Comparison between Allahabad Bank FPO and Oriental Bank of Commerce FPO.
Allahabad Bank FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Oriental Bank of Commerce FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Allahabad Bank FPO is up to ₹820.00 Cr whereas the issue size of the Oriental Bank of Commerce FPO is up to ₹1,450.00 Cr. The final issue price of Allahabad Bank FPO is ₹82.00 per share and of Oriental Bank of Commerce FPO is ₹250.00 per share.
| Allahabad Bank FPO | Oriental Bank of Commerce FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | ₹235.00 per share |
| Issue Price (Upper) | ₹82.00 per share | ₹260.00 per share |
| Issue Price (Final) | ₹82.00 per share | ₹250.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 10,00,00,000 shares | 5,80,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹820.00 Cr | up to ₹1,450.00 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 | 10,00,00,000 shares | 5,80,00,000 shares |
| Issue Size Total (Amount) | up to ₹820.00 Cr | up to ₹1,450.00 Cr |
Allahabad Bank FPO opens on Apr 06, 2005, while Oriental Bank of Commerce FPO opens on Apr 25, 2005. The closing date of Allahabad Bank FPO and Oriental Bank of Commerce FPO is Apr 12, 2005, and Apr 29, 2005, respectively.
| Allahabad Bank FPO | Oriental Bank of Commerce FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 06, 2005 | Apr 25, 2005 |
| Issue Close | Apr 12, 2005 | Apr 29, 2005 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 28, 2005 | May 16, 2005 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Allahabad Bank FPO P/E ratio is 6.14, as compared to Oriental Bank of Commerce FPO P/E ratio of 7.02.
| Allahabad Bank FPO | Oriental Bank of Commerce FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 71.16 | 66.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 55.23 | 51.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.14 | 7.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹3662.94 Cr. | ₹6263.49 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.37 | ₹35.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 47.14 | 25.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Allahabad Bank FPO Retail Individual Investors (RII) are offered 2,80,00,000 shares while in Oriental Bank of Commerce FPO retail investors are offered 2,80,00,000 shares. Qualified Institutional Buyers (QIB) are offered 4,00,00,000 shares in Allahabad Bank FPO and 2,32,00,000 shares in Oriental Bank of Commerce FPO.
| Allahabad Bank FPO | Oriental Bank of Commerce FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,00,00,000 shares | 2,32,00,000 shares |
| NII | 1,20,00,000 shares | 69,60,000 shares |
| RII | 2,80,00,000 shares | 1,62,40,000 shares |
| Employee | 1,00,00,000 shares | 58,00,000 shares |
| Others | ||
| Total | 10,00,00,000 shares | 5,80,00,000 shares |
Allahabad Bank FPO subscribed in total, whereas Oriental Bank of Commerce FPO subscribed .