Comparison between ideaForge Technology IPO and Utkarsh Small Finance Bank IPO.
ideaForge Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Utkarsh Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ideaForge Technology IPO is up to ₹567.24 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of ideaForge Technology IPO is ₹672.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.
| ideaForge Technology IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹638.00 per share | ₹23.00 per share |
| Issue Price (Upper) | ₹672.00 per share | ₹25.00 per share |
| Issue Price (Final) | ₹672.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹32.00 per share | ₹0.00 per share |
| Market Lot Size | 22 shares | 600 shares |
| Fresh Issue Size | 35,72,052 shares | 20,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹240.02 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 48,69,712 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹327.22 Cr | up to ₹0.00 Cr |
| Issue Size Total | 84,41,764 shares | 20,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹567.24 Cr | up to ₹500.00 Cr |
ideaForge Technology IPO opens on Jun 26, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of ideaForge Technology IPO and Utkarsh Small Finance Bank IPO is Jun 30, 2023, and Jul 14, 2023, respectively.
| ideaForge Technology IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Jun 23, 2023 | Jul 11, 2023 |
| Issue Open | Jun 26, 2023 | Jul 12, 2023 |
| Issue Close | Jun 30, 2023 | Jul 14, 2023 |
| Basis Of Allotment (Tentative) | Jul 05, 2023 | Jul 19, 2023 |
| Initiation of Refunds (Tentative) | Jul 06, 2023 | Jul 20, 2023 |
| Credit of Share (Tentative) | Jul 07, 2023 | Jul 21, 2023 |
| Listing date (Tentative) | Jul 07, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Aug 04, 2023 | Aug 18, 2023 |
| Anchor Lockin End date 2 | Oct 03, 2023 | Oct 17, 2023 |
ideaForge Technology IPO P/E ratio is 87.5, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.
| ideaForge Technology IPO | Utkarsh Small Finance Bank IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 33.37 | 84.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | 69.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 87.5 | 6.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2800.20 Cr. | ₹2739.76 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | 22.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12.51% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 8.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.12 | ₹4.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.85% | 20.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ideaForge Technology IPO Retail Individual Investors (RII) are offered 8,42,865 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 8,42,865 shares. Qualified Institutional Buyers (QIB) are offered 25,28,596 shares in ideaForge Technology IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.
| ideaForge Technology IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 37,92,894 shares | 8,91,00,000 shares |
| Market Maker Reservation | ||
| QIB | 25,28,596 shares | 5,94,00,000 shares |
| NII | 12,64,297 shares | 2,97,00,000 shares |
| RII | 8,42,865 shares | 1,98,00,000 shares |
| Employee | 13,112 shares | 20,00,000 shares |
| Others | ||
| Total | 84,41,764 shares | 20,00,00,000 shares |
ideaForge Technology IPO subscribed 106.06x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.
| ideaForge Technology IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 125.81x | 135.71x |
| NII (times) | 80.58x | 88.74x |
| Big NII (times) | 81.99x | 91.83x |
| Small NII (times) | 77.77x | 82.57x |
| RII (times) | 85.20x | 78.38x |
| Employee (times) | 96.65x | 18.02x |
| Other (times) | ||
| Total (times) | 106.06x | 110.77x |
