Comparison between Persistent Systems IPO and United Bank of India IPO.
Persistent Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while United Bank of India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Persistent Systems IPO is up to ₹168.01 Cr whereas the issue size of the United Bank of India IPO is up to ₹325.15 Cr. The final issue price of Persistent Systems IPO is ₹310.00 per share and of United Bank of India IPO is ₹66.00 per share.
| Persistent Systems IPO | United Bank of India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹290.00 per share | ₹60.00 per share |
| Issue Price (Upper) | ₹310.00 per share | ₹66.00 per share |
| Issue Price (Final) | ₹310.00 per share | ₹66.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹3.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹3.00 per share |
| Market Lot Size | 20 shares | 100 shares |
| Fresh Issue Size | 41,39,000 shares | 5,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹128.31 Cr | up to ₹325.15 Cr |
| OFS Issue Size | 12,80,706 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹39.70 Cr | up to ₹0.00 Cr |
| Issue Size Total | 54,19,706 shares | 5,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹168.01 Cr | up to ₹325.15 Cr |
Persistent Systems IPO opens on Mar 17, 2010, while United Bank of India IPO opens on Feb 23, 2010. The closing date of Persistent Systems IPO and United Bank of India IPO is Mar 19, 2010, and Feb 25, 2010, respectively.
| Persistent Systems IPO | United Bank of India IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 17, 2010 | Feb 23, 2010 |
| Issue Close | Mar 19, 2010 | Feb 25, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 06, 2010 | Mar 18, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Persistent Systems IPO P/E ratio is , as compared to United Bank of India IPO P/E ratio of .
| Persistent Systems IPO | United Bank of India IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 43.34 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 0.3885 | 84.2 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1240.00 Cr. | ₹2088.44 Cr. | ||||
| ROE | 18.5 | |||||
| ROCE | 42.8 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 18.55 | 14.13 |
In the Persistent Systems IPO Retail Individual Investors (RII) are offered 14,63,319 shares while in United Bank of India IPO retail investors are offered 14,63,319 shares. Qualified Institutional Buyers (QIB) are offered 29,26,638 shares in Persistent Systems IPO and 2,85,00,000 shares in United Bank of India IPO.
| Persistent Systems IPO | United Bank of India IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 29,26,638 shares | 2,85,00,000 shares |
| NII | 4,87,773 shares | 47,50,000 shares |
| RII | 14,63,319 shares | 1,42,50,000 shares |
| Employee | 5,41,976 shares | 25,00,000 shares |
| Others | ||
| Total | 54,19,706 shares | 5,00,00,000 shares |
Persistent Systems IPO subscribed 93.60x in total, whereas United Bank of India IPO subscribed 33.38x.
| Persistent Systems IPO | United Bank of India IPO | |
|---|---|---|
| QIB (times) | 144.43x | 47.08x |
| NII (times) | 107.73x | 39.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 21.69x | 9.80x |
| Employee (times) | 0.61x | 0.53x |
| Other (times) | ||
| Total (times) | 93.60x | 33.38x |
