Bajaj Housing Finance IPO vs Orient Technologies IPO

Comparision between Bajaj Housing Finance IPO and Orient Technologies IPO.

IPO Details

Bajaj Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Orient Technologies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bajaj Housing Finance IPO	Orient Technologies 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	Elara Capital (India) Private 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 Bajaj Housing Finance IPO is up to ₹6,560.00 Cr whereas the issue size of the Orient Technologies IPO is up to ₹214.76 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Orient Technologies IPO is ₹206.00 per share.

	Bajaj Housing Finance IPO	Orient Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹66.00 per share	₹195.00 per share
Issue Price (Upper)	₹70.00 per share	₹206.00 per share
Issue Price (Final)	₹70.00 per share	₹206.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	214 shares	72 shares
Fresh Issue Size	50,85,71,429 shares	58,25,243 shares
Fresh Issue Size (Amount)	up to ₹3,560.00 Cr	up to ₹120.00 Cr
OFS Issue Size	42,85,71,429 shares	46,00,000 shares
OFS Issue Size (Amount)	up to ₹3,000.00 Cr	up to ₹94.76 Cr
Issue Size Total	93,71,42,858 shares	1,04,25,243 shares
Issue Size Total (Amount)	up to ₹6,560.00 Cr	up to ₹214.76 Cr

IPO Timetable

Bajaj Housing Finance IPO opens on Sep 09, 2024, while Orient Technologies IPO opens on Aug 21, 2024. The closing date of Bajaj Housing Finance IPO and Orient Technologies IPO is Sep 11, 2024, and Aug 23, 2024, respectively.

	Bajaj Housing Finance IPO	Orient Technologies IPO
Anchor Bid Date	Sep 06, 2024	Aug 19, 2024
Issue Open	Sep 09, 2024	Aug 21, 2024
Issue Close	Sep 11, 2024	Aug 23, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Aug 26, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Aug 27, 2024
Credit of Share (Tentative)	Sep 13, 2024	Aug 27, 2024
Listing date (Tentative)	Sep 16, 2024	Aug 28, 2024
Anchor Lockin End date 1	Oct 12, 2024	Sep 24, 2024
Anchor Lockin End date 2	Dec 11, 2024	Nov 23, 2024

Financials

Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Orient Technologies IPO P/E ratio of 17.8.

Bajaj Housing Finance IPO

Orient Technologies 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	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	88,538.83	81,827.09	64,654.14	48,527.08
Revenue	2,208.73	7,617.71	5,665.44	3,767.13
Profit After Tax	482.61	1,731.22	1,257.8	709.62
Net Worth	14,719.91	12,233.5	10,503.19	6,741.36
Reserves and Surplus	4,252.83	5,520.81	3,791.03	1,858.03
Total Borrowing	73,347.06	69,129.32	53,745.39	41,492.32
Amount in ₹ Crore

Orient Technologies Limited Financial Information (Restated)

Orient Technologies Limited's revenue increased by 12% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	311.14	215.25	176.32	112.45
Revenue	606.86	542.01	469.12	248.96
Profit After Tax	41.45	38.3	33.49	0.13
Net Worth	175.31	128.82	94.11	61.29
Reserves and Surplus	138.79	111.32	76.61	44.79
Total Borrowing	4.82	12.86	2.28	9.22
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

97.96%

Promoter Shareholding (Post-Issue)

87.8%

73.21%

P/E Ratio

31.62

17.8

Market Cap

₹58297.03 Cr.

₹857.82 Cr.

ROE

27.26%

ROCE

28.42%

Debt/Equity

5.7

EPS

₹2.21

₹11.57

RoNW

3.6%%

23.64%

Shares Offered

In the Bajaj Housing Finance IPO retail investors (RII) are offered 29,30,00,000 shares while in Orient Technologies IPO retail investors are offered 29,30,00,000 shares. Qualified institutional buyers (QIB) are offered 16,74,28,580 shares in Bajaj Housing Finance IPO and 20,85,049 shares in Orient Technologies IPO.

	Bajaj Housing Finance IPO	Orient Technologies IPO
Anchor Investor Reserveration	25,11,42,856 shares	31,27,522 shares
Market Maker Reserveration
QIB	16,74,28,580 shares	20,85,049 shares
NII	12,55,71,430 shares	15,63,786 shares
RII	29,30,00,000 shares	36,48,835 shares
Employee	2,85,71,428 shares	0 shares
Others
Total	68,60,00,009 shares	72,97,670 shares

Bids Received (Subscription)

Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Orient Technologies IPO subscribed 154.84x.

	Bajaj Housing Finance IPO	Orient Technologies IPO
QIB (times)	222.05x	188.79x
NII (times)	43.98x	310.03x
Big NII (times)	50.53x	343.45x
Small NII (times)	30.88x	243.20x
RII (times)	7.41x	68.93x
Employee (times)	2.13x
Other (times)	18.54x
Total (times)	67.43x	154.84x

Compare with others

Bajaj Housing Finance IPO	Orient Technologies IPO
Kross IPO	Baazar Style Retail IPO
Tolins Tyres IPO	Bajaj Housing Finance IPO
Shree Tirupati Balajee IPO	ECO Mobility IPO
Gala Precision Engineering IPO	Premier Energies IPO
Baazar Style Retail IPO	Interarch Building Products IPO
ECO Mobility IPO	Unicommerce eSolutions IPO
Premier Energies IPO	Brainbees Solutions (Firstcry) IPO
Interarch Building Products IPO	Ceigall India IPO
Orient Technologies IPO	Akums Drugs and Pharmaceuticals IPO
Unicommerce eSolutions IPO	Sanstar IPO

Comments

Add a public comment...