SBI Cards IPO vs Vishwaraj IPO

Comparision between SBI Cards IPO and Vishwaraj IPO.

IPO Details

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

	SBI Cards IPO	Vishwaraj 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 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	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 SBI Cards IPO is up to ₹10,354.77 Cr whereas the issue size of the Vishwaraj IPO is up to ₹60.00 Cr. The final issue price of SBI Cards IPO is ₹755.00 per share and of Vishwaraj IPO is ₹60.00 per share.

	SBI Cards IPO	Vishwaraj IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹750.00 per share	₹55.00 per share
Issue Price (Upper)	₹755.00 per share	₹60.00 per share
Issue Price (Final)	₹755.00 per share	₹60.00 per share
Discount (Retail)
Discount (Employee)	₹75.00 per share
Market Lot Size	19 shares	240 shares
Fresh Issue Size	66,22,517 shares	30,00,000 shares
Fresh Issue Size (Amount)	up to ₹500.00 Cr
OFS Issue Size	13,05,26,798 shares	70,00,000 shares
OFS Issue Size (Amount)	up to ₹9,854.77 Cr
Issue Size Total	13,71,93,464 shares	1,00,00,000 shares
Issue Size Total (Amount)	up to ₹10,354.77 Cr	up to ₹60.00 Cr

IPO Timetable

SBI Cards IPO opens on Mar 02, 2020, while Vishwaraj IPO opens on Sep 30, 2019. The closing date of SBI Cards IPO and Vishwaraj IPO is Mar 05, 2020, and Oct 04, 2019, respectively.

	SBI Cards IPO	Vishwaraj IPO
Anchor Bid Date
Issue Open	Mar 02, 2020	Sep 30, 2019
Issue Close	Mar 05, 2020	Oct 04, 2019
Basis Of Allotment (Tentative)	Mar 11, 2020	Oct 11, 2019
Initiation of Refunds (Tentative)	Mar 12, 2020	Oct 14, 2019
Credit of Share (Tentative)	Mar 13, 2020	Oct 15, 2019
Listing date (Tentative)	Mar 16, 2020	Oct 15, 2019
Anchor Lockin End date 1	Apr 10, 2020	Nov 10, 2019
Anchor Lockin End date 2	Jun 09, 2020	Jan 09, 2020

Financials

SBI Cards IPO P/E ratio is 45.8, as compared to Vishwaraj IPO P/E ratio of .

SBI Cards IPO

Vishwaraj IPO

Financial

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

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	71,954.96	62,418.63	54,319.99	58,898.53	60,501.20
Total Revenue	30,787.55	26,893.11	32,289.84	40,864.55	34,936.75
Profit After Tax	(1,761.99)	(426.67)	606.25	85.35	(57.68)

Promoter Shareholding (Pre-Issue)

74%

54.22%

Promoter Shareholding (Post-Issue)

69.51%

32.83%

P/E Ratio

45.8

Market Cap

₹70890.00 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the SBI Cards IPO retail investors (RII) are offered 4,27,96,641 shares while in Vishwaraj IPO retail investors are offered 4,27,96,641 shares. Qualified institutional buyers (QIB) are offered 2,42,24,003 shares in SBI Cards IPO and 10,00,000 shares in Vishwaraj IPO.

	SBI Cards IPO	Vishwaraj IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,42,24,003 shares	10,00,000 shares
NII	1,83,41,418 shares	40,00,000 shares
RII	4,27,96,641 shares	50,00,000 shares
Employee	18,64,669 shares	0 shares
Others
Total	10,02,79,411 shares	1,00,00,000 shares

Bids Received (Subscription)

SBI Cards IPO subscribed 26.54x in total, whereas Vishwaraj IPO subscribed 1.12x.

	SBI Cards IPO	Vishwaraj IPO
QIB (times)	57.18x	1.00x
NII (times)	45.23x	1.76x
Big NII (times)
Small NII (times)
RII (times)	2.50x	0.64x
Employee (times)	4.74x
Other (times)	25.36x
Total (times)	26.54x	1.12x

Compare with others

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

Comments

Add a public comment...