Comparison between SBI Cards IPO and Sterling & Wilson IPO.
SBI Cards IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sterling & Wilson IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of SBI Cards IPO is up to ₹10,340.79 Cr whereas the issue size of the Sterling & Wilson IPO is up to ₹2,849.64 Cr. The final issue price of SBI Cards IPO is ₹755.00 per share and of Sterling & Wilson IPO is ₹780.00 per share.
| SBI Cards IPO | Sterling & Wilson IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹750.00 per share | ₹775.00 per share |
| Issue Price (Upper) | ₹755.00 per share | ₹780.00 per share |
| Issue Price (Final) | ₹755.00 per share | ₹780.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 19 shares | 19 shares |
| Fresh Issue Size | 66,22,516 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹499.32 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 13,05,26,798 shares | 3,65,33,820 shares |
| OFS Issue Size (Amount) | up to ₹9,841.46 Cr | up to ₹2,849.64 Cr |
| Issue Size Total | 13,71,49,314 shares | 3,65,33,820 shares |
| Issue Size Total (Amount) | up to ₹10,340.79 Cr | up to ₹2,849.64 Cr |
SBI Cards IPO opens on Mar 02, 2020, while Sterling & Wilson IPO opens on Aug 06, 2019. The closing date of SBI Cards IPO and Sterling & Wilson IPO is Mar 05, 2020, and Aug 08, 2019, respectively.
| SBI Cards IPO | Sterling & Wilson IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2020 | Aug 05, 2019 |
| Issue Open | Mar 02, 2020 | Aug 06, 2019 |
| Issue Close | Mar 05, 2020 | Aug 08, 2019 |
| Basis Of Allotment (Tentative) | Mar 11, 2020 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Mar 12, 2020 | Aug 16, 2019 |
| Credit of Share (Tentative) | Mar 13, 2020 | Aug 19, 2019 |
| Listing date (Tentative) | Mar 16, 2020 | Aug 20, 2019 |
| Anchor Lockin End date 1 | Apr 10, 2020 | Sep 13, 2019 |
| Anchor Lockin End date 2 | Jun 09, 2020 | Nov 12, 2019 |
SBI Cards IPO P/E ratio is 45.8, as compared to Sterling & Wilson IPO P/E ratio of .
| SBI Cards IPO | Sterling & Wilson IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 74 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 69.51 | 75 | ||||
| P/E Ratio | 45.8 | |||||
| Market Cap | ₹70890.00 Cr. | ₹12508.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the SBI Cards IPO Retail Individual Investors (RII) are offered 4,27,81,188 shares while in Sterling & Wilson IPO retail investors are offered 4,27,81,188 shares. Qualified Institutional Buyers (QIB) are offered 2,44,46,393 shares in SBI Cards IPO and 1,23,32,273 shares in Sterling & Wilson IPO.
| SBI Cards IPO | Sterling & Wilson IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,66,69,589 shares | 1,80,28,846 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 2,44,46,393 shares | 1,23,32,273 shares |
| NII | 1,83,34,795 shares | 54,05,747 shares |
| RII | 4,27,81,188 shares | 11,68,291 shares |
| Employee | 18,64,669 shares | |
| Others | ||
| Total | 13,71,49,314 shares | 3,69,35,157 shares |
SBI Cards IPO subscribed 26.54x in total, whereas Sterling & Wilson IPO subscribed 0.85x.
| SBI Cards IPO | Sterling & Wilson IPO | |
|---|---|---|
| QIB (times) | 57.18x | 1.02x |
| NII (times) | 45.23x | 0.89x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.50x | 0.30x |
| Employee (times) | 4.74x | |
| Other (times) | 25.36x | |
| Total (times) | 26.54x | 0.85x |
