Comparison between IndoStar Capital Finance IPO and Varroc Engineering IPO.
IndoStar Capital Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varroc Engineering 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 Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of IndoStar Capital Finance IPO is ₹572.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| IndoStar Capital Finance IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹570.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹572.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹572.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 26 shares | 15 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 | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹1,144.00 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 3,22,37,762 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹1,844.00 Cr | up to ₹1,955.18 Cr |
IndoStar Capital Finance IPO opens on May 09, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of IndoStar Capital Finance IPO and Varroc Engineering IPO is May 11, 2018, and Jun 28, 2018, respectively.
| IndoStar Capital Finance IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | May 08, 2018 | Jun 25, 2018 |
| Issue Open | May 09, 2018 | Jun 26, 2018 |
| Issue Close | May 11, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | May 16, 2018 | Jul 03, 2018 |
| Initiation of Refunds (Tentative) | May 17, 2018 | Jul 04, 2018 |
| Credit of Share (Tentative) | May 18, 2018 | Jul 05, 2018 |
| Listing date (Tentative) | May 21, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Jun 15, 2018 | Aug 02, 2018 |
| Anchor Lockin End date 2 | Aug 14, 2018 | Oct 01, 2018 |
IndoStar Capital Finance IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| IndoStar Capital Finance IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5213.15 Cr. | ₹13036.27 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 Varroc Engineering 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 40,24,346 shares in Varroc Engineering IPO.
| IndoStar Capital Finance IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 96,71,328 shares | 60,36,518 shares |
| Market Maker Reservation | ||
| QIB | 64,47,552 shares | 40,24,346 shares |
| NII | 48,35,665 shares | 30,18,260 shares |
| RII | 1,12,83,217 shares | 70,42,606 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 3,22,37,762 shares | 2,02,21,730 shares |
IndoStar Capital Finance IPO subscribed 6.65x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| IndoStar Capital Finance IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 16.08x | 9.15x |
| NII (times) | 6.91x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.17x | 0.84x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 6.65x | 3.54x |
