Comparison between CSB Bank IPO and Spandana Sphoorty Financial IPO.
CSB Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Spandana Sphoorty Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CSB Bank IPO is up to ₹409.68 Cr whereas the issue size of the Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of Spandana Sphoorty Financial IPO is ₹856.00 per share.
| CSB Bank IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹193.00 per share | ₹853.00 per share |
| Issue Price (Upper) | ₹195.00 per share | ₹856.00 per share |
| Issue Price (Final) | ₹195.00 per share | ₹856.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 75 shares | 17 shares |
| Fresh Issue Size | 12,30,769 shares | 45,43,385 shares |
| Fresh Issue Size (Amount) | up to ₹24.00 Cr | up to ₹388.91 Cr |
| OFS Issue Size | 1,97,78,298 shares | 93,56,725 shares |
| OFS Issue Size (Amount) | up to ₹385.68 Cr | up to ₹800.94 Cr |
| Issue Size Total | 2,10,09,067 shares | 1,39,00,110 shares |
| Issue Size Total (Amount) | up to ₹409.68 Cr | up to ₹1,189.85 Cr |
CSB Bank IPO opens on Nov 22, 2019, while Spandana Sphoorty Financial IPO opens on Aug 05, 2019. The closing date of CSB Bank IPO and Spandana Sphoorty Financial IPO is Nov 26, 2019, and Aug 07, 2019, respectively.
| CSB Bank IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2019 | Aug 02, 2019 |
| Issue Open | Nov 22, 2019 | Aug 05, 2019 |
| Issue Close | Nov 26, 2019 | Aug 07, 2019 |
| Basis Of Allotment (Tentative) | Dec 02, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Dec 03, 2019 | Aug 14, 2019 |
| Credit of Share (Tentative) | Dec 03, 2019 | Aug 16, 2019 |
| Listing date (Tentative) | Dec 04, 2019 | Aug 19, 2019 |
| Anchor Lockin End date 1 | Jan 01, 2020 | Sep 13, 2019 |
| Anchor Lockin End date 2 | Mar 01, 2020 | Nov 12, 2019 |
CSB Bank IPO P/E ratio is , as compared to Spandana Sphoorty Financial IPO P/E ratio of .
| CSB Bank IPO | Spandana Sphoorty Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 50.09 | 81.21 | ||||
| Promoter Shareholding (Post-Issue) | 49.7 | 62.6 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3382.39 Cr. | ₹5504.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CSB Bank IPO Retail Individual Investors (RII) are offered 21,00,906 shares while in Spandana Sphoorty Financial IPO retail investors are offered 21,00,906 shares. Qualified Institutional Buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 28,05,924 shares in Spandana Sphoorty Financial IPO.
| CSB Bank IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 94,54,080 shares | 42,08,886 shares |
| Market Maker Reservation | ||
| QIB | 63,02,721 shares | 28,05,924 shares |
| NII | 31,51,360 shares | 21,04,444 shares |
| RII | 21,00,906 shares | 49,10,368 shares |
| Employee | ||
| Others | ||
| Total | 2,10,09,067 shares | 1,40,29,622 shares |
CSB Bank IPO subscribed 86.91x in total, whereas Spandana Sphoorty Financial IPO subscribed 1.05x.
| CSB Bank IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| QIB (times) | 62.18x | 3.11x |
| NII (times) | 164.68x | 0.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 44.46x | 0.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 86.91x | 1.05x |
