Bajaj Housing Finance IPO vs Premier Energies IPO

Comparision between Bajaj Housing Finance IPO and Premier Energies IPO.

IPO Details

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

	Bajaj Housing Finance IPO	Premier Energies 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	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited ICICI Securities Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
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 Premier Energies IPO is up to ₹2,830.40 Cr. The final issue price of Bajaj Housing Finance IPO is ₹70.00 per share and of Premier Energies IPO is ₹450.00 per share.

	Bajaj Housing Finance IPO	Premier Energies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹66.00 per share	₹427.00 per share
Issue Price (Upper)	₹70.00 per share	₹450.00 per share
Issue Price (Final)	₹70.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)		₹22.00 per share
Market Lot Size	214 shares	33 shares
Fresh Issue Size	50,85,71,429 shares	2,86,97,777 shares
Fresh Issue Size (Amount)	up to ₹3,560.00 Cr	up to ₹1,291.40 Cr
OFS Issue Size	42,85,71,429 shares	3,42,00,000 shares
OFS Issue Size (Amount)	up to ₹3,000.00 Cr	up to ₹1,539.00 Cr
Issue Size Total	93,71,42,858 shares	6,28,97,777 shares
Issue Size Total (Amount)	up to ₹6,560.00 Cr	up to ₹2,830.40 Cr

IPO Timetable

Bajaj Housing Finance IPO opens on Sep 09, 2024, while Premier Energies IPO opens on Aug 27, 2024. The closing date of Bajaj Housing Finance IPO and Premier Energies IPO is Sep 11, 2024, and Aug 29, 2024, respectively.

	Bajaj Housing Finance IPO	Premier Energies IPO
Anchor Bid Date	Sep 06, 2024	Aug 26, 2024
Issue Open	Sep 09, 2024	Aug 27, 2024
Issue Close	Sep 11, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Sep 02, 2024
Credit of Share (Tentative)	Sep 13, 2024	Sep 02, 2024
Listing date (Tentative)	Sep 16, 2024	Sep 03, 2024
Anchor Lockin End date 1	Oct 12, 2024	Sep 28, 2024
Anchor Lockin End date 2	Dec 11, 2024	Nov 27, 2024

Financials

Bajaj Housing Finance IPO P/E ratio is 31.62, as compared to Premier Energies IPO P/E ratio of 82.09.

Bajaj Housing Finance IPO

Premier Energies 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

Premier Energies Limited Financial Information (Restated Consolidated)

Period Ended	30 Jun 2024	21 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,735.50	3,554.13	2,110.69	1,341.49
Revenue	1,668.79	3,171.31	1,463.21	767.03
Profit After Tax	198.16	231.36	-13.34	-14.41
Net Worth	26.96	36.49	-0.24	-0.51
Reserves and Surplus	255.73	455.76	224.40	209.20
Total Borrowing	1,200.16	1,392.24	763.54	453.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

72.22%

Promoter Shareholding (Post-Issue)

87.8%

66.03%

P/E Ratio

31.62

82.09

Market Cap

₹58297.03 Cr.

₹20284.33 Cr.

ROE

43.73%%

ROCE

25.65%%

Debt/Equity

5.7

1.86

EPS

₹2.21

₹5.48

RoNW

3.6%%

37.46%%

Shares Offered

In the Bajaj Housing Finance IPO retail investors (RII) are offered 29,30,00,000 shares while in Premier Energies 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 1,25,35,111 shares in Premier Energies IPO.

	Bajaj Housing Finance IPO	Premier Energies IPO
Anchor Investor Reserveration	25,11,42,856 shares	1,88,02,666 shares
Market Maker Reserveration
QIB	16,74,28,580 shares	1,25,35,111 shares
NII	12,55,71,430 shares	94,01,333 shares
RII	29,30,00,000 shares	2,19,36,444 shares
Employee	2,85,71,428 shares	2,33,644 shares
Others
Total	68,60,00,009 shares	4,41,06,533 shares

Bids Received (Subscription)

Bajaj Housing Finance IPO subscribed 67.43x in total, whereas Premier Energies IPO subscribed 75.00x.

	Bajaj Housing Finance IPO	Premier Energies IPO
QIB (times)	222.05x	212.42x
NII (times)	43.98x	50.98x
Big NII (times)	50.53x	58.00x
Small NII (times)	30.88x	36.96x
RII (times)	7.41x	7.44x
Employee (times)	2.13x	11.32x
Other (times)	18.54x
Total (times)	67.43x	75.00x

Compare with others

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

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