Comparison between Electrosteel Steels IPO and Microsec Financial IPO.
Electrosteel Steels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Microsec Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Electrosteel Steels IPO is up to ₹285.28 Cr whereas the issue size of the Microsec Financial IPO is up to ₹147.50 Cr. The final issue price of Electrosteel Steels IPO is ₹11.00 per share and of Microsec Financial IPO is ₹118.00 per share.
| Electrosteel Steels IPO | Microsec Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹10.00 per share | ₹113.00 per share |
| Issue Price (Upper) | ₹11.00 per share | ₹118.00 per share |
| Issue Price (Final) | ₹11.00 per share | ₹118.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 52 shares |
| Fresh Issue Size | 25,93,43,616 shares | 1,25,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹285.28 Cr | up to ₹147.50 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 | 25,93,43,616 shares | 1,25,00,000 shares |
| Issue Size Total (Amount) | up to ₹285.28 Cr | up to ₹147.50 Cr |
Electrosteel Steels IPO opens on Sep 21, 2010, while Microsec Financial IPO opens on Sep 17, 2010. The closing date of Electrosteel Steels IPO and Microsec Financial IPO is Sep 24, 2010, and Sep 21, 2010, respectively.
| Electrosteel Steels IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 21, 2010 | Sep 17, 2010 |
| Issue Close | Sep 24, 2010 | Sep 21, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 08, 2010 | Oct 05, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Electrosteel Steels IPO P/E ratio is , as compared to Microsec Financial IPO P/E ratio of .
| Electrosteel Steels IPO | Microsec Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 34.41 | 90.25 | ||||
| Promoter Shareholding (Post-Issue) | 33.84 | 54.78 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2275.20 Cr. | ₹375.36 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 19.68 |
In the Electrosteel Steels IPO Retail Individual Investors (RII) are offered 7,78,03,084 shares while in Microsec Financial IPO retail investors are offered 7,78,03,084 shares. Qualified Institutional Buyers (QIB) are offered 15,56,06,170 shares in Electrosteel Steels IPO and 62,50,000 shares in Microsec Financial IPO.
| Electrosteel Steels IPO | Microsec Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 15,56,06,170 shares | 62,50,000 shares |
| NII | 2,59,34,362 shares | 18,75,000 shares |
| RII | 7,78,03,084 shares | 43,75,000 shares |
| Employee | ||
| Others | ||
| Total | 25,93,43,616 shares | 1,25,00,000 shares |
Electrosteel Steels IPO subscribed 7.16x in total, whereas Microsec Financial IPO subscribed 12.20x.
| Electrosteel Steels IPO | Microsec Financial IPO | |
|---|---|---|
| QIB (times) | 5.10x | 5.91x |
| NII (times) | 24.85x | 35.88x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.38x | 11.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.16x | 12.20x |
