Rossari Biotech IPO vs SBI Cards IPO

Comparision between Rossari Biotech IPO and SBI Cards IPO.

IPO Details

Rossari Biotech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while SBI Cards IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Rossari Biotech IPO	SBI Cards 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 ICICI Securities Limited	Axis Capital Limited Bofa Securities India Limited Hsbc Securities & Capital Markets Pvt Ltd Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	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 Rossari Biotech IPO is up to ₹496.49 Cr whereas the issue size of the SBI Cards IPO is up to ₹10,354.77 Cr. The final issue price of Rossari Biotech IPO is ₹425.00 per share and of SBI Cards IPO is ₹755.00 per share.

	Rossari Biotech IPO	SBI Cards IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹423.00 per share	₹750.00 per share
Issue Price (Upper)	₹425.00 per share	₹755.00 per share
Issue Price (Final)	₹425.00 per share	₹755.00 per share
Discount (Retail)
Discount (Employee)		₹75.00 per share
Market Lot Size	35 shares	19 shares
Fresh Issue Size		66,22,517 shares
Fresh Issue Size (Amount)	up to ₹50.00 Cr	up to ₹500.00 Cr
OFS Issue Size	1,05,00,000 shares	13,05,26,798 shares
OFS Issue Size (Amount)		up to ₹9,854.77 Cr
Issue Size Total	1,16,82,033 shares	13,71,93,464 shares
Issue Size Total (Amount)	up to ₹496.49 Cr	up to ₹10,354.77 Cr

IPO Timetable

Rossari Biotech IPO opens on Jul 13, 2020, while SBI Cards IPO opens on Mar 02, 2020. The closing date of Rossari Biotech IPO and SBI Cards IPO is Jul 15, 2020, and Mar 05, 2020, respectively.

	Rossari Biotech IPO	SBI Cards IPO
Anchor Bid Date
Issue Open	Jul 13, 2020	Mar 02, 2020
Issue Close	Jul 15, 2020	Mar 05, 2020
Basis Of Allotment (Tentative)	Jul 20, 2020	Mar 11, 2020
Initiation of Refunds (Tentative)	Jul 21, 2020	Mar 12, 2020
Credit of Share (Tentative)	Jul 22, 2020	Mar 13, 2020
Listing date (Tentative)	Jul 23, 2020	Mar 16, 2020
Anchor Lockin End date 1	Aug 19, 2020	Apr 10, 2020
Anchor Lockin End date 2	Oct 18, 2020	Jun 09, 2020

Financials

Rossari Biotech IPO P/E ratio is 33.81, as compared to SBI Cards IPO P/E ratio of 45.8.

Rossari Biotech IPO

SBI Cards IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	4,715.15	2489.45	1649.50	1308.94
Total Revenue	6,038.18	5171.24	3004.29	2605.97
Profit After Tax	652.53	456.83	254.03	142.85

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Dec-19	31-March-19	31-Mar-18	31-Mar-17
Total Assets	259,934.65	202,396.36	156,860.07	107,649.82
Total Revenue	72,401.56	72,868.35	53,701.92	34,710.38
Profit After Tax	11,612.07	8,627.22	6,011.42	3,728.61

Promoter Shareholding (Pre-Issue)

95.06%

74%

Promoter Shareholding (Post-Issue)

73%

69.51%

P/E Ratio

33.81

45.8

Market Cap

₹2207.00 Cr.

₹70890.00 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Rossari Biotech IPO retail investors (RII) are offered 40,86,765 shares while in SBI Cards IPO retail investors are offered 40,86,765 shares. Qualified institutional buyers (QIB) are offered 23,35,294 shares in Rossari Biotech IPO and 2,42,24,003 shares in SBI Cards IPO.

	Rossari Biotech IPO	SBI Cards IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	23,35,294 shares	2,42,24,003 shares
NII	17,51,471 shares	1,83,41,418 shares
RII	40,86,765 shares	4,27,96,641 shares
Employee	0 shares	18,64,669 shares
Others
Total	81,73,530 shares	10,02,79,411 shares

Bids Received (Subscription)

Rossari Biotech IPO subscribed 79.37x in total, whereas SBI Cards IPO subscribed 26.54x.

	Rossari Biotech IPO	SBI Cards IPO
QIB (times)	85.26x	57.18x
NII (times)	239.83x	45.23x
Big NII (times)
Small NII (times)
RII (times)	7.23x	2.50x
Employee (times)		4.74x
Other (times)		25.36x
Total (times)	79.37x	26.54x

Compare with others

Rossari Biotech IPO	SBI Cards IPO
Happiest Minds IPO	Mindspace REIT
CAMS IPO	Yes Bank FPO
UTI AMC IPO	Rossari Biotech IPO
Mindspace REIT	Equitas Small Finance Bank IPO
Yes Bank FPO	Prince Pipes IPO
Equitas Small Finance Bank IPO	Ujjivan Bank IPO
Prince Pipes IPO	CSB Bank IPO
SBI Cards IPO	IRCTC IPO
Ujjivan Bank IPO	Vishwaraj IPO
CSB Bank IPO	Sterling and Wilson IPO

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