CSB Bank IPO vs Spandana Sphoorty IPO

Comparision between CSB Bank IPO and Spandana Sphoorty IPO.

IPO Details

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

	CSB Bank IPO	Spandana Sphoorty 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 Capital Limited ICICI Securities Limited Iifl Securities Ltd Indusind Bank Limited Jm Financial Limited Yes Securities (India) Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Spandana Sphoorty IPO is up to ₹1,202.34 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of Spandana Sphoorty IPO is ₹856.00 per share.

	CSB Bank IPO	Spandana Sphoorty IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹193.00 per share	₹853.00 per share
Issue Price (Upper)	₹195.00 per share	₹856.00 per share
Issue Price (Final)	₹195.00 per share	₹856.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	17 shares
Fresh Issue Size	12,43,523 shares	46,89,331 shares
Fresh Issue Size (Amount)	up to ₹24.00 Cr	up to ₹400.00 Cr
OFS Issue Size	1,97,78,298 shares	93,56,725 shares
OFS Issue Size (Amount)	up to ₹385.68 Cr
Issue Size Total	2,10,21,821 shares	1,40,46,056 shares
Issue Size Total (Amount)	up to ₹409.68 Cr	up to ₹1,202.34 Cr

IPO Timetable

CSB Bank IPO opens on Nov 22, 2019, while Spandana Sphoorty IPO opens on Aug 05, 2019. The closing date of CSB Bank IPO and Spandana Sphoorty IPO is Nov 26, 2019, and Aug 07, 2019, respectively.

	CSB Bank IPO	Spandana Sphoorty IPO
Anchor Bid Date
Issue Open	Nov 22, 2019	Aug 05, 2019
Issue Close	Nov 26, 2019	Aug 07, 2019
Basis Of Allotment (Tentative)	Dec 02, 2019	Aug 14, 2019
Initiation of Refunds (Tentative)	Dec 03, 2019	Aug 14, 2019
Credit of Share (Tentative)	Dec 03, 2019	Aug 16, 2019
Listing date (Tentative)	Dec 04, 2019	Aug 19, 2019
Anchor Lockin End date 1	Jan 01, 2020	Sep 13, 2019
Anchor Lockin End date 2	Mar 01, 2020	Nov 12, 2019

Financials

CSB Bank IPO P/E ratio is , as compared to Spandana Sphoorty IPO P/E ratio of .

CSB Bank IPO

Spandana Sphoorty 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 (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	48,980.37	37,642.47	19,286.22	20,998.95	23,524.69
Total Revenue	10,362.81	5,872.74	3,770.64	3,438.62	3,019.71
Profit After Tax	3,087.48	1,879.71	4,434.14	2,432.35	1,050.99

Promoter Shareholding (Pre-Issue)

50.09%

81.21%

Promoter Shareholding (Post-Issue)

49.7%

62.6%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CSB Bank IPO retail investors (RII) are offered 21,00,906 shares while in Spandana Sphoorty IPO retail investors are offered 21,00,906 shares. Qualified institutional buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 70,23,027 shares in Spandana Sphoorty IPO.

	CSB Bank IPO	Spandana Sphoorty IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	63,02,721 shares	70,23,027 shares
NII	31,51,360 shares	21,06,909 shares
RII	21,00,906 shares	49,16,120 shares
Employee
Others
Total	1,15,54,987 shares	1,40,46,056 shares

Bids Received (Subscription)

CSB Bank IPO subscribed 86.91x in total, whereas Spandana Sphoorty IPO subscribed 1.05x.

	CSB Bank IPO	Spandana Sphoorty IPO
QIB (times)	62.18x	3.11x
NII (times)	164.68x	0.55x
Big NII (times)
Small NII (times)
RII (times)	44.46x	0.09x
Employee (times)
Other (times)
Total (times)	86.91x	1.05x

Compare with others

CSB Bank IPO	Spandana Sphoorty IPO
Rossari Biotech IPO	Ujjivan Bank IPO
Equitas Small Finance Bank IPO	CSB Bank IPO
Prince Pipes IPO	IRCTC IPO
SBI Cards IPO	Vishwaraj IPO
Ujjivan Bank IPO	Sterling and Wilson IPO
IRCTC IPO	Affle IPO
Vishwaraj IPO	IndiaMart IPO
Sterling and Wilson IPO	Neogen Chemicals IPO
Spandana Sphoorty IPO	Rail Vikas IPO
Affle IPO	Polycab IPO

Comments

Add a public comment...