Comparison between Franklin Leasing IPO and Vishal Bearings IPO.
Franklin Leasing IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vishal Bearings IPO is a SME Fixed Price proposed to list at BSE SME.
| Franklin Leasing IPO | Vishal Bearings IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | MSB E-Trade Securities Ltd. | Hem Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Franklin Leasing IPO is up to ₹6.00 Cr whereas the issue size of the Vishal Bearings IPO is up to ₹3.06 Cr. The final issue price of Franklin Leasing IPO is ₹15.00 per share and of Vishal Bearings IPO is ₹25.00 per share.
| Franklin Leasing IPO | Vishal Bearings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹15.00 per share | ₹25.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 8000 shares | 6000 shares |
| Fresh Issue Size | 40,00,000 shares | 12,24,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.00 Cr | up to ₹3.06 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 | 40,00,000 shares | 12,24,000 shares |
| Issue Size Total (Amount) | up to ₹6.00 Cr | up to ₹3.06 Cr |
Franklin Leasing IPO opens on Mar 30, 2016, while Vishal Bearings IPO opens on Sep 28, 2015. The closing date of Franklin Leasing IPO and Vishal Bearings IPO is Apr 05, 2016, and Sep 30, 2015, respectively.
| Franklin Leasing IPO | Vishal Bearings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 30, 2016 | Sep 28, 2015 |
| Issue Close | Apr 05, 2016 | Sep 30, 2015 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 13, 2016 | Oct 15, 2015 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Franklin Leasing IPO P/E ratio is , as compared to Vishal Bearings IPO P/E ratio of .
| Franklin Leasing IPO | Vishal Bearings IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 36.83 | 82.53 | ||||
| Promoter Shareholding (Post-Issue) | 26.98 | 60.22 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹23.67 Cr. | ₹11.99 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 0.23 | 38.69 |
In the Franklin Leasing IPO Retail Individual Investors (RII) are offered 20,00,000 shares while in Vishal Bearings IPO retail investors are offered 20,00,000 shares. Qualified Institutional Buyers (QIB) are offered in Franklin Leasing IPO and in Vishal Bearings IPO.
| Franklin Leasing IPO | Vishal Bearings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,24,000 shares | 72,000 shares |
| QIB | ||
| NII | 20,00,000 shares | 6,12,000 shares |
| RII | 20,00,000 shares | 6,12,000 shares |
| Employee | ||
| Others | ||
| Total | 40,00,000 shares | 12,24,000 shares |
Franklin Leasing IPO subscribed 1.05x in total, whereas Vishal Bearings IPO subscribed 2.54x.
| Franklin Leasing IPO | Vishal Bearings IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.40x | 1.79x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.70x | 3.29x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.05x | 2.54x |
