Comparison between Mahindra & Mahindra Financial Services IPO and Union Bank of India FPO.
Mahindra & Mahindra Financial Services IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Union Bank of India FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mahindra & Mahindra Financial Services IPO is up to ₹400.00 Cr whereas the issue size of the Union Bank of India FPO is up to ₹495.00 Cr. The final issue price of Mahindra & Mahindra Financial Services IPO is ₹200.00 per share and of Union Bank of India FPO is ₹110.00 per share.
| Mahindra & Mahindra Financial Services IPO | Union Bank of India FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹200.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹200.00 per share | ₹110.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,00,00,000 shares | 4,50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹200.00 Cr | up to ₹495.00 Cr |
| OFS Issue Size | 1,00,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹200.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,00,00,000 shares | 4,50,00,000 shares |
| Issue Size Total (Amount) | up to ₹400.00 Cr | up to ₹495.00 Cr |
Mahindra & Mahindra Financial Services IPO opens on Feb 21, 2006, while Union Bank of India FPO opens on Feb 15, 2006. The closing date of Mahindra & Mahindra Financial Services IPO and Union Bank of India FPO is Feb 24, 2006, and Feb 21, 2006, respectively.
| Mahindra & Mahindra Financial Services IPO | Union Bank of India FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 21, 2006 | Feb 15, 2006 |
| Issue Close | Feb 24, 2006 | Feb 21, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 17, 2006 | Mar 09, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Mahindra & Mahindra Financial Services IPO P/E ratio is 18.48, as compared to Union Bank of India FPO P/E ratio of 7.04.
| Mahindra & Mahindra Financial Services IPO | Union Bank of India FPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 89.78 | 60.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.72 | 55.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.48 | 7.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1720.01 Cr. | ₹5556.30 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.82 | ₹15.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.6 | 23.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Mahindra & Mahindra Financial Services IPO Retail Individual Investors (RII) are offered 60,00,000 shares while in Union Bank of India FPO retail investors are offered 60,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,20,00,000 shares in Mahindra & Mahindra Financial Services IPO and 2,02,50,000 shares in Union Bank of India FPO.
| Mahindra & Mahindra Financial Services IPO | Union Bank of India FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 1,20,00,000 shares | 2,02,50,000 shares |
| NII | 20,00,000 shares | 60,75,000 shares |
| RII | 60,00,000 shares | 1,41,75,000 shares |
| Employee | 0 shares | 45,00,000 shares |
| Others | ||
| Total | 2,00,00,000 shares | 4,50,00,000 shares |
Mahindra & Mahindra Financial Services IPO subscribed in total, whereas Union Bank of India FPO subscribed .
