Bandhan Bank IPO vs Newgen Software IPO

Comparision between Bandhan Bank IPO and Newgen Software IPO.

IPO Details

Bandhan Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Newgen Software IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bandhan Bank IPO	Newgen Software 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 Bank Limited Goldman Sachs (India) Securities Private Limited J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited	ICICI Securities Limited Idfc Bank Limited Jefferies India Private Limited
Registrar	Kfin Technologies Limited	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 Bandhan Bank IPO is up to ₹4,473.02 Cr whereas the issue size of the Newgen Software IPO is up to ₹424.62 Cr. The final issue price of Bandhan Bank IPO is ₹375.00 per share and of Newgen Software IPO is ₹245.00 per share.

	Bandhan Bank IPO	Newgen Software IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹240.00 per share
Issue Price (Upper)	₹375.00 per share	₹245.00 per share
Issue Price (Final)	₹375.00 per share	₹245.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	40 shares	61 shares
Fresh Issue Size	9,76,63,910 shares
Fresh Issue Size (Amount)		up to ₹95.00 Cr
OFS Issue Size	2,16,16,584 shares	1,34,53,932 shares
OFS Issue Size (Amount)
Issue Size Total	11,92,80,494 shares
Issue Size Total (Amount)	up to ₹4,473.02 Cr	up to ₹424.62 Cr

IPO Timetable

Bandhan Bank IPO opens on Mar 15, 2018, while Newgen Software IPO opens on Jan 16, 2018. The closing date of Bandhan Bank IPO and Newgen Software IPO is Mar 19, 2018, and Jan 18, 2018, respectively.

	Bandhan Bank IPO	Newgen Software IPO
Anchor Bid Date
Issue Open	Mar 15, 2018	Jan 16, 2018
Issue Close	Mar 19, 2018	Jan 18, 2018
Basis Of Allotment (Tentative)	Mar 22, 2018	Jan 23, 2018
Initiation of Refunds (Tentative)	Mar 23, 2018	Jan 24, 2018
Credit of Share (Tentative)	Mar 26, 2018	Jan 25, 2018
Listing date (Tentative)	Mar 27, 2018	Jan 29, 2018
Anchor Lockin End date 1	Apr 21, 2018	Feb 22, 2018
Anchor Lockin End date 2	Jun 20, 2018	Apr 23, 2018

Financials

Bandhan Bank IPO P/E ratio is , as compared to Newgen Software IPO P/E ratio of .

Bandhan Bank IPO

Newgen Software IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	302,360.90	197,565.00	5,268.88
Total Revenue	43,201.23	17,312.54	79.53
Profit After Tax	11,119.52	2,752.47	5.76

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	4,467.11	3,892.55	3,243.41	2,650.47	1,578.12
Total Revenue	4,337.65	3,496.70	3,162.13	2,551.65	2,055.49
Profit After Tax	523.62	278.20	463.80	410.81	369.55

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bandhan Bank IPO retail investors (RII) are offered 4,17,48,173 shares while in Newgen Software IPO retail investors are offered 4,17,48,173 shares. Qualified institutional buyers (QIB) are offered 2,38,56,099 shares in Bandhan Bank IPO and 35,06,688 shares in Newgen Software IPO.

	Bandhan Bank IPO	Newgen Software IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,38,56,099 shares	35,06,688 shares
NII	1,78,92,075 shares	26,11,840 shares
RII	4,17,48,173 shares	60,94,293 shares
Employee
Others
Total	8,34,96,347 shares	1,22,12,821 shares

Bids Received (Subscription)

Bandhan Bank IPO subscribed 14.56x in total, whereas Newgen Software IPO subscribed 8.25x.

	Bandhan Bank IPO	Newgen Software IPO
QIB (times)	38.68x	15.62x
NII (times)	13.89x	5.52x
Big NII (times)
Small NII (times)
RII (times)	1.06x	5.18x
Employee (times)
Other (times)
Total (times)	14.56x	8.25x

Compare with others

Bandhan Bank IPO	Newgen Software IPO
Mishra Dhatu Nigam IPO	Bandhan Bank IPO
Sandhar Technologies IPO	HG Infra IPO
Karda Construction IPO	Aster DM Healthcare IPO
Hindustan Aeronautics IPO	Galaxy Surfactants IPO
Bharat Dynamics IPO	Amber Enterprises IPO
HG Infra IPO	Apollo Micro Systems IPO
Aster DM Healthcare IPO	Shalby Hospital IPO
Galaxy Surfactants IPO	Future Supply Chain IPO
Amber Enterprises IPO	Astron Paper IPO
Newgen Software IPO	HDFC Life IPO

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