Idea Cellular IPO vs Redington IPO

Comparison between Idea Cellular IPO and Redington IPO.

IPO Details

Idea Cellular IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Redington IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Idea Cellular IPO is up to ₹2,443.75 Cr whereas the issue size of the Redington IPO is up to ₹149.51 Cr. The final issue price of Idea Cellular IPO is ₹75.00 per share and of Redington IPO is ₹113.00 per share.

 Idea Cellular IPORedington IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹65.00 per share₹95.00 per share
Issue Price (Upper)₹75.00 per share₹113.00 per share
Issue Price (Final)₹75.00 per share₹113.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size90 shares60 shares
Fresh Issue Size32,58,33,333 shares1,32,31,000 shares
Fresh Issue Size (Amount)up to ₹2,443.75 Crup to ₹149.51 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total32,58,33,333 shares1,32,31,000 shares
Issue Size Total (Amount)up to ₹2,443.75 Crup to ₹149.51 Cr

IPO Timetable

Idea Cellular IPO opens on Feb 12, 2007, while Redington IPO opens on Jan 22, 2007. The closing date of Idea Cellular IPO and Redington IPO is Feb 15, 2007, and Jan 25, 2007, respectively.

Financials & KPIs

Idea Cellular IPO P/E ratio is , as compared to Redington IPO P/E ratio of .

 Idea Cellular IPORedington IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)65.852.45
Promoter Shareholding (Post-Issue)58.643.54
P/E Ratio
Market Cap₹19765.20 Cr.₹879.88 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW18.08

Shares Offered

In the Idea Cellular IPO Retail Individual Investors (RII) are offered 9,57,50,000 shares while in Redington IPO retail investors are offered 9,57,50,000 shares. Qualified Institutional Buyers (QIB) are offered 19,15,00,000 shares in Idea Cellular IPO and 79,38,600 shares in Redington IPO.

 Idea Cellular IPORedington IPO
Anchor Investor Reservation
Market Maker Reservation
QIB19,15,00,000 shares79,38,600 shares
NII3,19,16,667 shares13,23,100 shares
RII9,57,50,000 shares39,69,300 shares
Employee66,66,666 shares
Others
Total32,58,33,333 shares1,32,31,000 shares

Bids Received (Subscription)

Idea Cellular IPO subscribed 49.66x in total, whereas Redington IPO subscribed 43.27x.

 Idea Cellular IPORedington IPO
QIB (times)78.68x59.06x
NII (times)22.82x41.81x
Big NII (times)
Small NII (times)
RII (times)3.87x12.16x
Employee (times)2.25x
Other (times)
Total (times)49.66x43.27x

Compare with others

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Idea Cellular IPO Vs Redington IPO