Comparison between Indiabulls Power IPO and Jindal Cotex IPO.
Indiabulls Power IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jindal Cotex IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Indiabulls Power IPO is up to ₹1,758.15 Cr whereas the issue size of the Jindal Cotex IPO is up to ₹84.40 Cr. The final issue price of Indiabulls Power IPO is ₹45.00 per share and of Jindal Cotex IPO is ₹75.00 per share.
| Indiabulls Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹40.00 per share | ₹70.00 per share |
| Issue Price (Upper) | ₹45.00 per share | ₹75.00 per share |
| Issue Price (Final) | ₹45.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 150 shares | 90 shares |
| Fresh Issue Size | 39,07,00,000 shares | 1,12,53,140 shares |
| Fresh Issue Size (Amount) | up to ₹1,758.15 Cr | up to ₹84.40 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 | 39,07,00,000 shares | 1,12,53,140 shares |
| Issue Size Total (Amount) | up to ₹1,758.15 Cr | up to ₹84.40 Cr |
Indiabulls Power IPO opens on Oct 12, 2009, while Jindal Cotex IPO opens on Aug 27, 2009. The closing date of Indiabulls Power IPO and Jindal Cotex IPO is Oct 15, 2009, and Sep 01, 2009, respectively.
| Indiabulls Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Bid Date | Oct 09, 2009 | |
| Issue Open | Oct 12, 2009 | Aug 27, 2009 |
| Issue Close | Oct 15, 2009 | Sep 01, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 30, 2009 | Sep 22, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indiabulls Power IPO P/E ratio is , as compared to Jindal Cotex IPO P/E ratio of .
| Indiabulls Power IPO | Jindal Cotex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 1 | ||||
| Promoter Shareholding (Post-Issue) | 59.23 | 0.55 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹9223.65 Cr. | ₹187.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 4.6 | 15.91 |
In the Indiabulls Power IPO Retail Individual Investors (RII) are offered 11,72,10,000 shares while in Jindal Cotex IPO retail investors are offered 11,72,10,000 shares. Qualified Institutional Buyers (QIB) are offered 17,32,56,000 shares in Indiabulls Power IPO and 53,75,000 shares in Jindal Cotex IPO.
| Indiabulls Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,11,64,000 shares | |
| Market Maker Reservation | ||
| QIB | 17,32,56,000 shares | 53,75,000 shares |
| NII | 3,90,70,000 shares | 16,12,500 shares |
| RII | 11,72,10,000 shares | 37,62,500 shares |
| Employee | 5,00,000 shares | |
| Others | ||
| Total | 39,07,00,000 shares | 1,12,50,000 shares |
Indiabulls Power IPO subscribed 15.58x in total, whereas Jindal Cotex IPO subscribed 2.20x.
| Indiabulls Power IPO | Jindal Cotex IPO | |
|---|---|---|
| QIB (times) | 33.36x | 0.66x |
| NII (times) | 5.01x | 5.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.95x | 3.09x |
| Employee (times) | 0.03x | |
| Other (times) | ||
| Total (times) | 15.58x | 2.20x |
