CSB Bank IPO vs SBI Cards IPO

Comparison between CSB Bank IPO and SBI Cards IPO.

IPO Details

CSB Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBI Cards IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of CSB Bank IPO is up to ₹409.68 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of SBI Cards IPO is ₹755.00 per share.

 CSB Bank IPOSBI Cards IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹193.00 per share₹750.00 per share
Issue Price (Upper)₹195.00 per share₹755.00 per share
Issue Price (Final)₹195.00 per share₹755.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹75.00 per share
Market Lot Size75 shares19 shares
Fresh Issue Size12,30,769 shares66,22,516 shares
Fresh Issue Size (Amount)up to ₹24.00 Crup to ₹499.32 Cr
OFS Issue Size1,97,78,298 shares13,05,26,798 shares
OFS Issue Size (Amount)up to ₹385.68 Crup to ₹9,841.46 Cr
Issue Size Total2,10,09,067 shares13,71,49,314 shares
Issue Size Total (Amount)up to ₹409.68 Crup to ₹10,340.79 Cr

IPO Timetable

CSB Bank IPO opens on Nov 22, 2019, while SBI Cards IPO opens on Mar 02, 2020. The closing date of CSB Bank IPO and SBI Cards IPO is Nov 26, 2019, and Mar 05, 2020, respectively.

 CSB Bank IPOSBI Cards IPO
Anchor Bid DateNov 21, 2019Feb 28, 2020
Issue OpenNov 22, 2019Mar 02, 2020
Issue CloseNov 26, 2019Mar 05, 2020
Basis Of Allotment (Tentative)Dec 02, 2019Mar 11, 2020
Initiation of Refunds (Tentative)Dec 03, 2019Mar 12, 2020
Credit of Share (Tentative)Dec 03, 2019Mar 13, 2020
Listing date (Tentative)Dec 04, 2019Mar 16, 2020
Anchor Lockin End date 1Jan 01, 2020Apr 10, 2020
Anchor Lockin End date 2Mar 01, 2020Jun 09, 2020

Financials & KPIs

CSB Bank IPO P/E ratio is , as compared to SBI Cards IPO P/E ratio of 45.8.

 CSB Bank IPOSBI Cards IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)50.0974
Promoter Shareholding (Post-Issue)49.769.51
P/E Ratio45.8
Market Cap₹3382.39 Cr.₹70890.00 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the CSB Bank IPO Retail Individual Investors (RII) are offered 21,00,906 shares while in SBI Cards IPO retail investors are offered 21,00,906 shares. Qualified Institutional Buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 2,44,46,393 shares in SBI Cards IPO.

 CSB Bank IPOSBI Cards IPO
Anchor Investor Reservation94,54,080 shares3,66,69,589 shares
Market Maker Reservation0 shares
QIB63,02,721 shares2,44,46,393 shares
NII31,51,360 shares1,83,34,795 shares
RII21,00,906 shares4,27,81,188 shares
Employee18,64,669 shares
Others
Total2,10,09,067 shares13,71,49,314 shares

Bids Received (Subscription)

CSB Bank IPO subscribed 86.91x in total, whereas SBI Cards IPO subscribed 26.54x.

 CSB Bank IPOSBI Cards IPO
QIB (times)62.18x57.18x
NII (times)164.68x45.23x
Big NII (times)
Small NII (times)
RII (times)44.46x2.50x
Employee (times)4.74x
Other (times)25.36x
Total (times)86.91x26.54x

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