Archean Chemical IPO vs Landmark Cars IPO

Comparision between Archean Chemical IPO and Landmark Cars IPO.

IPO Details

Archean Chemical IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Landmark Cars IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Archean Chemical IPO	Landmark Cars 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	Axis Capital Limited ICICI Securities Limited
Registrar	Link Intime India Private 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 Archean Chemical IPO is up to ₹1,462.31 Cr whereas the issue size of the Landmark Cars IPO is up to ₹552.00 Cr. The final issue price of Archean Chemical IPO is ₹407.00 per share and of Landmark Cars IPO is ₹506.00 per share.

	Archean Chemical IPO	Landmark Cars IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹386.00 per share	₹481.00 per share
Issue Price (Upper)	₹407.00 per share	₹506.00 per share
Issue Price (Final)	₹407.00 per share	₹506.00 per share
Discount (Retail)
Discount (Employee)		₹48.00 per share
Market Lot Size	36 shares	29 shares
Fresh Issue Size	1,97,78,870 shares	29,64,427 shares
Fresh Issue Size (Amount)	up to ₹805.00 Cr	up to ₹150.00 Cr
OFS Issue Size	1,61,50,000 shares	79,44,664 shares
OFS Issue Size (Amount)	up to ₹657.31 Cr	up to ₹402.00 Cr
Issue Size Total	3,59,28,870 shares	1,09,09,091 shares
Issue Size Total (Amount)	up to ₹1,462.31 Cr	up to ₹552.00 Cr

IPO Timetable

Archean Chemical IPO opens on Nov 09, 2022, while Landmark Cars IPO opens on Dec 13, 2022. The closing date of Archean Chemical IPO and Landmark Cars IPO is Nov 11, 2022, and Dec 15, 2022, respectively.

	Archean Chemical IPO	Landmark Cars IPO
Anchor Bid Date		Dec 12, 2022
Issue Open	Nov 09, 2022	Dec 13, 2022
Issue Close	Nov 11, 2022	Dec 15, 2022
Basis Of Allotment (Tentative)	Nov 16, 2022	Dec 20, 2022
Initiation of Refunds (Tentative)	Nov 17, 2022	Dec 21, 2022
Credit of Share (Tentative)	Nov 18, 2022	Dec 22, 2022
Listing date (Tentative)	Nov 21, 2022	Dec 23, 2022
Anchor Lockin End date 1	Dec 16, 2022	Jan 19, 2023
Anchor Lockin End date 2	Feb 14, 2023	Mar 20, 2023

Financials

Archean Chemical IPO P/E ratio is 16.78, as compared to Landmark Cars IPO P/E ratio of 27.61.

Archean Chemical IPO

Landmark Cars 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

Landmark Cars Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	1008.03	2834.62	-24.43	187.96	478.78
31-Mar-20	831.77	2228.93	-28.94	169.12	357.91
31-Mar-21	887.9	1966.34	11.15	181.78	327.44
31-Mar-22	1085.38	2989.12	66.18	246.94	308.49
30-Jun-22	1209.37	801.9	18.14	268.27	464.36
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

65.58%

60.24%

Promoter Shareholding (Post-Issue)

53.41%

44.61%

P/E Ratio

16.78

27.61

Market Cap

₹5665.56 Cr.

₹2003.26 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 Landmark Cars 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 22,91,061 shares in Landmark Cars IPO.

	Archean Chemical IPO	Landmark Cars IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,07,06,095 shares	22,91,061 shares
NII	55,50,738 shares	17,18,295 shares
RII	37,00,492 shares	40,09,355 shares
Employee	0 shares	23,094 shares
Others
Total	1,99,57,325 shares	80,41,805 shares

Bids Received (Subscription)

Archean Chemical IPO subscribed 32.23x in total, whereas Landmark Cars IPO subscribed 3.06x.

	Archean Chemical IPO	Landmark Cars IPO
QIB (times)	48.91x	8.71x
NII (times)	14.90x	1.32x
Big NII (times)	16.90x	1.59x
Small NII (times)	10.92x	0.78x
RII (times)	9.96x	0.59x
Employee (times)		2.93x
Other (times)
Total (times)	32.23x	3.06x

Compare with others

Archean Chemical IPO	Landmark Cars IPO
Sula Vineyards IPO	Abans Holdings IPO
Dharmaj Crop Guard IPO	Sah Polymers IPO
Landmark Cars IPO	Elin Electronics IPO
Keystone Realtors IPO	Sula Vineyards IPO
Inox Green Energy IPO	Dharmaj Crop Guard IPO
Bikaji Foods IPO	Keystone Realtors IPO
Fusion Micro Finance IPO	Inox Green Energy IPO
Global Health IPO	Archean Chemical IPO
Five Star Business Finance IPO	Bikaji Foods IPO
Uniparts India IPO	Fusion Micro Finance IPO

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