Comparison between IRCTC IPO and Spandana Sphoorty Financial IPO.
IRCTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Spandana Sphoorty Financial 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 Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr. The final issue price of IRCTC IPO is ₹320.00 per share and of Spandana Sphoorty Financial IPO is ₹856.00 per share.
| IRCTC IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | ₹853.00 per share |
| Issue Price (Upper) | ₹320.00 per share | ₹856.00 per share |
| Issue Price (Final) | ₹320.00 per share | ₹856.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 40 shares | 17 shares |
| Fresh Issue Size | 0 shares | 45,43,385 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹388.91 Cr |
| OFS Issue Size | 2,01,60,000 shares | 93,56,725 shares |
| OFS Issue Size (Amount) | up to ₹637.97 Cr | up to ₹800.94 Cr |
| Issue Size Total | 2,01,60,000 shares | 1,39,00,110 shares |
| Issue Size Total (Amount) | up to ₹637.97 Cr | up to ₹1,189.85 Cr |
IRCTC IPO opens on Sep 30, 2019, while Spandana Sphoorty Financial IPO opens on Aug 05, 2019. The closing date of IRCTC IPO and Spandana Sphoorty Financial IPO is Oct 03, 2019, and Aug 07, 2019, respectively.
| IRCTC IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Bid Date | Aug 02, 2019 | |
| Issue Open | Sep 30, 2019 | Aug 05, 2019 |
| Issue Close | Oct 03, 2019 | Aug 07, 2019 |
| Basis Of Allotment (Tentative) | Oct 09, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Oct 10, 2019 | Aug 14, 2019 |
| Credit of Share (Tentative) | Oct 11, 2019 | Aug 16, 2019 |
| Listing date (Tentative) | Oct 14, 2019 | Aug 19, 2019 |
| Anchor Lockin End date 1 | Sep 13, 2019 | |
| Anchor Lockin End date 2 | Nov 12, 2019 |
IRCTC IPO P/E ratio is , as compared to Spandana Sphoorty Financial IPO P/E ratio of .
| IRCTC IPO | Spandana Sphoorty Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 81.21 | ||||
| Promoter Shareholding (Post-Issue) | 87.4 | 62.6 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5120.00 Cr. | ₹5504.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRCTC IPO Retail Individual Investors (RII) are offered 70,00,000 shares while in Spandana Sphoorty Financial IPO retail investors are offered 70,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,00,00,000 shares in IRCTC IPO and 28,05,924 shares in Spandana Sphoorty Financial IPO.
| IRCTC IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,08,886 shares | |
| Market Maker Reservation | ||
| QIB | 1,00,00,000 shares | 28,05,924 shares |
| NII | 30,00,000 shares | 21,04,444 shares |
| RII | 70,00,000 shares | 49,10,368 shares |
| Employee | 1,60,000 shares | |
| Others | ||
| Total | 2,01,60,000 shares | 1,40,29,622 shares |
IRCTC IPO subscribed 111.91x in total, whereas Spandana Sphoorty Financial IPO subscribed 1.05x.
| IRCTC IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| QIB (times) | 108.79x | 3.11x |
| NII (times) | 354.52x | 0.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.83x | 0.09x |
| Employee (times) | 5.81x | |
| Other (times) | ||
| Total (times) | 111.91x | 1.05x |
