Equitas Small Finance Bank IPO vs UTI AMC IPO

Comparision between Equitas Small Finance Bank IPO and UTI AMC IPO.

IPO Details

Equitas Small Finance Bank IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while UTI AMC IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Equitas Small Finance Bank IPO	UTI AMC 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	Edelweiss Financial Services Ltd Iifl Securities Ltd Jm Financial Limited	Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited ICICI Securities Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Equitas Small Finance Bank IPO is up to ₹517.60 Cr whereas the issue size of the UTI AMC IPO is up to ₹2,159.88 Cr. The final issue price of Equitas Small Finance Bank IPO is ₹33.00 per share and of UTI AMC IPO is ₹554.00 per share.

	Equitas Small Finance Bank IPO	UTI AMC IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹32.00 per share	₹552.00 per share
Issue Price (Upper)	₹33.00 per share	₹554.00 per share
Issue Price (Final)	₹33.00 per share	₹554.00 per share
Discount (Retail)	₹0.00 per share
Discount (Employee)	₹0.00 per share
Market Lot Size	450 shares	27 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹280.00 Cr
OFS Issue Size	7,20,00,000 shares
OFS Issue Size (Amount)	up to ₹237.60 Cr
Issue Size Total		3,89,87,081 shares
Issue Size Total (Amount)	up to ₹517.60 Cr	up to ₹2,159.88 Cr

IPO Timetable

Equitas Small Finance Bank IPO opens on Oct 20, 2020, while UTI AMC IPO opens on Sep 29, 2020. The closing date of Equitas Small Finance Bank IPO and UTI AMC IPO is Oct 22, 2020, and Oct 01, 2020, respectively.

	Equitas Small Finance Bank IPO	UTI AMC IPO
Anchor Bid Date
Issue Open	Oct 20, 2020	Sep 29, 2020
Issue Close	Oct 22, 2020	Oct 01, 2020
Basis Of Allotment (Tentative)	Oct 27, 2020	Oct 07, 2020
Initiation of Refunds (Tentative)	Oct 28, 2020	Oct 08, 2020
Credit of Share (Tentative)	Oct 29, 2020	Oct 09, 2020
Listing date (Tentative)	Nov 02, 2020	Oct 12, 2020
Anchor Lockin End date 1	Nov 26, 2020	Nov 06, 2020
Anchor Lockin End date 2	Jan 25, 2021	Jan 05, 2021

Financials

Equitas Small Finance Bank IPO P/E ratio is , as compared to UTI AMC IPO P/E ratio of .

Equitas Small Finance Bank IPO

UTI AMC IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Jun-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	208,921.39	193,145.47	157,626.91	133,011.50
Total Revenue	7,509.68	29,277.95	23,948.32	17,729.03
Profit After Tax	576.71	2,436.35	2,105.66	318.31

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	32,634.28	31,549.18	30,132.63	29,192.52
Total Revenue	2,710.68	8,909.61	10,808.94	11,627.47
Profit After Tax	1,010.75	2,764.85	3,479.27	4,050.91

Promoter Shareholding (Pre-Issue)

98.96%

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Equitas Small Finance Bank IPO retail investors (RII) are offered 5,01,37,500 shares while in UTI AMC IPO retail investors are offered 5,01,37,500 shares. Qualified institutional buyers (QIB) are offered 2,79,75,001 shares in Equitas Small Finance Bank IPO and in UTI AMC IPO.

	Equitas Small Finance Bank IPO	UTI AMC IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,79,75,001 shares
NII	2,14,87,500 shares
RII	5,01,37,500 shares
Employee	3,12,500 shares	2,00,000 shares
Others
Total	11,58,50,001 shares	3,87,87,081 shares

Bids Received (Subscription)

Equitas Small Finance Bank IPO subscribed 1.95x in total, whereas UTI AMC IPO subscribed 2.31x.

	Equitas Small Finance Bank IPO	UTI AMC IPO
QIB (times)	3.91x	3.34x
NII (times)	0.22x	0.93x
Big NII (times)
Small NII (times)
RII (times)	2.08x	2.32x
Employee (times)	1.84x	1.34x
Other (times)	0.42x
Total (times)	1.95x	2.31x

Compare with others

Equitas Small Finance Bank IPO	UTI AMC IPO
CAMS IPO	Chemcon IPO
UTI AMC IPO	Route Mobile IPO
Mindspace REIT	Angel One IPO
Yes Bank FPO	Happiest Minds IPO
Rossari Biotech IPO	CAMS IPO
Prince Pipes IPO	Mindspace REIT
SBI Cards IPO	Yes Bank FPO
Ujjivan Bank IPO	Rossari Biotech IPO
CSB Bank IPO	Equitas Small Finance Bank IPO
IRCTC IPO	Prince Pipes IPO

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