Bandhan Bank IPO vs Sandhar Technologies IPO

Comparision between Bandhan Bank IPO and Sandhar Technologies IPO.

IPO Details

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

	Bandhan Bank IPO	Sandhar Technologies 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	Axis Capital Limited ICICI Securities Limited
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 Bandhan Bank IPO is up to ₹4,473.02 Cr whereas the issue size of the Sandhar Technologies IPO is up to ₹565.60 Cr. The final issue price of Bandhan Bank IPO is ₹375.00 per share and of Sandhar Technologies IPO is ₹332.00 per share.

	Bandhan Bank IPO	Sandhar Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹327.00 per share
Issue Price (Upper)	₹375.00 per share	₹332.00 per share
Issue Price (Final)	₹375.00 per share	₹332.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	40 shares	45 shares
Fresh Issue Size	9,76,63,910 shares
Fresh Issue Size (Amount)		up to ₹300.00 Cr
OFS Issue Size	2,16,16,584 shares	80,00,000 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 ₹565.60 Cr

IPO Timetable

Bandhan Bank IPO opens on Mar 15, 2018, while Sandhar Technologies IPO opens on Mar 19, 2018. The closing date of Bandhan Bank IPO and Sandhar Technologies IPO is Mar 19, 2018, and Mar 21, 2018, respectively.

	Bandhan Bank IPO	Sandhar Technologies IPO
Anchor Bid Date
Issue Open	Mar 15, 2018	Mar 19, 2018
Issue Close	Mar 19, 2018	Mar 21, 2018
Basis Of Allotment (Tentative)	Mar 22, 2018
Initiation of Refunds (Tentative)	Mar 23, 2018
Credit of Share (Tentative)	Mar 26, 2018
Listing date (Tentative)	Mar 27, 2018
Anchor Lockin End date 1	Apr 21, 2018
Anchor Lockin End date 2	Jun 20, 2018

Financials

Bandhan Bank IPO P/E ratio is , as compared to Sandhar Technologies IPO P/E ratio of .

Bandhan Bank IPO

Sandhar Technologies 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 Standalone)
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	8,449.03	7,640.62	7,504.36	6,213.64	5,424.39
Total Revenue	13,743.14	12,933.59	12,624.16	10,438.24	9,643.81
Profit Before Tax	453.30	433.67	478.69	407.61	263.04
Profit After Tax	366.42	322.67	348.37	337.64	208.01

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 Sandhar Technologies 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 30,85,505 shares in Sandhar Technologies IPO.

	Bandhan Bank IPO	Sandhar Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,38,56,099 shares	30,85,505 shares
NII	1,78,92,075 shares	23,36,147 shares
RII	4,17,48,173 shares	54,51,009 shares
Employee
Others
Total	8,34,96,347 shares	1,08,72,661 shares

Bids Received (Subscription)

Bandhan Bank IPO subscribed 14.56x in total, whereas Sandhar Technologies IPO subscribed 6.14x.

	Bandhan Bank IPO	Sandhar Technologies IPO
QIB (times)	38.68x	14.50x
NII (times)	13.89x	6.39x
Big NII (times)
Small NII (times)
RII (times)	1.06x	1.31x
Employee (times)
Other (times)
Total (times)	14.56x	6.14x

Compare with others

Bandhan Bank IPO	Sandhar Technologies IPO
Mishra Dhatu Nigam IPO	RITES Limited IPO
Sandhar Technologies IPO	IndoStar Capital Finance IPO
Karda Construction IPO	Lemon Tree Hotels IPO
Hindustan Aeronautics IPO	ICICI Securities IPO
Bharat Dynamics IPO	Mishra Dhatu Nigam IPO
HG Infra IPO	Karda Construction IPO
Aster DM Healthcare IPO	Hindustan Aeronautics IPO
Galaxy Surfactants IPO	Bharat Dynamics IPO
Amber Enterprises IPO	Bandhan Bank IPO
Newgen Software IPO	HG Infra IPO

Comments

Add a public comment...