Comparison between Prince Pipes IPO and SBI Cards IPO.
Prince Pipes 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 Prince Pipes IPO is up to ₹500.00 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of Prince Pipes IPO is ₹178.00 per share and of SBI Cards IPO is ₹755.00 per share.
| Prince Pipes IPO | SBI Cards IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹177.00 per share | ₹750.00 per share |
| Issue Price (Upper) | ₹178.00 per share | ₹755.00 per share |
| Issue Price (Final) | ₹178.00 per share | ₹755.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 84 shares | 19 shares |
| Fresh Issue Size | 1,40,44,943 shares | 66,22,516 shares |
| Fresh Issue Size (Amount) | up to ₹250.00 Cr | up to ₹499.32 Cr |
| OFS Issue Size | 1,40,44,942 shares | 13,05,26,798 shares |
| OFS Issue Size (Amount) | up to ₹250.00 Cr | up to ₹9,841.46 Cr |
| Issue Size Total | 2,80,89,885 shares | 13,71,49,314 shares |
| Issue Size Total (Amount) | up to ₹500.00 Cr | up to ₹10,340.79 Cr |
Prince Pipes IPO opens on Dec 18, 2019, while SBI Cards IPO opens on Mar 02, 2020. The closing date of Prince Pipes IPO and SBI Cards IPO is Dec 20, 2019, and Mar 05, 2020, respectively.
| Prince Pipes IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Bid Date | Dec 17, 2019 | Feb 28, 2020 |
| Issue Open | Dec 18, 2019 | Mar 02, 2020 |
| Issue Close | Dec 20, 2019 | Mar 05, 2020 |
| Basis Of Allotment (Tentative) | Dec 26, 2019 | Mar 11, 2020 |
| Initiation of Refunds (Tentative) | Dec 27, 2019 | Mar 12, 2020 |
| Credit of Share (Tentative) | Dec 30, 2019 | Mar 13, 2020 |
| Listing date (Tentative) | Dec 30, 2019 | Mar 16, 2020 |
| Anchor Lockin End date 1 | Jan 25, 2020 | Apr 10, 2020 |
| Anchor Lockin End date 2 | Mar 25, 2020 | Jun 09, 2020 |
Prince Pipes IPO P/E ratio is 18.35, as compared to SBI Cards IPO P/E ratio of 45.8.
| Prince Pipes IPO | SBI Cards IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90.06 | 74 | ||||
| Promoter Shareholding (Post-Issue) | 65.80 | 69.51 | ||||
| P/E Ratio | 18.35 | 45.8 | ||||
| Market Cap | ₹1958.46 Cr. | ₹70890.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Prince Pipes IPO Retail Individual Investors (RII) are offered 98,31,460 shares while in SBI Cards IPO retail investors are offered 98,31,460 shares. Qualified Institutional Buyers (QIB) are offered 56,17,977 shares in Prince Pipes IPO and 2,44,46,393 shares in SBI Cards IPO.
| Prince Pipes IPO | SBI Cards IPO | |
|---|---|---|
| Anchor Investor Reservation | 84,26,965 shares | 3,66,69,589 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 56,17,977 shares | 2,44,46,393 shares |
| NII | 42,13,483 shares | 1,83,34,795 shares |
| RII | 98,31,460 shares | 4,27,81,188 shares |
| Employee | 18,64,669 shares | |
| Others | ||
| Total | 2,80,89,885 shares | 13,71,49,314 shares |
Prince Pipes IPO subscribed 2.21x in total, whereas SBI Cards IPO subscribed 26.54x.
| Prince Pipes IPO | SBI Cards IPO | |
|---|---|---|
| QIB (times) | 3.54x | 57.18x |
| NII (times) | 1.21x | 45.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.89x | 2.50x |
| Employee (times) | 4.74x | |
| Other (times) | 25.36x | |
| Total (times) | 2.21x | 26.54x |