Comparison between Equitas Small Finance Bank IPO and IRCTC IPO.
Equitas Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IRCTC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Equitas Small Finance Bank IPO is up to ₹517.60 Cr whereas the issue size of the IRCTC IPO is up to ₹637.97 Cr. The final issue price of Equitas Small Finance Bank IPO is ₹33.00 per share and of IRCTC IPO is ₹320.00 per share.
| Equitas Small Finance Bank IPO | IRCTC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹32.00 per share | ₹315.00 per share |
| Issue Price (Upper) | ₹33.00 per share | ₹320.00 per share |
| Issue Price (Final) | ₹33.00 per share | ₹320.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹10.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹10.00 per share |
| Market Lot Size | 450 shares | 40 shares |
| Fresh Issue Size | 8,48,48,484 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹280.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 7,20,00,000 shares | 2,01,60,000 shares |
| OFS Issue Size (Amount) | up to ₹237.60 Cr | up to ₹637.97 Cr |
| Issue Size Total | 15,68,48,484 shares | 2,01,60,000 shares |
| Issue Size Total (Amount) | up to ₹517.60 Cr | up to ₹637.97 Cr |
Equitas Small Finance Bank IPO opens on Oct 20, 2020, while IRCTC IPO opens on Sep 30, 2019. The closing date of Equitas Small Finance Bank IPO and IRCTC IPO is Oct 22, 2020, and Oct 03, 2019, respectively.
| Equitas Small Finance Bank IPO | IRCTC IPO | |
|---|---|---|
| Anchor Bid Date | Oct 19, 2020 | |
| Issue Open | Oct 20, 2020 | Sep 30, 2019 |
| Issue Close | Oct 22, 2020 | Oct 03, 2019 |
| Basis Of Allotment (Tentative) | Oct 27, 2020 | Oct 09, 2019 |
| Initiation of Refunds (Tentative) | Oct 28, 2020 | Oct 10, 2019 |
| Credit of Share (Tentative) | Oct 29, 2020 | Oct 11, 2019 |
| Listing date (Tentative) | Nov 02, 2020 | Oct 14, 2019 |
| Anchor Lockin End date 1 | Nov 26, 2020 | |
| Anchor Lockin End date 2 | Jan 25, 2021 |
Equitas Small Finance Bank IPO P/E ratio is , as compared to IRCTC IPO P/E ratio of .
| Equitas Small Finance Bank IPO | IRCTC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 87.4 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹3756.23 Cr. | ₹5120.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Equitas Small Finance Bank IPO Retail Individual Investors (RII) are offered 4,93,81,819 shares while in IRCTC IPO retail investors are offered 4,93,81,819 shares. Qualified Institutional Buyers (QIB) are offered 2,82,18,182 shares in Equitas Small Finance Bank IPO and 1,00,00,000 shares in IRCTC IPO.
| Equitas Small Finance Bank IPO | IRCTC IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,23,27,271 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 2,82,18,182 shares | 1,00,00,000 shares |
| NII | 2,11,63,637 shares | 30,00,000 shares |
| RII | 4,93,81,819 shares | 70,00,000 shares |
| Employee | 3,03,030 shares | 1,60,000 shares |
| Others | ||
| Total | 15,68,48,484 shares | 2,01,60,000 shares |
Equitas Small Finance Bank IPO subscribed 1.95x in total, whereas IRCTC IPO subscribed 111.91x.
| Equitas Small Finance Bank IPO | IRCTC IPO | |
|---|---|---|
| QIB (times) | 3.91x | 108.79x |
| NII (times) | 0.22x | 354.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.08x | 14.83x |
| Employee (times) | 1.84x | 5.81x |
| Other (times) | 0.42x | |
| Total (times) | 1.95x | 111.91x |
