Prince Pipes IPO vs Yes Bank FPO

Comparision between Prince Pipes IPO and Yes Bank FPO.

IPO Details

Prince Pipes IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Yes Bank FPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Prince Pipes IPO	Yes Bank FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Edelweiss Financial Services Ltd Jm Financial Limited	Axis Bank Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited Yes Bank 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 Prince Pipes IPO is up to ₹500.00 Cr whereas the issue size of the Yes Bank FPO is up to ₹15,000.00 Cr. The final issue price of Prince Pipes IPO is ₹178.00 per share and of Yes Bank FPO is ₹12.00 per share.

	Prince Pipes IPO	Yes Bank FPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹177.00 per share	₹12.00 per share
Issue Price (Upper)	₹178.00 per share	₹13.00 per share
Issue Price (Final)	₹178.00 per share	₹12.00 per share
Discount (Retail)
Discount (Employee)		₹1.00 per share
Market Lot Size	84 shares	1000 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹250.00 Cr	up to ₹15,000.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹250.00 Cr
Issue Size Total	2,82,48,586 shares
Issue Size Total (Amount)	up to ₹500.00 Cr	up to ₹15,000.00 Cr

IPO Timetable

Prince Pipes IPO opens on Dec 18, 2019, while Yes Bank FPO opens on Jul 15, 2020. The closing date of Prince Pipes IPO and Yes Bank FPO is Dec 20, 2019, and Jul 17, 2020, respectively.

	Prince Pipes IPO	Yes Bank FPO
Anchor Bid Date
Issue Open	Dec 18, 2019	Jul 15, 2020
Issue Close	Dec 20, 2019	Jul 17, 2020
Basis Of Allotment (Tentative)	Dec 26, 2019	Jul 22, 2020
Initiation of Refunds (Tentative)	Dec 27, 2019	Jul 23, 2020
Credit of Share (Tentative)	Dec 30, 2019	Jul 24, 2020
Listing date (Tentative)	Dec 30, 2019	Jul 27, 2020
Anchor Lockin End date 1	Jan 25, 2020	Aug 21, 2020
Anchor Lockin End date 2	Mar 25, 2020	Oct 20, 2020

Financials

Prince Pipes IPO P/E ratio is 18.35, as compared to Yes Bank FPO P/E ratio of .

Prince Pipes IPO

Yes Bank FPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Millions)
	Three months period ended on 30-June-2019	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	10,144.57	10,404.13	9,798.77	7,605.05	6,533.00
Total Revenue	3,801.92	15,789.95	13,265.71	13,324.95	10,816.18
Profit After Tax	266.69	833.51	727.66	741.82	295.35

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	2,578,321.64	3,808,596.10	3,124,496.54
Total Revenue	103,350.56	144,879.93	130,323.20
Profit After Tax	(164,325.80)	17,092.66	42,332.20

Promoter Shareholding (Pre-Issue)

90.06%

Promoter Shareholding (Post-Issue)

65.80%

P/E Ratio

18.35

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Prince Pipes IPO retail investors (RII) are offered 98,87,006 shares while in Yes Bank FPO retail investors are offered 98,87,006 shares. Qualified institutional buyers (QIB) are offered 56,49,718 shares in Prince Pipes IPO and 2,75,12,82,051 shares in Yes Bank FPO.

	Prince Pipes IPO	Yes Bank FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	56,49,718 shares	2,75,12,82,051 shares
NII	42,37,288 shares	1,85,00,00,000 shares
RII	98,87,006 shares	4,31,66,66,667 shares
Employee		18,18,18,181 shares
Others
Total	1,97,74,012 shares	9,09,97,66,899 shares

Bids Received (Subscription)

Prince Pipes IPO subscribed 2.21x in total, whereas Yes Bank FPO subscribed 0.93x.

	Prince Pipes IPO	Yes Bank FPO
QIB (times)	3.54x	1.90x
NII (times)	1.21x	0.63x
Big NII (times)
Small NII (times)
RII (times)	1.89x	0.47x
Employee (times)		0.32x
Other (times)
Total (times)	2.21x	0.93x

Compare with others

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

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