HP Adhesives IPO vs Metro Brands IPO

Comparision between HP Adhesives IPO and Metro Brands IPO.

IPO Details

HP Adhesives IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Metro Brands IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	HP Adhesives IPO	Metro Brands 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	Unistone Capital Pvt Ltd	Ambit Private Limited Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Equirus Capital Private Limited ICICI Securities Limited Motilal Oswal Investment Advisors Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
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 HP Adhesives IPO is up to ₹125.96 Cr whereas the issue size of the Metro Brands IPO is up to ₹1,367.51 Cr. The final issue price of HP Adhesives IPO is ₹274.00 per share and of Metro Brands IPO is ₹500.00 per share.

	HP Adhesives IPO	Metro Brands IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹262.00 per share	₹485.00 per share
Issue Price (Upper)	₹274.00 per share	₹500.00 per share
Issue Price (Final)	₹274.00 per share	₹500.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	30 shares
Fresh Issue Size	41,40,000 shares
Fresh Issue Size (Amount)	up to ₹113.44 Cr	up to ₹295.00 Cr
OFS Issue Size	4,57,200 shares	2,14,50,100 shares
OFS Issue Size (Amount)	up to ₹12.53 Cr	up to ₹1,072.51 Cr
Issue Size Total	45,97,200 shares
Issue Size Total (Amount)	up to ₹125.96 Cr	up to ₹1,367.51 Cr

IPO Timetable

HP Adhesives IPO opens on Dec 15, 2021, while Metro Brands IPO opens on Dec 10, 2021. The closing date of HP Adhesives IPO and Metro Brands IPO is Dec 17, 2021, and Dec 14, 2021, respectively.

	HP Adhesives IPO	Metro Brands IPO
Anchor Bid Date
Issue Open	Dec 15, 2021	Dec 10, 2021
Issue Close	Dec 17, 2021	Dec 14, 2021
Basis Of Allotment (Tentative)	Dec 22, 2021	Dec 17, 2021
Initiation of Refunds (Tentative)	Dec 23, 2021	Dec 20, 2021
Credit of Share (Tentative)	Dec 24, 2021	Dec 21, 2021
Listing date (Tentative)	Dec 27, 2021	Dec 22, 2021
Anchor Lockin End date 1	Jan 21, 2022	Jan 16, 2022
Anchor Lockin End date 2	Mar 22, 2022	Mar 17, 2022

Financials

HP Adhesives IPO P/E ratio is , as compared to Metro Brands IPO P/E ratio of .

HP Adhesives IPO

Metro Brands IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,049.10	897.78	568.11	567.17
Total Revenue	727.32	1,238.79	979.07	879.76
Profit After Tax	31.02	100.59	- 46.70	40.00

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	17,396.06	16,593.40	16,174.23	13,215.06
Total Revenue	4,892.68	8,785.38	13,110.68	12,368.95
Profit After Tax	430.74	646.19	1,605.75	1,527.31

Promoter Shareholding (Pre-Issue)

95%

84.02%

Promoter Shareholding (Post-Issue)

71%

74.27%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the HP Adhesives IPO retail investors (RII) are offered 4,59,720 shares while in Metro Brands IPO retail investors are offered 4,59,720 shares. Qualified institutional buyers (QIB) are offered 13,79,200 shares in HP Adhesives IPO and 54,70,020 shares in Metro Brands IPO.

	HP Adhesives IPO	Metro Brands IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	13,79,200 shares	54,70,020 shares
NII	6,89,580 shares	41,02,515 shares
RII	4,59,720 shares	95,72,535 shares
Employee		0 shares
Others
Total	25,28,500 shares	1,91,45,070 shares

Bids Received (Subscription)

HP Adhesives IPO subscribed 20.96x in total, whereas Metro Brands IPO subscribed 3.64x.

	HP Adhesives IPO	Metro Brands IPO
QIB (times)	1.82x	8.49x
NII (times)	19.04x	3.02x
Big NII (times)
Small NII (times)
RII (times)	81.24x	1.13x
Employee (times)
Other (times)
Total (times)	20.96x	3.64x

Compare with others

HP Adhesives IPO	Metro Brands IPO
AGS Transact IPO	CMS Info Systems IPO
CMS Info Systems IPO	Tracxn Technologies IPO
Tracxn Technologies IPO	Supriya Lifescience IPO
Supriya Lifescience IPO	Medplus Health IPO
Medplus Health IPO	HP Adhesives IPO
Metro Brands IPO	Shriram Properties IPO
Shriram Properties IPO	Data Patterns IPO
Data Patterns IPO	RateGain IPO
RateGain IPO	MapmyIndia IPO
MapmyIndia IPO	Anand Rathi IPO

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