Senco Gold IPO vs Utkarsh Small Finance Bank IPO

Comparision between Senco Gold IPO and Utkarsh Small Finance Bank IPO.

IPO Details

Senco Gold IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Utkarsh Small Finance Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Senco Gold IPO	Utkarsh Small Finance Bank 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	Iifl Securities Ltd Ambit Private Limited SBI Capital Markets Limited	ICICI Securities Limited Kotak Mahindra Capital Company Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Senco Gold IPO is up to ₹405.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of Senco Gold IPO is ₹317.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.

	Senco Gold IPO	Utkarsh Small Finance Bank IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹301.00 per share	₹23.00 per share
Issue Price (Upper)	₹317.00 per share	₹25.00 per share
Issue Price (Final)	₹317.00 per share	₹25.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	47 shares	600 shares
Fresh Issue Size	85,17,350 shares	20,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹270.00 Cr	up to ₹500.00 Cr
OFS Issue Size	42,58,675 shares
OFS Issue Size (Amount)	up to ₹135.00 Cr
Issue Size Total	1,27,76,025 shares	20,00,00,000 shares
Issue Size Total (Amount)	up to ₹405.00 Cr	up to ₹500.00 Cr

IPO Timetable

Senco Gold IPO opens on Jul 04, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of Senco Gold IPO and Utkarsh Small Finance Bank IPO is Jul 06, 2023, and Jul 14, 2023, respectively.

	Senco Gold IPO	Utkarsh Small Finance Bank IPO
Anchor Bid Date	Jul 03, 2023	Jul 11, 2023
Issue Open	Jul 04, 2023	Jul 12, 2023
Issue Close	Jul 06, 2023	Jul 14, 2023
Basis Of Allotment (Tentative)	Jul 11, 2023	Jul 19, 2023
Initiation of Refunds (Tentative)	Jul 12, 2023	Jul 20, 2023
Credit of Share (Tentative)	Jul 13, 2023	Jul 21, 2023
Listing date (Tentative)	Jul 14, 2023	Jul 21, 2023
Anchor Lockin End date 1	Aug 10, 2023	Aug 18, 2023
Anchor Lockin End date 2	Oct 09, 2023	Oct 17, 2023

Financials

Senco Gold IPO P/E ratio is 15.53, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.

Senco Gold IPO

Utkarsh Small Finance Bank IPO

Financial

Senco Gold Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	1,559.30	2,674.92	61.48	602.51	536.53	532.44
31-Mar-22	2,100.19	3,547.41	129.10	725.77	659.46	862.97
31-Mar-23	2,905.32	4,108.54	158.48	944.97	876.27	1,177.17
Amount in ₹ Crore

Utkarsh Small Finance Bank IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	9,404.32	12,137.91	15,063.77	19,117.54
Revenue	1,406.18	1,705.84	2,033.65	2,804.29
Profit After Tax	186.74	111.82	61.46	404.50
Net Worth	1,019.50	1,368.35	1,572.30	2,000.32
Reserves and Surplus	260.23	520.02	676.78	1,104.42
Total Borrowing	2,675.04	2,607.83	2,571.94	2,349.48

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

76.92%

84.75%

Promoter Shareholding (Post-Issue)

68.48%

69.28%

P/E Ratio

15.53

6.78

Market Cap

₹2462.00 Cr.

₹2739.76 Cr.

ROE

18.9%%

22.64%%

ROCE

14.2%%

Debt/Equity

1.25

8.03

EPS

₹22.93

₹4.52

RoNW

18.96%%

20.22%%

Shares Offered

In the Senco Gold IPO retail investors (RII) are offered 44,71,609 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 44,71,609 shares. Qualified institutional buyers (QIB) are offered 25,55,203 shares in Senco Gold IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.

	Senco Gold IPO	Utkarsh Small Finance Bank IPO
Anchor Investor Reserveration	38,32,807 shares	8,91,00,000 shares
Market Maker Reserveration
QIB	25,55,203 shares	5,94,00,000 shares
NII	19,16,404 shares	2,97,00,000 shares
RII	44,71,609 shares	1,98,00,000 shares
Employee	0 shares	20,00,000 shares
Others
Total	89,43,216 shares	11,09,00,000 shares

Bids Received (Subscription)

Senco Gold IPO subscribed 77.25x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.

	Senco Gold IPO	Utkarsh Small Finance Bank IPO
QIB (times)	190.56x	135.71x
NII (times)	68.44x	88.74x
Big NII (times)	72.05x	91.83x
Small NII (times)	61.23x	82.57x
RII (times)	16.28x	78.38x
Employee (times)		18.02x
Other (times)
Total (times)	77.25x	110.77x

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