Comparison between Aster Silicates IPO and Technofab Engineering IPO.
Aster Silicates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Technofab Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
| Aster Silicates IPO | Technofab Engineering IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE, NSE |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | ITI Capital Ltd. |
| Registrar | Sharepro Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | ||
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the Technofab Engineering IPO is up to ₹71.66 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of Technofab Engineering IPO is ₹240.00 per share.
| Aster Silicates IPO | Technofab Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | ₹230.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹240.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹240.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 50 shares | 25 shares |
| Fresh Issue Size | 45,00,000 shares | 29,90,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.10 Cr | up to ₹71.66 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 | 45,00,000 shares | 29,90,000 shares |
| Issue Size Total (Amount) | up to ₹53.10 Cr | up to ₹71.66 Cr |
Aster Silicates IPO opens on Jun 24, 2010, while Technofab Engineering IPO opens on Jun 29, 2010. The closing date of Aster Silicates IPO and Technofab Engineering IPO is Jun 28, 2010, and Jul 02, 2010, respectively.
| Aster Silicates IPO | Technofab Engineering IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 24, 2010 | Jun 29, 2010 |
| Issue Close | Jun 28, 2010 | Jul 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 28, 2010 | Jul 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aster Silicates IPO P/E ratio is , as compared to Technofab Engineering IPO P/E ratio of .
| Aster Silicates IPO | Technofab Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 51 | ||||
| Promoter Shareholding (Post-Issue) | 49.8 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹175.36 Cr. | ₹251.76 Cr. | ||||
| ROE | ||||||
| ROCE | 16.36 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 14.18 | 38.2 |
In the Aster Silicates IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Technofab Engineering IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Aster Silicates IPO and 14,70,000 shares in Technofab Engineering IPO.
| Aster Silicates IPO | Technofab Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 14,70,000 shares |
| NII | 6,75,000 shares | 4,41,000 shares |
| RII | 15,75,000 shares | 10,29,000 shares |
| Employee | 50,000 shares | |
| Others | ||
| Total | 45,00,000 shares | 29,90,000 shares |
Aster Silicates IPO subscribed 4.71x in total, whereas Technofab Engineering IPO subscribed 12.78x.
| Aster Silicates IPO | Technofab Engineering IPO | |
|---|---|---|
| QIB (times) | 0.01x | 4.28x |
| NII (times) | 13.13x | 48.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.81x | 10.03x |
| Employee (times) | 1.10x | |
| Other (times) | ||
| Total (times) | 4.71x | 12.78x |
