Sterling and Wilson IPO vs Ujjivan Bank IPO

Comparision between Sterling and Wilson IPO and Ujjivan Bank IPO.

IPO Details

Sterling and Wilson IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ujjivan Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Sterling and Wilson IPO	Ujjivan 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	Axis Capital Limited Credit Suisse Securities (India) Private Limited Deutsche Equities India Private Limited ICICI Securities Limited Iifl Securities Ltd Indusind Bank Limited SBI Capital Markets Limited Yes Securities (India) Limited	Iifl Securities Ltd Jm Financial Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Sterling and Wilson IPO is up to ₹3,145.16 Cr whereas the issue size of the Ujjivan Bank IPO is up to ₹750.00 Cr. The final issue price of Sterling and Wilson IPO is ₹780.00 per share and of Ujjivan Bank IPO is ₹37.00 per share.

	Sterling and Wilson IPO	Ujjivan Bank IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹775.00 per share	₹36.00 per share
Issue Price (Upper)	₹780.00 per share	₹37.00 per share
Issue Price (Final)	₹780.00 per share	₹37.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	19 shares	400 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)	up to ₹3,125.00 Cr
Issue Size Total	4,03,22,580 shares	20,83,33,333 shares
Issue Size Total (Amount)	up to ₹3,145.16 Cr	up to ₹750.00 Cr

IPO Timetable

Sterling and Wilson IPO opens on Aug 06, 2019, while Ujjivan Bank IPO opens on Dec 02, 2019. The closing date of Sterling and Wilson IPO and Ujjivan Bank IPO is Aug 08, 2019, and Dec 04, 2019, respectively.

	Sterling and Wilson IPO	Ujjivan Bank IPO
Anchor Bid Date
Issue Open	Aug 06, 2019	Dec 02, 2019
Issue Close	Aug 08, 2019	Dec 04, 2019
Basis Of Allotment (Tentative)	Aug 14, 2019	Dec 09, 2019
Initiation of Refunds (Tentative)	Aug 16, 2019	Dec 10, 2019
Credit of Share (Tentative)	Aug 19, 2019	Dec 11, 2019
Listing date (Tentative)	Aug 20, 2019	Dec 12, 2019
Anchor Lockin End date 1	Sep 13, 2019	Jan 08, 2020
Anchor Lockin End date 2	Nov 12, 2019	Mar 08, 2020

Financials

Sterling and Wilson IPO P/E ratio is , as compared to Ujjivan Bank IPO P/E ratio of .

Sterling and Wilson IPO

Ujjivan Bank IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Dec-17
Total Assets	53,919.19	49,203.81	35,701.70
Total Revenue	82,404.08	68,717.08	32,324.81
Profit After Tax	6,382.33	4,505.35	1,733.62

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Sept-19	31-Mar-19	31-Mar-18
Total Assets	1,61,078.96	137,422.15	94,728.73
Total Revenue	14,348.57	20,375.75	15,793.55
Profit After Tax	1,871.10	1,992.18	68.63

Promoter Shareholding (Pre-Issue)

100%

94.40%

Promoter Shareholding (Post-Issue)

75%

83.32%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sterling and Wilson IPO retail investors (RII) are offered 40,32,258 shares while in Ujjivan Bank IPO retail investors are offered 40,32,258 shares. Qualified institutional buyers (QIB) are offered 3,02,41,935 shares in Sterling and Wilson IPO and 5,62,50,000 shares in Ujjivan Bank IPO.

	Sterling and Wilson IPO	Ujjivan Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	3,02,41,935 shares	5,62,50,000 shares
NII	60,48,387 shares	2,81,25,000 shares
RII	40,32,258 shares	1,87,50,000 shares
Employee		0 shares
Others
Total	4,03,22,580 shares	12,39,58,333 shares

Bids Received (Subscription)

Sterling and Wilson IPO subscribed 0.85x in total, whereas Ujjivan Bank IPO subscribed 165.66x.

	Sterling and Wilson IPO	Ujjivan Bank IPO
QIB (times)	1.02x	110.72x
NII (times)	0.89x	473.00x
Big NII (times)
Small NII (times)
RII (times)	0.30x	48.97x
Employee (times)
Other (times)		4.13x
Total (times)	0.85x	165.66x

Compare with others

Sterling and Wilson IPO	Ujjivan Bank IPO
SBI Cards IPO	Yes Bank FPO
Ujjivan Bank IPO	Rossari Biotech IPO
CSB Bank IPO	Equitas Small Finance Bank IPO
IRCTC IPO	Prince Pipes IPO
Vishwaraj IPO	SBI Cards IPO
Spandana Sphoorty IPO	CSB Bank IPO
Affle IPO	IRCTC IPO
IndiaMart IPO	Vishwaraj IPO
Neogen Chemicals IPO	Sterling and Wilson IPO
Rail Vikas IPO	Spandana Sphoorty IPO

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