Comparison between Mindspace Business REIT and SBI Cards IPO.
Mindspace Business REIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBI Cards IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mindspace Business REIT is up to ₹4,500.00 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,340.79 Cr. The final issue price of Mindspace Business REIT is ₹275.00 per share and of SBI Cards IPO is ₹755.00 per share.
| Mindspace Business REIT | SBI Cards IPO | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹274.00 per share | ₹750.00 per share |
| Issue Price (Upper) | ₹275.00 per share | ₹755.00 per share |
| Issue Price (Final) | ₹275.00 per share | ₹755.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 200 shares | 19 shares |
| Fresh Issue Size | 3,63,63,600 shares | 66,22,516 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.00 Cr | up to ₹499.32 Cr |
| OFS Issue Size | 12,72,72,600 shares | 13,05,26,798 shares |
| OFS Issue Size (Amount) | up to ₹3,500.00 Cr | up to ₹9,841.46 Cr |
| Issue Size Total | 16,36,36,200 shares | 13,71,49,314 shares |
| Issue Size Total (Amount) | up to ₹4,500.00 Cr | up to ₹10,340.79 Cr |
Mindspace Business REIT opens on Jul 27, 2020, while SBI Cards IPO opens on Mar 02, 2020. The closing date of Mindspace Business REIT and SBI Cards IPO is Jul 29, 2020, and Mar 05, 2020, respectively.
| Mindspace Business REIT | SBI Cards IPO | |
|---|---|---|
| Anchor Bid Date | Feb 28, 2020 | |
| Issue Open | Jul 27, 2020 | Mar 02, 2020 |
| Issue Close | Jul 29, 2020 | Mar 05, 2020 |
| Basis Of Allotment (Tentative) | Aug 06, 2020 | Mar 11, 2020 |
| Initiation of Refunds (Tentative) | Aug 07, 2020 | Mar 12, 2020 |
| Credit of Share (Tentative) | Aug 07, 2020 | Mar 13, 2020 |
| Listing date (Tentative) | Aug 07, 2020 | Mar 16, 2020 |
| Anchor Lockin End date 1 | Sep 05, 2020 | Apr 10, 2020 |
| Anchor Lockin End date 2 | Nov 04, 2020 | Jun 09, 2020 |
Mindspace Business REIT P/E ratio is , as compared to SBI Cards IPO P/E ratio of 45.8.
| Mindspace Business REIT | SBI Cards IPO | |
|---|---|---|
| Financials | ||
| Promoter Shareholding (Pre-Issue) | 74 | |
| Promoter Shareholding (Post-Issue) | 69.51 | |
| P/E Ratio | 45.8 | |
| Market Cap | ₹23675.00 Cr. | ₹70890.00 Cr. |
| ROE | ||
| ROCE | ||
| Debt/Equity | ||
| EPS | ||
| RoNW |
In the Mindspace Business REIT Retail Individual Investors (RII) are offered 0 shares while in SBI Cards IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 3,68,18,200 shares in Mindspace Business REIT and 2,44,46,393 shares in SBI Cards IPO.
| Mindspace Business REIT | SBI Cards IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,52,27,200 shares | 3,66,69,589 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 3,68,18,200 shares | 2,44,46,393 shares |
| NII | 3,06,81,800 shares | 1,83,34,795 shares |
| RII | 0 shares | 4,27,81,188 shares |
| Employee | 0 shares | 18,64,669 shares |
| Others | ||
| Total | 16,36,36,200 shares | 13,71,49,314 shares |
Mindspace Business REIT subscribed 5.36x in total, whereas SBI Cards IPO subscribed 19.41x.
| Mindspace Business REIT | SBI Cards IPO | |
|---|---|---|
| QIB (times) | 10.65x | 56.66x |
| NII (times) | 15.57x | 45.24x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.50x | |
| Employee (times) | 4.74x | |
| Other (times) | ||
| Total (times) | 5.36x | 19.41x |
