Comparison between Bajaj Corp IPO and Midfield Industries IPO.
Bajaj Corp IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Midfield Industries IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Bajaj Corp IPO is up to ₹297.00 Cr whereas the issue size of the Midfield Industries IPO is up to ₹59.85 Cr. The final issue price of Bajaj Corp IPO is ₹660.00 per share and of Midfield Industries IPO is ₹133.00 per share.
| Bajaj Corp IPO | Midfield Industries IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹630.00 per share | ₹126.00 per share |
| Issue Price (Upper) | ₹660.00 per share | ₹133.00 per share |
| Issue Price (Final) | ₹660.00 per share | ₹133.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 50 shares |
| Fresh Issue Size | 45,00,000 shares | 45,00,001 shares |
| Fresh Issue Size (Amount) | up to ₹297.00 Cr | up to ₹59.85 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 | 45,00,001 shares |
| Issue Size Total (Amount) | up to ₹297.00 Cr | up to ₹59.85 Cr |
Bajaj Corp IPO opens on Aug 02, 2010, while Midfield Industries IPO opens on Jul 19, 2010. The closing date of Bajaj Corp IPO and Midfield Industries IPO is Aug 05, 2010, and Jul 21, 2010, respectively.
| Bajaj Corp IPO | Midfield Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 30, 2010 | |
| Issue Open | Aug 02, 2010 | Jul 19, 2010 |
| Issue Close | Aug 05, 2010 | Jul 21, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 18, 2010 | Aug 04, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bajaj Corp IPO P/E ratio is , as compared to Midfield Industries IPO P/E ratio of .
| Bajaj Corp IPO | Midfield Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 79.76 | ||||
| Promoter Shareholding (Post-Issue) | 84.75 | 51.77 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1947.00 Cr. | ₹170.52 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 327.66 | 24.16 |
In the Bajaj Corp IPO Retail Individual Investors (RII) are offered 13,50,000 shares while in Midfield Industries IPO retail investors are offered 13,50,000 shares. Qualified Institutional Buyers (QIB) are offered 18,90,000 shares in Bajaj Corp IPO and 22,50,000 shares in Midfield Industries IPO.
| Bajaj Corp IPO | Midfield Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,10,000 shares | |
| Market Maker Reservation | ||
| QIB | 18,90,000 shares | 22,50,000 shares |
| NII | 4,50,000 shares | 6,75,000 shares |
| RII | 13,50,000 shares | 15,75,000 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 45,00,000 shares |
Bajaj Corp IPO subscribed 15.81x in total, whereas Midfield Industries IPO subscribed 12.92x.
| Bajaj Corp IPO | Midfield Industries IPO | |
|---|---|---|
| QIB (times) | 20.19x | 1.86x |
| NII (times) | 53.49x | 48.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 13.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 15.81x | 12.92x |
