Comparison between Akruti Nirman IPO and Indian Bank IPO.
Akruti Nirman IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indian Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Akruti Nirman IPO is up to ₹361.80 Cr whereas the issue size of the Indian Bank IPO is up to ₹782.15 Cr. The final issue price of Akruti Nirman IPO is ₹540.00 per share and of Indian Bank IPO is ₹91.00 per share.
| Akruti Nirman IPO | Indian Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹475.00 per share | ₹77.00 per share |
| Issue Price (Upper) | ₹540.00 per share | ₹91.00 per share |
| Issue Price (Final) | ₹540.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 12 shares | 75 shares |
| Fresh Issue Size | 67,00,000 shares | 8,59,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹361.80 Cr | up to ₹782.15 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 | 67,00,000 shares | 8,59,50,000 shares |
| Issue Size Total (Amount) | up to ₹361.80 Cr | up to ₹782.15 Cr |
Akruti Nirman IPO opens on Jan 15, 2007, while Indian Bank IPO opens on Feb 05, 2007. The closing date of Akruti Nirman IPO and Indian Bank IPO is Jan 19, 2007, and Feb 09, 2007, respectively.
| Akruti Nirman IPO | Indian Bank IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 15, 2007 | Feb 05, 2007 |
| Issue Close | Jan 19, 2007 | Feb 09, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 07, 2007 | Mar 01, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akruti Nirman IPO P/E ratio is , as compared to Indian Bank IPO P/E ratio of .
| Akruti Nirman IPO | Indian Bank IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 89.96 | 80 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3601.80 Cr. | ₹3910.91 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 59.01 | 23.52 |
In the Akruti Nirman IPO Retail Individual Investors (RII) are offered 20,10,000 shares while in Indian Bank IPO retail investors are offered 20,10,000 shares. Qualified Institutional Buyers (QIB) are offered 40,20,000 shares in Akruti Nirman IPO and 4,64,13,000 shares in Indian Bank IPO.
| Akruti Nirman IPO | Indian Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 40,20,000 shares | 4,64,13,000 shares |
| NII | 6,70,000 shares | 77,35,500 shares |
| RII | 20,10,000 shares | 2,32,06,500 shares |
| Employee | 85,95,000 shares | |
| Others | ||
| Total | 67,00,000 shares | 8,59,50,000 shares |
Akruti Nirman IPO subscribed 81.05x in total, whereas Indian Bank IPO subscribed 32.16x.
| Akruti Nirman IPO | Indian Bank IPO | |
|---|---|---|
| QIB (times) | 118.10x | 56.45x |
| NII (times) | 64.73x | 8.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.40x | 3.18x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 81.05x | 32.16x |
