Fino Payments Bank IPO vs Sansera Engineering IPO

Comparision between Fino Payments Bank IPO and Sansera Engineering IPO.

IPO Details

Fino Payments Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sansera Engineering IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Fino Payments Bank IPO	Sansera Engineering 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 Clsa India Private Limited ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	ICICI Securities Limited Iifl Securities Ltd Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Kfin Technologies Limited	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 Fino Payments Bank IPO is up to ₹1,200.29 Cr whereas the issue size of the Sansera Engineering IPO is up to ₹1,282.98 Cr. The final issue price of Fino Payments Bank IPO is ₹577.00 per share and of Sansera Engineering IPO is ₹744.00 per share.

	Fino Payments Bank IPO	Sansera Engineering IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹560.00 per share	₹734.00 per share
Issue Price (Upper)	₹577.00 per share	₹744.00 per share
Issue Price (Final)	₹577.00 per share	₹744.00 per share
Discount (Retail)
Discount (Employee)		₹36.00 per share
Market Lot Size	25 shares	20 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹300.00 Cr
OFS Issue Size	1,56,02,999 shares	1,72,44,328 shares
OFS Issue Size (Amount)	up to ₹900.29 Cr	up to ₹1,282.98 Cr
Issue Size Total		1,72,44,328 shares
Issue Size Total (Amount)	up to ₹1,200.29 Cr	up to ₹1,282.98 Cr

IPO Timetable

Fino Payments Bank IPO opens on Oct 29, 2021, while Sansera Engineering IPO opens on Sep 14, 2021. The closing date of Fino Payments Bank IPO and Sansera Engineering IPO is Nov 02, 2021, and Sep 16, 2021, respectively.

	Fino Payments Bank IPO	Sansera Engineering IPO
Anchor Bid Date
Issue Open	Oct 29, 2021	Sep 14, 2021
Issue Close	Nov 02, 2021	Sep 16, 2021
Basis Of Allotment (Tentative)	Nov 09, 2021	Sep 21, 2021
Initiation of Refunds (Tentative)	Nov 10, 2021	Sep 22, 2021
Credit of Share (Tentative)	Nov 11, 2021	Sep 23, 2021
Listing date (Tentative)	Nov 12, 2021	Sep 24, 2021
Anchor Lockin End date 1	Dec 09, 2021	Oct 21, 2021
Anchor Lockin End date 2	Feb 07, 2022	Dec 20, 2021

Financials

Fino Payments Bank IPO P/E ratio is , as compared to Sansera Engineering IPO P/E ratio of .

Fino Payments Bank IPO

Sansera Engineering IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-March-21	31-Mar-20	31-Mar-19
Total Assets	10,102.91	6,240.01	6,840.72
Total Revenue	7,910.27	6,913.97	3,711.21
Profit After Tax	204.74	(320.36)	(623.84)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,288.83	18,282.36	17,454.84
Total Revenue	15,723.64	14,731.39	16,408.09
Profit After Tax	1,098.60	799.05	980.64

Promoter Shareholding (Pre-Issue)

100%

43.91%

Promoter Shareholding (Post-Issue)

75%

36.56%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fino Payments Bank IPO retail investors (RII) are offered 20,75,031 shares while in Sansera Engineering IPO retail investors are offered 20,75,031 shares. Qualified institutional buyers (QIB) are offered 62,25,094 shares in Fino Payments Bank IPO and 34,23,442 shares in Sansera Engineering IPO.

	Fino Payments Bank IPO	Sansera Engineering IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	62,25,094 shares	34,23,442 shares
NII	31,12,546 shares	25,67,582 shares
RII	20,75,031 shares	59,91,024 shares
Employee	51,993 shares	1,27,118 shares
Others
Total	1,14,64,664 shares	1,21,09,166 shares

Bids Received (Subscription)

Fino Payments Bank IPO subscribed 2.03x in total, whereas Sansera Engineering IPO subscribed 11.47x.

	Fino Payments Bank IPO	Sansera Engineering IPO
QIB (times)	1.64x	26.47x
NII (times)	0.21x	11.37x
Big NII (times)
Small NII (times)
RII (times)	5.92x	3.15x
Employee (times)	0.93x	1.37x
Other (times)
Total (times)	2.03x	11.47x

Compare with others

Fino Payments Bank IPO	Sansera Engineering IPO
Sigachi Industries IPO	Nykaa IPO
Adani Wilmar IPO	SJS Enterprises IPO
PolicyBazaar IPO	Fino Payments Bank IPO
Nykaa IPO	Paras Defence and Space Technologies IPO
SJS Enterprises IPO	Aditya Birla Sun Life AMC IPO
Paras Defence and Space Technologies IPO	Vijaya Diagnostic IPO
Aditya Birla Sun Life AMC IPO	Ami Organics IPO
Sansera Engineering IPO	Chemplast Sanmar IPO
Vijaya Diagnostic IPO	Aptus Value Housing Finance IPO
Ami Organics IPO	Krsnaa Diagnostics IPO

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