Comparison between Electrosteel Steels IPO and Tecpro Systems IPO.
Electrosteel Steels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tecpro Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Electrosteel Steels IPO is up to ₹285.28 Cr whereas the issue size of the Tecpro Systems IPO is up to ₹267.91 Cr. The final issue price of Electrosteel Steels IPO is ₹11.00 per share and of Tecpro Systems IPO is ₹355.00 per share.
| Electrosteel Steels IPO | Tecpro Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹10.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹11.00 per share | ₹355.00 per share |
| Issue Price (Final) | ₹11.00 per share | ₹355.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹17.00 per share | |
| Market Lot Size | 600 shares | 15 shares |
| Fresh Issue Size | 25,93,43,616 shares | 62,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹285.28 Cr | up to ₹221.78 Cr |
| OFS Issue Size | 0 shares | 13,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹46.13 Cr |
| Issue Size Total | 25,93,43,616 shares | 75,50,000 shares |
| Issue Size Total (Amount) | up to ₹285.28 Cr | up to ₹267.91 Cr |
Electrosteel Steels IPO opens on Sep 21, 2010, while Tecpro Systems IPO opens on Sep 23, 2010. The closing date of Electrosteel Steels IPO and Tecpro Systems IPO is Sep 24, 2010, and Sep 28, 2010, respectively.
| Electrosteel Steels IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2010 | |
| Issue Open | Sep 21, 2010 | Sep 23, 2010 |
| Issue Close | Sep 24, 2010 | Sep 28, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 08, 2010 | Oct 12, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Electrosteel Steels IPO P/E ratio is , as compared to Tecpro Systems IPO P/E ratio of .
| Electrosteel Steels IPO | Tecpro Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 34.41 | 60.03 | ||||
| Promoter Shareholding (Post-Issue) | 33.84 | 52.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2275.20 Cr. | ₹1791.82 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 32.04 |
In the Electrosteel Steels IPO Retail Individual Investors (RII) are offered 7,78,03,084 shares while in Tecpro Systems IPO retail investors are offered 7,78,03,084 shares. Qualified Institutional Buyers (QIB) are offered 15,56,06,170 shares in Electrosteel Steels IPO and 30,87,000 shares in Tecpro Systems IPO.
| Electrosteel Steels IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,23,000 shares | |
| Market Maker Reservation | ||
| QIB | 15,56,06,170 shares | 30,87,000 shares |
| NII | 2,59,34,362 shares | 7,35,000 shares |
| RII | 7,78,03,084 shares | 22,05,000 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 25,93,43,616 shares | 75,50,000 shares |
Electrosteel Steels IPO subscribed 7.16x in total, whereas Tecpro Systems IPO subscribed 20.19x.
| Electrosteel Steels IPO | Tecpro Systems IPO | |
|---|---|---|
| QIB (times) | 5.10x | 27.99x |
| NII (times) | 24.85x | 62.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.38x | 9.07x |
| Employee (times) | 0.35x | |
| Other (times) | ||
| Total (times) | 7.16x | 20.19x |
