Comparison between Indosolar IPO and Prakash Steelage IPO.
Indosolar IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prakash Steelage IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
| Indosolar IPO | Prakash Steelage 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. | Keynote Financial Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services 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 Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Indosolar IPO is ₹29.00 per share and of Prakash Steelage IPO is ₹110.00 per share.
| Indosolar IPO | Prakash Steelage IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹29.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹32.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹29.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 200 shares | 60 shares |
| Fresh Issue Size | 12,31,03,448 shares | 62,50,039 shares |
| Fresh Issue Size (Amount) | up to ₹357.00 Cr | up to ₹68.75 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 | 62,50,039 shares |
| Issue Size Total (Amount) | up to ₹357.00 Cr | up to ₹68.75 Cr |
Indosolar IPO opens on Sep 13, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Indosolar IPO and Prakash Steelage IPO is Sep 15, 2010, and Aug 10, 2010, respectively.
| Indosolar IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 13, 2010 | Aug 05, 2010 |
| Issue Close | Sep 15, 2010 | Aug 10, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 29, 2010 | Aug 25, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indosolar IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .
| Indosolar IPO | Prakash Steelage IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 97.63 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 61.77 | 64.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹971.92 Cr. | ₹192.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | -46.06 | 35.03 |
In the Indosolar IPO Retail Individual Investors (RII) are offered 4,30,86,207 shares while in Prakash Steelage 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 30,75,000 shares in Prakash Steelage IPO.
| Indosolar IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 6,15,51,724 shares | 30,75,000 shares |
| NII | 1,84,65,517 shares | 9,22,500 shares |
| RII | 4,30,86,207 shares | 21,52,500 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 12,31,03,448 shares | 62,50,000 shares |
Indosolar IPO subscribed 1.55x in total, whereas Prakash Steelage IPO subscribed 4.53x.
| Indosolar IPO | Prakash Steelage IPO | |
|---|---|---|
| QIB (times) | 1.44x | 1.27x |
| NII (times) | 1.30x | 10.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.81x | 6.62x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 1.55x | 4.53x |
