Comparison between IRB InvIT Fund InvIT and PSP Projects IPO.
IRB InvIT Fund InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PSP Projects 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 PSP Projects IPO is up to ₹211.68 Cr. The final issue price of IRB InvIT Fund InvIT is ₹102.00 per share and of PSP Projects IPO is ₹210.00 per share.
| IRB InvIT Fund InvIT | PSP Projects IPO | |
|---|---|---|
| Face Value | ₹102 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹205.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 70 shares |
| Fresh Issue Size | 46,52,09,336 shares | 72,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹4,745.14 Cr | up to ₹151.20 Cr |
| OFS Issue Size | 2,82,10,664 shares | 28,80,000 shares |
| OFS Issue Size (Amount) | up to ₹287.75 Cr | up to ₹60.48 Cr |
| Issue Size Total | 49,34,20,000 shares | 1,00,80,000 shares |
| Issue Size Total (Amount) | up to ₹5,032.88 Cr | up to ₹211.68 Cr |
IRB InvIT Fund InvIT opens on May 03, 2017, while PSP Projects IPO opens on May 17, 2017. The closing date of IRB InvIT Fund InvIT and PSP Projects IPO is May 05, 2017, and May 19, 2017, respectively.
| IRB InvIT Fund InvIT | PSP Projects IPO | |
|---|---|---|
| Anchor Bid Date | May 16, 2017 | |
| Issue Open | May 03, 2017 | May 17, 2017 |
| Issue Close | May 05, 2017 | May 19, 2017 |
| Basis Of Allotment (Tentative) | May 24, 2017 | |
| Initiation of Refunds (Tentative) | May 26, 2017 | |
| Credit of Share (Tentative) | May 26, 2017 | |
| Listing date (Tentative) | May 18, 2017 | May 29, 2017 |
| Anchor Lockin End date 1 | Jun 23, 2017 | |
| Anchor Lockin End date 2 | Aug 22, 2017 |
IRB InvIT Fund InvIT P/E ratio is , as compared to PSP Projects IPO P/E ratio of .
| IRB InvIT Fund InvIT | PSP Projects IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5921.10 Cr. | ₹756.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRB InvIT Fund InvIT Retail Individual Investors (RII) are offered 0 shares while in PSP Projects IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 16,47,20,000 shares in IRB InvIT Fund InvIT and 30,24,000 shares in PSP Projects IPO.
| IRB InvIT Fund InvIT | PSP Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 20,53,40,000 shares | 45,36,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,47,20,000 shares | 30,24,000 shares |
| NII | 12,33,60,000 shares | 15,12,000 shares |
| RII | 0 shares | 10,08,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 49,34,20,000 shares | 1,00,80,000 shares |
IRB InvIT Fund InvIT subscribed 8.57x in total, whereas PSP Projects IPO subscribed 8.58x.
| IRB InvIT Fund InvIT | PSP Projects IPO | |
|---|---|---|
| QIB (times) | 10.81x | 8.38x |
| NII (times) | 10.39x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.47x | |
| Employee (times) | ||
| Other (times) | 5.89x | |
| Total (times) | 8.57x | 8.58x |
