SBFC Finance IPO vs TVS Supply Chain Solutions IPO

Comparision between SBFC Finance IPO and TVS Supply Chain Solutions IPO.

IPO Details

SBFC Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while TVS Supply Chain Solutions IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	SBFC Finance IPO	TVS Supply Chain Solutions 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	Jm Financial Limited Axis Capital Limited J.P. Morgan India Private Limited Bnp Paribas Equirus Capital Private Limited Nuvama Wealth Management Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 TVS Supply Chain Solutions IPO is up to ₹880.00 Cr. The final issue price of SBFC Finance IPO is ₹57.00 per share and of TVS Supply Chain Solutions IPO is ₹197.00 per share.

	SBFC Finance IPO	TVS Supply Chain Solutions IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹54.00 per share	₹187.00 per share
Issue Price (Upper)	₹57.00 per share	₹197.00 per share
Issue Price (Final)	₹57.00 per share	₹197.00 per share
Discount (Retail)
Discount (Employee)	₹2.00 per share
Market Lot Size	260 shares	76 shares
Fresh Issue Size		3,04,56,853 shares
Fresh Issue Size (Amount)	up to ₹600.00 Cr	up to ₹600.00 Cr
OFS Issue Size		1,42,13,198 shares
OFS Issue Size (Amount)	up to ₹425.00 Cr	up to ₹280.00 Cr
Issue Size Total		4,46,70,051 shares
Issue Size Total (Amount)	up to ₹1,025.00 Cr	up to ₹880.00 Cr

IPO Timetable

SBFC Finance IPO opens on Aug 03, 2023, while TVS Supply Chain Solutions IPO opens on Aug 10, 2023. The closing date of SBFC Finance IPO and TVS Supply Chain Solutions IPO is Aug 07, 2023, and Aug 14, 2023, respectively.

	SBFC Finance IPO	TVS Supply Chain Solutions IPO
Anchor Bid Date	Aug 02, 2023	Aug 09, 2023
Issue Open	Aug 03, 2023	Aug 10, 2023
Issue Close	Aug 07, 2023	Aug 14, 2023
Basis Of Allotment (Tentative)	Aug 10, 2023	Aug 18, 2023
Initiation of Refunds (Tentative)	Aug 11, 2023	Aug 21, 2023
Credit of Share (Tentative)	Aug 14, 2023	Aug 22, 2023
Listing date (Tentative)	Aug 16, 2023	Aug 23, 2023
Anchor Lockin End date 1	Sep 09, 2023	Sep 17, 2023
Anchor Lockin End date 2	Nov 08, 2023	Nov 16, 2023

Financials

SBFC Finance IPO P/E ratio is 40.42, as compared to TVS Supply Chain Solutions IPO P/E ratio of 189.42.

SBFC Finance IPO

TVS Supply Chain Solutions 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

TVS Supply Chain Solutions IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	5,462.92	4,990.06	5,789.73	6,210.92
Revenue	6,792.76	6,999.69	9,299.94	10,311.01
Profit After Tax	-248.00	-76.34	-45.80	41.76
Net Worth	510.80	490.69	714.00	723.55
Reserves and Surplus	493.35	473.94	713.76	774.19
Total Borrowing	2,160.12	1,547.92	1,763.78	1,989.62

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

78.83%

46.65%

Promoter Shareholding (Post-Issue)

64.03%

41.6%

P/E Ratio

40.42

189.42

Market Cap

₹6065.78 Cr.

₹8746.00 Cr.

ROE

9.93%%

5.50%%

ROCE

7.64%%

Debt/Equity

2.2

EPS

₹1.25

₹1.04

RoNW

7.97%%

5.50%%

Shares Offered

In the SBFC Finance IPO retail investors (RII) are offered 6,23,09,210 shares while in TVS Supply Chain Solutions 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 1,34,01,016 shares in TVS Supply Chain Solutions IPO.

	SBFC Finance IPO	TVS Supply Chain Solutions IPO
Anchor Investor Reserveration	5,34,07,893 shares	2,01,01,522 shares
Market Maker Reserveration
QIB	3,56,05,261 shares	1,34,01,016 shares
NII	2,67,03,948 shares	67,00,507 shares
RII	6,23,09,210 shares	44,67,005 shares
Employee	18,63,636 shares	0 shares
Others
Total	12,64,82,055 shares	2,45,68,529 shares

Bids Received (Subscription)

SBFC Finance IPO subscribed 74.06x in total, whereas TVS Supply Chain Solutions IPO subscribed 2.85x.

	SBFC Finance IPO	TVS Supply Chain Solutions IPO
QIB (times)	203.61x	1.37x
NII (times)	51.82x	2.44x
Big NII (times)	56.69x	2.39x
Small NII (times)	42.07x	2.55x
RII (times)	11.60x	7.89x
Employee (times)	6.21x
Other (times)
Total (times)	74.06x	2.85x

Compare with others

SBFC Finance IPO	TVS Supply Chain Solutions IPO
Aeroflex Industries IPO	Ratnaveer Precision Engineering IPO
Pyramid Technoplast IPO	Vishnu Prakash R Punglia IPO
India Shelter Finance IPO	Aeroflex Industries IPO
TVS Supply Chain Solutions IPO	Pyramid Technoplast IPO
Concord Biotech IPO	India Shelter Finance IPO
Yatharth Hospital IPO	Concord Biotech IPO
Netweb Technologies India IPO	SBFC Finance IPO
Utkarsh Small Finance Bank IPO	Yatharth Hospital IPO
Senco Gold IPO	Netweb Technologies India IPO
Cyient DLM IPO	Utkarsh Small Finance Bank IPO

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