Comparison between IRCTC IPO and Prince Pipes IPO.
IRCTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prince Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRCTC IPO is up to ₹637.97 Cr whereas the issue size of the Prince Pipes IPO is up to ₹500.00 Cr. The final issue price of IRCTC IPO is ₹320.00 per share and of Prince Pipes IPO is ₹178.00 per share.
| IRCTC IPO | Prince Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹315.00 per share | ₹177.00 per share |
| Issue Price (Upper) | ₹320.00 per share | ₹178.00 per share |
| Issue Price (Final) | ₹320.00 per share | ₹178.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 40 shares | 84 shares |
| Fresh Issue Size | 0 shares | 1,40,44,943 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹250.00 Cr |
| OFS Issue Size | 2,01,60,000 shares | 1,40,44,942 shares |
| OFS Issue Size (Amount) | up to ₹637.97 Cr | up to ₹250.00 Cr |
| Issue Size Total | 2,01,60,000 shares | 2,80,89,885 shares |
| Issue Size Total (Amount) | up to ₹637.97 Cr | up to ₹500.00 Cr |
IRCTC IPO opens on Sep 30, 2019, while Prince Pipes IPO opens on Dec 18, 2019. The closing date of IRCTC IPO and Prince Pipes IPO is Oct 03, 2019, and Dec 20, 2019, respectively.
| IRCTC IPO | Prince Pipes IPO | |
|---|---|---|
| Anchor Bid Date | Dec 17, 2019 | |
| Issue Open | Sep 30, 2019 | Dec 18, 2019 |
| Issue Close | Oct 03, 2019 | Dec 20, 2019 |
| Basis Of Allotment (Tentative) | Oct 09, 2019 | Dec 26, 2019 |
| Initiation of Refunds (Tentative) | Oct 10, 2019 | Dec 27, 2019 |
| Credit of Share (Tentative) | Oct 11, 2019 | Dec 30, 2019 |
| Listing date (Tentative) | Oct 14, 2019 | Dec 30, 2019 |
| Anchor Lockin End date 1 | Jan 25, 2020 | |
| Anchor Lockin End date 2 | Mar 25, 2020 |
IRCTC IPO P/E ratio is , as compared to Prince Pipes IPO P/E ratio of 18.35.
| IRCTC IPO | Prince Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 90.06 | ||||
| Promoter Shareholding (Post-Issue) | 87.4 | 65.80 | ||||
| P/E Ratio | 18.35 | |||||
| Market Cap | ₹5120.00 Cr. | ₹1958.46 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRCTC IPO Retail Individual Investors (RII) are offered 70,00,000 shares while in Prince Pipes IPO retail investors are offered 70,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,00,00,000 shares in IRCTC IPO and 56,17,977 shares in Prince Pipes IPO.
| IRCTC IPO | Prince Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 84,26,965 shares | |
| Market Maker Reservation | ||
| QIB | 1,00,00,000 shares | 56,17,977 shares |
| NII | 30,00,000 shares | 42,13,483 shares |
| RII | 70,00,000 shares | 98,31,460 shares |
| Employee | 1,60,000 shares | |
| Others | ||
| Total | 2,01,60,000 shares | 2,80,89,885 shares |
IRCTC IPO subscribed 111.91x in total, whereas Prince Pipes IPO subscribed 2.21x.
| IRCTC IPO | Prince Pipes IPO | |
|---|---|---|
| QIB (times) | 108.79x | 3.54x |
| NII (times) | 354.52x | 1.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.83x | 1.89x |
| Employee (times) | 5.81x | |
| Other (times) | ||
| Total (times) | 111.91x | 2.21x |
