Aasaan Loans IPO vs Stanley Lifestyles IPO

Comparision between Aasaan Loans IPO and Stanley Lifestyles IPO.

IPO Details

Aasaan Loans IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stanley Lifestyles IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aasaan Loans IPO	Stanley Lifestyles 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	Gretex Corporate Services Limited	Axis Capital Limited ICICI Securities Limited Jm Financial Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Aasaan Loans IPO is up to ₹132.00 Cr whereas the issue size of the Stanley Lifestyles IPO is up to ₹537.02 Cr. The final issue price of Aasaan Loans IPO is ₹120.00 per share and of Stanley Lifestyles IPO is ₹369.00 per share.

	Aasaan Loans IPO	Stanley Lifestyles IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹114.00 per share	₹351.00 per share
Issue Price (Upper)	₹120.00 per share	₹369.00 per share
Issue Price (Final)	₹120.00 per share	₹369.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	125 shares	40 shares
Fresh Issue Size	1,10,00,000 shares	54,20,054 shares
Fresh Issue Size (Amount)	up to ₹132.00 Cr	up to ₹200.00 Cr
OFS Issue Size		91,33,454 shares
OFS Issue Size (Amount)		up to ₹337.02 Cr
Issue Size Total	1,10,00,000 shares	1,45,53,508 shares
Issue Size Total (Amount)	up to ₹132.00 Cr	up to ₹537.02 Cr

IPO Timetable

Aasaan Loans IPO opens on Jun 19, 2024, while Stanley Lifestyles IPO opens on Jun 21, 2024. The closing date of Aasaan Loans IPO and Stanley Lifestyles IPO is Jun 21, 2024, and Jun 25, 2024, respectively.

	Aasaan Loans IPO	Stanley Lifestyles IPO
Anchor Bid Date	Jun 18, 2024	Jun 20, 2024
Issue Open	Jun 19, 2024	Jun 21, 2024
Issue Close	Jun 21, 2024	Jun 25, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jun 26, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jun 27, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jun 27, 2024
Listing date (Tentative)	Jun 26, 2024	Jun 28, 2024
Anchor Lockin End date 1	Jul 24, 2024	Jul 26, 2024
Anchor Lockin End date 2	Sep 22, 2024	Sep 24, 2024

Financials

Aasaan Loans IPO P/E ratio is , as compared to Stanley Lifestyles IPO P/E ratio of 54.43.

Aasaan Loans IPO

Stanley Lifestyles IPO

Financial

Akme Fintrade India Ltd Financial Information (Restated)

Akme Fintrade India Ltd's revenue increased by 3.06% and profit after tax (PAT) rose by 283.5% 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	417.96	390.50	374.01	455.40
Revenue	53.45	69.57	67.50	86.79
Profit After Tax	12.25	15.80	4.12	16.31
Net Worth	217.01	204.78	136.84	130.26
Reserves and Surplus	185.34	173.11	115.03	108.45
Total Borrowing	195.19	177.76	230.06	317.82
Amount in ₹ Crore

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Stanley Lifestyles Limited's revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% 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	581.54	458.19	422.15	346.52
Revenue	322.29	425.62	297.76	201.71
Profit After Tax	18.70	34.98	23.22	1.92
Net Worth	237.21	216.50	199.76	182.93
Reserves and Surplus	225.83	207.88	191.31	174.96
Total Borrowing	30.90	9.37	6.09	0.25
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

56.01%

67.36%

Promoter Shareholding (Post-Issue)

56.81%

P/E Ratio

54.43

Market Cap

₹2103.94 Cr.

ROE

5.64%%

7.92%%

ROCE

8.63%%

Debt/Equity

2.49

0.86

EPS

₹3.87

₹6.78

RoNW

5.81%%

8.34%%

Shares Offered

In the Aasaan Loans IPO retail investors (RII) are offered 36,57,500 shares while in Stanley Lifestyles IPO retail investors are offered 36,57,500 shares. Qualified institutional buyers (QIB) are offered 20,90,000 shares in Aasaan Loans IPO and 29,10,702 shares in Stanley Lifestyles IPO.

	Aasaan Loans IPO	Stanley Lifestyles IPO
Anchor Investor Reserveration	31,35,000 shares	43,66,051 shares
Market Maker Reserveration
QIB	20,90,000 shares	29,10,702 shares
NII	15,67,500 shares	21,83,026 shares
RII	36,57,500 shares	50,93,728 shares
Employee	5,50,000 shares	0 shares
Others
Total	78,65,000 shares	1,01,87,456 shares

Bids Received (Subscription)

Aasaan Loans IPO subscribed 54.49x in total, whereas Stanley Lifestyles IPO subscribed 97.16x.

	Aasaan Loans IPO	Stanley Lifestyles IPO
QIB (times)	28.12x	215.62x
NII (times)	129.98x	121.42x
Big NII (times)	121.56x	136.75x
Small NII (times)	146.83x	90.76x
RII (times)	44.58x	19.08x
Employee (times)	5.42x
Other (times)
Total (times)	54.49x	97.16x

Compare with others

Aasaan Loans IPO	Stanley Lifestyles IPO
Bansal Wire IPO	Bansal Wire IPO
Emcure Pharma IPO	Emcure Pharma IPO
OLA Electric	OLA Electric
Vraj Iron and Steel IPO	Vraj Iron and Steel IPO
Stanley Lifestyles IPO	Aasaan Loans IPO
DEE Piping Systems IPO	DEE Piping Systems IPO
ixigo IPO	ixigo IPO
Kronox Lab Sciences IPO	Kronox Lab Sciences IPO
Awfis Space Solutions IPO	Awfis Space Solutions IPO
	Go Digit IPO

Comments

Add a public comment...