Comparison between Jindal Cotex IPO and Pipavav Shipyard IPO.
Jindal Cotex IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pipavav Shipyard IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Jindal Cotex IPO is up to ₹84.40 Cr whereas the issue size of the Pipavav Shipyard IPO is up to ₹498.67 Cr. The final issue price of Jindal Cotex IPO is ₹75.00 per share and of Pipavav Shipyard IPO is ₹58.00 per share.
| Jindal Cotex IPO | Pipavav Shipyard IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹70.00 per share | ₹55.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹60.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹58.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 90 shares | 110 shares |
| Fresh Issue Size | 1,12,53,140 shares | 8,54,50,225 shares |
| Fresh Issue Size (Amount) | up to ₹84.40 Cr | up to ₹498.67 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 | 1,12,53,140 shares | 8,54,50,225 shares |
| Issue Size Total (Amount) | up to ₹84.40 Cr | up to ₹498.67 Cr |
Jindal Cotex IPO opens on Aug 27, 2009, while Pipavav Shipyard IPO opens on Sep 16, 2009. The closing date of Jindal Cotex IPO and Pipavav Shipyard IPO is Sep 01, 2009, and Sep 18, 2009, respectively.
| Jindal Cotex IPO | Pipavav Shipyard IPO | |
|---|---|---|
| Anchor Bid Date | Sep 15, 2009 | |
| Issue Open | Aug 27, 2009 | Sep 16, 2009 |
| Issue Close | Sep 01, 2009 | Sep 18, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 22, 2009 | Oct 09, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jindal Cotex IPO P/E ratio is , as compared to Pipavav Shipyard IPO P/E ratio of .
| Jindal Cotex IPO | Pipavav Shipyard IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 1 | 45.38 | ||||
| Promoter Shareholding (Post-Issue) | 0.55 | 39.56 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹187.50 Cr. | ₹3861.63 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 15.91 | 0.39 |
In the Jindal Cotex IPO Retail Individual Investors (RII) are offered 37,62,500 shares while in Pipavav Shipyard IPO retail investors are offered 37,62,500 shares. Qualified Institutional Buyers (QIB) are offered 53,75,000 shares in Jindal Cotex IPO and 3,56,37,185 shares in Pipavav Shipyard IPO.
| Jindal Cotex IPO | Pipavav Shipyard IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,52,72,950 shares | |
| Market Maker Reservation | ||
| QIB | 53,75,000 shares | 3,56,37,185 shares |
| NII | 16,12,500 shares | 84,85,022 shares |
| RII | 37,62,500 shares | 2,54,55,068 shares |
| Employee | 5,00,000 shares | 6,00,000 shares |
| Others | ||
| Total | 1,12,50,000 shares | 8,54,50,225 shares |
Jindal Cotex IPO subscribed 2.20x in total, whereas Pipavav Shipyard IPO subscribed 6.77x.
| Jindal Cotex IPO | Pipavav Shipyard IPO | |
|---|---|---|
| QIB (times) | 0.66x | 10.63x |
| NII (times) | 5.93x | 14.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.09x | 2.90x |
| Employee (times) | 0.03x | 0.78x |
| Other (times) | ||
| Total (times) | 2.20x | 6.77x |
