Lodha Developers IPO vs Suryoday Small Finance Bank IPO

Comparision between Lodha Developers IPO and Suryoday Small Finance Bank IPO.

IPO Details

Lodha Developers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suryoday Small Finance Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Lodha Developers IPO	Suryoday Small Finance 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 Bob Capital Markets Limited Edelweiss Financial Services Ltd ICICI Securities Limited Iifl Securities Ltd J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited Yes Securities (India) Limited	Axis Capital Limited ICICI Securities Limited Iifl Securities Ltd SBI Capital Markets 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 Lodha Developers IPO is up to ₹2,500.00 Cr whereas the issue size of the Suryoday Small Finance Bank IPO is up to ₹582.34 Cr. The final issue price of Lodha Developers IPO is ₹486.00 per share and of Suryoday Small Finance Bank IPO is ₹305.00 per share.

	Lodha Developers IPO	Suryoday Small Finance Bank IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹483.00 per share	₹303.00 per share
Issue Price (Upper)	₹486.00 per share	₹305.00 per share
Issue Price (Final)	₹486.00 per share	₹305.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	49 shares
Fresh Issue Size		81,50,000 shares
Fresh Issue Size (Amount)		up to ₹248.58 Cr
OFS Issue Size		1,09,43,070 shares
OFS Issue Size (Amount)		up to ₹333.76 Cr
Issue Size Total	5,14,40,328 shares	1,90,93,070 shares
Issue Size Total (Amount)	up to ₹2,500.00 Cr	up to ₹582.34 Cr

IPO Timetable

Lodha Developers IPO opens on Apr 07, 2021, while Suryoday Small Finance Bank IPO opens on Mar 17, 2021. The closing date of Lodha Developers IPO and Suryoday Small Finance Bank IPO is Apr 09, 2021, and Mar 19, 2021, respectively.

	Lodha Developers IPO	Suryoday Small Finance Bank IPO
Anchor Bid Date
Issue Open	Apr 07, 2021	Mar 17, 2021
Issue Close	Apr 09, 2021	Mar 19, 2021
Basis Of Allotment (Tentative)	Apr 16, 2021	Mar 24, 2021
Initiation of Refunds (Tentative)	Apr 19, 2021	Mar 24, 2021
Credit of Share (Tentative)	Apr 20, 2021	Mar 25, 2021
Listing date (Tentative)	Apr 19, 2021	Mar 26, 2021
Anchor Lockin End date 1	May 16, 2021	Apr 23, 2021
Anchor Lockin End date 2	Jul 15, 2021	Jun 22, 2021

Financials

Lodha Developers IPO P/E ratio is , as compared to Suryoday Small Finance Bank IPO P/E ratio of .

Lodha Developers IPO

Suryoday Small Finance Bank IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,05,946.16	4,06,925.56	4,98,639.40	4,78,112.76
Total Revenue	31,604.85	1,25,609.85	1,19,788.67	1,37,265.69
Profit After Tax	(2,643.02)	7,448.36	16,439.77	17,893.90

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in millions)
	31-Dec-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	63,504.09	53,645.22	37,612.03	21,559.64
Total Revenue	6,892.73	8,541.38	5,970.29	3,249.26
Profit After Tax	548.66	1,111.98	903.98	114.92

Promoter Shareholding (Pre-Issue)

100%

30.35%

Promoter Shareholding (Post-Issue)

28.02%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Lodha Developers IPO retail investors (RII) are offered 1,78,98,551 shares while in Suryoday Small Finance Bank IPO retail investors are offered 1,78,98,551 shares. Qualified institutional buyers (QIB) are offered 1,02,27,742 shares in Lodha Developers IPO and 37,18,614 shares in Suryoday Small Finance Bank IPO.

	Lodha Developers IPO	Suryoday Small Finance Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,02,27,742 shares	37,18,614 shares
NII	76,70,808 shares	27,88,961 shares
RII	1,78,98,551 shares	65,07,575 shares
Employee	6,21,118 shares	5,00,000 shares
Others
Total	3,64,18,219 shares	1,35,15,150 shares

Bids Received (Subscription)

Lodha Developers IPO subscribed 1.36x in total, whereas Suryoday Small Finance Bank IPO subscribed 2.37x.

	Lodha Developers IPO	Suryoday Small Finance Bank IPO
QIB (times)	3.05x	2.18x
NII (times)	1.44x	1.31x
Big NII (times)
Small NII (times)
RII (times)	0.40x	3.09x
Employee (times)	0.17x	0.34x
Other (times)
Total (times)	1.36x	2.37x

Compare with others

Lodha Developers IPO	Suryoday Small Finance Bank IPO
KIMS IPO	Sona Comstar IPO
Dodla Dairy IPO	POWERGRID InvIT IPO April 2021
Sona Comstar IPO	Shyam Metalics IPO
POWERGRID InvIT IPO April 2021	Lodha Developers IPO
Shyam Metalics IPO	Barbeque Nation IPO
Barbeque Nation IPO	Kalyan Jewellers IPO
Suryoday Small Finance Bank IPO	Anupam Rasayan IPO
Kalyan Jewellers IPO	Laxmi Organic IPO
Anupam Rasayan IPO	Craftsman Automation IPO
Laxmi Organic IPO	Nazara Technologies IPO

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