Comparison between IRCTC IPO and SBI Cards IPO.
IRCTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBI Cards IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRCTC IPO is up to ₹637.97 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of IRCTC IPO is ₹320.00 per share and of SBI Cards IPO is ₹755.00 per share.
| IRCTC IPO | SBI Cards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | ₹750.00 per share |
| Issue Price (Upper) | ₹320.00 per share | ₹755.00 per share |
| Issue Price (Final) | ₹320.00 per share | ₹755.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | ₹75.00 per share |
| Market Lot Size | 40 shares | 19 shares |
| Fresh Issue Size | 0 shares | 66,22,516 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹499.32 Cr |
| OFS Issue Size | 2,01,60,000 shares | 13,05,26,798 shares |
| OFS Issue Size (Amount) | up to ₹637.97 Cr | up to ₹9,841.46 Cr |
| Issue Size Total | 2,01,60,000 shares | 13,71,49,314 shares |
| Issue Size Total (Amount) | up to ₹637.97 Cr | up to ₹10,340.79 Cr |
IRCTC IPO opens on Sep 30, 2019, while SBI Cards IPO opens on Mar 02, 2020. The closing date of IRCTC IPO and SBI Cards IPO is Oct 03, 2019, and Mar 05, 2020, respectively.
| IRCTC IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2020 | |
| Issue Open | Sep 30, 2019 | Mar 02, 2020 |
| Issue Close | Oct 03, 2019 | Mar 05, 2020 |
| Basis Of Allotment (Tentative) | Oct 09, 2019 | Mar 11, 2020 |
| Initiation of Refunds (Tentative) | Oct 10, 2019 | Mar 12, 2020 |
| Credit of Share (Tentative) | Oct 11, 2019 | Mar 13, 2020 |
| Listing date (Tentative) | Oct 14, 2019 | Mar 16, 2020 |
| Anchor Lockin End date 1 | Apr 10, 2020 | |
| Anchor Lockin End date 2 | Jun 09, 2020 |
IRCTC IPO P/E ratio is , as compared to SBI Cards IPO P/E ratio of 45.8.
| IRCTC IPO | SBI Cards IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 74 | ||||
| Promoter Shareholding (Post-Issue) | 87.4 | 69.51 | ||||
| P/E Ratio | 45.8 | |||||
| Market Cap | ₹5120.00 Cr. | ₹70890.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRCTC IPO Retail Individual Investors (RII) are offered 70,00,000 shares while in SBI Cards IPO retail investors are offered 70,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,00,00,000 shares in IRCTC IPO and 2,44,46,393 shares in SBI Cards IPO.
| IRCTC IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,66,69,589 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 1,00,00,000 shares | 2,44,46,393 shares |
| NII | 30,00,000 shares | 1,83,34,795 shares |
| RII | 70,00,000 shares | 4,27,81,188 shares |
| Employee | 1,60,000 shares | 18,64,669 shares |
| Others | ||
| Total | 2,01,60,000 shares | 13,71,49,314 shares |
IRCTC IPO subscribed 111.91x in total, whereas SBI Cards IPO subscribed 26.54x.
| IRCTC IPO | SBI Cards IPO | |
|---|---|---|
| QIB (times) | 108.79x | 57.18x |
| NII (times) | 354.52x | 45.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.83x | 2.50x |
| Employee (times) | 5.81x | 4.74x |
| Other (times) | 25.36x | |
| Total (times) | 111.91x | 26.54x |
