Comparison between Andhra Bank FPO and Raj Rayon FPO.
Andhra Bank FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Raj Rayon FPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Andhra Bank FPO is up to ₹765.00 Cr whereas the issue size of the Raj Rayon FPO is up to ₹55.25 Cr. The final issue price of Andhra Bank FPO is ₹90.00 per share and of Raj Rayon FPO is ₹65.00 per share.
| Andhra Bank FPO | Raj Rayon FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | ₹55.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹65.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 8,50,00,000 shares | 85,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹765.00 Cr | up to ₹55.25 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 | 8,50,00,000 shares | 85,00,000 shares |
| Issue Size Total (Amount) | up to ₹765.00 Cr | up to ₹55.25 Cr |
Andhra Bank FPO opens on Jan 16, 2006, while Raj Rayon FPO opens on Jan 12, 2006. The closing date of Andhra Bank FPO and Raj Rayon FPO is Jan 20, 2006, and Jan 18, 2006, respectively.
| Andhra Bank FPO | Raj Rayon FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 16, 2006 | Jan 12, 2006 |
| Issue Close | Jan 20, 2006 | Jan 18, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 07, 2006 | Feb 03, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Andhra Bank FPO P/E ratio is , as compared to Raj Rayon FPO P/E ratio of 10.77.
| Andhra Bank FPO | Raj Rayon FPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 62.50 | 45.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.55 | 23.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4365.00 Cr. | ₹110.62 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.80 | 20.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Andhra Bank FPO Retail Individual Investors (RII) are offered 2,67,75,000 shares while in Raj Rayon FPO retail investors are offered 2,67,75,000 shares. Qualified Institutional Buyers (QIB) are offered 3,82,50,000 shares in Andhra Bank FPO and 34,00,000 shares in Raj Rayon FPO.
| Andhra Bank FPO | Raj Rayon FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 3,82,50,000 shares | 34,00,000 shares |
| NII | 1,14,75,000 shares | 10,20,000 shares |
| RII | 2,67,75,000 shares | 23,80,000 shares |
| Employee | 85,00,000 shares | 8,50,000 shares |
| Others | ||
| Total | 8,50,00,000 shares | 85,00,000 shares |
Andhra Bank FPO subscribed in total, whereas Raj Rayon FPO subscribed .