Comparison between Advanta India IPO and Fortis Healthcare IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fortis Healthcare 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 Fortis Healthcare IPO is up to ₹494.14 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of Fortis Healthcare IPO is ₹108.00 per share.
| Advanta India IPO | Fortis Healthcare IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹92.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 60 shares |
| Fresh Issue Size | 33,80,000 shares | 4,57,53,963 shares |
| Fresh Issue Size (Amount) | up to ₹216.32 Cr | up to ₹494.14 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 | 33,80,000 shares | 4,57,53,963 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹494.14 Cr |
Advanta India IPO opens on Mar 26, 2007, while Fortis Healthcare IPO opens on Apr 16, 2007. The closing date of Advanta India IPO and Fortis Healthcare IPO is Mar 30, 2007, and Apr 20, 2007, respectively.
| Advanta India IPO | Fortis Healthcare IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | Apr 16, 2007 |
| Issue Close | Mar 30, 2007 | Apr 20, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | May 09, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to Fortis Healthcare IPO P/E ratio of .
| Advanta India IPO | Fortis Healthcare IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 93.37 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 74.45 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹2448.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | -34 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in Fortis Healthcare IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 2,74,52,378 shares in Fortis Healthcare IPO.
| Advanta India IPO | Fortis Healthcare IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 2,74,52,378 shares |
| NII | 3,38,000 shares | 45,75,396 shares |
| RII | 10,14,000 shares | 1,37,26,189 shares |
| Employee | ||
| Others | ||
| Total | 33,80,000 shares | 4,57,53,963 shares |
Advanta India IPO subscribed 3.98x in total, whereas Fortis Healthcare IPO subscribed 2.78x.
| Advanta India IPO | Fortis Healthcare IPO | |
|---|---|---|
| QIB (times) | 6.47x | 2.72x |
| NII (times) | 0.20x | 1.74x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 3.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.98x | 2.78x |
