Mindspace ReIT REIT vs SBI Cards IPO

Comparison between Mindspace ReIT REIT and SBI Cards IPO.

IPO Details

Mindspace ReIT REIT 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.

Issue Size and Price

The total issue size of Mindspace ReIT REIT is up to ₹4,500.00 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of Mindspace ReIT REIT is ₹275.00 per share and of SBI Cards IPO is ₹755.00 per share.

 Mindspace ReIT REITSBI Cards IPO
Face Value₹10 per share
Issue Price (Lower)₹274.00 per share₹750.00 per share
Issue Price (Upper)₹275.00 per share₹755.00 per share
Issue Price (Final)₹275.00 per share₹755.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹75.00 per share
Market Lot Size200 shares19 shares
Fresh Issue Size3,63,63,600 shares66,22,516 shares
Fresh Issue Size (Amount)up to ₹1,000.00 Crup to ₹499.32 Cr
OFS Issue Size12,72,72,600 shares13,05,26,798 shares
OFS Issue Size (Amount)up to ₹3,500.00 Crup to ₹9,841.46 Cr
Issue Size Total16,36,36,200 shares13,71,49,314 shares
Issue Size Total (Amount)up to ₹4,500.00 Crup to ₹10,340.79 Cr

IPO Timetable

Mindspace ReIT REIT opens on Jul 27, 2020, while SBI Cards IPO opens on Mar 02, 2020. The closing date of Mindspace ReIT REIT and SBI Cards IPO is Jul 29, 2020, and Mar 05, 2020, respectively.

 Mindspace ReIT REITSBI Cards IPO
Anchor Bid DateFeb 28, 2020
Issue OpenJul 27, 2020Mar 02, 2020
Issue CloseJul 29, 2020Mar 05, 2020
Basis Of Allotment (Tentative)Aug 06, 2020Mar 11, 2020
Initiation of Refunds (Tentative)Aug 07, 2020Mar 12, 2020
Credit of Share (Tentative)Aug 07, 2020Mar 13, 2020
Listing date (Tentative)Aug 07, 2020Mar 16, 2020
Anchor Lockin End date 1Sep 05, 2020Apr 10, 2020
Anchor Lockin End date 2Nov 04, 2020Jun 09, 2020

Financials & KPIs

Mindspace ReIT REIT P/E ratio is , as compared to SBI Cards IPO P/E ratio of 45.8.

 Mindspace ReIT REITSBI Cards IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74
Promoter Shareholding (Post-Issue)69.51
P/E Ratio45.8
Market Cap₹23675.00 Cr.₹70890.00 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Mindspace ReIT REIT Retail Individual Investors (RII) are offered 0 shares while in SBI Cards IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 3,68,18,200 shares in Mindspace ReIT REIT and 2,44,46,393 shares in SBI Cards IPO.

 Mindspace ReIT REITSBI Cards IPO
Anchor Investor Reservation5,52,27,200 shares3,66,69,589 shares
Market Maker Reservation0 shares0 shares
QIB3,68,18,200 shares2,44,46,393 shares
NII3,06,81,800 shares1,83,34,795 shares
RII0 shares4,27,81,188 shares
Employee0 shares18,64,669 shares
Others
Total16,36,36,200 shares13,71,49,314 shares

Bids Received (Subscription)

Mindspace ReIT REIT subscribed 12.96x in total, whereas SBI Cards IPO subscribed 26.54x.

 Mindspace ReIT REITSBI Cards IPO
QIB (times)10.61x57.18x
NII (times)15.51x45.23x
Big NII (times)
Small NII (times)
RII (times)2.50x
Employee (times)4.74x
Other (times)25.36x
Total (times)12.96x26.54x

Compare with others

Compare: