Comparison between Fortis Healthcare IPO and Orbit IPO.
Fortis Healthcare 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 Fortis Healthcare IPO is up to ₹494.14 Cr whereas the issue size of the Orbit IPO is up to ₹100.10 Cr. The final issue price of Fortis Healthcare IPO is ₹108.00 per share and of Orbit IPO is ₹110.00 per share.
| Fortis Healthcare IPO | Orbit IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹92.00 per share | ₹108.00 per share |
| Issue Price (Upper) | ₹110.00 per share | ₹117.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 50 shares |
| Fresh Issue Size | 4,57,53,963 shares | 91,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹494.14 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 | 4,57,53,963 shares | 91,00,000 shares |
| Issue Size Total (Amount) | up to ₹494.14 Cr | up to ₹100.10 Cr |
Fortis Healthcare IPO opens on Apr 16, 2007, while Orbit IPO opens on Mar 20, 2007. The closing date of Fortis Healthcare IPO and Orbit IPO is Apr 20, 2007, and Mar 23, 2007, respectively.
| Fortis Healthcare IPO | Orbit IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 16, 2007 | Mar 20, 2007 |
| Issue Close | Apr 20, 2007 | Mar 23, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 09, 2007 | Apr 12, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fortis Healthcare IPO P/E ratio is , as compared to Orbit IPO P/E ratio of .
| Fortis Healthcare IPO | Orbit IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 93.37 | 80.63 | ||||
| Promoter Shareholding (Post-Issue) | 74.45 | 48.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2448.00 Cr. | ₹499.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | -34 | 0.09 |
In the Fortis Healthcare IPO Retail Individual Investors (RII) are offered 1,37,26,189 shares while in Orbit IPO retail investors are offered 1,37,26,189 shares. Qualified Institutional Buyers (QIB) are offered 2,74,52,378 shares in Fortis Healthcare IPO and 45,50,000 shares in Orbit IPO.
| Fortis Healthcare IPO | Orbit IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 2,74,52,378 shares | 45,50,000 shares |
| NII | 45,75,396 shares | 13,65,000 shares |
| RII | 1,37,26,189 shares | 31,85,000 shares |
| Employee | ||
| Others | ||
| Total | 4,57,53,963 shares | 91,00,000 shares |
Fortis Healthcare IPO subscribed 2.78x in total, whereas Orbit IPO subscribed 3.85x.
| Fortis Healthcare IPO | Orbit IPO | |
|---|---|---|
| QIB (times) | 2.72x | 5.70x |
| NII (times) | 1.74x | 4.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.25x | 0.89x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.78x | 3.85x |
