Comparison between Indosolar IPO and Microsec Financial IPO.
Indosolar IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Microsec Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
| Indosolar IPO | Microsec Financial IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE, NSE |
| Lead Managers | Axis Capital Ltd. | SBI Capital Markets Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | ||
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Indosolar IPO is up to ₹357.00 Cr whereas the issue size of the Microsec Financial IPO is up to ₹147.50 Cr. The final issue price of Indosolar IPO is ₹29.00 per share and of Microsec Financial IPO is ₹118.00 per share.
| Indosolar IPO | Microsec Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | ₹113.00 per share |
| Issue Price (Upper) | ₹32.00 per share | ₹118.00 per share |
| Issue Price (Final) | ₹29.00 per share | ₹118.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 200 shares | 52 shares |
| Fresh Issue Size | 12,31,03,448 shares | 1,25,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹357.00 Cr | up to ₹147.50 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 | 12,31,03,448 shares | 1,25,00,000 shares |
| Issue Size Total (Amount) | up to ₹357.00 Cr | up to ₹147.50 Cr |
Indosolar IPO opens on Sep 13, 2010, while Microsec Financial IPO opens on Sep 17, 2010. The closing date of Indosolar IPO and Microsec Financial IPO is Sep 15, 2010, and Sep 21, 2010, respectively.
| Indosolar IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 13, 2010 | Sep 17, 2010 |
| Issue Close | Sep 15, 2010 | Sep 21, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 29, 2010 | Oct 05, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indosolar IPO P/E ratio is , as compared to Microsec Financial IPO P/E ratio of .
| Indosolar IPO | Microsec Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 97.63 | 90.25 | ||||
| Promoter Shareholding (Post-Issue) | 61.77 | 54.78 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹971.92 Cr. | ₹375.36 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | -46.06 | 19.68 |
In the Indosolar IPO Retail Individual Investors (RII) are offered 4,30,86,207 shares while in Microsec Financial IPO retail investors are offered 4,30,86,207 shares. Qualified Institutional Buyers (QIB) are offered 6,15,51,724 shares in Indosolar IPO and 62,50,000 shares in Microsec Financial IPO.
| Indosolar IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 6,15,51,724 shares | 62,50,000 shares |
| NII | 1,84,65,517 shares | 18,75,000 shares |
| RII | 4,30,86,207 shares | 43,75,000 shares |
| Employee | ||
| Others | ||
| Total | 12,31,03,448 shares | 1,25,00,000 shares |
Indosolar IPO subscribed 1.55x in total, whereas Microsec Financial IPO subscribed 12.20x.
| Indosolar IPO | Microsec Financial IPO | |
|---|---|---|
| QIB (times) | 1.44x | 5.91x |
| NII (times) | 1.30x | 35.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.81x | 11.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.55x | 12.20x |
