Comparison between Fino Payments Bank IPO and PB Fintech IPO.
Fino Payments Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PB Fintech 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 PB Fintech IPO is up to ₹5,709.71 Cr. The final issue price of Fino Payments Bank IPO is ₹577.00 per share and of PB Fintech IPO is ₹980.00 per share.
| Fino Payments Bank IPO | PB Fintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹560.00 per share | ₹940.00 per share |
| Issue Price (Upper) | ₹577.00 per share | ₹980.00 per share |
| Issue Price (Final) | ₹577.00 per share | ₹980.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 25 shares | 15 shares |
| Fresh Issue Size | 51,99,306 shares | 3,82,65,306 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹3,750.00 Cr |
| OFS Issue Size | 1,56,02,999 shares | 1,99,97,091 shares |
| OFS Issue Size (Amount) | up to ₹900.29 Cr | up to ₹1,959.71 Cr |
| Issue Size Total | 2,08,02,305 shares | 5,82,62,397 shares |
| Issue Size Total (Amount) | up to ₹1,200.29 Cr | up to ₹5,709.71 Cr |
Fino Payments Bank IPO opens on Oct 29, 2021, while PB Fintech IPO opens on Nov 01, 2021. The closing date of Fino Payments Bank IPO and PB Fintech IPO is Nov 02, 2021, and Nov 03, 2021, respectively.
| Fino Payments Bank IPO | PB Fintech 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 PB Fintech IPO P/E ratio of .
| Fino Payments Bank IPO | PB Fintech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹4801.47 Cr. | ₹44050.98 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 PB Fintech 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 1,74,78,720 shares in PB Fintech IPO.
| Fino Payments Bank IPO | PB Fintech IPO | |
|---|---|---|
| Anchor Investor Reservation | 93,37,641 shares | 2,62,18,079 shares |
| Market Maker Reservation | ||
| QIB | 62,25,094 shares | 1,74,78,720 shares |
| NII | 31,12,546 shares | 87,39,359 shares |
| RII | 20,75,031 shares | 58,26,239 shares |
| Employee | 51,993 shares | |
| Others | ||
| Total | 2,08,02,305 shares | 5,82,62,397 shares |
Fino Payments Bank IPO subscribed 2.03x in total, whereas PB Fintech IPO subscribed 16.58x.
| Fino Payments Bank IPO | PB Fintech IPO | |
|---|---|---|
| QIB (times) | 1.64x | 24.89x |
| NII (times) | 0.21x | 7.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.92x | 3.31x |
| Employee (times) | 0.93x | |
| Other (times) | ||
| Total (times) | 2.03x | 16.58x |
