Comparison between Cyient DLM IPO and SBFC Finance IPO.
Cyient DLM 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 Cyient DLM IPO is up to ₹592.00 Cr whereas the issue size of the SBFC Finance IPO is up to ₹1,025.00 Cr. The final issue price of Cyient DLM IPO is ₹265.00 per share and of SBFC Finance IPO is ₹57.00 per share.
| Cyient DLM IPO | SBFC Finance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹250.00 per share | ₹54.00 per share |
| Issue Price (Upper) | ₹265.00 per share | ₹57.00 per share |
| Issue Price (Final) | ₹265.00 per share | ₹57.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹15.00 per share | ₹2.00 per share |
| Market Lot Size | 56 shares | 260 shares |
| Fresh Issue Size | 2,23,64,653 shares | 10,53,01,883 shares |
| Fresh Issue Size (Amount) | up to ₹592.00 Cr | up to ₹600.09 Cr |
| OFS Issue Size | 0 shares | 7,45,61,402 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹424.91 Cr |
| Issue Size Total | 2,23,64,653 shares | 17,98,63,285 shares |
| Issue Size Total (Amount) | up to ₹592.00 Cr | up to ₹1,025.00 Cr |
Cyient DLM IPO opens on Jun 27, 2023, while SBFC Finance IPO opens on Aug 03, 2023. The closing date of Cyient DLM IPO and SBFC Finance IPO is Jun 30, 2023, and Aug 07, 2023, respectively.
| Cyient DLM IPO | SBFC Finance IPO | |
|---|---|---|
| Anchor Bid Date | Jun 26, 2023 | Aug 02, 2023 |
| Issue Open | Jun 27, 2023 | Aug 03, 2023 |
| Issue Close | Jun 30, 2023 | Aug 07, 2023 |
| Basis Of Allotment (Tentative) | Jul 04, 2023 | Aug 10, 2023 |
| Initiation of Refunds (Tentative) | Jul 05, 2023 | Aug 11, 2023 |
| Credit of Share (Tentative) | Jul 06, 2023 | Aug 14, 2023 |
| Listing date (Tentative) | Jul 10, 2023 | Aug 16, 2023 |
| Anchor Lockin End date 1 | Aug 03, 2023 | Sep 09, 2023 |
| Anchor Lockin End date 2 | Oct 02, 2023 | Nov 08, 2023 |
Cyient DLM IPO P/E ratio is 66.25, as compared to SBFC Finance IPO P/E ratio of 40.42.
| Cyient DLM IPO | SBFC Finance IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 92.84 | 78.83 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.68 | 64.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 66.25 | 40.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2101.00 Cr. | ₹6065.78 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.1% | 9.93% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 13.48% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.07 | ₹1.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.45% | 7.97% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cyient DLM IPO Retail Individual Investors (RII) are offered 21,77,358 shares while in SBFC Finance IPO retail investors are offered 21,77,358 shares. Qualified Institutional Buyers (QIB) are offered 65,32,076 shares in Cyient DLM IPO and 3,56,05,263 shares in SBFC Finance IPO.
| Cyient DLM IPO | SBFC Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 97,98,113 shares | 5,34,07,893 shares |
| Market Maker Reservation | ||
| QIB | 65,32,076 shares | 3,56,05,263 shares |
| NII | 32,66,037 shares | 2,67,03,948 shares |
| RII | 21,77,358 shares | 6,23,09,210 shares |
| Employee | 6,00,000 shares | 18,63,636 shares |
| Others | ||
| Total | 2,23,73,584 shares | 17,98,89,950 shares |
Cyient DLM IPO subscribed 71.35x in total, whereas SBFC Finance IPO subscribed 74.06x.
| Cyient DLM IPO | SBFC Finance IPO | |
|---|---|---|
| QIB (times) | 95.87x | 203.61x |
| NII (times) | 47.75x | 51.82x |
| Big NII (times) | 50.48x | 56.69x |
| Small NII (times) | 42.31x | 42.07x |
| RII (times) | 52.17x | 11.60x |
| Employee (times) | 2.60x | 6.21x |
| Other (times) | ||
| Total (times) | 71.35x | 74.06x |
