Development Credit Bank IPO vs Gayatri Projects IPO

Comparison between Development Credit Bank IPO and Gayatri Projects IPO.

IPO Details

Development Credit Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gayatri Projects IPO is a Mainboard Bookbuilding proposed to list at BSE.

Issue Size and Price

The total issue size of Development Credit Bank IPO is up to ₹185.90 Cr whereas the issue size of the Gayatri Projects IPO is up to ₹85.55 Cr. The final issue price of Development Credit Bank IPO is ₹26.00 per share and of Gayatri Projects IPO is ₹295.00 per share.

 Development Credit Bank IPOGayatri Projects IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹22.00 per share₹275.00 per share
Issue Price (Upper)₹26.00 per share₹295.00 per share
Issue Price (Final)₹26.00 per share₹295.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size250 shares20 shares
Fresh Issue Size7,15,00,000 shares10,00,000 shares
Fresh Issue Size (Amount)up to ₹185.90 Crup to ₹29.50 Cr
OFS Issue Size0 shares19,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹56.05 Cr
Issue Size Total7,15,00,000 shares29,00,000 shares
Issue Size Total (Amount)up to ₹185.90 Crup to ₹85.55 Cr

IPO Timetable

Development Credit Bank IPO opens on Sep 29, 2006, while Gayatri Projects IPO opens on Sep 26, 2006. The closing date of Development Credit Bank IPO and Gayatri Projects IPO is Oct 06, 2006, and Sep 29, 2006, respectively.

Financials & KPIs

Development Credit Bank IPO P/E ratio is , as compared to Gayatri Projects IPO P/E ratio of 15.59.

 Development Credit Bank IPOGayatri Projects IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 200631 Mar 200531 Mar 200431 Mar 2003
Assets3,716.844,626.345,275.024,352.17
Total Income357.43394.50441.65431.59
Profit After Tax-80.59-72.99-43.19-9.78
NET Worth139.31166.31187.83185.92
Reserves and Surplus88.05129.26151.42184.15
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 200631 Mar 200531 Mar 200431 Mar 200331 Mar 2002
Assets315.59287.73242.53191.86171.60
Total Income376.41303.57304.03345.75309.89
Profit After Tax18.088.955.237.236.71
NET Worth92.6976.5469.2063.3957.64
Reserves and Surplus83.6971.5464.2058.3952.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)57.7962
Promoter Shareholding (Post-Issue)29.855.8
P/E Ratio15.59
Market Cap₹295.00 Cr.
ROE
ROCE
Debt/Equity
EPS₹18.92
RoNW-52.7421

Shares Offered

In the Development Credit Bank IPO Retail Individual Investors (RII) are offered 2,41,49,125 shares while in Gayatri Projects IPO retail investors are offered 2,41,49,125 shares. Qualified Institutional Buyers (QIB) are offered 3,44,98,750 shares in Development Credit Bank IPO and 14,00,000 shares in Gayatri Projects IPO.

 Development Credit Bank IPOGayatri Projects IPO
Anchor Investor Reservation0 shares
Market Maker Reservation0 shares
QIB3,44,98,750 shares14,00,000 shares
NII1,03,49,625 shares4,20,000 shares
RII2,41,49,125 shares9,80,000 shares
Employee25,02,500 shares1,00,000 shares
Others
Total7,15,00,000 shares29,00,000 shares

Bids Received (Subscription)

Development Credit Bank IPO subscribed in total, whereas Gayatri Projects IPO subscribed .

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Development Credit Bank IPO Vs Gayatri Projects IPO