Comparison between Electrosteel Steels IPO and Orient Green Power IPO.
Electrosteel Steels IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Orient Green Power IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Electrosteel Steels IPO is up to ₹285.28 Cr whereas the issue size of the Orient Green Power IPO is up to ₹900.00 Cr. The final issue price of Electrosteel Steels IPO is ₹11.00 per share and of Orient Green Power IPO is ₹47.00 per share.
| Electrosteel Steels IPO | Orient Green Power IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹10.00 per share | ₹47.00 per share |
| Issue Price (Upper) | ₹11.00 per share | ₹55.00 per share |
| Issue Price (Final) | ₹11.00 per share | ₹47.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 125 shares |
| Fresh Issue Size | 25,93,43,616 shares | 19,14,89,361 shares |
| Fresh Issue Size (Amount) | up to ₹285.28 Cr | up to ₹900.00 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 | 25,93,43,616 shares | 19,14,89,361 shares |
| Issue Size Total (Amount) | up to ₹285.28 Cr | up to ₹900.00 Cr |
Electrosteel Steels IPO opens on Sep 21, 2010, while Orient Green Power IPO opens on Sep 21, 2010. The closing date of Electrosteel Steels IPO and Orient Green Power IPO is Sep 24, 2010, and Sep 24, 2010, respectively.
| Electrosteel Steels IPO | Orient Green Power IPO | |
|---|---|---|
| Anchor Bid Date | Sep 20, 2010 | |
| Issue Open | Sep 21, 2010 | Sep 21, 2010 |
| Issue Close | Sep 24, 2010 | Sep 24, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 08, 2010 | Oct 08, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Electrosteel Steels IPO P/E ratio is , as compared to Orient Green Power IPO P/E ratio of .
| Electrosteel Steels IPO | Orient Green Power IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 34.41 | 61.64 | ||||
| Promoter Shareholding (Post-Issue) | 33.84 | 56.07 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2275.20 Cr. | ₹2199.97 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | -3.17 |
In the Electrosteel Steels IPO Retail Individual Investors (RII) are offered 7,78,03,084 shares while in Orient Green Power IPO retail investors are offered 7,78,03,084 shares. Qualified Institutional Buyers (QIB) are offered 15,56,06,170 shares in Electrosteel Steels IPO and 7,11,99,306 shares in Orient Green Power IPO.
| Electrosteel Steels IPO | Orient Green Power IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,45,45,375 shares | |
| Market Maker Reservation | ||
| QIB | 15,56,06,170 shares | 7,11,99,306 shares |
| NII | 2,59,34,362 shares | 2,87,23,404 shares |
| RII | 7,78,03,084 shares | 6,70,21,276 shares |
| Employee | ||
| Others | ||
| Total | 25,93,43,616 shares | 19,14,89,361 shares |
Electrosteel Steels IPO subscribed 8.23x in total, whereas Orient Green Power IPO subscribed 1.07x.
| Electrosteel Steels IPO | Orient Green Power IPO | |
|---|---|---|
| QIB (times) | 5.86x | 2.09x |
| NII (times) | 28.58x | 0.64x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.19x | 0.18x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.23x | 1.07x |
