Senco Gold IPO vs Utkarsh Small Finance Bank IPO

Comparison between Senco Gold IPO and Utkarsh Small Finance Bank IPO.

IPO Details

Senco Gold 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.

Issue Size and Price

The total issue size of Senco Gold IPO is up to ₹405.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of Senco Gold IPO is ₹317.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.

 Senco Gold IPOUtkarsh Small Finance Bank IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹301.00 per share₹23.00 per share
Issue Price (Upper)₹317.00 per share₹25.00 per share
Issue Price (Final)₹317.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size47 shares600 shares
Fresh Issue Size85,17,350 shares20,00,00,000 shares
Fresh Issue Size (Amount)up to ₹270.00 Crup to ₹500.00 Cr
OFS Issue Size42,58,675 shares0 shares
OFS Issue Size (Amount)up to ₹135.00 Crup to ₹0.00 Cr
Issue Size Total1,27,76,025 shares20,00,00,000 shares
Issue Size Total (Amount)up to ₹405.00 Crup to ₹500.00 Cr

IPO Timetable

Senco Gold IPO opens on Jul 04, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of Senco Gold IPO and Utkarsh Small Finance Bank IPO is Jul 06, 2023, and Jul 14, 2023, respectively.

 Senco Gold IPOUtkarsh Small Finance Bank IPO
Anchor Bid DateJul 03, 2023Jul 11, 2023
Issue OpenJul 04, 2023Jul 12, 2023
Issue CloseJul 06, 2023Jul 14, 2023
Basis Of Allotment (Tentative)Jul 11, 2023Jul 19, 2023
Initiation of Refunds (Tentative)Jul 12, 2023Jul 20, 2023
Credit of Share (Tentative)Jul 13, 2023Jul 21, 2023
Listing date (Tentative)Jul 14, 2023Jul 21, 2023
Anchor Lockin End date 1Aug 10, 2023Aug 18, 2023
Anchor Lockin End date 2Oct 09, 2023Oct 17, 2023

Financials & KPIs

Senco Gold IPO P/E ratio is 15.53, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.

 Senco Gold IPOUtkarsh Small Finance Bank IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets2,905.322,100.191,559.30
Total Income4,108.543,547.412,674.92
Profit After Tax158.48129.1061.48
NET Worth944.97725.77602.51
Reserves and Surplus876.27659.46536.53
Total Borrowing1,177.17862.97532.44
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets19,117.5415,063.7712,137.919,404.32
Total Income2,804.292,033.651,705.841,406.18
Profit After Tax404.5061.46111.82186.74
NET Worth2,000.321,572.301,368.351,019.50
Reserves and Surplus1,104.42676.78520.02260.23
Total Borrowing2,349.482,571.942,607.832,675.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)76.9284.75
Promoter Shareholding (Post-Issue)68.4869.28
P/E Ratio15.536.78
Market Cap₹2462.00 Cr.₹2739.76 Cr.
ROE18.9%22.64%
ROCE14.2%
Debt/Equity1.258.03
EPS₹22.93₹4.52
RoNW18.96%20.22%

Shares Offered

In the Senco Gold IPO Retail Individual Investors (RII) are offered 44,71,609 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 44,71,609 shares. Qualified Institutional Buyers (QIB) are offered 25,55,205 shares in Senco Gold IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.

 Senco Gold IPOUtkarsh Small Finance Bank IPO
Anchor Investor Reservation38,32,807 shares8,91,00,000 shares
Market Maker Reservation
QIB25,55,205 shares5,94,00,000 shares
NII19,16,404 shares2,97,00,000 shares
RII44,71,609 shares1,98,00,000 shares
Employee20,00,000 shares
Others
Total1,27,76,025 shares20,00,00,000 shares

Bids Received (Subscription)

Senco Gold IPO subscribed 77.25x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.

 Senco Gold IPOUtkarsh Small Finance Bank IPO
QIB (times)190.56x135.71x
NII (times)68.44x88.74x
Big NII (times)72.05x91.83x
Small NII (times)61.23x82.57x
RII (times)16.28x78.38x
Employee (times)18.02x
Other (times)
Total (times)77.25x110.77x

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Senco Gold IPO Vs Utkarsh Small Finance Bank IPO