Comparison between Fine Organic Industries IPO and Varroc Engineering IPO.
Fine Organic Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varroc Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fine Organic Industries IPO is up to ₹600.17 Cr whereas the issue size of the Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of Fine Organic Industries IPO is ₹783.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| Fine Organic Industries IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹1 per share |
| Issue Price (Lower) | ₹780.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹783.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹783.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 19 shares | 15 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 76,64,994 shares | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹600.17 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 76,64,994 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹600.17 Cr | up to ₹1,955.18 Cr |
Fine Organic Industries IPO opens on Jun 20, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of Fine Organic Industries IPO and Varroc Engineering IPO is Jun 22, 2018, and Jun 28, 2018, respectively.
| Fine Organic Industries IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Jun 19, 2018 | Jun 25, 2018 |
| Issue Open | Jun 20, 2018 | Jun 26, 2018 |
| Issue Close | Jun 22, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | Jun 27, 2018 | Jul 03, 2018 |
| Initiation of Refunds (Tentative) | Jun 28, 2018 | Jul 04, 2018 |
| Credit of Share (Tentative) | Jun 28, 2018 | Jul 05, 2018 |
| Listing date (Tentative) | Jul 02, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Jul 27, 2018 | Aug 02, 2018 |
| Anchor Lockin End date 2 | Sep 25, 2018 | Oct 01, 2018 |
Fine Organic Industries IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| Fine Organic Industries IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2400.68 Cr. | ₹13036.27 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Fine Organic Industries IPO Retail Individual Investors (RII) are offered 26,82,748 shares while in Varroc Engineering IPO retail investors are offered 26,82,748 shares. Qualified Institutional Buyers (QIB) are offered 15,32,999 shares in Fine Organic Industries IPO and 40,24,346 shares in Varroc Engineering IPO.
| Fine Organic Industries IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 22,99,497 shares | 60,36,518 shares |
| Market Maker Reservation | ||
| QIB | 15,32,999 shares | 40,24,346 shares |
| NII | 11,49,750 shares | 30,18,260 shares |
| RII | 26,82,748 shares | 70,42,606 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 76,64,994 shares | 2,02,21,730 shares |
Fine Organic Industries IPO subscribed 8.77x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| Fine Organic Industries IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 12.85x | 9.15x |
| NII (times) | 21.00x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.19x | 0.84x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 8.77x | 3.54x |
