Spandana Sphoorty IPO vs Sterling and Wilson IPO

Comparision between Spandana Sphoorty IPO and Sterling and Wilson IPO.

IPO Details

Spandana Sphoorty IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sterling and Wilson IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Spandana Sphoorty IPO	Sterling and Wilson 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 ICICI Securities Limited Iifl Securities Ltd Indusind Bank Limited Jm Financial Limited Yes Securities (India) Limited	Axis Capital Limited Credit Suisse Securities (India) Private Limited Deutsche Equities India Private Limited ICICI Securities Limited Iifl Securities Ltd Indusind Bank Limited SBI Capital Markets Limited Yes Securities (India) Limited
Registrar	Kfin Technologies Limited	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 Spandana Sphoorty IPO is up to ₹1,202.34 Cr whereas the issue size of the Sterling and Wilson IPO is up to ₹3,145.16 Cr. The final issue price of Spandana Sphoorty IPO is ₹856.00 per share and of Sterling and Wilson IPO is ₹780.00 per share.

	Spandana Sphoorty IPO	Sterling and Wilson IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹853.00 per share	₹775.00 per share
Issue Price (Upper)	₹856.00 per share	₹780.00 per share
Issue Price (Final)	₹856.00 per share	₹780.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	17 shares	19 shares
Fresh Issue Size	46,89,331 shares
Fresh Issue Size (Amount)	up to ₹400.00 Cr
OFS Issue Size	93,56,725 shares
OFS Issue Size (Amount)		up to ₹3,125.00 Cr
Issue Size Total	1,40,46,056 shares	4,03,22,580 shares
Issue Size Total (Amount)	up to ₹1,202.34 Cr	up to ₹3,145.16 Cr

IPO Timetable

Spandana Sphoorty IPO opens on Aug 05, 2019, while Sterling and Wilson IPO opens on Aug 06, 2019. The closing date of Spandana Sphoorty IPO and Sterling and Wilson IPO is Aug 07, 2019, and Aug 08, 2019, respectively.

	Spandana Sphoorty IPO	Sterling and Wilson IPO
Anchor Bid Date
Issue Open	Aug 05, 2019	Aug 06, 2019
Issue Close	Aug 07, 2019	Aug 08, 2019
Basis Of Allotment (Tentative)	Aug 14, 2019	Aug 14, 2019
Initiation of Refunds (Tentative)	Aug 14, 2019	Aug 16, 2019
Credit of Share (Tentative)	Aug 16, 2019	Aug 19, 2019
Listing date (Tentative)	Aug 19, 2019	Aug 20, 2019
Anchor Lockin End date 1	Sep 13, 2019	Sep 13, 2019
Anchor Lockin End date 2	Nov 12, 2019	Nov 12, 2019

Financials

Spandana Sphoorty IPO P/E ratio is , as compared to Sterling and Wilson IPO P/E ratio of .

Spandana Sphoorty IPO

Sterling and Wilson IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	48,980.37	37,642.47	19,286.22	20,998.95	23,524.69
Total Revenue	10,362.81	5,872.74	3,770.64	3,438.62	3,019.71
Profit After Tax	3,087.48	1,879.71	4,434.14	2,432.35	1,050.99

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Dec-17
Total Assets	53,919.19	49,203.81	35,701.70
Total Revenue	82,404.08	68,717.08	32,324.81
Profit After Tax	6,382.33	4,505.35	1,733.62

Promoter Shareholding (Pre-Issue)

81.21%

100%

Promoter Shareholding (Post-Issue)

62.6%

75%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Spandana Sphoorty IPO retail investors (RII) are offered 49,16,120 shares while in Sterling and Wilson IPO retail investors are offered 49,16,120 shares. Qualified institutional buyers (QIB) are offered 70,23,027 shares in Spandana Sphoorty IPO and 3,02,41,935 shares in Sterling and Wilson IPO.

	Spandana Sphoorty IPO	Sterling and Wilson IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	70,23,027 shares	3,02,41,935 shares
NII	21,06,909 shares	60,48,387 shares
RII	49,16,120 shares	40,32,258 shares
Employee
Others
Total	1,40,46,056 shares	4,03,22,580 shares

Bids Received (Subscription)

Spandana Sphoorty IPO subscribed 1.05x in total, whereas Sterling and Wilson IPO subscribed 0.85x.

	Spandana Sphoorty IPO	Sterling and Wilson IPO
QIB (times)	3.11x	1.02x
NII (times)	0.55x	0.89x
Big NII (times)
Small NII (times)
RII (times)	0.09x	0.30x
Employee (times)
Other (times)
Total (times)	1.05x	0.85x

Compare with others

Spandana Sphoorty IPO	Sterling and Wilson IPO
Ujjivan Bank IPO	SBI Cards IPO
CSB Bank IPO	Ujjivan Bank IPO
IRCTC IPO	CSB Bank IPO
Vishwaraj IPO	IRCTC IPO
Sterling and Wilson IPO	Vishwaraj IPO
Affle IPO	Spandana Sphoorty IPO
IndiaMart IPO	Affle IPO
Neogen Chemicals IPO	IndiaMart IPO
Rail Vikas IPO	Neogen Chemicals IPO
Polycab IPO	Rail Vikas IPO

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