Comparison between Fino Payments Bank IPO and Sigachi Industries IPO.
Fino Payments Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sigachi Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fino Payments Bank IPO is up to ₹1,200.29 Cr whereas the issue size of the Sigachi Industries IPO is up to ₹125.43 Cr. The final issue price of Fino Payments Bank IPO is ₹577.00 per share and of Sigachi Industries IPO is ₹163.00 per share.
| Fino Payments Bank IPO | Sigachi Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹161.00 per share |
| Issue Price (Upper) | ₹577.00 per share | ₹163.00 per share |
| Issue Price (Final) | ₹577.00 per share | ₹163.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 25 shares | 90 shares |
| Fresh Issue Size | 51,99,306 shares | 76,95,000 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹125.43 Cr |
| OFS Issue Size | 1,56,02,999 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹900.29 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,08,02,305 shares | 76,95,000 shares |
| Issue Size Total (Amount) | up to ₹1,200.29 Cr | up to ₹125.43 Cr |
Fino Payments Bank IPO opens on Oct 29, 2021, while Sigachi Industries IPO opens on Nov 01, 2021. The closing date of Fino Payments Bank IPO and Sigachi Industries IPO is Nov 02, 2021, and Nov 03, 2021, respectively.
| Fino Payments Bank IPO | Sigachi Industries IPO | |
|---|---|---|
| Anchor Bid Date | Oct 28, 2021 | Oct 29, 2021 |
| Issue Open | Oct 29, 2021 | Nov 01, 2021 |
| Issue Close | Nov 02, 2021 | Nov 03, 2021 |
| Basis Of Allotment (Tentative) | Nov 09, 2021 | Nov 10, 2021 |
| Initiation of Refunds (Tentative) | Nov 10, 2021 | Nov 11, 2021 |
| Credit of Share (Tentative) | Nov 11, 2021 | Nov 12, 2021 |
| Listing date (Tentative) | Nov 12, 2021 | Nov 15, 2021 |
| Anchor Lockin End date 1 | Dec 09, 2021 | Dec 10, 2021 |
| Anchor Lockin End date 2 | Feb 07, 2022 | Feb 08, 2022 |
Fino Payments Bank IPO P/E ratio is , as compared to Sigachi Industries IPO P/E ratio of .
| Fino Payments Bank IPO | Sigachi Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 65 | ||||
| Promoter Shareholding (Post-Issue) | 75 | 48 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹4801.47 Cr. | ₹501.10 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Fino Payments Bank IPO Retail Individual Investors (RII) are offered 20,75,031 shares while in Sigachi Industries IPO retail investors are offered 20,75,031 shares. Qualified Institutional Buyers (QIB) are offered 62,25,094 shares in Fino Payments Bank IPO and 15,39,000 shares in Sigachi Industries IPO.
| Fino Payments Bank IPO | Sigachi Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,37,641 shares | 23,08,500 shares |
| Market Maker Reservation | ||
| QIB | 62,25,094 shares | 15,39,000 shares |
| NII | 31,12,546 shares | 11,54,250 shares |
| RII | 20,75,031 shares | 26,93,250 shares |
| Employee | 51,993 shares | |
| Others | ||
| Total | 2,08,02,305 shares | 76,95,000 shares |
Fino Payments Bank IPO subscribed 2.03x in total, whereas Sigachi Industries IPO subscribed 101.91x.
| Fino Payments Bank IPO | Sigachi Industries IPO | |
|---|---|---|
| QIB (times) | 1.64x | 86.51x |
| NII (times) | 0.21x | 172.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.92x | 80.49x |
| Employee (times) | 0.93x | |
| Other (times) | ||
| Total (times) | 2.03x | 101.91x |
