Comparison between ARSS Infrastructure IPO and REC FPO.
ARSS Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while REC FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ARSS Infrastructure IPO is up to ₹103.02 Cr whereas the issue size of the REC FPO is up to ₹3,525.55 Cr. The final issue price of ARSS Infrastructure IPO is ₹450.00 per share and of REC FPO is ₹206.00 per share.
| ARSS Infrastructure IPO | REC FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹410.00 per share | ₹203.00 per share |
| Issue Price (Upper) | ₹450.00 per share | |
| Issue Price (Final) | ₹450.00 per share | ₹206.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹3.00 per share |
| Discount (Employee) | ₹13.00 per share | |
| Market Lot Size | 15 shares | 30 shares |
| Fresh Issue Size | 22,89,230 shares | 12,87,99,000 shares |
| Fresh Issue Size (Amount) | up to ₹103.02 Cr | up to ₹2,644.16 Cr |
| OFS Issue Size | 0 shares | 4,29,33,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹881.39 Cr |
| Issue Size Total | 22,89,230 shares | 17,17,32,000 shares |
| Issue Size Total (Amount) | up to ₹103.02 Cr | up to ₹3,525.55 Cr |
ARSS Infrastructure IPO opens on Feb 08, 2010, while REC FPO opens on Feb 19, 2010. The closing date of ARSS Infrastructure IPO and REC FPO is Feb 11, 2010, and Feb 23, 2010, respectively.
| ARSS Infrastructure IPO | REC FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 08, 2010 | Feb 19, 2010 |
| Issue Close | Feb 11, 2010 | Feb 23, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 03, 2010 | Mar 08, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
ARSS Infrastructure IPO P/E ratio is , as compared to REC FPO P/E ratio of .
| ARSS Infrastructure IPO | REC FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 65.31 | |||||
| Promoter Shareholding (Post-Issue) | 55.24 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹667.93 Cr. | ₹20341.66 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 34.47 |
In the ARSS Infrastructure IPO Retail Individual Investors (RII) are offered 6,86,667 shares while in REC FPO retail investors are offered 6,86,667 shares. Qualified Institutional Buyers (QIB) are offered 13,73,333 shares in ARSS Infrastructure IPO and 8,56,91,000 shares in REC FPO.
| ARSS Infrastructure IPO | REC FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 13,73,333 shares | 8,56,91,000 shares |
| NII | 2,28,888 shares | 2,57,07,300 shares |
| RII | 6,86,667 shares | 5,99,83,700 shares |
| Employee | 3,50,000 shares | |
| Others | ||
| Total | 22,88,888 shares | 17,17,32,000 shares |
ARSS Infrastructure IPO subscribed 47.62x in total, whereas REC FPO subscribed 3.14x.
| ARSS Infrastructure IPO | REC FPO | |
|---|---|---|
| QIB (times) | 49.34x | 5.52x |
| NII (times) | 124.53x | 2.05x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 18.55x | 0.23x |
| Employee (times) | 0.85x | |
| Other (times) | ||
| Total (times) | 47.62x | 3.14x |
