Comparison between Advanta India IPO and Orbit IPO.
Advanta India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orbit IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Advanta India IPO is up to ₹216.32 Cr whereas the issue size of the Orbit IPO is up to ₹100.10 Cr. The final issue price of Advanta India IPO is ₹640.00 per share and of Orbit IPO is ₹110.00 per share.
| Advanta India IPO | Orbit IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹600.00 per share | ₹108.00 per share |
| Issue Price (Upper) | ₹650.00 per share | ₹117.00 per share |
| Issue Price (Final) | ₹640.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10 shares | 50 shares |
| Fresh Issue Size | 33,80,000 shares | 91,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹216.32 Cr | up to ₹100.10 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 | 33,80,000 shares | 91,00,000 shares |
| Issue Size Total (Amount) | up to ₹216.32 Cr | up to ₹100.10 Cr |
Advanta India IPO opens on Mar 26, 2007, while Orbit IPO opens on Mar 20, 2007. The closing date of Advanta India IPO and Orbit IPO is Mar 30, 2007, and Mar 23, 2007, respectively.
| Advanta India IPO | Orbit IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 26, 2007 | Mar 20, 2007 |
| Issue Close | Mar 30, 2007 | Mar 23, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 19, 2007 | Apr 12, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Advanta India IPO P/E ratio is , as compared to Orbit IPO P/E ratio of .
| Advanta India IPO | Orbit IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 82.52 | 80.63 | ||||
| Promoter Shareholding (Post-Issue) | 65.96 | 48.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1077.41 Cr. | ₹499.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.78 | 0.09 |
In the Advanta India IPO Retail Individual Investors (RII) are offered 10,14,000 shares while in Orbit IPO retail investors are offered 10,14,000 shares. Qualified Institutional Buyers (QIB) are offered 20,28,000 shares in Advanta India IPO and 45,50,000 shares in Orbit IPO.
| Advanta India IPO | Orbit IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 20,28,000 shares | 45,50,000 shares |
| NII | 3,38,000 shares | 13,65,000 shares |
| RII | 10,14,000 shares | 31,85,000 shares |
| Employee | ||
| Others | ||
| Total | 33,80,000 shares | 91,00,000 shares |
Advanta India IPO subscribed 3.98x in total, whereas Orbit IPO subscribed 3.85x.
| Advanta India IPO | Orbit IPO | |
|---|---|---|
| QIB (times) | 6.47x | 5.70x |
| NII (times) | 0.20x | 4.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.26x | 0.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.98x | 3.85x |
