Comparison between Microsec Financial IPO and Tecpro Systems IPO.
Microsec Financial IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tecpro Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Microsec Financial IPO is up to ₹147.50 Cr whereas the issue size of the Tecpro Systems IPO is up to ₹267.91 Cr. The final issue price of Microsec Financial IPO is ₹118.00 per share and of Tecpro Systems IPO is ₹355.00 per share.
| Microsec Financial IPO | Tecpro Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹113.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹355.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹355.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹17.00 per share | |
| Market Lot Size | 52 shares | 15 shares |
| Fresh Issue Size | 1,25,00,000 shares | 62,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹147.50 Cr | up to ₹221.78 Cr |
| OFS Issue Size | 0 shares | 13,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹46.13 Cr |
| Issue Size Total | 1,25,00,000 shares | 75,50,000 shares |
| Issue Size Total (Amount) | up to ₹147.50 Cr | up to ₹267.91 Cr |
Microsec Financial IPO opens on Sep 17, 2010, while Tecpro Systems IPO opens on Sep 23, 2010. The closing date of Microsec Financial IPO and Tecpro Systems IPO is Sep 21, 2010, and Sep 28, 2010, respectively.
| Microsec Financial IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2010 | |
| Issue Open | Sep 17, 2010 | Sep 23, 2010 |
| Issue Close | Sep 21, 2010 | Sep 28, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 05, 2010 | Oct 12, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Microsec Financial IPO P/E ratio is , as compared to Tecpro Systems IPO P/E ratio of .
| Microsec Financial IPO | Tecpro Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 90.25 | 60.03 | ||||
| Promoter Shareholding (Post-Issue) | 54.78 | 52.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹375.36 Cr. | ₹1791.82 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 19.68 | 32.04 |
In the Microsec Financial IPO Retail Individual Investors (RII) are offered 43,75,000 shares while in Tecpro Systems IPO retail investors are offered 43,75,000 shares. Qualified Institutional Buyers (QIB) are offered 62,50,000 shares in Microsec Financial IPO and 30,87,000 shares in Tecpro Systems IPO.
| Microsec Financial IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,23,000 shares | |
| Market Maker Reservation | ||
| QIB | 62,50,000 shares | 30,87,000 shares |
| NII | 18,75,000 shares | 7,35,000 shares |
| RII | 43,75,000 shares | 22,05,000 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 1,25,00,000 shares | 75,50,000 shares |
Microsec Financial IPO subscribed 12.20x in total, whereas Tecpro Systems IPO subscribed 20.19x.
| Microsec Financial IPO | Tecpro Systems IPO | |
|---|---|---|
| QIB (times) | 5.91x | 27.99x |
| NII (times) | 35.88x | 62.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.04x | 9.07x |
| Employee (times) | 0.35x | |
| Other (times) | ||
| Total (times) | 12.20x | 20.19x |
