Aadhar Housing Finance IPO vs ixigo IPO

Comparision between Aadhar Housing Finance IPO and ixigo IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while ixigo IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aadhar Housing Finance IPO	ixigo 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 Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jm Financial Limited
Registrar	Kfin Technologies Limited	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 Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the ixigo IPO is up to ₹740.10 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of ixigo IPO is ₹93.00 per share.

	Aadhar Housing Finance IPO	ixigo IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹300.00 per share	₹88.00 per share
Issue Price (Upper)	₹315.00 per share	₹93.00 per share
Issue Price (Final)	₹315.00 per share	₹93.00 per share
Discount (Retail)
Discount (Employee)	₹23.00 per share
Market Lot Size	47 shares	161 shares
Fresh Issue Size	3,17,46,032 shares	1,29,03,226 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹120.00 Cr
OFS Issue Size	6,34,92,063 shares	6,66,77,674 shares
OFS Issue Size (Amount)	up to ₹2,000.00 Cr	up to ₹620.10 Cr
Issue Size Total	9,52,38,095 shares	7,95,80,900 shares
Issue Size Total (Amount)	up to ₹3,000.00 Cr	up to ₹740.10 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while ixigo IPO opens on Jun 10, 2024. The closing date of Aadhar Housing Finance IPO and ixigo IPO is May 10, 2024, and Jun 12, 2024, respectively.

	Aadhar Housing Finance IPO	ixigo IPO
Anchor Bid Date	May 07, 2024	Jun 07, 2024
Issue Open	May 08, 2024	Jun 10, 2024
Issue Close	May 10, 2024	Jun 12, 2024
Basis Of Allotment (Tentative)	May 13, 2024	Jun 13, 2024
Initiation of Refunds (Tentative)	May 14, 2024	Jun 14, 2024
Credit of Share (Tentative)	May 14, 2024	Jun 14, 2024
Listing date (Tentative)	May 15, 2024	Jun 18, 2024
Anchor Lockin End date 1	Jun 12, 2024	Jul 13, 2024
Anchor Lockin End date 2	Aug 11, 2024	Sep 11, 2024

Financials

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to ixigo IPO P/E ratio of 148.87.

Aadhar Housing Finance IPO

ixigo IPO

Financial

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

Aadhar Housing Finance Limited's revenue increased by 18.22% and profit after tax (PAT) rose by 22.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	18,035.57	16,617.87	14,375.81	13,630.33
Revenue	1,895.17	2,043.52	1,728.56	1,575.55
Profit After Tax	547.88	545.34	446.20	340.46
Net Worth	4,249.10	3,697.60	3,146.63	2,692.76
Total Borrowing	13,127.59	12,153.45	10,674.59	10,374.47
Amount in ₹ Crore

Le Travenues Technology Limited Financial Information (Restated Consolidated)

Le Travenues Technology Limited's revenue increased by 34.46% and profit after tax (PAT) rose by 210.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	678.71	585.93	538.47	185.07
Revenue	497.10	517.57	384.94	138.41
Profit After Tax	65.71	23.40	-21.09	7.53
Net Worth	437.13	373.76	342.69	29.94
Reserves and Surplus	399.83	334.17	303.22	-212.60
Total Borrowing	43.36	0.54	2.73	14.94
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

98.72%

Promoter Shareholding (Post-Issue)

76.48%

P/E Ratio

22.8

148.87

Market Cap

₹13434.78 Cr.

₹3603.04 Cr.

ROE

18.4%%

ROCE

Debt/Equity

3.1

EPS

₹13.81

₹0.62

RoNW

12.9%%

15.26%%

Shares Offered

In the Aadhar Housing Finance IPO retail investors (RII) are offered 3,32,55,556 shares while in ixigo IPO retail investors are offered 3,32,55,556 shares. Qualified institutional buyers (QIB) are offered 1,90,03,176 shares in Aadhar Housing Finance IPO and 2,38,74,271 shares in ixigo IPO.

	Aadhar Housing Finance IPO	ixigo IPO
Anchor Investor Reserveration	2,85,04,761 shares	3,58,11,405 shares
Market Maker Reserveration
QIB	1,90,03,176 shares	2,38,74,271 shares
NII	1,42,52,381 shares	1,19,37,134 shares
RII	3,32,55,556 shares	79,58,089 shares
Employee	2,39,726 shares	0 shares
Others
Total	6,67,50,839 shares	4,37,69,494 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas ixigo IPO subscribed 98.10x.

	Aadhar Housing Finance IPO	ixigo IPO
QIB (times)	76.42x	106.73x
NII (times)	17.33x	110.25x
Big NII (times)	18.90x	117.40x
Small NII (times)	14.19x	95.95x
RII (times)	2.58x	53.95x
Employee (times)	6.88x
Other (times)
Total (times)	26.76x	98.10x

Compare with others

Aadhar Housing Finance IPO	ixigo IPO
DEE Piping Systems IPO	OLA Electric
ixigo IPO	Vraj Iron and Steel IPO
Kronox Lab Sciences IPO	Aasaan Loans IPO
Awfis Space Solutions IPO	Stanley Lifestyles IPO
Go Digit IPO	DEE Piping Systems IPO
TBO Tek IPO	Kronox Lab Sciences IPO
Indegene IPO	Awfis Space Solutions IPO
JNK India IPO	Go Digit IPO
VI FPO	Aadhar Housing Finance IPO
Bharti Hexacom IPO	TBO Tek IPO

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