Comparison between Bank of Maharashtra IPO and CMC IPO.
Bank of Maharashtra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while CMC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bank of Maharashtra IPO is up to ₹230.00 Cr whereas the issue size of the CMC IPO is up to ₹190.44 Cr. The final issue price of Bank of Maharashtra IPO is ₹23.00 per share and of CMC IPO is ₹485.00 per share.
| Bank of Maharashtra IPO | CMC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹485.00 per share | |
| Issue Price (Upper) | ₹485.00 per share | |
| Issue Price (Final) | ₹23.00 per share | ₹485.00 per share |
| Discount (Retail) | ₹24.25 per share | |
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 10,00,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹230.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 39,76,374 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹190.44 Cr |
| Issue Size Total | 10,00,00,000 shares | 39,76,374 shares |
| Issue Size Total (Amount) | up to ₹230.00 Cr | up to ₹190.44 Cr |
Bank of Maharashtra IPO opens on Feb 25, 2004, while CMC IPO opens on Feb 23, 2004. The closing date of Bank of Maharashtra IPO and CMC IPO is Mar 04, 2004, and Feb 28, 2004, respectively.
| Bank of Maharashtra IPO | CMC IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 25, 2004 | Feb 23, 2004 |
| Issue Close | Mar 04, 2004 | Feb 28, 2004 |
| Basis Of Allotment (Tentative) | Mar 31, 2004 | Mar 15, 2004 |
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | ||
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bank of Maharashtra IPO P/E ratio is , as compared to CMC IPO P/E ratio of 19.83.
| Bank of Maharashtra IPO | CMC IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 51.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 76.772275 | 51.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹734.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹24.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.25 | 30.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bank of Maharashtra IPO Retail Individual Investors (RII) are offered 4,50,00,000 shares while in CMC IPO retail investors are offered 4,50,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bank of Maharashtra IPO and 19,88,186 shares in CMC IPO.
| Bank of Maharashtra IPO | CMC IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 19,88,186 shares |
| NII | 4,50,00,000 shares | 9,94,094 shares |
| RII | 4,50,00,000 shares | 9,94,094 shares |
| Employee | 1,00,00,000 shares | 0 shares |
| Others | ||
| Total | 10,00,00,000 shares | 39,76,374 shares |
Bank of Maharashtra IPO subscribed in total, whereas CMC IPO subscribed .
