Comparison between Advanta India IPO and Binani Cement IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Binani Cement IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Advanta India IPO is up to ₹216.32 Cr whereas the issue size of the Binani Cement IPO is up to ₹153.75 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of Binani Cement IPO is ₹75.00 per share.
| Advanta India IPO | Binani Cement IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹85.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 80 shares |
| Fresh Issue Size | 33,80,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹216.32 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 2,05,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹153.75 Cr |
| Issue Size Total | 33,80,000 shares | 2,05,00,000 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹153.75 Cr |
Advanta India IPO opens on Mar 26, 2007, while Binani Cement IPO opens on May 07, 2007. The closing date of Advanta India IPO and Binani Cement IPO is Mar 30, 2007, and May 10, 2007, respectively.
| Advanta India IPO | Binani Cement IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | May 07, 2007 |
| Issue Close | Mar 30, 2007 | May 10, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | May 28, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to Binani Cement IPO P/E ratio of .
| Advanta India IPO | Binani Cement IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 64.91 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 64.91 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹1523.26 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | 21.57 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in Binani Cement IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 1,23,00,000 shares in Binani Cement IPO.
| Advanta India IPO | Binani Cement IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 1,23,00,000 shares |
| NII | 3,38,000 shares | 20,50,000 shares |
| RII | 10,14,000 shares | 61,50,000 shares |
| Employee | ||
| Others | ||
| Total | 33,80,000 shares | 2,05,00,000 shares |
Advanta India IPO subscribed 3.98x in total, whereas Binani Cement IPO subscribed 1.36x.
| Advanta India IPO | Binani Cement IPO | |
|---|---|---|
| QIB (times) | 6.47x | 1.33x |
| NII (times) | 0.20x | 0.78x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 1.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.98x | 1.36x |
