Comparison between Polycab India IPO and Spandana Sphoorty Financial IPO.
Polycab India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Spandana Sphoorty Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Polycab India IPO is up to ₹1,345.26 Cr whereas the issue size of the Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr. The final issue price of Polycab India IPO is ₹538.00 per share and of Spandana Sphoorty Financial IPO is ₹856.00 per share.
| Polycab India IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹533.00 per share | ₹853.00 per share |
| Issue Price (Upper) | ₹538.00 per share | ₹856.00 per share |
| Issue Price (Final) | ₹538.00 per share | ₹856.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹53.00 per share | |
| Market Lot Size | 27 shares | 17 shares |
| Fresh Issue Size | 74,40,067 shares | 45,43,385 shares |
| Fresh Issue Size (Amount) | up to ₹400.00 Cr | up to ₹388.91 Cr |
| OFS Issue Size | 1,75,82,000 shares | 93,56,725 shares |
| OFS Issue Size (Amount) | up to ₹945.26 Cr | up to ₹800.94 Cr |
| Issue Size Total | 2,50,22,067 shares | 1,39,00,110 shares |
| Issue Size Total (Amount) | up to ₹1,345.26 Cr | up to ₹1,189.85 Cr |
Polycab India IPO opens on Apr 05, 2019, while Spandana Sphoorty Financial IPO opens on Aug 05, 2019. The closing date of Polycab India IPO and Spandana Sphoorty Financial IPO is Apr 09, 2019, and Aug 07, 2019, respectively.
| Polycab India IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Bid Date | Apr 04, 2019 | Aug 02, 2019 |
| Issue Open | Apr 05, 2019 | Aug 05, 2019 |
| Issue Close | Apr 09, 2019 | Aug 07, 2019 |
| Basis Of Allotment (Tentative) | Apr 12, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Apr 15, 2019 | Aug 14, 2019 |
| Credit of Share (Tentative) | Apr 16, 2019 | Aug 16, 2019 |
| Listing date (Tentative) | Apr 16, 2019 | Aug 19, 2019 |
| Anchor Lockin End date 1 | May 12, 2019 | Sep 13, 2019 |
| Anchor Lockin End date 2 | Jul 11, 2019 | Nov 12, 2019 |
Polycab India IPO P/E ratio is , as compared to Spandana Sphoorty Financial IPO P/E ratio of .
| Polycab India IPO | Spandana Sphoorty Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 78.94 | 81.21 | ||||
| Promoter Shareholding (Post-Issue) | 62.6 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹7997.15 Cr. | ₹5504.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Polycab India IPO Retail Individual Investors (RII) are offered 86,96,474 shares while in Spandana Sphoorty Financial IPO retail investors are offered 86,96,474 shares. Qualified Institutional Buyers (QIB) are offered 49,69,413 shares in Polycab India IPO and 28,05,924 shares in Spandana Sphoorty Financial IPO.
| Polycab India IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 74,54,119 shares | 42,08,886 shares |
| Market Maker Reservation | ||
| QIB | 49,69,413 shares | 28,05,924 shares |
| NII | 37,27,061 shares | 21,04,444 shares |
| RII | 86,96,474 shares | 49,10,368 shares |
| Employee | 1,75,000 shares | |
| Others | ||
| Total | 2,50,22,067 shares | 1,40,29,622 shares |
Polycab India IPO subscribed 51.88x in total, whereas Spandana Sphoorty Financial IPO subscribed 1.05x.
| Polycab India IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| QIB (times) | 92.44x | 3.11x |
| NII (times) | 110.42x | 0.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.50x | 0.09x |
| Employee (times) | 3.19x | |
| Other (times) | ||
| Total (times) | 51.88x | 1.05x |
