Home First Finance IPO vs Stove Kraft IPO

Comparision between Home First Finance IPO and Stove Kraft IPO.

IPO Details

Home First Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Home First Finance IPO	Stove Kraft 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	Axis Capital Limited Credit Suisse Securities (India) Private Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited	Edelweiss Financial Services Ltd Jm Financial Limited
Registrar	Kfin Technologies Limited	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 Home First Finance IPO is up to ₹1,153.72 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.63 Cr. The final issue price of Home First Finance IPO is ₹518.00 per share and of Stove Kraft IPO is ₹385.00 per share.

	Home First Finance IPO	Stove Kraft IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹517.00 per share	₹384.00 per share
Issue Price (Upper)	₹518.00 per share	₹385.00 per share
Issue Price (Final)	₹518.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	28 shares	38 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹265.00 Cr	up to ₹95.00 Cr
OFS Issue Size		82,50,000 shares
OFS Issue Size (Amount)	up to ₹888.72 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,153.72 Cr	up to ₹412.63 Cr

IPO Timetable

Home First Finance IPO opens on Jan 21, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of Home First Finance IPO and Stove Kraft IPO is Jan 25, 2021, and Jan 28, 2021, respectively.

	Home First Finance IPO	Stove Kraft IPO
Anchor Bid Date
Issue Open	Jan 21, 2021	Jan 25, 2021
Issue Close	Jan 25, 2021	Jan 28, 2021
Basis Of Allotment (Tentative)	Jan 29, 2021	Feb 02, 2021
Initiation of Refunds (Tentative)	Feb 01, 2021	Feb 03, 2021
Credit of Share (Tentative)	Feb 02, 2021	Feb 04, 2021
Listing date (Tentative)	Feb 03, 2021	Feb 05, 2021
Anchor Lockin End date 1	Feb 28, 2021	Mar 04, 2021
Anchor Lockin End date 2	Apr 29, 2021	May 03, 2021

Financials

Home First Finance IPO P/E ratio is , as compared to Stove Kraft IPO P/E ratio of .

Home First Finance IPO

Stove Kraft IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	37,221.96	34,796.11	24,820.05	13,649.42
Total Revenue	2,431.93	4,196.57	2,709.21	1,342.37
Profit After Tax	529.53	792.49	452.04	159.96

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,984.99	4,712.91	4,257.26	3,936.42
Total Revenue	3,295.09	6,729.14	6,425.98	5,345.85
Profit After Tax	287.76	31.70	7.36	(120.18)

Promoter Shareholding (Pre-Issue)

52.85%

61.31%

Promoter Shareholding (Post-Issue)

33.70%

54.36%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Home First Finance IPO retail investors (RII) are offered 78,10,475 shares while in Stove Kraft IPO retail investors are offered 78,10,475 shares. Qualified institutional buyers (QIB) are offered 44,63,127 shares in Home First Finance IPO and 32,15,260 shares in Stove Kraft IPO.

	Home First Finance IPO	Stove Kraft IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	44,63,127 shares	32,15,260 shares
NII	33,47,346 shares	16,07,629 shares
RII	78,10,475 shares	10,71,753 shares
Employee	0 shares	0 shares
Others
Total	1,56,20,948 shares	58,94,642 shares

Bids Received (Subscription)

Home First Finance IPO subscribed 26.66x in total, whereas Stove Kraft IPO subscribed 18.03x.

	Home First Finance IPO	Stove Kraft IPO
QIB (times)	52.53x	8.02x
NII (times)	39.00x	32.72x
Big NII (times)
Small NII (times)
RII (times)	6.59x	26.04x
Employee (times)
Other (times)
Total (times)	26.66x	18.03x

Compare with others

Home First Finance IPO	Stove Kraft IPO
MTAR Technologies IPO	EaseMyTrip IPO
Heranba Industries IPO	MTAR Technologies IPO
Nureca limited IPO	Heranba Industries IPO
Brookfield India REIT	Nureca limited IPO
Stove Kraft IPO	Brookfield India REIT
Indigo Paints IPO	Home First Finance IPO
Antony Waste IPO	Indigo Paints IPO
Mrs. Bectors Food IPO	Antony Waste IPO
IRFC IPO	Mrs. Bectors Food IPO
Burger King IPO	IRFC IPO

Comments

Add a public comment...