Comparison between eClerx IPO and Renaissance Jewellery IPO.
eClerx IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Renaissance Jewellery IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of eClerx IPO is up to ₹101.00 Cr whereas the issue size of the Renaissance Jewellery IPO is up to ₹79.86 Cr. The final issue price of eClerx IPO is ₹315.00 per share and of Renaissance Jewellery IPO is ₹150.00 per share.
| eClerx IPO | Renaissance Jewellery IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹270.00 per share | ₹125.00 per share |
| Issue Price (Upper) | ₹315.00 per share | ₹150.00 per share |
| Issue Price (Final) | ₹315.00 per share | ₹150.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 20 shares | 45 shares |
| Fresh Issue Size | 23,16,349 shares | 53,24,240 shares |
| Fresh Issue Size (Amount) | up to ₹72.96 Cr | up to ₹79.86 Cr |
| OFS Issue Size | 8,90,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹28.04 Cr | up to ₹0.00 Cr |
| Issue Size Total | 32,06,349 shares | 53,24,240 shares |
| Issue Size Total (Amount) | up to ₹101.00 Cr | up to ₹79.86 Cr |
eClerx IPO opens on Dec 04, 2007, while Renaissance Jewellery IPO opens on Nov 19, 2007. The closing date of eClerx IPO and Renaissance Jewellery IPO is Dec 07, 2007, and Nov 21, 2007, respectively.
| eClerx IPO | Renaissance Jewellery IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 04, 2007 | Nov 19, 2007 |
| Issue Close | Dec 07, 2007 | Nov 21, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 31, 2007 | Dec 12, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
eClerx IPO P/E ratio is , as compared to Renaissance Jewellery IPO P/E ratio of .
| eClerx IPO | Renaissance Jewellery IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 72.23 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 62.01 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹594.37 Cr. | ₹275.39 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 138 | 25.5 |
In the eClerx IPO Retail Individual Investors (RII) are offered 9,61,905 shares while in Renaissance Jewellery IPO retail investors are offered 9,61,905 shares. Qualified Institutional Buyers (QIB) are offered 19,23,809 shares in eClerx IPO and 26,62,120 shares in Renaissance Jewellery IPO.
| eClerx IPO | Renaissance Jewellery IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 19,23,809 shares | 26,62,120 shares |
| NII | 3,20,635 shares | 7,98,636 shares |
| RII | 9,61,905 shares | 18,63,484 shares |
| Employee | ||
| Others | ||
| Total | 32,06,349 shares | 53,24,240 shares |
eClerx IPO subscribed 26.30x in total, whereas Renaissance Jewellery IPO subscribed 23.63x.
| eClerx IPO | Renaissance Jewellery IPO | |
|---|---|---|
| QIB (times) | 31.59x | 23.13x |
| NII (times) | 36.36x | 55.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.38x | 10.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 26.30x | 23.63x |
