TVS Supply Chain Solutions IPO vs Utkarsh Small Finance Bank IPO

Comparison between TVS Supply Chain Solutions IPO and Utkarsh Small Finance Bank IPO.

IPO Details

TVS Supply Chain Solutions 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 TVS Supply Chain Solutions IPO is up to ₹880.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of TVS Supply Chain Solutions IPO is ₹197.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.

 TVS Supply Chain Solutions IPOUtkarsh Small Finance Bank IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹187.00 per share₹23.00 per share
Issue Price (Upper)₹197.00 per share₹25.00 per share
Issue Price (Final)₹197.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size76 shares600 shares
Fresh Issue Size3,04,56,852 shares20,00,00,000 shares
Fresh Issue Size (Amount)up to ₹600.00 Crup to ₹500.00 Cr
OFS Issue Size1,42,13,198 shares0 shares
OFS Issue Size (Amount)up to ₹280.00 Crup to ₹0.00 Cr
Issue Size Total4,46,70,050 shares20,00,00,000 shares
Issue Size Total (Amount)up to ₹880.00 Crup to ₹500.00 Cr

IPO Timetable

TVS Supply Chain Solutions IPO opens on Aug 10, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of TVS Supply Chain Solutions IPO and Utkarsh Small Finance Bank IPO is Aug 14, 2023, and Jul 14, 2023, respectively.

 TVS Supply Chain Solutions IPOUtkarsh Small Finance Bank IPO
Anchor Bid DateAug 09, 2023Jul 11, 2023
Issue OpenAug 10, 2023Jul 12, 2023
Issue CloseAug 14, 2023Jul 14, 2023
Basis Of Allotment (Tentative)Aug 18, 2023Jul 19, 2023
Initiation of Refunds (Tentative)Aug 21, 2023Jul 20, 2023
Credit of Share (Tentative)Aug 22, 2023Jul 21, 2023
Listing date (Tentative)Aug 23, 2023Jul 21, 2023
Anchor Lockin End date 1Sep 17, 2023Aug 18, 2023
Anchor Lockin End date 2Nov 16, 2023Oct 17, 2023

Financials & KPIs

TVS Supply Chain Solutions IPO P/E ratio is 189.42, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.

 TVS Supply Chain Solutions IPOUtkarsh Small Finance Bank IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets6,210.925,789.734,990.065,462.92
Total Income10,311.019,299.946,999.696,792.76
Profit After Tax41.76-45.80-76.34-248.00
NET Worth723.55714.00490.69510.80
Reserves and Surplus774.19713.76473.94493.35
Total Borrowing1,989.621,763.781,547.922,160.12
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)46.6584.75
Promoter Shareholding (Post-Issue)41.669.28
P/E Ratio189.426.78
Market Cap₹8746.00 Cr.₹2739.76 Cr.
ROE5.50%22.64%
ROCE7.64%
Debt/Equity8.03
EPS₹1.04₹4.52
RoNW5.50%20.22%

Shares Offered

In the TVS Supply Chain Solutions IPO Retail Individual Investors (RII) are offered 44,67,005 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 44,67,005 shares. Qualified Institutional Buyers (QIB) are offered 1,34,01,016 shares in TVS Supply Chain Solutions IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.

 TVS Supply Chain Solutions IPOUtkarsh Small Finance Bank IPO
Anchor Investor Reservation2,01,01,522 shares8,91,00,000 shares
Market Maker Reservation
QIB1,34,01,016 shares5,94,00,000 shares
NII67,00,507 shares2,97,00,000 shares
RII44,67,005 shares1,98,00,000 shares
Employee20,00,000 shares
Others
Total4,46,70,050 shares20,00,00,000 shares

Bids Received (Subscription)

TVS Supply Chain Solutions IPO subscribed 2.85x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.

 TVS Supply Chain Solutions IPOUtkarsh Small Finance Bank IPO
QIB (times)1.37x135.71x
NII (times)2.44x88.74x
Big NII (times)2.39x91.83x
Small NII (times)2.55x82.57x
RII (times)7.89x78.38x
Employee (times)18.02x
Other (times)
Total (times)2.85x110.77x

Compare with others

Compare: