Bandhan Bank IPO vs Mishra Dhatu Nigam IPO

Comparision between Bandhan Bank IPO and Mishra Dhatu Nigam IPO.

IPO Details

Bandhan Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mishra Dhatu Nigam IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bandhan Bank IPO	Mishra Dhatu Nigam 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 Goldman Sachs (India) Securities Private Limited J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited	Idbi Capital Market Services Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Alankit Assignments 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 Bandhan Bank IPO is up to ₹4,473.02 Cr whereas the issue size of the Mishra Dhatu Nigam IPO is up to ₹438.38 Cr. The final issue price of Bandhan Bank IPO is ₹375.00 per share and of Mishra Dhatu Nigam IPO is ₹90.00 per share.

	Bandhan Bank IPO	Mishra Dhatu Nigam IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹370.00 per share	₹87.00 per share
Issue Price (Upper)	₹375.00 per share	₹90.00 per share
Issue Price (Final)	₹375.00 per share	₹90.00 per share
Discount (Retail)		₹3.00 per share
Discount (Employee)		₹3.00 per share
Market Lot Size	40 shares	150 shares
Fresh Issue Size	9,76,63,910 shares
Fresh Issue Size (Amount)
OFS Issue Size	2,16,16,584 shares	4,87,08,400 shares
OFS Issue Size (Amount)
Issue Size Total	11,92,80,494 shares	4,87,08,400 shares
Issue Size Total (Amount)	up to ₹4,473.02 Cr	up to ₹438.38 Cr

IPO Timetable

Bandhan Bank IPO opens on Mar 15, 2018, while Mishra Dhatu Nigam IPO opens on Mar 21, 2018. The closing date of Bandhan Bank IPO and Mishra Dhatu Nigam IPO is Mar 19, 2018, and Mar 23, 2018, respectively.

	Bandhan Bank IPO	Mishra Dhatu Nigam IPO
Anchor Bid Date
Issue Open	Mar 15, 2018	Mar 21, 2018
Issue Close	Mar 19, 2018	Mar 23, 2018
Basis Of Allotment (Tentative)	Mar 22, 2018	Mar 28, 2018
Initiation of Refunds (Tentative)	Mar 23, 2018	Apr 02, 2018
Credit of Share (Tentative)	Mar 26, 2018	Apr 03, 2018
Listing date (Tentative)	Mar 27, 2018	Apr 04, 2018
Anchor Lockin End date 1	Apr 21, 2018	Apr 27, 2018
Anchor Lockin End date 2	Jun 20, 2018	Jun 26, 2018

Financials

Bandhan Bank IPO P/E ratio is , as compared to Mishra Dhatu Nigam IPO P/E ratio of .

Bandhan Bank IPO

Mishra Dhatu Nigam IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	302,360.90	197,565.00	5,268.88
Total Revenue	43,201.23	17,312.54	79.53
Profit After Tax	11,119.52	2,752.47	5.76

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bandhan Bank IPO retail investors (RII) are offered 4,17,48,173 shares while in Mishra Dhatu Nigam IPO retail investors are offered 4,17,48,173 shares. Qualified institutional buyers (QIB) are offered 2,38,56,099 shares in Bandhan Bank IPO and 2,34,17,500 shares in Mishra Dhatu Nigam IPO.

	Bandhan Bank IPO	Mishra Dhatu Nigam IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,38,56,099 shares	2,34,17,500 shares
NII	1,78,92,075 shares	70,25,250 shares
RII	4,17,48,173 shares	1,63,92,250 shares
Employee		18,73,400 shares
Others
Total	8,34,96,347 shares	4,87,08,400 shares

Bids Received (Subscription)

Bandhan Bank IPO subscribed 14.56x in total, whereas Mishra Dhatu Nigam IPO subscribed 1.21x.

	Bandhan Bank IPO	Mishra Dhatu Nigam IPO
QIB (times)	38.68x	1.96x
NII (times)	13.89x	0.13x
Big NII (times)
Small NII (times)
RII (times)	1.06x	0.72x
Employee (times)		0.26x
Other (times)
Total (times)	14.56x	1.21x

Compare with others

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Mishra Dhatu Nigam IPO	Fine Organic IPO
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Aster DM Healthcare IPO	Karda Construction IPO
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Amber Enterprises IPO	Bharat Dynamics IPO
Newgen Software IPO	Bandhan Bank IPO

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