Comparison between SBFC Finance IPO and Utkarsh Small Finance Bank IPO.
SBFC Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Utkarsh Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of SBFC Finance IPO is up to ₹1,025.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of SBFC Finance IPO is ₹57.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.
| SBFC Finance IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹54.00 per share | ₹23.00 per share |
| Issue Price (Upper) | ₹57.00 per share | ₹25.00 per share |
| Issue Price (Final) | ₹57.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹2.00 per share | ₹0.00 per share |
| Market Lot Size | 260 shares | 600 shares |
| Fresh Issue Size | 10,53,01,883 shares | 20,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹600.09 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 7,45,61,402 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹424.91 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,98,63,285 shares | 20,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,025.00 Cr | up to ₹500.00 Cr |
SBFC Finance IPO opens on Aug 03, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of SBFC Finance IPO and Utkarsh Small Finance Bank IPO is Aug 07, 2023, and Jul 14, 2023, respectively.
| SBFC Finance IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Aug 02, 2023 | Jul 11, 2023 |
| Issue Open | Aug 03, 2023 | Jul 12, 2023 |
| Issue Close | Aug 07, 2023 | Jul 14, 2023 |
| Basis Of Allotment (Tentative) | Aug 10, 2023 | Jul 19, 2023 |
| Initiation of Refunds (Tentative) | Aug 11, 2023 | Jul 20, 2023 |
| Credit of Share (Tentative) | Aug 14, 2023 | Jul 21, 2023 |
| Listing date (Tentative) | Aug 16, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Sep 09, 2023 | Aug 18, 2023 |
| Anchor Lockin End date 2 | Nov 08, 2023 | Oct 17, 2023 |
SBFC Finance IPO P/E ratio is 40.42, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.
| SBFC Finance IPO | Utkarsh Small Finance Bank IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 78.83 | 84.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 64.03 | 69.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 40.42 | 6.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹6065.78 Cr. | ₹2739.76 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.93% | 22.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.20 | 8.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.25 | ₹4.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.97% | 20.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the SBFC Finance IPO Retail Individual Investors (RII) are offered 6,23,09,210 shares while in Utkarsh Small Finance Bank 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 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.
| SBFC Finance IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,34,07,893 shares | 8,91,00,000 shares |
| Market Maker Reservation | ||
| QIB | 3,56,05,263 shares | 5,94,00,000 shares |
| NII | 2,67,03,948 shares | 2,97,00,000 shares |
| RII | 6,23,09,210 shares | 1,98,00,000 shares |
| Employee | 18,63,636 shares | 20,00,000 shares |
| Others | ||
| Total | 17,98,89,950 shares | 20,00,00,000 shares |
SBFC Finance IPO subscribed 74.06x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.
| SBFC Finance IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 203.61x | 135.71x |
| NII (times) | 51.82x | 88.74x |
| Big NII (times) | 56.69x | 91.83x |
| Small NII (times) | 42.07x | 82.57x |
| RII (times) | 11.60x | 78.38x |
| Employee (times) | 6.21x | 18.02x |
| Other (times) | ||
| Total (times) | 74.06x | 110.77x |
