Comparison between IRFC IPO and RailTel IPO.
IRFC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RailTel IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRFC IPO is up to ₹4,633.38 Cr whereas the issue size of the RailTel IPO is up to ₹819.24 Cr. The final issue price of IRFC IPO is ₹26.00 per share and of RailTel IPO is ₹94.00 per share.
| IRFC IPO | RailTel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹25.00 per share | ₹93.00 per share |
| Issue Price (Upper) | ₹26.00 per share | ₹94.00 per share |
| Issue Price (Final) | ₹26.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 575 shares | 155 shares |
| Fresh Issue Size | 1,18,80,46,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹3,088.92 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 59,40,23,000 shares | 8,71,53,369 shares |
| OFS Issue Size (Amount) | up to ₹1,544.46 Cr | up to ₹819.24 Cr |
| Issue Size Total | 1,78,20,69,000 shares | 8,71,53,369 shares |
| Issue Size Total (Amount) | up to ₹4,633.38 Cr | up to ₹819.24 Cr |
IRFC IPO opens on Jan 18, 2021, while RailTel IPO opens on Feb 16, 2021. The closing date of IRFC IPO and RailTel IPO is Jan 20, 2021, and Feb 18, 2021, respectively.
| IRFC IPO | RailTel IPO | |
|---|---|---|
| Anchor Bid Date | Jan 15, 2021 | Feb 15, 2021 |
| Issue Open | Jan 18, 2021 | Feb 16, 2021 |
| Issue Close | Jan 20, 2021 | Feb 18, 2021 |
| Basis Of Allotment (Tentative) | Jan 25, 2021 | Feb 23, 2021 |
| Initiation of Refunds (Tentative) | Jan 27, 2021 | Feb 24, 2021 |
| Credit of Share (Tentative) | Jan 28, 2021 | Feb 24, 2021 |
| Listing date (Tentative) | Jan 29, 2021 | Feb 26, 2021 |
| Anchor Lockin End date 1 | Feb 24, 2021 | Mar 25, 2021 |
| Anchor Lockin End date 2 | Apr 25, 2021 | May 24, 2021 |
IRFC IPO P/E ratio is , as compared to RailTel IPO P/E ratio of .
| IRFC IPO | RailTel IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 86 | 72.84 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹33978.12 Cr. | ₹3016.82 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRFC IPO Retail Individual Investors (RII) are offered 62,36,56,843 shares while in RailTel IPO retail investors are offered 62,36,56,843 shares. Qualified Institutional Buyers (QIB) are offered 35,63,75,339 shares in IRFC IPO and 1,73,69,237 shares in RailTel IPO.
| IRFC IPO | RailTel IPO | |
|---|---|---|
| Anchor Investor Reservation | 53,45,63,007 shares | 2,59,57,446 shares |
| Market Maker Reservation | ||
| QIB | 35,63,75,339 shares | 1,73,69,237 shares |
| NII | 26,72,81,504 shares | 1,29,98,006 shares |
| RII | 62,36,56,843 shares | 3,03,28,680 shares |
| Employee | 1,92,307 shares | 5,00,000 shares |
| Others | ||
| Total | 1,78,20,69,000 shares | 8,71,53,369 shares |
IRFC IPO subscribed 3.49x in total, whereas RailTel IPO subscribed 42.39x.
| IRFC IPO | RailTel IPO | |
|---|---|---|
| QIB (times) | 3.78x | 65.14x |
| NII (times) | 2.67x | 73.25x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.66x | 16.78x |
| Employee (times) | 43.76x | 3.35x |
| Other (times) | ||
| Total (times) | 3.49x | 42.39x |
