Comparison between CL Educate IPO and Music Broadcast IPO.
CL Educate IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Music Broadcast IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CL Educate IPO is up to ₹238.95 Cr whereas the issue size of the Music Broadcast IPO is up to ₹488.53 Cr. The final issue price of CL Educate IPO is ₹502.00 per share and of Music Broadcast IPO is ₹333.00 per share.
| CL Educate IPO | Music Broadcast IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹500.00 per share | ₹324.00 per share |
| Issue Price (Upper) | ₹502.00 per share | ₹333.00 per share |
| Issue Price (Final) | ₹502.00 per share | ₹333.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 29 shares | 45 shares |
| Fresh Issue Size | 21,80,119 shares | 1,20,12,012 shares |
| Fresh Issue Size (Amount) | up to ₹109.44 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 25,79,881 shares | 26,58,518 shares |
| OFS Issue Size (Amount) | up to ₹129.51 Cr | up to ₹88.53 Cr |
| Issue Size Total | 47,60,000 shares | 1,46,70,530 shares |
| Issue Size Total (Amount) | up to ₹238.95 Cr | up to ₹488.53 Cr |
CL Educate IPO opens on Mar 20, 2017, while Music Broadcast IPO opens on Mar 06, 2017. The closing date of CL Educate IPO and Music Broadcast IPO is Mar 22, 2017, and Mar 08, 2017, respectively.
| CL Educate IPO | Music Broadcast IPO | |
|---|---|---|
| Anchor Bid Date | Mar 17, 2017 | Mar 03, 2017 |
| Issue Open | Mar 20, 2017 | Mar 06, 2017 |
| Issue Close | Mar 22, 2017 | Mar 08, 2017 |
| Basis Of Allotment (Tentative) | Mar 29, 2017 | Mar 14, 2017 |
| Initiation of Refunds (Tentative) | Mar 29, 2017 | Mar 15, 2017 |
| Credit of Share (Tentative) | Mar 30, 2017 | Mar 16, 2017 |
| Listing date (Tentative) | Mar 31, 2017 | Mar 17, 2017 |
| Anchor Lockin End date 1 | Apr 28, 2017 | Apr 13, 2017 |
| Anchor Lockin End date 2 | Jun 27, 2017 | Jun 12, 2017 |
CL Educate IPO P/E ratio is , as compared to Music Broadcast IPO P/E ratio of .
| CL Educate IPO | Music Broadcast IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹711.00 Cr. | ₹1899.92 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CL Educate IPO Retail Individual Investors (RII) are offered 16,66,000 shares while in Music Broadcast IPO retail investors are offered 16,66,000 shares. Qualified Institutional Buyers (QIB) are offered 9,52,000 shares in CL Educate IPO and 29,34,106 shares in Music Broadcast IPO.
| CL Educate IPO | Music Broadcast IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,28,000 shares | 44,01,158 shares |
| Market Maker Reservation | ||
| QIB | 9,52,000 shares | 29,34,106 shares |
| NII | 7,14,000 shares | 22,00,580 shares |
| RII | 16,66,000 shares | 51,34,686 shares |
| Employee | ||
| Others | ||
| Total | 47,60,000 shares | 1,46,70,530 shares |
CL Educate IPO subscribed 1.90x in total, whereas Music Broadcast IPO subscribed 39.67x.
| CL Educate IPO | Music Broadcast IPO | |
|---|---|---|
| QIB (times) | 3.65x | 39.78x |
| NII (times) | 0.21x | 109.13x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.63x | 9.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.90x | 39.67x |
