Comparison between ESAF Small Finance Bank IPO and Protean eGov Technologies IPO.
ESAF Small Finance Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Protean eGov Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of ESAF Small Finance Bank IPO is up to ₹463.00 Cr whereas the issue size of the Protean eGov Technologies IPO is up to ₹489.95 Cr. The final issue price of ESAF Small Finance Bank IPO is ₹60.00 per share and of Protean eGov Technologies IPO is ₹792.00 per share.
| ESAF Small Finance Bank IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹57.00 per share | ₹752.00 per share |
| Issue Price (Upper) | ₹60.00 per share | ₹792.00 per share |
| Issue Price (Final) | ₹60.00 per share | ₹792.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | ₹75.00 per share |
| Market Lot Size | 250 shares | 18 shares |
| Fresh Issue Size | 6,53,06,060 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹390.88 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,20,49,999 shares | 61,91,000 shares |
| OFS Issue Size (Amount) | up to ₹72.12 Cr | up to ₹489.95 Cr |
| Issue Size Total | 7,73,56,059 shares | 61,91,000 shares |
| Issue Size Total (Amount) | up to ₹463.00 Cr | up to ₹489.95 Cr |
ESAF Small Finance Bank IPO opens on Nov 03, 2023, while Protean eGov Technologies IPO opens on Nov 06, 2023. The closing date of ESAF Small Finance Bank IPO and Protean eGov Technologies IPO is Nov 07, 2023, and Nov 08, 2023, respectively.
| ESAF Small Finance Bank IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Nov 02, 2023 | Nov 03, 2023 |
| Issue Open | Nov 03, 2023 | Nov 06, 2023 |
| Issue Close | Nov 07, 2023 | Nov 08, 2023 |
| Basis Of Allotment (Tentative) | Nov 08, 2023 | Nov 13, 2023 |
| Initiation of Refunds (Tentative) | Nov 08, 2023 | Nov 15, 2023 |
| Credit of Share (Tentative) | Nov 09, 2023 | Nov 16, 2023 |
| Listing date (Tentative) | Nov 10, 2023 | Nov 13, 2023 |
| Anchor Lockin End date 1 | Dec 08, 2023 | Dec 13, 2023 |
| Anchor Lockin End date 2 | Feb 06, 2024 | Feb 11, 2024 |
ESAF Small Finance Bank IPO P/E ratio is 8.94, as compared to Protean eGov Technologies IPO P/E ratio of 29.91.
| ESAF Small Finance Bank IPO | Protean eGov Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 74.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.94 | 29.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3087.54 Cr. | ₹3203.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 12.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.13% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.73 | ₹26.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.69% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the ESAF Small Finance Bank IPO Retail Individual Investors (RII) are offered 2,62,79,167 shares while in Protean eGov Technologies 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 12,08,200 shares in Protean eGov Technologies IPO.
| ESAF Small Finance Bank IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,25,24,998 shares | 18,12,300 shares |
| Market Maker Reservation | ||
| QIB | 1,50,16,667 shares | 12,08,200 shares |
| NII | 1,12,62,500 shares | 9,06,150 shares |
| RII | 2,62,79,167 shares | 21,14,350 shares |
| Employee | 22,72,727 shares | 1,50,000 shares |
| Others | ||
| Total | 7,73,56,059 shares | 61,91,000 shares |
ESAF Small Finance Bank IPO subscribed 77.00x in total, whereas Protean eGov Technologies IPO subscribed 23.86x.
| ESAF Small Finance Bank IPO | Protean eGov Technologies IPO | |
|---|---|---|
| QIB (times) | 182.66x | 46.94x |
| NII (times) | 88.81x | 31.62x |
| Big NII (times) | 96.51x | 33.14x |
| Small NII (times) | 73.41x | 28.58x |
| RII (times) | 17.86x | 8.93x |
| Employee (times) | 4.59x | 1.49x |
| Other (times) | ||
| Total (times) | 77.00x | 23.86x |
