Comparison between Bajaj Corp IPO and Prakash Steelage IPO.
Bajaj Corp IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prakash Steelage IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bajaj Corp IPO is up to ₹297.00 Cr whereas the issue size of the Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Bajaj Corp IPO is ₹660.00 per share and of Prakash Steelage IPO is ₹110.00 per share.
| Bajaj Corp IPO | Prakash Steelage IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹630.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 10 shares | 60 shares |
| Fresh Issue Size | 45,00,000 shares | 62,50,039 shares |
| Fresh Issue Size (Amount) | up to ₹297.00 Cr | up to ₹68.75 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 | 62,50,039 shares |
| Issue Size Total (Amount) | up to ₹297.00 Cr | up to ₹68.75 Cr |
Bajaj Corp IPO opens on Aug 02, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Bajaj Corp IPO and Prakash Steelage IPO is Aug 05, 2010, and Aug 10, 2010, respectively.
| Bajaj Corp IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Bid Date | Jul 30, 2010 | |
| Issue Open | Aug 02, 2010 | Aug 05, 2010 |
| Issue Close | Aug 05, 2010 | Aug 10, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 18, 2010 | Aug 25, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bajaj Corp IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .
| Bajaj Corp IPO | Prakash Steelage IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 84.75 | 64.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1947.00 Cr. | ₹192.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 327.66 | 35.03 |
In the Bajaj Corp IPO Retail Individual Investors (RII) are offered 13,50,000 shares while in Prakash Steelage IPO retail investors are offered 13,50,000 shares. Qualified Institutional Buyers (QIB) are offered 18,90,000 shares in Bajaj Corp IPO and 30,75,000 shares in Prakash Steelage IPO.
| Bajaj Corp IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,10,000 shares | |
| Market Maker Reservation | ||
| QIB | 18,90,000 shares | 30,75,000 shares |
| NII | 4,50,000 shares | 9,22,500 shares |
| RII | 13,50,000 shares | 21,52,500 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 45,00,000 shares | 62,50,000 shares |
Bajaj Corp IPO subscribed 15.81x in total, whereas Prakash Steelage IPO subscribed 4.53x.
| Bajaj Corp IPO | Prakash Steelage IPO | |
|---|---|---|
| QIB (times) | 20.19x | 1.27x |
| NII (times) | 53.49x | 10.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 6.62x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 15.81x | 4.53x |
