CSB Bank IPO vs Prince Pipes IPO

Comparision between CSB Bank IPO and Prince Pipes IPO.

IPO Details

CSB Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Prince Pipes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	CSB Bank IPO	Prince Pipes 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	Edelweiss Financial Services Ltd Jm Financial Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private 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 CSB Bank IPO is up to ₹409.68 Cr whereas the issue size of the Prince Pipes IPO is up to ₹500.00 Cr. The final issue price of CSB Bank IPO is ₹195.00 per share and of Prince Pipes IPO is ₹178.00 per share.

	CSB Bank IPO	Prince Pipes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹193.00 per share	₹177.00 per share
Issue Price (Upper)	₹195.00 per share	₹178.00 per share
Issue Price (Final)	₹195.00 per share	₹178.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	84 shares
Fresh Issue Size	12,43,523 shares
Fresh Issue Size (Amount)	up to ₹24.00 Cr	up to ₹250.00 Cr
OFS Issue Size	1,97,78,298 shares
OFS Issue Size (Amount)	up to ₹385.68 Cr	up to ₹250.00 Cr
Issue Size Total	2,10,21,821 shares	2,82,48,586 shares
Issue Size Total (Amount)	up to ₹409.68 Cr	up to ₹500.00 Cr

IPO Timetable

CSB Bank IPO opens on Nov 22, 2019, while Prince Pipes IPO opens on Dec 18, 2019. The closing date of CSB Bank IPO and Prince Pipes IPO is Nov 26, 2019, and Dec 20, 2019, respectively.

	CSB Bank IPO	Prince Pipes IPO
Anchor Bid Date
Issue Open	Nov 22, 2019	Dec 18, 2019
Issue Close	Nov 26, 2019	Dec 20, 2019
Basis Of Allotment (Tentative)	Dec 02, 2019	Dec 26, 2019
Initiation of Refunds (Tentative)	Dec 03, 2019	Dec 27, 2019
Credit of Share (Tentative)	Dec 03, 2019	Dec 30, 2019
Listing date (Tentative)	Dec 04, 2019	Dec 30, 2019
Anchor Lockin End date 1	Jan 01, 2020	Jan 25, 2020
Anchor Lockin End date 2	Mar 01, 2020	Mar 25, 2020

Financials

CSB Bank IPO P/E ratio is , as compared to Prince Pipes IPO P/E ratio of 18.35.

CSB Bank IPO

Prince Pipes 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 Millions)
	Three months period ended on 30-June-2019	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	10,144.57	10,404.13	9,798.77	7,605.05	6,533.00
Total Revenue	3,801.92	15,789.95	13,265.71	13,324.95	10,816.18
Profit After Tax	266.69	833.51	727.66	741.82	295.35

Promoter Shareholding (Pre-Issue)

50.09%

90.06%

Promoter Shareholding (Post-Issue)

49.7%

65.80%

P/E Ratio

18.35

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 Prince Pipes IPO retail investors are offered 21,00,906 shares. Qualified institutional buyers (QIB) are offered 63,02,721 shares in CSB Bank IPO and 56,49,718 shares in Prince Pipes IPO.

	CSB Bank IPO	Prince Pipes IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	63,02,721 shares	56,49,718 shares
NII	31,51,360 shares	42,37,288 shares
RII	21,00,906 shares	98,87,006 shares
Employee
Others
Total	1,15,54,987 shares	1,97,74,012 shares

Bids Received (Subscription)

CSB Bank IPO subscribed 86.91x in total, whereas Prince Pipes IPO subscribed 2.21x.

	CSB Bank IPO	Prince Pipes IPO
QIB (times)	62.18x	3.54x
NII (times)	164.68x	1.21x
Big NII (times)
Small NII (times)
RII (times)	44.46x	1.89x
Employee (times)
Other (times)
Total (times)	86.91x	2.21x

Compare with others

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

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