Comparison between ESAF Small Finance Bank IPO and Gandhar Oil Refinery IPO.
ESAF Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ESAF Small Finance Bank IPO is up to ₹463.00 Cr whereas the issue size of the Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of ESAF Small Finance Bank IPO is ₹60.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.
| ESAF Small Finance Bank IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹57.00 per share | ₹160.00 per share |
| Issue Price (Upper) | ₹60.00 per share | ₹169.00 per share |
| Issue Price (Final) | ₹60.00 per share | ₹169.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | |
| Market Lot Size | 250 shares | 88 shares |
| Fresh Issue Size | 6,53,06,060 shares | 1,78,69,822 shares |
| Fresh Issue Size (Amount) | up to ₹390.88 Cr | up to ₹302.00 Cr |
| OFS Issue Size | 1,20,49,999 shares | 1,17,56,910 shares |
| OFS Issue Size (Amount) | up to ₹72.12 Cr | up to ₹198.69 Cr |
| Issue Size Total | 7,73,56,059 shares | 2,96,26,732 shares |
| Issue Size Total (Amount) | up to ₹463.00 Cr | up to ₹500.69 Cr |
ESAF Small Finance Bank IPO opens on Nov 03, 2023, while Gandhar Oil Refinery IPO opens on Nov 22, 2023. The closing date of ESAF Small Finance Bank IPO and Gandhar Oil Refinery IPO is Nov 07, 2023, and Nov 24, 2023, respectively.
| ESAF Small Finance Bank IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2023 | Nov 21, 2023 |
| Issue Open | Nov 03, 2023 | Nov 22, 2023 |
| Issue Close | Nov 07, 2023 | Nov 24, 2023 |
| Basis Of Allotment (Tentative) | Nov 08, 2023 | Nov 28, 2023 |
| Initiation of Refunds (Tentative) | Nov 08, 2023 | Nov 29, 2023 |
| Credit of Share (Tentative) | Nov 09, 2023 | Nov 29, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 30, 2023 |
| Anchor Lockin End date 1 | Dec 08, 2023 | Dec 28, 2023 |
| Anchor Lockin End date 2 | Feb 06, 2024 | Feb 26, 2024 |
ESAF Small Finance Bank IPO P/E ratio is 8.94, as compared to Gandhar Oil Refinery IPO P/E ratio of .
| ESAF Small Finance Bank IPO | Gandhar Oil Refinery IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Proforma Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.43 | 87.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | 64.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.94 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3087.54 Cr. | ₹1654.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 32.28% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 41.19% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.73 | ₹23.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.69% | 32.28% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ESAF Small Finance Bank IPO Retail Individual Investors (RII) are offered 2,62,79,167 shares while in Gandhar Oil Refinery IPO retail investors are offered 2,62,79,167 shares. Qualified Institutional Buyers (QIB) are offered 1,50,16,667 shares in ESAF Small Finance Bank IPO and 59,25,347 shares in Gandhar Oil Refinery IPO.
| ESAF Small Finance Bank IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,25,24,998 shares | 88,88,018 shares |
| Market Maker Reservation | ||
| QIB | 1,50,16,667 shares | 59,25,347 shares |
| NII | 1,12,62,500 shares | 44,44,010 shares |
| RII | 2,62,79,167 shares | 1,03,69,357 shares |
| Employee | 22,72,727 shares | |
| Others | ||
| Total | 7,73,56,059 shares | 2,96,26,732 shares |
ESAF Small Finance Bank IPO subscribed 77.00x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.
| ESAF Small Finance Bank IPO | Gandhar Oil Refinery IPO | |
|---|---|---|
| QIB (times) | 182.66x | 129.06x |
| NII (times) | 88.81x | 64.34x |
| Big NII (times) | 96.51x | 61.93x |
| Small NII (times) | 73.41x | 69.17x |
| RII (times) | 17.86x | 29.93x |
| Employee (times) | 4.59x | |
| Other (times) | ||
| Total (times) | 77.00x | 65.63x |
