Comparison between Binani Cement IPO and Nitin Fire Protection IPO.
Binani Cement IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitin Fire Protection IPO is a Mainboard Bookbuilding 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 Nitin Fire Protection IPO is up to ₹64.47 Cr. The final issue price of Binani Cement IPO is ₹75.00 per share and of Nitin Fire Protection IPO is ₹190.00 per share.
| Binani Cement IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹171.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹190.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹190.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 80 shares | 35 shares |
| Fresh Issue Size | 0 shares | 33,93,141 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹64.47 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 | 33,93,141 shares |
| Issue Size Total (Amount) | up to ₹153.75 Cr | up to ₹64.47 Cr |
Binani Cement IPO opens on May 07, 2007, while Nitin Fire Protection IPO opens on May 15, 2007. The closing date of Binani Cement IPO and Nitin Fire Protection IPO is May 10, 2007, and May 18, 2007, respectively.
| Binani Cement IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 07, 2007 | May 15, 2007 |
| Issue Close | May 10, 2007 | May 18, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 28, 2007 | Jun 05, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Binani Cement IPO P/E ratio is , as compared to Nitin Fire Protection IPO P/E ratio of .
| Binani Cement IPO | Nitin Fire Protection IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 64.91 | 95.06 | ||||
| Promoter Shareholding (Post-Issue) | 64.91 | 69.49 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1523.26 Cr. | ₹239.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.57 | 14.08 |
In the Binani Cement IPO Retail Individual Investors (RII) are offered 61,50,000 shares while in Nitin Fire Protection 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 16,20,000 shares in Nitin Fire Protection IPO.
| Binani Cement IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,23,00,000 shares | 16,20,000 shares |
| NII | 20,50,000 shares | 4,86,000 shares |
| RII | 61,50,000 shares | 11,34,000 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 2,05,00,000 shares | 33,90,000 shares |
Binani Cement IPO subscribed 1.36x in total, whereas Nitin Fire Protection IPO subscribed 48.56x.
| Binani Cement IPO | Nitin Fire Protection IPO | |
|---|---|---|
| QIB (times) | 1.33x | 49.91x |
| NII (times) | 0.78x | 101.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.62x | 30.29x |
| Employee (times) | 1.11x | |
| Other (times) | ||
| Total (times) | 1.36x | 48.56x |
