Comparison between Garden Reach Shipbuilders IPO and Varroc Engineering IPO.
Garden Reach Shipbuilders 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 Garden Reach Shipbuilders IPO is up to ₹343.59 Cr whereas the issue size of the Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of Garden Reach Shipbuilders IPO is ₹118.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| Garden Reach Shipbuilders IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹5.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹5.00 per share | ₹48.00 per share |
| Market Lot Size | 120 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 | 2,92,10,760 shares | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹343.59 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 2,92,10,760 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹343.59 Cr | up to ₹1,955.18 Cr |
Garden Reach Shipbuilders IPO opens on Sep 24, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of Garden Reach Shipbuilders IPO and Varroc Engineering IPO is Oct 01, 2018, and Jun 28, 2018, respectively.
| Garden Reach Shipbuilders IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2018 | |
| Issue Open | Sep 24, 2018 | Jun 26, 2018 |
| Issue Close | Oct 01, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Jul 03, 2018 |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | Jul 04, 2018 |
| Credit of Share (Tentative) | Oct 03, 2018 | Jul 05, 2018 |
| Listing date (Tentative) | Oct 10, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Aug 02, 2018 | |
| Anchor Lockin End date 2 | Oct 01, 2018 |
Garden Reach Shipbuilders IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| Garden Reach Shipbuilders IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹1351.71 Cr. | ₹13036.27 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Garden Reach Shipbuilders IPO Retail Individual Investors (RII) are offered 1,00,23,300 shares while in Varroc Engineering IPO retail investors are offered 1,00,23,300 shares. Qualified Institutional Buyers (QIB) are offered 1,43,19,000 shares in Garden Reach Shipbuilders IPO and 40,24,346 shares in Varroc Engineering IPO.
| Garden Reach Shipbuilders IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 60,36,518 shares | |
| Market Maker Reservation | ||
| QIB | 1,43,19,000 shares | 40,24,346 shares |
| NII | 42,95,700 shares | 30,18,260 shares |
| RII | 1,00,23,300 shares | 70,42,606 shares |
| Employee | 5,72,760 shares | 1,00,000 shares |
| Others | ||
| Total | 2,92,10,760 shares | 2,02,21,730 shares |
Garden Reach Shipbuilders IPO subscribed 1.02x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| Garden Reach Shipbuilders IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 1.81x | 9.15x |
| NII (times) | 0.31x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.24x | 0.84x |
| Employee (times) | 0.14x | 0.63x |
| Other (times) | ||
| Total (times) | 1.02x | 3.54x |
