Comparison between Equitas Small Finance Bank IPO and Prince Pipes IPO.
Equitas Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prince Pipes 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 Prince Pipes IPO is up to ₹500.00 Cr. The final issue price of Equitas Small Finance Bank IPO is ₹33.00 per share and of Prince Pipes IPO is ₹178.00 per share.
| Equitas Small Finance Bank IPO | Prince Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹32.00 per share | ₹177.00 per share |
| Issue Price (Upper) | ₹33.00 per share | ₹178.00 per share |
| Issue Price (Final) | ₹33.00 per share | ₹178.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 450 shares | 84 shares |
| Fresh Issue Size | 8,48,48,484 shares | 1,40,44,943 shares |
| Fresh Issue Size (Amount) | up to ₹280.00 Cr | up to ₹250.00 Cr |
| OFS Issue Size | 7,20,00,000 shares | 1,40,44,942 shares |
| OFS Issue Size (Amount) | up to ₹237.60 Cr | up to ₹250.00 Cr |
| Issue Size Total | 15,68,48,484 shares | 2,80,89,885 shares |
| Issue Size Total (Amount) | up to ₹517.60 Cr | up to ₹500.00 Cr |
Equitas Small Finance Bank IPO opens on Oct 20, 2020, while Prince Pipes IPO opens on Dec 18, 2019. The closing date of Equitas Small Finance Bank IPO and Prince Pipes IPO is Oct 22, 2020, and Dec 20, 2019, respectively.
| Equitas Small Finance Bank IPO | Prince Pipes IPO | |
|---|---|---|
| Anchor Bid Date | Oct 19, 2020 | Dec 17, 2019 |
| Issue Open | Oct 20, 2020 | Dec 18, 2019 |
| Issue Close | Oct 22, 2020 | Dec 20, 2019 |
| Basis Of Allotment (Tentative) | Oct 27, 2020 | Dec 26, 2019 |
| Initiation of Refunds (Tentative) | Oct 28, 2020 | Dec 27, 2019 |
| Credit of Share (Tentative) | Oct 29, 2020 | Dec 30, 2019 |
| Listing date (Tentative) | Nov 02, 2020 | Dec 30, 2019 |
| Anchor Lockin End date 1 | Nov 26, 2020 | Jan 25, 2020 |
| Anchor Lockin End date 2 | Jan 25, 2021 | Mar 25, 2020 |
Equitas Small Finance Bank IPO P/E ratio is , as compared to Prince Pipes IPO P/E ratio of 18.35.
| Equitas Small Finance Bank IPO | Prince Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90.06 | |||||
| Promoter Shareholding (Post-Issue) | 65.80 | |||||
| P/E Ratio | 18.35 | |||||
| Market Cap | ₹3756.23 Cr. | ₹1958.46 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 Prince Pipes 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 56,17,977 shares in Prince Pipes IPO.
| Equitas Small Finance Bank IPO | Prince Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,23,27,271 shares | 84,26,965 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 2,82,18,182 shares | 56,17,977 shares |
| NII | 2,11,63,637 shares | 42,13,483 shares |
| RII | 4,93,81,819 shares | 98,31,460 shares |
| Employee | 3,03,030 shares | |
| Others | ||
| Total | 15,68,48,484 shares | 2,80,89,885 shares |
Equitas Small Finance Bank IPO subscribed 1.95x in total, whereas Prince Pipes IPO subscribed 2.21x.
| Equitas Small Finance Bank IPO | Prince Pipes IPO | |
|---|---|---|
| QIB (times) | 3.91x | 3.54x |
| NII (times) | 0.22x | 1.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.08x | 1.89x |
| Employee (times) | 1.84x | |
| Other (times) | 0.42x | |
| Total (times) | 1.95x | 2.21x |
