Comparison between IndoStar Capital Finance IPO and RITES IPO.
IndoStar Capital Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RITES IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IndoStar Capital Finance IPO is up to ₹1,844.00 Cr whereas the issue size of the RITES IPO is up to ₹460.51 Cr. The final issue price of IndoStar Capital Finance IPO is ₹572.00 per share and of RITES IPO is ₹185.00 per share.
| IndoStar Capital Finance IPO | RITES IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹570.00 per share | ₹180.00 per share |
| Issue Price (Upper) | ₹572.00 per share | ₹185.00 per share |
| Issue Price (Final) | ₹572.00 per share | ₹185.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹6.00 per share |
| Discount (Employee) | ₹6.00 per share | |
| Market Lot Size | 26 shares | 80 shares |
| Fresh Issue Size | 1,22,37,762 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹700.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,00,00,000 shares | 2,52,00,000 shares |
| OFS Issue Size (Amount) | up to ₹1,144.00 Cr | up to ₹460.51 Cr |
| Issue Size Total | 3,22,37,762 shares | 2,52,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,844.00 Cr | up to ₹460.51 Cr |
IndoStar Capital Finance IPO opens on May 09, 2018, while RITES IPO opens on Jun 20, 2018. The closing date of IndoStar Capital Finance IPO and RITES IPO is May 11, 2018, and Jun 22, 2018, respectively.
| IndoStar Capital Finance IPO | RITES IPO | |
|---|---|---|
| Anchor Bid Date | May 08, 2018 | |
| Issue Open | May 09, 2018 | Jun 20, 2018 |
| Issue Close | May 11, 2018 | Jun 22, 2018 |
| Basis Of Allotment (Tentative) | May 16, 2018 | |
| Initiation of Refunds (Tentative) | May 17, 2018 | |
| Credit of Share (Tentative) | May 18, 2018 | |
| Listing date (Tentative) | May 21, 2018 | Jul 02, 2018 |
| Anchor Lockin End date 1 | Jun 15, 2018 | |
| Anchor Lockin End date 2 | Aug 14, 2018 |
IndoStar Capital Finance IPO P/E ratio is , as compared to RITES IPO P/E ratio of .
| IndoStar Capital Finance IPO | RITES IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5213.15 Cr. | ₹3700.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IndoStar Capital Finance IPO Retail Individual Investors (RII) are offered 1,12,83,217 shares while in RITES IPO retail investors are offered 1,12,83,217 shares. Qualified Institutional Buyers (QIB) are offered 64,47,552 shares in IndoStar Capital Finance IPO and 1,20,00,000 shares in RITES IPO.
| IndoStar Capital Finance IPO | RITES IPO | |
|---|---|---|
| Anchor Investor Reservation | 96,71,328 shares | |
| Market Maker Reservation | ||
| QIB | 64,47,552 shares | 1,20,00,000 shares |
| NII | 48,35,665 shares | 36,00,000 shares |
| RII | 1,12,83,217 shares | 84,00,000 shares |
| Employee | 12,00,000 shares | |
| Others | ||
| Total | 3,22,37,762 shares | 2,52,00,000 shares |
IndoStar Capital Finance IPO subscribed 6.65x in total, whereas RITES IPO subscribed 66.74x.
| IndoStar Capital Finance IPO | RITES IPO | |
|---|---|---|
| QIB (times) | 16.08x | 71.71x |
| NII (times) | 6.91x | 194.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.17x | 14.24x |
| Employee (times) | 0.96x | |
| Other (times) | ||
| Total (times) | 6.65x | 66.74x |