Andhra Bank FPO vs Nitin Spinners IPO

Comparison between Andhra Bank FPO and Nitin Spinners IPO.

IPO Details

Andhra Bank FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitin Spinners IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Andhra Bank FPO is up to ₹765.00 Cr whereas the issue size of the Nitin Spinners IPO is up to ₹40.00 Cr. The final issue price of Andhra Bank FPO is ₹90.00 per share and of Nitin Spinners IPO is ₹21.00 per share.

 Andhra Bank FPONitin Spinners IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹18.00 per share
Issue Price (Upper)₹90.00 per share₹21.00 per share
Issue Price (Final)₹90.00 per share₹21.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size8,50,00,000 shares1,90,47,620 shares
Fresh Issue Size (Amount)up to ₹765.00 Crup to ₹40.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,50,00,000 shares1,90,47,620 shares
Issue Size Total (Amount)up to ₹765.00 Crup to ₹40.00 Cr

IPO Timetable

Andhra Bank FPO opens on Jan 16, 2006, while Nitin Spinners IPO opens on Jan 06, 2006. The closing date of Andhra Bank FPO and Nitin Spinners IPO is Jan 20, 2006, and Jan 12, 2006, respectively.

Financials & KPIs

Andhra Bank FPO P/E ratio is , as compared to Nitin Spinners IPO P/E ratio of .

 Andhra Bank FPONitin Spinners IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 200531 Mar 200531 Mar 2004
Assets121.77121.52102.21
Total Income49.6881.7481.74
Profit After Tax3.002.881.09
NET Worth42.3631.6329.03
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)62.5099.99
Promoter Shareholding (Post-Issue)51.5553.35
P/E Ratio
Market Cap₹4365.00 Cr.₹85.75 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Andhra Bank FPO Retail Individual Investors (RII) are offered 2,67,75,000 shares while in Nitin Spinners IPO 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 89,28,571 shares in Nitin Spinners IPO.

 Andhra Bank FPONitin Spinners IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB3,82,50,000 shares89,28,571 shares
NII1,14,75,000 shares26,78,572 shares
RII2,67,75,000 shares62,50,001 shares
Employee85,00,000 shares11,90,476 shares
Others
Total8,50,00,000 shares1,90,47,620 shares

Bids Received (Subscription)

Andhra Bank FPO subscribed in total, whereas Nitin Spinners IPO subscribed .

Compare with others

Compare:

Andhra Bank FPO Vs Nitin Spinners IPO