Comparison between Action Construction Equipment IPO and HOV Services IPO.
Action Construction Equipment IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while HOV Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Action Construction Equipment IPO is up to ₹59.80 Cr whereas the issue size of the HOV Services IPO is up to ₹81.00 Cr. The final issue price of Action Construction Equipment IPO is ₹130.00 per share and of HOV Services IPO is ₹200.00 per share.
| Action Construction Equipment IPO | HOV Services IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹110.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹130.00 per share | ₹240.00 per share |
| Issue Price (Final) | ₹130.00 per share | ₹200.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 20 shares | 25 shares |
| Fresh Issue Size | 46,00,000 shares | 40,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹59.80 Cr | up to ₹81.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 46,00,000 shares | 40,50,000 shares |
| Issue Size Total (Amount) | up to ₹59.80 Cr | up to ₹81.00 Cr |
Action Construction Equipment IPO opens on Sep 01, 2006, while HOV Services IPO opens on Sep 04, 2006. The closing date of Action Construction Equipment IPO and HOV Services IPO is Sep 07, 2006, and Sep 07, 2006, respectively.
| Action Construction Equipment IPO | HOV Services IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 01, 2006 | Sep 04, 2006 |
| Issue Close | Sep 07, 2006 | Sep 07, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 26, 2006 | Sep 27, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Action Construction Equipment IPO P/E ratio is 1.41, as compared to HOV Services IPO P/E ratio of .
| Action Construction Equipment IPO | HOV Services IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 87.56 | 81.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.16 | 55.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 1.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹233.70 Cr. | ₹251.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹92.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.25 | 23.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Action Construction Equipment IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in HOV Services IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Action Construction Equipment IPO and 20,25,000 shares in HOV Services IPO.
| Action Construction Equipment IPO | HOV Services IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 20,25,000 shares |
| NII | 6,75,000 shares | 6,07,500 shares |
| RII | 15,75,000 shares | 14,17,500 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 46,00,000 shares | 40,50,000 shares |
Action Construction Equipment IPO subscribed in total, whereas HOV Services IPO subscribed .