Ruchi Soya FPO vs Sona Comstar IPO

Comparision between Ruchi Soya FPO and Sona Comstar IPO.

IPO Details

Ruchi Soya FPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sona Comstar IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Ruchi Soya FPO	Sona Comstar IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	FPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited	Credit Suisse Securities (India) Private Limited J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ruchi Soya FPO is up to ₹4,300.00 Cr whereas the issue size of the Sona Comstar IPO is up to ₹5,550.00 Cr. The final issue price of Ruchi Soya FPO is ₹650.00 per share and of Sona Comstar IPO is ₹291.00 per share.

	Ruchi Soya FPO	Sona Comstar IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹615.00 per share	₹285.00 per share
Issue Price (Upper)	₹650.00 per share	₹291.00 per share
Issue Price (Final)	₹650.00 per share	₹291.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	51 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹300.00 Cr
OFS Issue Size
OFS Issue Size (Amount)		up to ₹5,250.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹4,300.00 Cr	up to ₹5,550.00 Cr

IPO Timetable

Ruchi Soya FPO opens on Mar 24, 2022, while Sona Comstar IPO opens on Jun 14, 2021. The closing date of Ruchi Soya FPO and Sona Comstar IPO is Mar 28, 2022, and Jun 16, 2021, respectively.

	Ruchi Soya FPO	Sona Comstar IPO
Anchor Bid Date
Issue Open	Mar 24, 2022	Jun 14, 2021
Issue Close	Mar 28, 2022	Jun 16, 2021
Basis Of Allotment (Tentative)	Apr 05, 2022	Jun 21, 2021
Initiation of Refunds (Tentative)	Apr 06, 2022	Jun 22, 2021
Credit of Share (Tentative)	Apr 07, 2022	Jun 23, 2021
Listing date (Tentative)	Apr 08, 2022	Jun 24, 2021
Anchor Lockin End date 1	May 05, 2022	Jul 21, 2021
Anchor Lockin End date 2	Jul 04, 2022	Sep 19, 2021

Financials

Ruchi Soya FPO P/E ratio is 30.86, as compared to Sona Comstar IPO P/E ratio of .

Ruchi Soya FPO

Sona Comstar IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	941,180.62	900,881.98	786,761.13	789,427.20
Total Revenue	1,130,698.62	1,638,297.71	1,317,536.56	1,282,925.56
Profit After Tax	33,780.52	68,077.18	771,461.39	3,412.89

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	21,748.30	18,506.82	16,325.57
Total Revenue	15,686.41	10,437.65	7,025.01
Profit After Tax	2,151.65	3,603.43	1,731.80

Promoter Shareholding (Pre-Issue)

98.90%

100%

Promoter Shareholding (Post-Issue)

80.82%

67.30%

P/E Ratio

30.86

Market Cap

₹23529.67 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Ruchi Soya FPO retail investors (RII) are offered 2,31,50,000 shares while in Sona Comstar IPO retail investors are offered 2,31,50,000 shares. Qualified institutional buyers (QIB) are offered 3,30,71,000 shares in Ruchi Soya FPO and 5,84,21,052 shares in Sona Comstar IPO.

	Ruchi Soya FPO	Sona Comstar IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	3,30,71,000 shares	5,84,21,052 shares
NII	99,21,000 shares	2,92,10,526 shares
RII	2,31,50,000 shares	1,94,73,684 shares
Employee	10,000 shares	0 shares
Others
Total	6,61,52,000 shares	10,71,05,262 shares

Bids Received (Subscription)

Ruchi Soya FPO subscribed 3.60x in total, whereas Sona Comstar IPO subscribed 2.28x.

	Ruchi Soya FPO	Sona Comstar IPO
QIB (times)	2.20x	3.46x
NII (times)	11.75x	0.39x
Big NII (times)
Small NII (times)
RII (times)	0.90x	1.58x
Employee (times)	7.76x
Other (times)
Total (times)	3.60x	2.28x

Compare with others

Ruchi Soya FPO	Sona Comstar IPO
Zomato IPO	G R Infraprojects IPO
Glenmark Life Sciences IPO	India Pesticides IPO
Clean Science IPO	Ruchi Soya FPO
G R Infraprojects IPO	KIMS IPO
India Pesticides IPO	Dodla Dairy IPO
KIMS IPO	POWERGRID InvIT IPO April 2021
Dodla Dairy IPO	Shyam Metalics IPO
Sona Comstar IPO	Lodha Developers IPO
POWERGRID InvIT IPO April 2021	Barbeque Nation IPO
Shyam Metalics IPO	Suryoday Small Finance Bank IPO

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