Comparison between Excel Infoways IPO and Jindal Cotex IPO.
Excel Infoways 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 Excel Infoways IPO is up to ₹48.17 Cr whereas the issue size of the Jindal Cotex IPO is up to ₹84.40 Cr. The final issue price of Excel Infoways IPO is ₹85.00 per share and of Jindal Cotex IPO is ₹75.00 per share.
| Excel Infoways IPO | Jindal Cotex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹70.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹75.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 80 shares | 90 shares |
| Fresh Issue Size | 56,67,079 shares | 1,12,53,140 shares |
| Fresh Issue Size (Amount) | up to ₹48.17 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 | 56,67,079 shares | 1,12,53,140 shares |
| Issue Size Total (Amount) | up to ₹48.17 Cr | up to ₹84.40 Cr |
Excel Infoways IPO opens on Jul 14, 2009, while Jindal Cotex IPO opens on Aug 27, 2009. The closing date of Excel Infoways IPO and Jindal Cotex IPO is Jul 17, 2009, and Sep 01, 2009, respectively.
| Excel Infoways IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 14, 2009 | Aug 27, 2009 |
| Issue Close | Jul 17, 2009 | Sep 01, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 03, 2009 | Sep 22, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Excel Infoways IPO P/E ratio is , as compared to Jindal Cotex IPO P/E ratio of .
| Excel Infoways IPO | Jindal Cotex IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 96.3 | 1 | ||||
| Promoter Shareholding (Post-Issue) | 70.52 | 0.55 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹179.93 Cr. | ₹187.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 27.99 | 15.91 |
In the Excel Infoways IPO Retail Individual Investors (RII) are offered 19,83,450 shares while in Jindal Cotex IPO retail investors are offered 19,83,450 shares. Qualified Institutional Buyers (QIB) are offered 28,33,500 shares in Excel Infoways IPO and 53,75,000 shares in Jindal Cotex IPO.
| Excel Infoways IPO | Jindal Cotex IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 28,33,500 shares | 53,75,000 shares |
| NII | 8,50,050 shares | 16,12,500 shares |
| RII | 19,83,450 shares | 37,62,500 shares |
| Employee | 5,00,000 shares | |
| Others | ||
| Total | 56,67,000 shares | 1,12,50,000 shares |
Excel Infoways IPO subscribed 1.97x in total, whereas Jindal Cotex IPO subscribed 2.20x.
| Excel Infoways IPO | Jindal Cotex IPO | |
|---|---|---|
| QIB (times) | 0.49x | 0.66x |
| NII (times) | 5.31x | 5.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.64x | 3.09x |
| Employee (times) | 0.03x | |
| Other (times) | ||
| Total (times) | 1.97x | 2.20x |
