Comparison between CL Educate IPO and IRB InvIT Fund InvIT.
CL Educate IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IRB InvIT Fund InvIT is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CL Educate IPO is up to ₹238.95 Cr whereas the issue size of the IRB InvIT Fund InvIT is up to ₹5,032.88 Cr. The final issue price of CL Educate IPO is ₹502.00 per share and of IRB InvIT Fund InvIT is ₹102.00 per share.
| CL Educate IPO | IRB InvIT Fund InvIT | |
|---|---|---|
| Face Value | ₹10 per share | ₹102 per share |
| Issue Price (Lower) | ₹500.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹502.00 per share | ₹102.00 per share |
| Issue Price (Final) | ₹502.00 per share | ₹102.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 29 shares | 10000 shares |
| Fresh Issue Size | 21,80,119 shares | 46,52,09,336 shares |
| Fresh Issue Size (Amount) | up to ₹109.44 Cr | up to ₹4,745.14 Cr |
| OFS Issue Size | 25,79,881 shares | 2,82,10,664 shares |
| OFS Issue Size (Amount) | up to ₹129.51 Cr | up to ₹287.75 Cr |
| Issue Size Total | 47,60,000 shares | 49,34,20,000 shares |
| Issue Size Total (Amount) | up to ₹238.95 Cr | up to ₹5,032.88 Cr |
CL Educate IPO opens on Mar 20, 2017, while IRB InvIT Fund InvIT opens on May 03, 2017. The closing date of CL Educate IPO and IRB InvIT Fund InvIT is Mar 22, 2017, and May 05, 2017, respectively.
| CL Educate IPO | IRB InvIT Fund InvIT | |
|---|---|---|
| Anchor Bid Date | Mar 17, 2017 | |
| Issue Open | Mar 20, 2017 | May 03, 2017 |
| Issue Close | Mar 22, 2017 | May 05, 2017 |
| Basis Of Allotment (Tentative) | Mar 29, 2017 | |
| Initiation of Refunds (Tentative) | Mar 29, 2017 | |
| Credit of Share (Tentative) | Mar 30, 2017 | |
| Listing date (Tentative) | Mar 31, 2017 | May 18, 2017 |
| Anchor Lockin End date 1 | Apr 28, 2017 | |
| Anchor Lockin End date 2 | Jun 27, 2017 |
CL Educate IPO P/E ratio is , as compared to IRB InvIT Fund InvIT P/E ratio of .
| CL Educate IPO | IRB InvIT Fund InvIT | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹711.00 Cr. | ₹5921.10 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CL Educate IPO Retail Individual Investors (RII) are offered 16,66,000 shares while in IRB InvIT Fund InvIT retail investors are offered 16,66,000 shares. Qualified Institutional Buyers (QIB) are offered 9,52,000 shares in CL Educate IPO and 16,47,20,000 shares in IRB InvIT Fund InvIT.
| CL Educate IPO | IRB InvIT Fund InvIT | |
|---|---|---|
| Anchor Investor Reservation | 14,28,000 shares | 20,53,40,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 9,52,000 shares | 16,47,20,000 shares |
| NII | 7,14,000 shares | 12,33,60,000 shares |
| RII | 16,66,000 shares | 0 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 47,60,000 shares | 49,34,20,000 shares |
CL Educate IPO subscribed 1.90x in total, whereas IRB InvIT Fund InvIT subscribed 8.57x.
| CL Educate IPO | IRB InvIT Fund InvIT | |
|---|---|---|
| QIB (times) | 3.65x | 10.81x |
| NII (times) | 0.21x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.63x | |
| Employee (times) | ||
| Other (times) | 5.89x | |
| Total (times) | 1.90x | 8.57x |
