Concord Biotech IPO vs Utkarsh Small Finance Bank IPO

Comparison between Concord Biotech IPO and Utkarsh Small Finance Bank IPO.

IPO Details

Concord Biotech 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 Concord Biotech IPO is up to ₹1,550.52 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of Concord Biotech IPO is ₹741.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.

 Concord Biotech IPOUtkarsh Small Finance Bank IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹705.00 per share₹23.00 per share
Issue Price (Upper)₹741.00 per share₹25.00 per share
Issue Price (Final)₹741.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹70.00 per share₹0.00 per share
Market Lot Size20 shares600 shares
Fresh Issue Size0 shares20,00,00,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹500.00 Cr
OFS Issue Size2,09,25,652 shares0 shares
OFS Issue Size (Amount)up to ₹1,550.52 Crup to ₹0.00 Cr
Issue Size Total2,09,25,652 shares20,00,00,000 shares
Issue Size Total (Amount)up to ₹1,550.52 Crup to ₹500.00 Cr

IPO Timetable

Concord Biotech IPO opens on Aug 04, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of Concord Biotech IPO and Utkarsh Small Finance Bank IPO is Aug 08, 2023, and Jul 14, 2023, respectively.

 Concord Biotech IPOUtkarsh Small Finance Bank IPO
Anchor Bid DateAug 03, 2023Jul 11, 2023
Issue OpenAug 04, 2023Jul 12, 2023
Issue CloseAug 08, 2023Jul 14, 2023
Basis Of Allotment (Tentative)Aug 11, 2023Jul 19, 2023
Initiation of Refunds (Tentative)Aug 14, 2023Jul 20, 2023
Credit of Share (Tentative)Aug 17, 2023Jul 21, 2023
Listing date (Tentative)Aug 18, 2023Jul 21, 2023
Anchor Lockin End date 1Sep 10, 2023Aug 18, 2023
Anchor Lockin End date 2Nov 09, 2023Oct 17, 2023

Financials & KPIs

Concord Biotech IPO P/E ratio is 32.29, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.

 Concord Biotech IPOUtkarsh Small Finance Bank IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,513.981,312.801,182.55
Total Income888.48736.35630.75
Profit After Tax240.08174.93234.89
NET Worth1,290.001,103.22999.37
Total Borrowing31.2460.5986.35
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)44.0884.75
Promoter Shareholding (Post-Issue)44.0869.28
P/E Ratio32.296.78
Market Cap₹7752.06 Cr.₹2739.76 Cr.
ROE20.06%22.64%
ROCE24.27%
Debt/Equity8.03
EPS₹20.79₹4.52
RoNW20%20.22%

Shares Offered

In the Concord Biotech IPO Retail Individual Investors (RII) are offered 73,20,479 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 73,20,479 shares. Qualified Institutional Buyers (QIB) are offered 41,83,130 shares in Concord Biotech IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.

 Concord Biotech IPOUtkarsh Small Finance Bank IPO
Anchor Investor Reservation62,74,695 shares8,91,00,000 shares
Market Maker Reservation
QIB41,83,130 shares5,94,00,000 shares
NII31,37,348 shares2,97,00,000 shares
RII73,20,479 shares1,98,00,000 shares
Employee10,000 shares20,00,000 shares
Others
Total2,09,25,652 shares20,00,00,000 shares

Bids Received (Subscription)

Concord Biotech IPO subscribed 24.87x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.

 Concord Biotech IPOUtkarsh Small Finance Bank IPO
QIB (times)67.67x135.71x
NII (times)16.99x88.74x
Big NII (times)19.30x91.83x
Small NII (times)12.37x82.57x
RII (times)3.78x78.38x
Employee (times)24.48x18.02x
Other (times)
Total (times)24.87x110.77x

Compare with others

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Concord Biotech IPO Vs Utkarsh Small Finance Bank IPO