CSB Bank IPO vs Rossari Biotech IPO

Comparision between CSB Bank IPO and Rossari Biotech IPO.

IPO Details

CSB Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rossari Biotech IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CSB Bank IPO	Rossari Biotech IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Iifl Securities Ltd	Axis Bank Limited ICICI Securities Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of CSB Bank IPO is up to ₹409.68 Cr whereas the issue size of the Rossari Biotech IPO is up to ₹496.49 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of Rossari Biotech IPO is ₹425.00 per share.

	CSB Bank IPO	Rossari Biotech IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹193.00 per share	₹423.00 per share
Issue Price (Upper)	₹195.00 per share	₹425.00 per share
Issue Price (Final)	₹195.00 per share	₹425.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	35 shares
Fresh Issue Size	12,43,523 shares
Fresh Issue Size (Amount)	up to ₹24.00 Cr	up to ₹50.00 Cr
OFS Issue Size	1,97,78,298 shares	1,05,00,000 shares
OFS Issue Size (Amount)	up to ₹385.68 Cr
Issue Size Total	2,10,21,821 shares	1,16,82,033 shares
Issue Size Total (Amount)	up to ₹409.68 Cr	up to ₹496.49 Cr

IPO Timetable

CSB Bank IPO opens on Nov 22, 2019, while Rossari Biotech IPO opens on Jul 13, 2020. The closing date of CSB Bank IPO and Rossari Biotech IPO is Nov 26, 2019, and Jul 15, 2020, respectively.

	CSB Bank IPO	Rossari Biotech IPO
Anchor Bid Date
Issue Open	Nov 22, 2019	Jul 13, 2020
Issue Close	Nov 26, 2019	Jul 15, 2020
Basis Of Allotment (Tentative)	Dec 02, 2019	Jul 20, 2020
Initiation of Refunds (Tentative)	Dec 03, 2019	Jul 21, 2020
Credit of Share (Tentative)	Dec 03, 2019	Jul 22, 2020
Listing date (Tentative)	Dec 04, 2019	Jul 23, 2020
Anchor Lockin End date 1	Jan 01, 2020	Aug 19, 2020
Anchor Lockin End date 2	Mar 01, 2020	Oct 18, 2020

Financials

CSB Bank IPO P/E ratio is , as compared to Rossari Biotech IPO P/E ratio of 33.81.

CSB Bank IPO

Rossari Biotech IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Sep-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	1,73,232.58	1,64,534.60	1,53,346.62	1,57,700.26
Total Revenue	8,167.14	14,834.33	14,222.26	16,174.96
Profit After Tax	442.72	(656.89)	(1,270.88)	(579.91)

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	4,715.15	2489.45	1649.50	1308.94
Total Revenue	6,038.18	5171.24	3004.29	2605.97
Profit After Tax	652.53	456.83	254.03	142.85

Promoter Shareholding (Pre-Issue)

50.09%

95.06%

Promoter Shareholding (Post-Issue)

49.7%

73%

P/E Ratio

33.81

Market Cap

₹2207.00 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CSB Bank IPO retail investors (RII) are offered 21,00,906 shares while in Rossari Biotech IPO retail investors are offered 21,00,906 shares. Qualified institutional buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 23,35,294 shares in Rossari Biotech IPO.

	CSB Bank IPO	Rossari Biotech IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	63,02,721 shares	23,35,294 shares
NII	31,51,360 shares	17,51,471 shares
RII	21,00,906 shares	40,86,765 shares
Employee		0 shares
Others
Total	1,15,54,987 shares	81,73,530 shares

Bids Received (Subscription)

CSB Bank IPO subscribed 86.91x in total, whereas Rossari Biotech IPO subscribed 79.37x.

	CSB Bank IPO	Rossari Biotech IPO
QIB (times)	62.18x	85.26x
NII (times)	164.68x	239.83x
Big NII (times)
Small NII (times)
RII (times)	44.46x	7.23x
Employee (times)
Other (times)
Total (times)	86.91x	79.37x

Compare with others

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Rossari Biotech IPO	Happiest Minds IPO
Equitas Small Finance Bank IPO	CAMS IPO
Prince Pipes IPO	UTI AMC IPO
SBI Cards IPO	Mindspace REIT
Ujjivan Bank IPO	Yes Bank FPO
IRCTC IPO	Equitas Small Finance Bank IPO
Vishwaraj IPO	Prince Pipes IPO
Sterling and Wilson IPO	SBI Cards IPO
Spandana Sphoorty IPO	Ujjivan Bank IPO
Affle IPO	CSB Bank IPO

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