Comparison between Adani Power IPO and Jindal Cotex IPO.
Adani Power IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jindal Cotex IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Adani Power IPO is up to ₹3,016.52 Cr whereas the issue size of the Jindal Cotex IPO is up to ₹84.40 Cr. The final issue price of Adani Power IPO is ₹100.00 per share and of Jindal Cotex IPO is ₹75.00 per share.
| Adani Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹70.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹75.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹75.00 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 | 65 shares | 90 shares |
| Fresh Issue Size | 30,16,52,031 shares | 1,12,53,140 shares |
| Fresh Issue Size (Amount) | up to ₹3,016.52 Cr | up to ₹84.40 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,16,52,031 shares | 1,12,53,140 shares |
| Issue Size Total (Amount) | up to ₹3,016.52 Cr | up to ₹84.40 Cr |
Adani Power IPO opens on Jul 28, 2009, while Jindal Cotex IPO opens on Aug 27, 2009. The closing date of Adani Power IPO and Jindal Cotex IPO is Jul 31, 2009, and Sep 01, 2009, respectively.
| Adani Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Bid Date | Jul 27, 2009 | |
| Issue Open | Jul 28, 2009 | Aug 27, 2009 |
| Issue Close | Jul 31, 2009 | Sep 01, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 20, 2009 | Sep 22, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adani Power IPO P/E ratio is , as compared to Jindal Cotex IPO P/E ratio of .
| Adani Power IPO | Jindal Cotex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 85.3 | 1 | ||||
| Promoter Shareholding (Post-Issue) | 73.5 | 0.55 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹21800.35 Cr. | ₹187.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 6.58 | 15.91 |
In the Adani Power IPO Retail Individual Investors (RII) are offered 8,80,95,609 shares while in Jindal Cotex IPO retail investors are offered 8,80,95,609 shares. Qualified Institutional Buyers (QIB) are offered 12,33,33,869 shares in Adani Power IPO and 53,75,000 shares in Jindal Cotex IPO.
| Adani Power IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,28,57,350 shares | |
| Market Maker Reservation | ||
| QIB | 12,33,33,869 shares | 53,75,000 shares |
| NII | 2,93,65,203 shares | 16,12,500 shares |
| RII | 8,80,95,609 shares | 37,62,500 shares |
| Employee | 80,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 30,16,52,031 shares | 1,12,50,000 shares |
Adani Power IPO subscribed 17.85x in total, whereas Jindal Cotex IPO subscribed 2.20x.
| Adani Power IPO | Jindal Cotex IPO | |
|---|---|---|
| QIB (times) | 39.48x | 0.66x |
| NII (times) | 8.62x | 5.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.97x | 3.09x |
| Employee (times) | 0.11x | 0.03x |
| Other (times) | ||
| Total (times) | 17.85x | 2.20x |
