Comparison between IKIO Lighting IPO and Utkarsh Small Finance Bank IPO.
IKIO Lighting 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.
The total issue size of IKIO Lighting IPO is up to ₹606.50 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of IKIO Lighting IPO is ₹285.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.
| IKIO Lighting IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹270.00 per share | ₹23.00 per share |
| Issue Price (Upper) | ₹285.00 per share | ₹25.00 per share |
| Issue Price (Final) | ₹285.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 52 shares | 600 shares |
| Fresh Issue Size | 1,22,80,701 shares | 20,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹350.00 Cr | up to ₹500.00 Cr |
| OFS Issue Size | 90,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹256.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,12,80,701 shares | 20,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹606.50 Cr | up to ₹500.00 Cr |
IKIO Lighting IPO opens on Jun 06, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of IKIO Lighting IPO and Utkarsh Small Finance Bank IPO is Jun 08, 2023, and Jul 14, 2023, respectively.
| IKIO Lighting IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Bid Date | Jun 05, 2023 | Jul 11, 2023 |
| Issue Open | Jun 06, 2023 | Jul 12, 2023 |
| Issue Close | Jun 08, 2023 | Jul 14, 2023 |
| Basis Of Allotment (Tentative) | Jun 13, 2023 | Jul 19, 2023 |
| Initiation of Refunds (Tentative) | Jun 14, 2023 | Jul 20, 2023 |
| Credit of Share (Tentative) | Jun 15, 2023 | Jul 21, 2023 |
| Listing date (Tentative) | Jun 16, 2023 | Jul 21, 2023 |
| Anchor Lockin End date 1 | Jul 13, 2023 | Aug 18, 2023 |
| Anchor Lockin End date 2 | Sep 11, 2023 | Oct 17, 2023 |
IKIO Lighting IPO P/E ratio is 32.13, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.
| IKIO Lighting IPO | Utkarsh Small Finance Bank IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Proforma Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 84.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.46 | 69.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 32.13 | 6.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2202.50 Cr. | ₹2739.76 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.00% | 22.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 26.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.03 | 8.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.90 | ₹4.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 36.46% | 20.22% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the IKIO Lighting IPO Retail Individual Investors (RII) are offered 74,48,246 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 74,48,246 shares. Qualified Institutional Buyers (QIB) are offered 42,56,140 shares in IKIO Lighting IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.
| IKIO Lighting IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 63,84,209 shares | 8,91,00,000 shares |
| Market Maker Reservation | ||
| QIB | 42,56,140 shares | 5,94,00,000 shares |
| NII | 31,92,106 shares | 2,97,00,000 shares |
| RII | 74,48,246 shares | 1,98,00,000 shares |
| Employee | 20,00,000 shares | |
| Others | ||
| Total | 2,12,80,701 shares | 20,00,00,000 shares |
IKIO Lighting IPO subscribed 67.75x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.
| IKIO Lighting IPO | Utkarsh Small Finance Bank IPO | |
|---|---|---|
| QIB (times) | 163.06x | 135.71x |
| NII (times) | 65.38x | 88.74x |
| Big NII (times) | 69.01x | 91.83x |
| Small NII (times) | 58.13x | 82.57x |
| RII (times) | 14.31x | 78.38x |
| Employee (times) | 18.02x | |
| Other (times) | ||
| Total (times) | 67.75x | 110.77x |
