Comparison between Bajaj Corp IPO and SKS Microfinance IPO.
Bajaj Corp IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SKS Microfinance 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 SKS Microfinance IPO is up to ₹1,628.78 Cr. The final issue price of Bajaj Corp IPO is ₹660.00 per share and of SKS Microfinance IPO is ₹985.00 per share.
| Bajaj Corp IPO | SKS Microfinance IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹630.00 per share | ₹850.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹985.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹985.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹50.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 7 shares |
| Fresh Issue Size | 45,00,000 shares | 74,45,323 shares |
| Fresh Issue Size (Amount) | up to ₹297.00 Cr | up to ₹722.20 Cr |
| OFS Issue Size | 0 shares | 93,46,256 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹906.59 Cr |
| Issue Size Total | 45,00,000 shares | 1,67,91,579 shares |
| Issue Size Total (Amount) | up to ₹297.00 Cr | up to ₹1,628.78 Cr |
Bajaj Corp IPO opens on Aug 02, 2010, while SKS Microfinance IPO opens on Jul 28, 2010. The closing date of Bajaj Corp IPO and SKS Microfinance IPO is Aug 05, 2010, and Aug 02, 2010, respectively.
| Bajaj Corp IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Bid Date | Jul 30, 2010 | Jul 27, 2010 |
| Issue Open | Aug 02, 2010 | Jul 28, 2010 |
| Issue Close | Aug 05, 2010 | Aug 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 18, 2010 | Aug 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bajaj Corp IPO P/E ratio is , as compared to SKS Microfinance IPO P/E ratio of .
| Bajaj Corp IPO | SKS Microfinance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 55.8 | ||||
| Promoter Shareholding (Post-Issue) | 84.75 | 37.1 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1947.00 Cr. | ₹7089.30 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 327.66 | 18.4 |
In the Bajaj Corp IPO Retail Individual Investors (RII) are offered 13,50,000 shares while in SKS Microfinance IPO retail investors are offered 13,50,000 shares. Qualified Institutional Buyers (QIB) are offered 18,90,000 shares in Bajaj Corp IPO and 70,52,464 shares in SKS Microfinance IPO.
| Bajaj Corp IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,10,000 shares | 30,22,484 shares |
| Market Maker Reservation | ||
| QIB | 18,90,000 shares | 70,52,464 shares |
| NII | 4,50,000 shares | 16,79,157 shares |
| RII | 13,50,000 shares | 50,37,474 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 1,67,91,579 shares |
Bajaj Corp IPO subscribed 15.81x in total, whereas SKS Microfinance IPO subscribed 11.23x.
| Bajaj Corp IPO | SKS Microfinance IPO | |
|---|---|---|
| QIB (times) | 20.19x | 20.38x |
| NII (times) | 53.49x | 18.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 2.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.81x | 11.23x |
