POWERGRID InvIT IPO April 2021 vs Suryoday Small Finance Bank IPO

Comparision between POWERGRID InvIT IPO April 2021 and Suryoday Small Finance Bank IPO.

IPO Details

POWERGRID InvIT IPO April 2021 is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suryoday Small Finance Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	InvIT	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Edelweiss Financial Services Ltd Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited	Axis Capital Limited ICICI Securities Limited Iifl Securities Ltd SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
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 POWERGRID InvIT IPO April 2021 is up to ₹7,734.99 Cr whereas the issue size of the Suryoday Small Finance Bank IPO is up to ₹582.34 Cr. The final issue price of POWERGRID InvIT IPO April 2021 is ₹100.00 per share and of Suryoday Small Finance Bank IPO is ₹305.00 per share.

	POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
Face Value	₹100 per share	₹10 per share
Issue Price (Lower)	₹99.00 per share	₹303.00 per share
Issue Price (Upper)	₹100.00 per share	₹305.00 per share
Issue Price (Final)	₹100.00 per share	₹305.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1100 shares	49 shares
Fresh Issue Size		81,50,000 shares
Fresh Issue Size (Amount)	up to ₹4,993.48 Cr	up to ₹248.58 Cr
OFS Issue Size		1,09,43,070 shares
OFS Issue Size (Amount)	up to ₹2,741.51 Cr	up to ₹333.76 Cr
Issue Size Total		1,90,93,070 shares
Issue Size Total (Amount)	up to ₹7,734.99 Cr	up to ₹582.34 Cr

IPO Timetable

POWERGRID InvIT IPO April 2021 opens on Apr 29, 2021, while Suryoday Small Finance Bank IPO opens on Mar 17, 2021. The closing date of POWERGRID InvIT IPO April 2021 and Suryoday Small Finance Bank IPO is May 03, 2021, and Mar 19, 2021, respectively.

	POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
Anchor Bid Date
Issue Open	Apr 29, 2021	Mar 17, 2021
Issue Close	May 03, 2021	Mar 19, 2021
Basis Of Allotment (Tentative)	May 10, 2021	Mar 24, 2021
Initiation of Refunds (Tentative)	May 11, 2021	Mar 24, 2021
Credit of Share (Tentative)	May 11, 2021	Mar 25, 2021
Listing date (Tentative)	May 14, 2021	Mar 26, 2021
Anchor Lockin End date 1	Jun 09, 2021	Apr 23, 2021
Anchor Lockin End date 2	Aug 08, 2021	Jun 22, 2021

Financials

POWERGRID InvIT IPO April 2021 P/E ratio is , as compared to Suryoday Small Finance Bank IPO P/E ratio of .

POWERGRID InvIT IPO April 2021

Suryoday Small Finance Bank IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	63,504.09	53,645.22	37,612.03	21,559.64
Total Revenue	6,892.73	8,541.38	5,970.29	3,249.26
Profit After Tax	548.66	1,111.98	903.98	114.92

Promoter Shareholding (Pre-Issue)

30.35%

Promoter Shareholding (Post-Issue)

28.02%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the POWERGRID InvIT IPO April 2021 retail investors (RII) are offered 0 shares while in Suryoday Small Finance Bank IPO retail investors are offered 0 shares. Qualified institutional buyers (QIB) are offered 23,20,49,400 shares in POWERGRID InvIT IPO April 2021 and 37,18,614 shares in Suryoday Small Finance Bank IPO.

	POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	23,20,49,400 shares	37,18,614 shares
NII	19,33,75,600 shares	27,88,961 shares
RII	0 shares	65,07,575 shares
Employee	0 shares	5,00,000 shares
Others
Total	42,54,25,000 shares	1,35,15,150 shares

Bids Received (Subscription)

POWERGRID InvIT IPO April 2021 subscribed 4.83x in total, whereas Suryoday Small Finance Bank IPO subscribed 2.37x.

	POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
QIB (times)	4.63x	2.18x
NII (times)	5.07x	1.31x
Big NII (times)
Small NII (times)
RII (times)		3.09x
Employee (times)		0.34x
Other (times)
Total (times)	4.83x	2.37x

Compare with others

POWERGRID InvIT IPO April 2021	Suryoday Small Finance Bank IPO
India Pesticides IPO	Sona Comstar IPO
Ruchi Soya FPO	POWERGRID InvIT IPO April 2021
KIMS IPO	Shyam Metalics IPO
Dodla Dairy IPO	Lodha Developers IPO
Sona Comstar IPO	Barbeque Nation IPO
Shyam Metalics IPO	Kalyan Jewellers IPO
Lodha Developers IPO	Anupam Rasayan IPO
Barbeque Nation IPO	Laxmi Organic IPO
Suryoday Small Finance Bank IPO	Craftsman Automation IPO
Kalyan Jewellers IPO	Nazara Technologies IPO

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