPO	Indigo Paints IPO

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