Comparison between Nelcast IPO and Nitin Fire Protection IPO.
Nelcast IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nitin Fire Protection IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Nelcast IPO is up to ₹95.27 Cr whereas the issue size of the Nitin Fire Protection IPO is up to ₹64.47 Cr. The final issue price of Nelcast IPO is ₹219.00 per share and of Nitin Fire Protection IPO is ₹190.00 per share.
| Nelcast IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹195.00 per share | ₹171.00 per share |
| Issue Price (Upper) | ₹219.00 per share | ₹190.00 per share |
| Issue Price (Final) | ₹219.00 per share | ₹190.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 30 shares | 35 shares |
| Fresh Issue Size | 43,50,240 shares | 33,93,141 shares |
| Fresh Issue Size (Amount) | up to ₹95.27 Cr | up to ₹64.47 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 | 43,50,240 shares | 33,93,141 shares |
| Issue Size Total (Amount) | up to ₹95.27 Cr | up to ₹64.47 Cr |
Nelcast IPO opens on Jun 04, 2007, while Nitin Fire Protection IPO opens on May 15, 2007. The closing date of Nelcast IPO and Nitin Fire Protection IPO is Jun 08, 2007, and May 18, 2007, respectively.
| Nelcast IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 04, 2007 | May 15, 2007 |
| Issue Close | Jun 08, 2007 | May 18, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 27, 2007 | Jun 05, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nelcast IPO P/E ratio is , as compared to Nitin Fire Protection IPO P/E ratio of .
| Nelcast IPO | Nitin Fire Protection IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 91.19 | 95.06 | ||||
| Promoter Shareholding (Post-Issue) | 68.39 | 69.49 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹381.06 Cr. | ₹239.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 45.29 | 14.08 |
In the Nelcast IPO Retail Individual Investors (RII) are offered 15,22,500 shares while in Nitin Fire Protection IPO retail investors are offered 15,22,500 shares. Qualified Institutional Buyers (QIB) are offered 21,75,000 shares in Nelcast IPO and 16,20,000 shares in Nitin Fire Protection IPO.
| Nelcast IPO | Nitin Fire Protection IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 21,75,000 shares | 16,20,000 shares |
| NII | 6,52,500 shares | 4,86,000 shares |
| RII | 15,22,500 shares | 11,34,000 shares |
| Employee | 1,50,000 shares | |
| Others | ||
| Total | 43,50,000 shares | 33,90,000 shares |
Nelcast IPO subscribed 7.36x in total, whereas Nitin Fire Protection IPO subscribed 48.56x.
| Nelcast IPO | Nitin Fire Protection IPO | |
|---|---|---|
| QIB (times) | 11.22x | 49.91x |
| NII (times) | 0.93x | 101.32x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.59x | 30.29x |
| Employee (times) | 1.11x | |
| Other (times) | ||
| Total (times) | 7.36x | 48.56x |
