SBFC Finance IPO vs Senco Gold IPO

Comparision between SBFC Finance IPO and Senco Gold IPO.

IPO Details

SBFC Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Senco Gold IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	SBFC Finance IPO	Senco Gold 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	ICICI Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited	Iifl Securities Ltd Ambit Private Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of SBFC Finance IPO is up to ₹1,025.00 Cr whereas the issue size of the Senco Gold IPO is up to ₹405.00 Cr. The final issue price of SBFC Finance IPO is ₹57.00 per share and of Senco Gold IPO is ₹317.00 per share.

	SBFC Finance IPO	Senco Gold IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹54.00 per share	₹301.00 per share
Issue Price (Upper)	₹57.00 per share	₹317.00 per share
Issue Price (Final)	₹57.00 per share	₹317.00 per share
Discount (Retail)
Discount (Employee)	₹2.00 per share
Market Lot Size	260 shares	47 shares
Fresh Issue Size		85,17,350 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹270.00 Cr
OFS Issue Size		42,58,675 shares
OFS Issue Size (Amount)	up to ₹425.00 Cr	up to ₹135.00 Cr
Issue Size Total		1,27,76,025 shares
Issue Size Total (Amount)	up to ₹1,025.00 Cr	up to ₹405.00 Cr

IPO Timetable

SBFC Finance IPO opens on Aug 03, 2023, while Senco Gold IPO opens on Jul 04, 2023. The closing date of SBFC Finance IPO and Senco Gold IPO is Aug 07, 2023, and Jul 06, 2023, respectively.

	SBFC Finance IPO	Senco Gold IPO
Anchor Bid Date	Aug 02, 2023	Jul 03, 2023
Issue Open	Aug 03, 2023	Jul 04, 2023
Issue Close	Aug 07, 2023	Jul 06, 2023
Basis Of Allotment (Tentative)	Aug 10, 2023	Jul 11, 2023
Initiation of Refunds (Tentative)	Aug 11, 2023	Jul 12, 2023
Credit of Share (Tentative)	Aug 14, 2023	Jul 13, 2023
Listing date (Tentative)	Aug 16, 2023	Jul 14, 2023
Anchor Lockin End date 1	Sep 09, 2023	Aug 10, 2023
Anchor Lockin End date 2	Nov 08, 2023	Oct 09, 2023

Financials

SBFC Finance IPO P/E ratio is 40.42, as compared to Senco Gold IPO P/E ratio of 15.53.

SBFC Finance IPO

Senco Gold IPO

Financial

SBFC Finance IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	4,207.99	4,231.19	4,515.03	5,746.44
Revenue	444.85	511.53	530.70	740.36
Profit After Tax	35.50	85.01	64.52	149.74
Net Worth	752.09	944.72	1,026.78	1,466.88
Reserves and Surplus
Total Borrowing	3,056.38	2,772.55	2,948.82	3,745.83

Amount in ₹ Crore

Senco Gold Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	1,559.30	2,674.92	61.48	602.51	536.53	532.44
31-Mar-22	2,100.19	3,547.41	129.10	725.77	659.46	862.97
31-Mar-23	2,905.32	4,108.54	158.48	944.97	876.27	1,177.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

78.83%

76.92%

Promoter Shareholding (Post-Issue)

64.03%

68.48%

P/E Ratio

40.42

15.53

Market Cap

₹6065.78 Cr.

₹2462.00 Cr.

ROE

9.93%%

18.9%%

ROCE

14.2%%

Debt/Equity

2.2

1.25

EPS

₹1.25

₹22.93

RoNW

7.97%%

18.96%%

Shares Offered

In the SBFC Finance IPO retail investors (RII) are offered 6,23,09,210 shares while in Senco Gold IPO retail investors are offered 6,23,09,210 shares. Qualified institutional buyers (QIB) are offered 3,56,05,261 shares in SBFC Finance IPO and 25,55,203 shares in Senco Gold IPO.

	SBFC Finance IPO	Senco Gold IPO
Anchor Investor Reserveration	5,34,07,893 shares	38,32,807 shares
Market Maker Reserveration
QIB	3,56,05,261 shares	25,55,203 shares
NII	2,67,03,948 shares	19,16,404 shares
RII	6,23,09,210 shares	44,71,609 shares
Employee	18,63,636 shares	0 shares
Others
Total	12,64,82,055 shares	89,43,216 shares

Bids Received (Subscription)

SBFC Finance IPO subscribed 74.06x in total, whereas Senco Gold IPO subscribed 77.25x.

	SBFC Finance IPO	Senco Gold IPO
QIB (times)	203.61x	190.56x
NII (times)	51.82x	68.44x
Big NII (times)	56.69x	72.05x
Small NII (times)	42.07x	61.23x
RII (times)	11.60x	16.28x
Employee (times)	6.21x
Other (times)
Total (times)	74.06x	77.25x

Compare with others

SBFC Finance IPO	Senco Gold IPO
Aeroflex Industries IPO	Concord Biotech IPO
Pyramid Technoplast IPO	SBFC Finance IPO
India Shelter Finance IPO	Yatharth Hospital IPO
TVS Supply Chain Solutions IPO	Netweb Technologies India IPO
Concord Biotech IPO	Utkarsh Small Finance Bank IPO
Yatharth Hospital IPO	Cyient DLM IPO
Netweb Technologies India IPO	ideaForge Technology IPO
Utkarsh Small Finance Bank IPO	HMA Agro Industries IPO
Senco Gold IPO	IKIO Lighting IPO
Cyient DLM IPO	Tata Technologies IPO

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