Comparison between Ankit Metal IPO and Nelcast IPO.
Ankit Metal IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Nelcast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ankit Metal IPO is up to ₹34.52 Cr whereas the issue size of the Nelcast IPO is up to ₹95.27 Cr. The final issue price of Ankit Metal IPO is ₹36.00 per share and of Nelcast IPO is ₹219.00 per share.
| Ankit Metal IPO | Nelcast IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹30.00 per share | ₹195.00 per share |
| Issue Price (Upper) | ₹36.00 per share | ₹219.00 per share |
| Issue Price (Final) | ₹36.00 per share | ₹219.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 190 shares | 30 shares |
| Fresh Issue Size | 95,90,000 shares | 43,50,240 shares |
| Fresh Issue Size (Amount) | up to ₹34.52 Cr | up to ₹95.27 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 | 95,90,000 shares | 43,50,240 shares |
| Issue Size Total (Amount) | up to ₹34.52 Cr | up to ₹95.27 Cr |
Ankit Metal IPO opens on Jun 18, 2007, while Nelcast IPO opens on Jun 04, 2007. The closing date of Ankit Metal IPO and Nelcast IPO is Jun 22, 2007, and Jun 08, 2007, respectively.
| Ankit Metal IPO | Nelcast IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 18, 2007 | Jun 04, 2007 |
| Issue Close | Jun 22, 2007 | Jun 08, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 10, 2007 | Jun 27, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ankit Metal IPO P/E ratio is , as compared to Nelcast IPO P/E ratio of .
| Ankit Metal IPO | Nelcast IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 91.19 | ||||
| Promoter Shareholding (Post-Issue) | 70.83 | 68.39 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹118.35 Cr. | ₹381.06 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 20.19 | 45.29 |
In the Ankit Metal IPO Retail Individual Investors (RII) are offered 29,40,000 shares while in Nelcast IPO retail investors are offered 29,40,000 shares. Qualified Institutional Buyers (QIB) are offered 42,00,000 shares in Ankit Metal IPO and 21,75,000 shares in Nelcast IPO.
| Ankit Metal IPO | Nelcast IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 42,00,000 shares | 21,75,000 shares |
| NII | 12,60,000 shares | 6,52,500 shares |
| RII | 29,40,000 shares | 15,22,500 shares |
| Employee | 11,90,000 shares | |
| Others | ||
| Total | 95,90,000 shares | 43,50,000 shares |
Ankit Metal IPO subscribed 1.58x in total, whereas Nelcast IPO subscribed 7.36x.
| Ankit Metal IPO | Nelcast IPO | |
|---|---|---|
| QIB (times) | 0.72x | 11.22x |
| NII (times) | 3.80x | 0.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.43x | 4.59x |
| Employee (times) | 0.18x | |
| Other (times) | ||
| Total (times) | 1.58x | 7.36x |
