Comparison between IRB InvIT Fund InvIT and Music Broadcast IPO.
IRB InvIT Fund InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Music Broadcast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRB InvIT Fund InvIT is up to ₹5,032.88 Cr whereas the issue size of the Music Broadcast IPO is up to ₹488.53 Cr. The final issue price of IRB InvIT Fund InvIT is ₹102.00 per share and of Music Broadcast IPO is ₹333.00 per share.
| IRB InvIT Fund InvIT | Music Broadcast IPO | |
|---|---|---|
| Face Value | ₹102 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹324.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹333.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹333.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 45 shares |
| Fresh Issue Size | 46,52,09,336 shares | 1,20,12,012 shares |
| Fresh Issue Size (Amount) | up to ₹4,745.14 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 2,82,10,664 shares | 26,58,518 shares |
| OFS Issue Size (Amount) | up to ₹287.75 Cr | up to ₹88.53 Cr |
| Issue Size Total | 49,34,20,000 shares | 1,46,70,530 shares |
| Issue Size Total (Amount) | up to ₹5,032.88 Cr | up to ₹488.53 Cr |
IRB InvIT Fund InvIT opens on May 03, 2017, while Music Broadcast IPO opens on Mar 06, 2017. The closing date of IRB InvIT Fund InvIT and Music Broadcast IPO is May 05, 2017, and Mar 08, 2017, respectively.
| IRB InvIT Fund InvIT | Music Broadcast IPO | |
|---|---|---|
| Anchor Bid Date | Mar 03, 2017 | |
| Issue Open | May 03, 2017 | Mar 06, 2017 |
| Issue Close | May 05, 2017 | Mar 08, 2017 |
| Basis Of Allotment (Tentative) | Mar 14, 2017 | |
| Initiation of Refunds (Tentative) | Mar 15, 2017 | |
| Credit of Share (Tentative) | Mar 16, 2017 | |
| Listing date (Tentative) | May 18, 2017 | Mar 17, 2017 |
| Anchor Lockin End date 1 | Apr 13, 2017 | |
| Anchor Lockin End date 2 | Jun 12, 2017 |
IRB InvIT Fund InvIT P/E ratio is , as compared to Music Broadcast IPO P/E ratio of .
| IRB InvIT Fund InvIT | Music Broadcast IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5921.10 Cr. | ₹1899.92 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRB InvIT Fund InvIT Retail Individual Investors (RII) are offered 0 shares while in Music Broadcast IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 16,47,20,000 shares in IRB InvIT Fund InvIT and 29,34,106 shares in Music Broadcast IPO.
| IRB InvIT Fund InvIT | Music Broadcast IPO | |
|---|---|---|
| Anchor Investor Reservation | 20,53,40,000 shares | 44,01,158 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,47,20,000 shares | 29,34,106 shares |
| NII | 12,33,60,000 shares | 22,00,580 shares |
| RII | 0 shares | 51,34,686 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 49,34,20,000 shares | 1,46,70,530 shares |
IRB InvIT Fund InvIT subscribed 8.57x in total, whereas Music Broadcast IPO subscribed 39.67x.
| IRB InvIT Fund InvIT | Music Broadcast IPO | |
|---|---|---|
| QIB (times) | 10.81x | 39.78x |
| NII (times) | 109.13x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.85x | |
| Employee (times) | ||
| Other (times) | 5.89x | |
| Total (times) | 8.57x | 39.67x |
