Comparison between Garden Reach Shipbuilders IPO and MSTC IPO.
Garden Reach Shipbuilders IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MSTC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Garden Reach Shipbuilders IPO is up to ₹343.59 Cr whereas the issue size of the MSTC IPO is up to ₹211.04 Cr. The final issue price of Garden Reach Shipbuilders IPO is ₹118.00 per share and of MSTC IPO is ₹120.00 per share.
| Garden Reach Shipbuilders IPO | MSTC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹120.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹128.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹5.00 per share | ₹5.50 per share |
| Discount (Employee) | ₹5.00 per share | ₹5.50 per share |
| Market Lot Size | 120 shares | 90 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,92,10,760 shares | 1,76,70,400 shares |
| OFS Issue Size (Amount) | up to ₹343.59 Cr | up to ₹211.04 Cr |
| Issue Size Total | 2,92,10,760 shares | 1,76,70,400 shares |
| Issue Size Total (Amount) | up to ₹343.59 Cr | up to ₹211.04 Cr |
Garden Reach Shipbuilders IPO opens on Sep 24, 2018, while MSTC IPO opens on Mar 13, 2019. The closing date of Garden Reach Shipbuilders IPO and MSTC IPO is Oct 01, 2018, and Mar 20, 2019, respectively.
| Garden Reach Shipbuilders IPO | MSTC IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 24, 2018 | Mar 13, 2019 |
| Issue Close | Oct 01, 2018 | Mar 20, 2019 |
| Basis Of Allotment (Tentative) | Oct 01, 2018 | Mar 25, 2019 |
| Initiation of Refunds (Tentative) | Oct 03, 2018 | Mar 26, 2019 |
| Credit of Share (Tentative) | Oct 03, 2018 | Mar 28, 2019 |
| Listing date (Tentative) | Oct 10, 2018 | Mar 29, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Garden Reach Shipbuilders IPO P/E ratio is , as compared to MSTC IPO P/E ratio of .
| Garden Reach Shipbuilders IPO | MSTC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 89.85 | |||||
| Promoter Shareholding (Post-Issue) | 64.75 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹1351.71 Cr. | ₹844.80 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Garden Reach Shipbuilders IPO Retail Individual Investors (RII) are offered 1,00,23,300 shares while in MSTC IPO retail investors are offered 1,00,23,300 shares. Qualified Institutional Buyers (QIB) are offered 1,43,19,000 shares in Garden Reach Shipbuilders IPO and 1,32,00,000 shares in MSTC IPO.
| Garden Reach Shipbuilders IPO | MSTC IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,43,19,000 shares | 1,32,00,000 shares |
| NII | 42,95,700 shares | 26,40,000 shares |
| RII | 1,00,23,300 shares | 17,60,000 shares |
| Employee | 5,72,760 shares | 70,400 shares |
| Others | ||
| Total | 2,92,10,760 shares | 1,76,70,400 shares |
Garden Reach Shipbuilders IPO subscribed 1.02x in total, whereas MSTC IPO subscribed 1.46x.
| Garden Reach Shipbuilders IPO | MSTC IPO | |
|---|---|---|
| QIB (times) | 1.81x | 1.13x |
| NII (times) | 0.31x | 2.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.24x | 2.95x |
| Employee (times) | 0.14x | 1.54x |
| Other (times) | ||
| Total (times) | 1.02x | 1.46x |
