Comparison between Neogen Chemicals IPO and Spandana Sphoorty Financial IPO.
Neogen Chemicals IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Spandana Sphoorty Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Neogen Chemicals IPO is up to ₹132.35 Cr whereas the issue size of the Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr. The final issue price of Neogen Chemicals IPO is ₹215.00 per share and of Spandana Sphoorty Financial IPO is ₹856.00 per share.
| Neogen Chemicals IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹212.00 per share | ₹853.00 per share |
| Issue Price (Upper) | ₹215.00 per share | ₹856.00 per share |
| Issue Price (Final) | ₹215.00 per share | ₹856.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 65 shares | 17 shares |
| Fresh Issue Size | 32,55,813 shares | 45,43,385 shares |
| Fresh Issue Size (Amount) | up to ₹70.00 Cr | up to ₹388.91 Cr |
| OFS Issue Size | 29,00,000 shares | 93,56,725 shares |
| OFS Issue Size (Amount) | up to ₹62.35 Cr | up to ₹800.94 Cr |
| Issue Size Total | 61,55,813 shares | 1,39,00,110 shares |
| Issue Size Total (Amount) | up to ₹132.35 Cr | up to ₹1,189.85 Cr |
Neogen Chemicals IPO opens on Apr 24, 2019, while Spandana Sphoorty Financial IPO opens on Aug 05, 2019. The closing date of Neogen Chemicals IPO and Spandana Sphoorty Financial IPO is Apr 26, 2019, and Aug 07, 2019, respectively.
| Neogen Chemicals IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Bid Date | Apr 23, 2019 | Aug 02, 2019 |
| Issue Open | Apr 24, 2019 | Aug 05, 2019 |
| Issue Close | Apr 26, 2019 | Aug 07, 2019 |
| Basis Of Allotment (Tentative) | May 03, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | May 06, 2019 | Aug 14, 2019 |
| Credit of Share (Tentative) | May 07, 2019 | Aug 16, 2019 |
| Listing date (Tentative) | May 08, 2019 | Aug 19, 2019 |
| Anchor Lockin End date 1 | Jun 02, 2019 | Sep 13, 2019 |
| Anchor Lockin End date 2 | Aug 01, 2019 | Nov 12, 2019 |
Neogen Chemicals IPO P/E ratio is , as compared to Spandana Sphoorty Financial IPO P/E ratio of .
| Neogen Chemicals IPO | Spandana Sphoorty Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.21 | |||||
| Promoter Shareholding (Post-Issue) | 62.6 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹501.69 Cr. | ₹5504.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Neogen Chemicals IPO Retail Individual Investors (RII) are offered 21,54,535 shares while in Spandana Sphoorty Financial IPO retail investors are offered 21,54,535 shares. Qualified Institutional Buyers (QIB) are offered 12,31,191 shares in Neogen Chemicals IPO and 28,05,924 shares in Spandana Sphoorty Financial IPO.
| Neogen Chemicals IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,46,715 shares | 42,08,886 shares |
| Market Maker Reservation | ||
| QIB | 12,31,191 shares | 28,05,924 shares |
| NII | 9,23,372 shares | 21,04,444 shares |
| RII | 21,54,535 shares | 49,10,368 shares |
| Employee | ||
| Others | ||
| Total | 61,55,813 shares | 1,40,29,622 shares |
Neogen Chemicals IPO subscribed 41.07x in total, whereas Spandana Sphoorty Financial IPO subscribed 1.05x.
| Neogen Chemicals IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| QIB (times) | 30.49x | 3.11x |
| NII (times) | 113.88x | 0.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 15.86x | 0.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 41.07x | 1.05x |