Comparison between Cyient DLM IPO and Utkarsh Small Finance Bank IPO.
Cyient DLM IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Utkarsh Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Cyient DLM IPO is up to ₹592.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.
| Cyient DLM IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹250.00 per share | ₹23.00 per share |
| Issue Price (Upper) | ₹265.00 per share | ₹25.00 per share |
| Issue Price (Final) | ₹265.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | ₹0.00 per share |
| Market Lot Size | 56 shares | 600 shares |
| Fresh Issue Size | 2,23,64,653 shares | 20,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹592.00 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,23,64,653 shares | 20,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹592.00 Cr | up to ₹500.00 Cr |
Cyient DLM IPO opens on Jun 27, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of Cyient DLM IPO and Utkarsh Small Finance Bank IPO is Jun 30, 2023, and Jul 14, 2023, respectively.
| Cyient DLM IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Jun 26, 2023 | Jul 11, 2023 |
| Issue Open | Jun 27, 2023 | Jul 12, 2023 |
| Issue Close | Jun 30, 2023 | Jul 14, 2023 |
| Basis Of Allotment (Tentative) | Jul 04, 2023 | Jul 19, 2023 |
| Initiation of Refunds (Tentative) | Jul 05, 2023 | Jul 20, 2023 |
| Credit of Share (Tentative) | Jul 06, 2023 | Jul 21, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Aug 03, 2023 | Aug 18, 2023 |
| Anchor Lockin End date 2 | Oct 02, 2023 | Oct 17, 2023 |
Cyient DLM IPO P/E ratio is 66.25, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.
| Cyient DLM IPO | Utkarsh Small Finance Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.84 | 84.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.68 | 69.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 66.25 | 6.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2101.00 Cr. | ₹2739.76 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.1% | 22.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.48% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 8.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.07 | ₹4.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.45% | 20.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.
| Cyient DLM IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,98,113 shares | 8,91,00,000 shares |
| Market Maker Reservation | ||
| QIB | 65,32,076 shares | 5,94,00,000 shares |
| NII | 32,66,037 shares | 2,97,00,000 shares |
| RII | 21,77,358 shares | 1,98,00,000 shares |
| Employee | 6,00,000 shares | 20,00,000 shares |
| Others | ||
| Total | 2,23,73,584 shares | 20,00,00,000 shares |
Cyient DLM IPO subscribed 71.35x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.
| Cyient DLM IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 95.87x | 135.71x |
| NII (times) | 47.75x | 88.74x |
| Big NII (times) | 50.48x | 91.83x |
| Small NII (times) | 42.31x | 82.57x |
| RII (times) | 52.17x | 78.38x |
| Employee (times) | 2.60x | 18.02x |
| Other (times) | ||
| Total (times) | 71.35x | 110.77x |
