Comparison between India Shelter Finance IPO and SBFC Finance IPO.
India Shelter Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBFC Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of India Shelter Finance IPO is up to ₹1,200.00 Cr whereas the issue size of the SBFC Finance IPO is up to ₹1,025.00 Cr. The final issue price of India Shelter Finance IPO is ₹493.00 per share and of SBFC Finance IPO is ₹57.00 per share.
| India Shelter Finance IPO | SBFC Finance IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹469.00 per share | ₹54.00 per share |
| Issue Price (Upper) | ₹493.00 per share | ₹57.00 per share |
| Issue Price (Final) | ₹493.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹2.00 per share | |
| Market Lot Size | 30 shares | 260 shares |
| Fresh Issue Size | 1,62,27,180 shares | 10,53,01,883 shares |
| Fresh Issue Size (Amount) | up to ₹800.00 Cr | up to ₹600.09 Cr |
| OFS Issue Size | 81,13,588 shares | 7,45,61,402 shares |
| OFS Issue Size (Amount) | up to ₹400.00 Cr | up to ₹424.91 Cr |
| Issue Size Total | 2,43,40,768 shares | 17,98,63,285 shares |
| Issue Size Total (Amount) | up to ₹1,200.00 Cr | up to ₹1,025.00 Cr |
India Shelter Finance IPO opens on Dec 13, 2023, while SBFC Finance IPO opens on Aug 03, 2023. The closing date of India Shelter Finance IPO and SBFC Finance IPO is Dec 15, 2023, and Aug 07, 2023, respectively.
| India Shelter Finance IPO | SBFC Finance IPO | |
|---|---|---|
| Anchor Bid Date | Dec 12, 2023 | Aug 02, 2023 |
| Issue Open | Dec 13, 2023 | Aug 03, 2023 |
| Issue Close | Dec 15, 2023 | Aug 07, 2023 |
| Basis Of Allotment (Tentative) | Dec 18, 2023 | Aug 10, 2023 |
| Initiation of Refunds (Tentative) | Dec 19, 2023 | Aug 11, 2023 |
| Credit of Share (Tentative) | Dec 19, 2023 | Aug 14, 2023 |
| Listing date (Tentative) | Dec 20, 2023 | Aug 16, 2023 |
| Anchor Lockin End date 1 | Jan 17, 2024 | Sep 09, 2023 |
| Anchor Lockin End date 2 | Mar 17, 2024 | Nov 08, 2023 |
India Shelter Finance IPO P/E ratio is 28.22, as compared to SBFC Finance IPO P/E ratio of 40.42.
| India Shelter Finance IPO | SBFC Finance IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 56.75 | 78.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 48.17 | 64.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 28.22 | 40.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹5277.62 Cr. | ₹6065.78 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.4% | 9.93% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.12 | 2.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹17.47 | ₹1.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.4% | 7.97% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the India Shelter Finance IPO Retail Individual Investors (RII) are offered 85,19,269 shares while in SBFC Finance IPO retail investors are offered 85,19,269 shares. Qualified Institutional Buyers (QIB) are offered 48,68,154 shares in India Shelter Finance IPO and 3,56,05,263 shares in SBFC Finance IPO.
| India Shelter Finance IPO | SBFC Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 73,02,229 shares | 5,34,07,893 shares |
| Market Maker Reservation | ||
| QIB | 48,68,154 shares | 3,56,05,263 shares |
| NII | 36,51,116 shares | 2,67,03,948 shares |
| RII | 85,19,269 shares | 6,23,09,210 shares |
| Employee | 18,63,636 shares | |
| Others | ||
| Total | 2,43,40,768 shares | 17,98,89,950 shares |
India Shelter Finance IPO subscribed 38.59x in total, whereas SBFC Finance IPO subscribed 74.06x.
| India Shelter Finance IPO | SBFC Finance IPO | |
|---|---|---|
| QIB (times) | 94.29x | 203.61x |
| NII (times) | 29.97x | 51.82x |
| Big NII (times) | 29.77x | 56.69x |
| Small NII (times) | 30.37x | 42.07x |
| RII (times) | 10.46x | 11.60x |
| Employee (times) | 6.21x | |
| Other (times) | ||
| Total (times) | 38.59x | 74.06x |
