Comparison between Aster Silicates IPO and Bajaj Corp IPO.
Aster Silicates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Bajaj Corp IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the Bajaj Corp IPO is up to ₹297.00 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of Bajaj Corp IPO is ₹660.00 per share.
| Aster Silicates IPO | Bajaj Corp IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹112.00 per share | ₹630.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹660.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹660.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 10 shares |
| Fresh Issue Size | 45,00,000 shares | 45,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.10 Cr | up to ₹297.00 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 | 45,00,000 shares |
| Issue Size Total (Amount) | up to ₹53.10 Cr | up to ₹297.00 Cr |
Aster Silicates IPO opens on Jun 24, 2010, while Bajaj Corp IPO opens on Aug 02, 2010. The closing date of Aster Silicates IPO and Bajaj Corp IPO is Jun 28, 2010, and Aug 05, 2010, respectively.
| Aster Silicates IPO | Bajaj Corp IPO | |
|---|---|---|
| Anchor Bid Date | Jul 30, 2010 | |
| Issue Open | Jun 24, 2010 | Aug 02, 2010 |
| Issue Close | Jun 28, 2010 | Aug 05, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 28, 2010 | Aug 18, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aster Silicates IPO P/E ratio is , as compared to Bajaj Corp IPO P/E ratio of .
| Aster Silicates IPO | Bajaj Corp IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 49.8 | 84.75 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹175.36 Cr. | ₹1947.00 Cr. | ||||
| ROE | ||||||
| ROCE | 16.36 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 14.18 | 327.66 |
In the Aster Silicates IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Bajaj Corp IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Aster Silicates IPO and 18,90,000 shares in Bajaj Corp IPO.
| Aster Silicates IPO | Bajaj Corp IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,10,000 shares | |
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 18,90,000 shares |
| NII | 6,75,000 shares | 4,50,000 shares |
| RII | 15,75,000 shares | 13,50,000 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 45,00,000 shares |
Aster Silicates IPO subscribed 4.71x in total, whereas Bajaj Corp IPO subscribed 15.81x.
| Aster Silicates IPO | Bajaj Corp IPO | |
|---|---|---|
| QIB (times) | 0.01x | 20.19x |
| NII (times) | 13.13x | 53.49x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.81x | 6.62x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.71x | 15.81x |
