Comparison between Aster Silicates IPO and Mandhana Industries IPO.
Aster Silicates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mandhana Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the Mandhana Industries IPO is up to ₹107.90 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of Mandhana Industries IPO is ₹130.00 per share.
| Aster Silicates IPO | Mandhana Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹130.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹130.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 50 shares |
| Fresh Issue Size | 45,00,000 shares | 83,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹53.10 Cr | up to ₹107.90 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 | 45,00,000 shares | 83,00,000 shares |
| Issue Size Total (Amount) | up to ₹53.10 Cr | up to ₹107.90 Cr |
Aster Silicates IPO opens on Jun 24, 2010, while Mandhana Industries IPO opens on Apr 27, 2010. The closing date of Aster Silicates IPO and Mandhana Industries IPO is Jun 28, 2010, and Apr 29, 2010, respectively.
| Aster Silicates IPO | Mandhana Industries IPO | |
|---|---|---|
| Anchor Bid Date | Apr 26, 2010 | |
| Issue Open | Jun 24, 2010 | Apr 27, 2010 |
| Issue Close | Jun 28, 2010 | Apr 29, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 28, 2010 | May 19, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aster Silicates IPO P/E ratio is , as compared to Mandhana Industries IPO P/E ratio of .
| Aster Silicates IPO | Mandhana Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 83.02 | ||||
| Promoter Shareholding (Post-Issue) | 49.8 | 62.21 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹175.36 Cr. | ₹430.61 Cr. | ||||
| ROE | ||||||
| ROCE | 16.36 | 25.18 | ||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 14.18 | 27.35 |
In the Aster Silicates IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in Mandhana Industries IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Aster Silicates IPO and 29,96,150 shares in Mandhana Industries IPO.
| Aster Silicates IPO | Mandhana Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,53,850 shares | |
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 29,96,150 shares |
| NII | 6,75,000 shares | 12,45,000 shares |
| RII | 15,75,000 shares | 29,05,000 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 83,00,000 shares |
Aster Silicates IPO subscribed 4.71x in total, whereas Mandhana Industries IPO subscribed 5.44x.
| Aster Silicates IPO | Mandhana Industries IPO | |
|---|---|---|
| QIB (times) | 0.01x | 7.97x |
| NII (times) | 13.13x | 10.52x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.81x | 2.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.71x | 5.44x |
