Comparison between Jindal Cotex IPO and Oil India IPO.
Jindal Cotex IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Oil India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Jindal Cotex IPO is up to ₹84.40 Cr whereas the issue size of the Oil India IPO is up to ₹2,777.25 Cr. The final issue price of Jindal Cotex IPO is ₹75.00 per share and of Oil India IPO is ₹1,050.00 per share.
| Jindal Cotex IPO | Oil India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹70.00 per share | ₹950.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹1,050.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹1,050.00 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 | 90 shares | 6 shares |
| Fresh Issue Size | 1,12,53,140 shares | 2,64,49,982 shares |
| Fresh Issue Size (Amount) | up to ₹84.40 Cr | up to ₹2,777.25 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 | 1,12,53,140 shares | 2,64,49,982 shares |
| Issue Size Total (Amount) | up to ₹84.40 Cr | up to ₹2,777.25 Cr |
Jindal Cotex IPO opens on Aug 27, 2009, while Oil India IPO opens on Sep 07, 2009. The closing date of Jindal Cotex IPO and Oil India IPO is Sep 01, 2009, and Sep 10, 2009, respectively.
| Jindal Cotex IPO | Oil India IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 27, 2009 | Sep 07, 2009 |
| Issue Close | Sep 01, 2009 | Sep 10, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 22, 2009 | Sep 30, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jindal Cotex IPO P/E ratio is , as compared to Oil India IPO P/E ratio of .
| Jindal Cotex IPO | Oil India IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 1 | 98.13 | ||||
| Promoter Shareholding (Post-Issue) | 0.55 | 78.43 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹187.50 Cr. | ₹25247.71 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 15.91 | 23.77 |
In the Jindal Cotex IPO Retail Individual Investors (RII) are offered 37,62,500 shares while in Oil India IPO retail investors are offered 37,62,500 shares. Qualified Institutional Buyers (QIB) are offered 53,75,000 shares in Jindal Cotex IPO and 1,44,27,263 shares in Oil India IPO.
| Jindal Cotex IPO | Oil India IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 53,75,000 shares | 1,44,27,263 shares |
| NII | 16,12,500 shares | 24,04,544 shares |
| RII | 37,62,500 shares | 72,13,631 shares |
| Employee | 5,00,000 shares | 24,04,544 shares |
| Others | ||
| Total | 1,12,50,000 shares | 2,64,49,982 shares |
Jindal Cotex IPO subscribed 2.20x in total, whereas Oil India IPO subscribed 30.82x.
| Jindal Cotex IPO | Oil India IPO | |
|---|---|---|
| QIB (times) | 0.66x | 53.83x |
| NII (times) | 5.93x | 10.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.09x | 1.76x |
| Employee (times) | 0.03x | 0.27x |
| Other (times) | ||
| Total (times) | 2.20x | 30.82x |
