Spandana Sphoorty Financial IPO vs Vishwaraj Sugar Industries IPO

Comparison between Spandana Sphoorty Financial IPO and Vishwaraj Sugar Industries IPO.

IPO Details

Spandana Sphoorty Financial IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vishwaraj Sugar Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr whereas the issue size of the Vishwaraj Sugar Industries IPO is up to ₹60.00 Cr. The final issue price of Spandana Sphoorty Financial IPO is ₹856.00 per share and of Vishwaraj Sugar Industries IPO is ₹60.00 per share.

 Spandana Sphoorty Financial IPOVishwaraj Sugar Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹853.00 per share₹55.00 per share
Issue Price (Upper)₹856.00 per share₹60.00 per share
Issue Price (Final)₹856.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size17 shares240 shares
Fresh Issue Size45,43,385 shares30,00,000 shares
Fresh Issue Size (Amount)up to ₹388.91 Crup to ₹18.00 Cr
OFS Issue Size93,56,725 shares70,00,000 shares
OFS Issue Size (Amount)up to ₹800.94 Crup to ₹42.00 Cr
Issue Size Total1,39,00,110 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹1,189.85 Crup to ₹60.00 Cr

IPO Timetable

Spandana Sphoorty Financial IPO opens on Aug 05, 2019, while Vishwaraj Sugar Industries IPO opens on Sep 30, 2019. The closing date of Spandana Sphoorty Financial IPO and Vishwaraj Sugar Industries IPO is Aug 07, 2019, and Oct 04, 2019, respectively.

 Spandana Sphoorty Financial IPOVishwaraj Sugar Industries IPO
Anchor Bid DateAug 02, 2019
Issue OpenAug 05, 2019Sep 30, 2019
Issue CloseAug 07, 2019Oct 04, 2019
Basis Of Allotment (Tentative)Aug 14, 2019Oct 11, 2019
Initiation of Refunds (Tentative)Aug 14, 2019Oct 14, 2019
Credit of Share (Tentative)Aug 16, 2019Oct 15, 2019
Listing date (Tentative)Aug 19, 2019Oct 15, 2019
Anchor Lockin End date 1Sep 13, 2019
Anchor Lockin End date 2Nov 12, 2019

Financials & KPIs

Spandana Sphoorty Financial IPO P/E ratio is , as compared to Vishwaraj Sugar Industries IPO P/E ratio of .

 Spandana Sphoorty Financial IPOVishwaraj Sugar Industries IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets4,898.043,764.271,928.62
Total Income1,041.71587.50378.67
Profit After Tax308.75187.97443.41
NET Worth1,889.441,390.64927.57
Reserves and Surplus1,826.741,360.90899.12
Total Borrowing1,552.991,296.51932.46
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 201931 Mar 201831 Mar 2017
Assets719.55624.19543.20
Total Income307.88268.93322.90
Profit After Tax-17.62-4.276.06
NET Worth211.50228.88232.49
Reserves and Surplus176.94194.32197.93
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.2154.22
Promoter Shareholding (Post-Issue)62.632.83
P/E Ratio
Market Cap₹5504.64 Cr.₹225.34 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Spandana Sphoorty Financial IPO Retail Individual Investors (RII) are offered 49,10,368 shares while in Vishwaraj Sugar Industries IPO retail investors are offered 49,10,368 shares. Qualified Institutional Buyers (QIB) are offered 28,05,924 shares in Spandana Sphoorty Financial IPO and 10,00,000 shares in Vishwaraj Sugar Industries IPO.

 Spandana Sphoorty Financial IPOVishwaraj Sugar Industries IPO
Anchor Investor Reservation42,08,886 shares0 shares
Market Maker Reservation0 shares0 shares
QIB28,05,924 shares10,00,000 shares
NII21,04,444 shares40,00,000 shares
RII49,10,368 shares50,00,000 shares
Employee0 shares0 shares
Others
Total1,40,29,622 shares1,00,00,000 shares

Bids Received (Subscription)

Spandana Sphoorty Financial IPO subscribed 0.74x in total, whereas Vishwaraj Sugar Industries IPO subscribed 1.12x.

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