CSB Bank IPO vs Ujjivan Bank IPO

Comparision between CSB Bank IPO and Ujjivan Bank IPO.

IPO Details

CSB Bank 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.

	CSB Bank 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 Iifl Securities Ltd	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 CSB Bank IPO is up to ₹409.68 Cr whereas the issue size of the Ujjivan Bank IPO is up to ₹750.00 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of Ujjivan Bank IPO is ₹37.00 per share.

	CSB Bank IPO	Ujjivan Bank IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹193.00 per share	₹36.00 per share
Issue Price (Upper)	₹195.00 per share	₹37.00 per share
Issue Price (Final)	₹195.00 per share	₹37.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	400 shares
Fresh Issue Size	12,43,523 shares
Fresh Issue Size (Amount)	up to ₹24.00 Cr
OFS Issue Size	1,97,78,298 shares
OFS Issue Size (Amount)	up to ₹385.68 Cr
Issue Size Total	2,10,21,821 shares	20,83,33,333 shares
Issue Size Total (Amount)	up to ₹409.68 Cr	up to ₹750.00 Cr

IPO Timetable

CSB Bank IPO opens on Nov 22, 2019, while Ujjivan Bank IPO opens on Dec 02, 2019. The closing date of CSB Bank IPO and Ujjivan Bank IPO is Nov 26, 2019, and Dec 04, 2019, respectively.

	CSB Bank IPO	Ujjivan Bank IPO
Anchor Bid Date
Issue Open	Nov 22, 2019	Dec 02, 2019
Issue Close	Nov 26, 2019	Dec 04, 2019
Basis Of Allotment (Tentative)	Dec 02, 2019	Dec 09, 2019
Initiation of Refunds (Tentative)	Dec 03, 2019	Dec 10, 2019
Credit of Share (Tentative)	Dec 03, 2019	Dec 11, 2019
Listing date (Tentative)	Dec 04, 2019	Dec 12, 2019
Anchor Lockin End date 1	Jan 01, 2020	Jan 08, 2020
Anchor Lockin End date 2	Mar 01, 2020	Mar 08, 2020

Financials

CSB Bank IPO P/E ratio is , as compared to Ujjivan Bank IPO P/E ratio of .

CSB Bank IPO

Ujjivan Bank IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Sep-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	1,73,232.58	1,64,534.60	1,53,346.62	1,57,700.26
Total Revenue	8,167.14	14,834.33	14,222.26	16,174.96
Profit After Tax	442.72	(656.89)	(1,270.88)	(579.91)

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)

50.09%

94.40%

Promoter Shareholding (Post-Issue)

49.7%

83.32%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the CSB Bank IPO retail investors (RII) are offered 21,00,906 shares while in Ujjivan Bank IPO retail investors are offered 21,00,906 shares. Qualified institutional buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 5,62,50,000 shares in Ujjivan Bank IPO.

	CSB Bank IPO	Ujjivan Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	63,02,721 shares	5,62,50,000 shares
NII	31,51,360 shares	2,81,25,000 shares
RII	21,00,906 shares	1,87,50,000 shares
Employee		0 shares
Others
Total	1,15,54,987 shares	12,39,58,333 shares

Bids Received (Subscription)

CSB Bank IPO subscribed 86.91x in total, whereas Ujjivan Bank IPO subscribed 165.66x.

	CSB Bank IPO	Ujjivan Bank IPO
QIB (times)	62.18x	110.72x
NII (times)	164.68x	473.00x
Big NII (times)
Small NII (times)
RII (times)	44.46x	48.97x
Employee (times)
Other (times)		4.13x
Total (times)	86.91x	165.66x

Compare with others

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

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