SBFC Finance IPO vs Senco Gold IPO

Comparison between SBFC Finance IPO and Senco Gold IPO.

IPO Details

SBFC Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of SBFC Finance IPO is up to ₹1,025.00 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of SBFC Finance IPO is ₹57.00 per share and of Senco Gold IPO is ₹317.00 per share.

 SBFC Finance IPOSenco Gold IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹54.00 per share₹301.00 per share
Issue Price (Upper)₹57.00 per share₹317.00 per share
Issue Price (Final)₹57.00 per share₹317.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹2.00 per share
Market Lot Size260 shares47 shares
Fresh Issue Size10,53,01,883 shares85,17,350 shares
Fresh Issue Size (Amount)up to ₹600.09 Crup to ₹270.00 Cr
OFS Issue Size7,45,61,402 shares42,58,675 shares
OFS Issue Size (Amount)up to ₹424.91 Crup to ₹135.00 Cr
Issue Size Total17,98,63,285 shares1,27,76,025 shares
Issue Size Total (Amount)up to ₹1,025.00 Crup to ₹405.00 Cr

IPO Timetable

SBFC Finance IPO opens on Aug 03, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of SBFC Finance IPO and Senco Gold IPO is Aug 07, 2023, and Jul 06, 2023, respectively.

 SBFC Finance IPOSenco Gold IPO
Anchor Bid DateAug 02, 2023Jul 03, 2023
Issue OpenAug 03, 2023Jul 04, 2023
Issue CloseAug 07, 2023Jul 06, 2023
Basis Of Allotment (Tentative)Aug 10, 2023Jul 11, 2023
Initiation of Refunds (Tentative)Aug 11, 2023Jul 12, 2023
Credit of Share (Tentative)Aug 14, 2023Jul 13, 2023
Listing date (Tentative)Aug 16, 2023Jul 14, 2023
Anchor Lockin End date 1Sep 09, 2023Aug 10, 2023
Anchor Lockin End date 2Nov 08, 2023Oct 09, 2023

Financials & KPIs

SBFC Finance IPO P/E ratio is 40.42, as compared to Senco Gold IPO P/E ratio of 15.53.

 SBFC Finance IPOSenco Gold IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets5,746.444,515.034,231.194,207.99
Total Income740.36530.70511.53444.85
Profit After Tax149.7464.5285.0135.50
NET Worth1,466.881,026.78944.72752.09
Total Borrowing3,745.832,948.822,772.553,056.38
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets2,905.322,100.191,559.30
Total Income4,108.543,547.412,674.92
Profit After Tax158.48129.1061.48
NET Worth944.97725.77602.51
Reserves and Surplus876.27659.46536.53
Total Borrowing1,177.17862.97532.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)78.8376.92
Promoter Shareholding (Post-Issue)64.0368.48
P/E Ratio40.4215.53
Market Cap₹6065.78 Cr.₹2462.00 Cr.
ROE9.93%18.9%
ROCE14.2%
Debt/Equity2.201.25
EPS₹1.25₹22.93
RoNW7.97%18.96%

Shares Offered

In the SBFC Finance IPO Retail Individual Investors (RII) are offered 6,23,09,210 shares while in Senco Gold IPO retail investors are offered 6,23,09,210 shares. Qualified Institutional Buyers (QIB) are offered 3,56,05,263 shares in SBFC Finance IPO and 25,55,205 shares in Senco Gold IPO.

 SBFC Finance IPOSenco Gold IPO
Anchor Investor Reservation5,34,07,893 shares38,32,807 shares
Market Maker Reservation
QIB3,56,05,263 shares25,55,205 shares
NII2,67,03,948 shares19,16,404 shares
RII6,23,09,210 shares44,71,609 shares
Employee18,63,636 shares
Others
Total17,98,89,950 shares1,27,76,025 shares

Bids Received (Subscription)

SBFC Finance IPO subscribed 74.06x in total, whereas Senco Gold IPO subscribed 77.25x.

 SBFC Finance IPOSenco Gold IPO
QIB (times)203.61x190.56x
NII (times)51.82x68.44x
Big NII (times)56.69x72.05x
Small NII (times)42.07x61.23x
RII (times)11.60x16.28x
Employee (times)6.21x
Other (times)
Total (times)74.06x77.25x

Compare with others

Compare:

SBFC Finance IPO Vs Senco Gold IPO