Bajaj Housing Finance IPO vs Interarch Building Products IPO

Comparision between Bajaj Housing Finance IPO and Interarch Building Products IPO.

IPO Details

Bajaj Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Interarch Building Products IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bajaj Housing Finance IPO	Interarch Building Products 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	Kotak Mahindra Capital Company Limited Bofa Securities India Limited Axis Capital Limited Goldman Sachs (India) Securities Private Limited SBI Capital Markets Limited Jm Financial Limited Iifl Securities Ltd	Ambit Private Limited Axis Capital Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP		RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Bajaj Housing Finance IPO is up to ₹7,000.00 Cr whereas the issue size of the Interarch Building Products IPO is up to ₹600.29 Cr. The final issue price of Bajaj Housing Finance IPO is and of Interarch Building Products IPO is ₹900.00 per share.

	Bajaj Housing Finance IPO	Interarch Building Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹850.00 per share
Issue Price (Upper)		₹900.00 per share
Issue Price (Final)		₹900.00 per share
Discount (Retail)
Discount (Employee)		₹85.00 per share
Market Lot Size		16 shares
Fresh Issue Size		22,22,222 shares
Fresh Issue Size (Amount)	up to ₹4,000.00 Cr	up to ₹200.00 Cr
OFS Issue Size		44,47,630 shares
OFS Issue Size (Amount)	up to ₹3,000.00 Cr	up to ₹400.29 Cr
Issue Size Total		66,69,852 shares
Issue Size Total (Amount)	up to ₹7,000.00 Cr	up to ₹600.29 Cr

IPO Timetable

Bajaj Housing Finance IPO opens on , while Interarch Building Products IPO opens on Aug 19, 2024. The closing date of Bajaj Housing Finance IPO and Interarch Building Products IPO is , and Aug 21, 2024, respectively.

	Bajaj Housing Finance IPO	Interarch Building Products IPO
Anchor Bid Date		Aug 16, 2024
Issue Open		Aug 19, 2024
Issue Close		Aug 21, 2024
Basis Of Allotment (Tentative)		Aug 22, 2024
Initiation of Refunds (Tentative)		Aug 23, 2024
Credit of Share (Tentative)		Aug 23, 2024
Listing date (Tentative)		Aug 26, 2024
Anchor Lockin End date 1		Sep 21, 2024
Anchor Lockin End date 2		Nov 20, 2024

Financials

Bajaj Housing Finance IPO P/E ratio is , as compared to Interarch Building Products IPO P/E ratio of 15.04.

Bajaj Housing Finance IPO

Interarch Building Products IPO

Financial

Bajaj Housing Finance Limited Financial Information (Restated)

Bajaj Housing Finance Limited's revenue increased by 34% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	81,827.09	64,654.14	48,527.08
Revenue	7,617.71	5,665.44	3,767.13
Profit After Tax	1,731.22	1,257.8	709.62
Net Worth	12,233.5	10,503.19	6,741.36
Reserves and Surplus	5,520.81	3,791.03	1,858.03
Total Borrowing	69,129.32	53,745.39	41,492.32
Amount in ₹ Crore

Interarch Building Products Limited Financial Information (Restated)

Interarch Building Products Limited's revenue increased by 15% and profit after tax (PAT) rose by 6% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	755.01	675.03	543.75
Revenue	1,306.32	1,136.39	840.86
Profit After Tax	86.26	81.46	17.13
Net Worth	262.65	343.8	262.65
Total Borrowing	3.36	11.38	3.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

87.53%

Promoter Shareholding (Post-Issue)

P/E Ratio

15.04

Market Cap

₹1497.43 Cr.

ROE

19.40%%

ROCE

25.79%%

Debt/Equity

-0.11

EPS

₹59.84

RoNW

22.26%%

Shares Offered

In the Bajaj Housing Finance IPO retail investors (RII) are offered while in Interarch Building Products IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Bajaj Housing Finance IPO and 13,29,526 shares in Interarch Building Products IPO.

	Bajaj Housing Finance IPO	Interarch Building Products IPO
Anchor Investor Reserveration		19,94,288 shares
Market Maker Reserveration
QIB		13,29,526 shares
NII		9,97,145 shares
RII		23,26,671 shares
Employee		24,539 shares
Others
Total		46,77,881 shares

Bids Received (Subscription)

Bajaj Housing Finance IPO subscribed in total, whereas Interarch Building Products IPO subscribed 93.79x.

	Bajaj Housing Finance IPO	Interarch Building Products IPO
QIB (times)		197.29x
NII (times)		130.91x
Big NII (times)		148.31x
Small NII (times)		96.11x
RII (times)		19.46x
Employee (times)		25.75x
Other (times)
Total (times)		93.79x

Compare with others

Bajaj Housing Finance IPO	Interarch Building Products IPO
Baazar Style Retail IPO	Baazar Style Retail IPO
ECO Mobility IPO	Bajaj Housing Finance IPO
Premier Energies IPO	ECO Mobility IPO
Interarch Building Products IPO	Premier Energies IPO
Orient Technologies IPO	Orient Technologies IPO
Unicommerce eSolutions IPO	Unicommerce eSolutions IPO
	Brainbees Solutions (Firstcry) IPO
	Ceigall India IPO
	Akums Drugs and Pharmaceuticals IPO

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