Comparison between Advanta India IPO and ICRA IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ICRA 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 ICRA IPO is up to ₹85.18 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of ICRA IPO is ₹330.00 per share.
| Advanta India IPO | ICRA IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹275.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹330.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹330.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 20 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 | 25,81,100 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹85.18 Cr |
| Issue Size Total | 33,80,000 shares | 25,81,100 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹85.18 Cr |
Advanta India IPO opens on Mar 26, 2007, while ICRA IPO opens on Mar 20, 2007. The closing date of Advanta India IPO and ICRA IPO is Mar 30, 2007, and Mar 23, 2007, respectively.
| Advanta India IPO | ICRA IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | Mar 20, 2007 |
| Issue Close | Mar 30, 2007 | Mar 23, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | Apr 13, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to ICRA IPO P/E ratio of .
| Advanta India IPO | ICRA IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 29.1 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 28.51 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹330.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | 13.67 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in ICRA IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 12,90,550 shares in ICRA IPO.
| Advanta India IPO | ICRA IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 12,90,550 shares |
| NII | 3,38,000 shares | 3,87,165 shares |
| RII | 10,14,000 shares | 9,03,385 shares |
| Employee | ||
| Others | ||
| Total | 33,80,000 shares | 25,81,100 shares |
Advanta India IPO subscribed 3.98x in total, whereas ICRA IPO subscribed 75.04x.
| Advanta India IPO | ICRA IPO | |
|---|---|---|
| QIB (times) | 6.47x | 90.65x |
| NII (times) | 0.20x | 72.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 53.99x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.98x | 75.04x |
