Comparison between Binani Cement IPO and Glory Polyfilms IPO.
Binani Cement IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Glory Polyfilms IPO is a Mainboard Fixed Price proposed to list at BSE, NSE.
The total issue size of Binani Cement IPO is up to ₹153.75 Cr whereas the issue size of the Glory Polyfilms IPO is up to ₹39.46 Cr. The final issue price of Binani Cement IPO is ₹75.00 per share and of Glory Polyfilms IPO is ₹48.00 per share.
| Binani Cement IPO | Glory Polyfilms IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹85.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹48.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 80 shares | 125 shares |
| Fresh Issue Size | 0 shares | 82,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹39.46 Cr |
| OFS Issue Size | 2,05,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹153.75 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,05,00,000 shares | 82,20,000 shares |
| Issue Size Total (Amount) | up to ₹153.75 Cr | up to ₹39.46 Cr |
Binani Cement IPO opens on May 07, 2007, while Glory Polyfilms IPO opens on May 09, 2007. The closing date of Binani Cement IPO and Glory Polyfilms IPO is May 10, 2007, and May 15, 2007, respectively.
| Binani Cement IPO | Glory Polyfilms IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 07, 2007 | May 09, 2007 |
| Issue Close | May 10, 2007 | May 15, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 28, 2007 | Jun 18, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Binani Cement IPO P/E ratio is , as compared to Glory Polyfilms IPO P/E ratio of .
| Binani Cement IPO | Glory Polyfilms IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 64.91 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 64.91 | 52.94 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1523.26 Cr. | ₹83.85 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.57 | 20.34 |
In the Binani Cement IPO Retail Individual Investors (RII) are offered 61,50,000 shares while in Glory Polyfilms IPO retail investors are offered 61,50,000 shares. Qualified Institutional Buyers (QIB) are offered 1,23,00,000 shares in Binani Cement IPO and in Glory Polyfilms IPO.
| Binani Cement IPO | Glory Polyfilms IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,23,00,000 shares | |
| NII | 20,50,000 shares | 41,10,000 shares |
| RII | 61,50,000 shares | 41,10,000 shares |
| Employee | ||
| Others | ||
| Total | 2,05,00,000 shares | 82,20,000 shares |
Binani Cement IPO subscribed 1.36x in total, whereas Glory Polyfilms IPO subscribed 1.08x.
| Binani Cement IPO | Glory Polyfilms IPO | |
|---|---|---|
| QIB (times) | 1.33x | |
| NII (times) | 0.78x | 1.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.62x | 0.80x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 1.08x |
