Comparison between Ashoka Buildcon IPO and Electrosteel Steels IPO.
Ashoka Buildcon IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Electrosteel Steels IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ashoka Buildcon IPO is up to ₹225.00 Cr whereas the issue size of the Electrosteel Steels IPO is up to ₹285.28 Cr. The final issue price of Ashoka Buildcon IPO is ₹324.00 per share and of Electrosteel Steels IPO is ₹11.00 per share.
| Ashoka Buildcon IPO | Electrosteel Steels IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹297.00 per share | ₹10.00 per share |
| Issue Price (Upper) | ₹324.00 per share | ₹11.00 per share |
| Issue Price (Final) | ₹324.00 per share | ₹11.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 21 shares | 600 shares |
| Fresh Issue Size | 69,44,444 shares | 25,93,43,616 shares |
| Fresh Issue Size (Amount) | up to ₹225.00 Cr | up to ₹285.28 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 | 69,44,444 shares | 25,93,43,616 shares |
| Issue Size Total (Amount) | up to ₹225.00 Cr | up to ₹285.28 Cr |
Ashoka Buildcon IPO opens on Sep 24, 2010, while Electrosteel Steels IPO opens on Sep 21, 2010. The closing date of Ashoka Buildcon IPO and Electrosteel Steels IPO is Sep 28, 2010, and Sep 24, 2010, respectively.
| Ashoka Buildcon IPO | Electrosteel Steels IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2010 | |
| Issue Open | Sep 24, 2010 | Sep 21, 2010 |
| Issue Close | Sep 28, 2010 | Sep 24, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2010 | Oct 08, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Buildcon IPO P/E ratio is , as compared to Electrosteel Steels IPO P/E ratio of .
| Ashoka Buildcon IPO | Electrosteel Steels IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 34.41 | ||||
| Promoter Shareholding (Post-Issue) | 100 | 33.84 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1705.41 Cr. | ₹2275.20 Cr. | ||||
| ROE | 21.3 | |||||
| ROCE | 10.9 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.38 |
In the Ashoka Buildcon IPO Retail Individual Investors (RII) are offered 20,72,917 shares while in Electrosteel Steels IPO retail investors are offered 20,72,917 shares. Qualified Institutional Buyers (QIB) are offered 29,02,083 shares in Ashoka Buildcon IPO and 15,56,06,170 shares in Electrosteel Steels IPO.
| Ashoka Buildcon IPO | Electrosteel Steels IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,43,750 shares | |
| Market Maker Reservation | ||
| QIB | 29,02,083 shares | 15,56,06,170 shares |
| NII | 6,90,972 shares | 2,59,34,362 shares |
| RII | 20,72,917 shares | 7,78,03,084 shares |
| Employee | 34,722 shares | |
| Others | ||
| Total | 69,44,444 shares | 25,93,43,616 shares |
Ashoka Buildcon IPO subscribed 15.94x in total, whereas Electrosteel Steels IPO subscribed 8.23x.
| Ashoka Buildcon IPO | Electrosteel Steels IPO | |
|---|---|---|
| QIB (times) | 25.52x | 5.86x |
| NII (times) | 13.91x | 28.58x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.46x | 6.19x |
| Employee (times) | 1.21x | |
| Other (times) | ||
| Total (times) | 15.94x | 8.23x |
