Prince Pipes IPO vs SBI Cards IPO

Comparison between Prince Pipes IPO and SBI Cards IPO.

IPO Details

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.

Issue Size and Price

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 IPOSBI 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 Size84 shares19 shares
Fresh Issue Size1,40,44,943 shares66,22,516 shares
Fresh Issue Size (Amount)up to ₹250.00 Crup to ₹499.32 Cr
OFS Issue Size1,40,44,942 shares13,05,26,798 shares
OFS Issue Size (Amount)up to ₹250.00 Crup to ₹9,841.46 Cr
Issue Size Total2,80,89,885 shares13,71,49,314 shares
Issue Size Total (Amount)up to ₹500.00 Crup to ₹10,340.79 Cr

IPO Timetable

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 IPOSBI Cards IPO
Anchor Bid DateDec 17, 2019Feb 28, 2020
Issue OpenDec 18, 2019Mar 02, 2020
Issue CloseDec 20, 2019Mar 05, 2020
Basis Of Allotment (Tentative)Dec 26, 2019Mar 11, 2020
Initiation of Refunds (Tentative)Dec 27, 2019Mar 12, 2020
Credit of Share (Tentative)Dec 30, 2019Mar 13, 2020
Listing date (Tentative)Dec 30, 2019Mar 16, 2020
Anchor Lockin End date 1Jan 25, 2020Apr 10, 2020
Anchor Lockin End date 2Mar 25, 2020Jun 09, 2020

Financials & KPIs

Prince Pipes IPO P/E ratio is 18.35, as compared to SBI Cards IPO P/E ratio of 45.8.

 Prince Pipes IPOSBI Cards IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.0674
Promoter Shareholding (Post-Issue)65.8069.51
P/E Ratio18.3545.8
Market Cap₹1958.46 Cr.₹70890.00 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 IPOSBI Cards IPO
Anchor Investor Reservation84,26,965 shares3,66,69,589 shares
Market Maker Reservation0 shares
QIB56,17,977 shares2,44,46,393 shares
NII42,13,483 shares1,83,34,795 shares
RII98,31,460 shares4,27,81,188 shares
Employee18,64,669 shares
Others
Total2,80,89,885 shares13,71,49,314 shares

Bids Received (Subscription)

Prince Pipes IPO subscribed 2.21x in total, whereas SBI Cards IPO subscribed 26.54x.

 Prince Pipes IPOSBI Cards IPO
QIB (times)3.54x57.18x
NII (times)1.21x45.23x
Big NII (times)
Small NII (times)
RII (times)1.89x2.50x
Employee (times)4.74x
Other (times)25.36x
Total (times)2.21x26.54x

Compare with others

Compare:

Prince Pipes IPO Vs SBI Cards IPO