Comparison between Equitas Small Finance Bank IPO and SBI Cards IPO.
Equitas Small Finance 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.
The total issue size of Equitas Small Finance Bank IPO is up to ₹517.60 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of Equitas Small Finance Bank IPO is ₹33.00 per share and of SBI Cards IPO is ₹755.00 per share.
| Equitas Small Finance Bank IPO | SBI Cards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹32.00 per share | ₹750.00 per share |
| Issue Price (Upper) | ₹33.00 per share | ₹755.00 per share |
| Issue Price (Final) | ₹33.00 per share | ₹755.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹75.00 per share |
| Market Lot Size | 450 shares | 19 shares |
| Fresh Issue Size | 8,48,48,484 shares | 66,22,516 shares |
| Fresh Issue Size (Amount) | up to ₹280.00 Cr | up to ₹499.32 Cr |
| OFS Issue Size | 7,20,00,000 shares | 13,05,26,798 shares |
| OFS Issue Size (Amount) | up to ₹237.60 Cr | up to ₹9,841.46 Cr |
| Issue Size Total | 15,68,48,484 shares | 13,71,49,314 shares |
| Issue Size Total (Amount) | up to ₹517.60 Cr | up to ₹10,340.79 Cr |
Equitas Small Finance Bank IPO opens on Oct 20, 2020, while SBI Cards IPO opens on Mar 02, 2020. The closing date of Equitas Small Finance Bank IPO and SBI Cards IPO is Oct 22, 2020, and Mar 05, 2020, respectively.
| Equitas Small Finance Bank IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Bid Date | Oct 19, 2020 | Feb 28, 2020 |
| Issue Open | Oct 20, 2020 | Mar 02, 2020 |
| Issue Close | Oct 22, 2020 | Mar 05, 2020 |
| Basis Of Allotment (Tentative) | Oct 27, 2020 | Mar 11, 2020 |
| Initiation of Refunds (Tentative) | Oct 28, 2020 | Mar 12, 2020 |
| Credit of Share (Tentative) | Oct 29, 2020 | Mar 13, 2020 |
| Listing date (Tentative) | Nov 02, 2020 | Mar 16, 2020 |
| Anchor Lockin End date 1 | Nov 26, 2020 | Apr 10, 2020 |
| Anchor Lockin End date 2 | Jan 25, 2021 | Jun 09, 2020 |
Equitas Small Finance Bank IPO P/E ratio is , as compared to SBI Cards IPO P/E ratio of 45.8.
| Equitas Small Finance Bank IPO | SBI Cards IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 74 | |||||
| Promoter Shareholding (Post-Issue) | 69.51 | |||||
| P/E Ratio | 45.8 | |||||
| Market Cap | ₹3756.23 Cr. | ₹70890.00 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 SBI Cards 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 2,44,46,393 shares in SBI Cards IPO.
| Equitas Small Finance Bank IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,23,27,271 shares | 3,66,69,589 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 2,82,18,182 shares | 2,44,46,393 shares |
| NII | 2,11,63,637 shares | 1,83,34,795 shares |
| RII | 4,93,81,819 shares | 4,27,81,188 shares |
| Employee | 3,03,030 shares | 18,64,669 shares |
| Others | ||
| Total | 15,68,48,484 shares | 13,71,49,314 shares |
Equitas Small Finance Bank IPO subscribed 1.95x in total, whereas SBI Cards IPO subscribed 26.54x.
| Equitas Small Finance Bank IPO | SBI Cards IPO | |
|---|---|---|
| QIB (times) | 3.91x | 57.18x |
| NII (times) | 0.22x | 45.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.08x | 2.50x |
| Employee (times) | 1.84x | 4.74x |
| Other (times) | 0.42x | 25.36x |
| Total (times) | 1.95x | 26.54x |
