Comparison between Electrosteel Steels IPO and Tirupati Inks FPO.
Electrosteel Steels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tirupati Inks FPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Electrosteel Steels IPO is up to ₹285.28 Cr whereas the issue size of the Tirupati Inks FPO is up to ₹39.99 Cr. The final issue price of Electrosteel Steels IPO is ₹11.00 per share and of Tirupati Inks FPO is ₹43.00 per share.
| Electrosteel Steels IPO | Tirupati Inks FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹10.00 per share | ₹41.00 per share |
| Issue Price (Upper) | ₹11.00 per share | ₹43.00 per share |
| Issue Price (Final) | ₹11.00 per share | ₹43.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 150 shares |
| Fresh Issue Size | 25,93,43,616 shares | 93,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹285.28 Cr | up to ₹39.99 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 25,93,43,616 shares | 93,00,000 shares |
| Issue Size Total (Amount) | up to ₹285.28 Cr | up to ₹39.99 Cr |
Electrosteel Steels IPO opens on Sep 21, 2010, while Tirupati Inks FPO opens on Sep 14, 2010. The closing date of Electrosteel Steels IPO and Tirupati Inks FPO is Sep 24, 2010, and Sep 17, 2010, respectively.
| Electrosteel Steels IPO | Tirupati Inks FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2010 | Sep 14, 2010 |
| Issue Close | Sep 24, 2010 | Sep 17, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 08, 2010 | Oct 01, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Electrosteel Steels IPO P/E ratio is , as compared to Tirupati Inks FPO P/E ratio of .
| Electrosteel Steels IPO | Tirupati Inks FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 34.41 | 44.14 | ||||
| Promoter Shareholding (Post-Issue) | 33.84 | 26.92 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2275.20 Cr. | ₹65.16 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 31.47 |
In the Electrosteel Steels IPO Retail Individual Investors (RII) are offered 7,78,03,084 shares while in Tirupati Inks FPO 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 46,50,000 shares in Tirupati Inks FPO.
| Electrosteel Steels IPO | Tirupati Inks FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 15,56,06,170 shares | 46,50,000 shares |
| NII | 2,59,34,362 shares | 13,95,000 shares |
| RII | 7,78,03,084 shares | 32,55,000 shares |
| Employee | ||
| Others | ||
| Total | 25,93,43,616 shares | 93,00,000 shares |
Electrosteel Steels IPO subscribed 7.16x in total, whereas Tirupati Inks FPO subscribed 0.00x.
| Electrosteel Steels IPO | Tirupati Inks FPO | |
|---|---|---|
| QIB (times) | 5.10x | 0.00x |
| NII (times) | 24.85x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.38x | 0.00x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.16x | 0.00x |
