Comparison between Bharti Infratel IPO and PGCIL FPO.
Bharti Infratel IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PGCIL FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bharti Infratel IPO is up to ₹4,172.76 Cr whereas the issue size of the PGCIL FPO is up to ₹6,958.64 Cr. The final issue price of Bharti Infratel IPO is ₹220.00 per share and of PGCIL FPO is ₹90.00 per share.
| Bharti Infratel IPO | PGCIL FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹210.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹240.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹220.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹4.50 per share |
| Discount (Employee) | ₹4.50 per share | |
| Market Lot Size | 50 shares | 150 shares |
| Fresh Issue Size | 14,62,34,112 shares | 60,18,64,295 shares |
| Fresh Issue Size (Amount) | up to ₹3,230.28 Cr | up to ₹5,321.31 Cr |
| OFS Issue Size | 4,26,65,888 shares | 18,51,89,014 shares |
| OFS Issue Size (Amount) | up to ₹942.48 Cr | up to ₹1,637.33 Cr |
| Issue Size Total | 18,89,00,000 shares | 78,70,53,309 shares |
| Issue Size Total (Amount) | up to ₹4,172.76 Cr | up to ₹6,958.64 Cr |
Bharti Infratel IPO opens on Dec 11, 2012, while PGCIL FPO opens on Dec 03, 2013. The closing date of Bharti Infratel IPO and PGCIL FPO is Dec 14, 2012, and Dec 06, 2013, respectively.
| Bharti Infratel IPO | PGCIL FPO | |
|---|---|---|
| Anchor Bid Date | Dec 10, 2012 | |
| Issue Open | Dec 11, 2012 | Dec 03, 2013 |
| Issue Close | Dec 14, 2012 | Dec 06, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 28, 2012 | Dec 19, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bharti Infratel IPO P/E ratio is , as compared to PGCIL FPO P/E ratio of .
| Bharti Infratel IPO | PGCIL FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 86.09 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 79.42 | 86.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹41550.14 Cr. | ₹47084.31 Cr. | ||||
| ROE | 5.3 | |||||
| ROCE | 7.8 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.2 | 16.15 |
In the Bharti Infratel IPO Retail Individual Investors (RII) are offered 6,61,15,000 shares while in PGCIL FPO retail investors are offered 6,61,15,000 shares. Qualified Institutional Buyers (QIB) are offered 6,61,15,000 shares in Bharti Infratel IPO and 39,20,26,655 shares in PGCIL FPO.
| Bharti Infratel IPO | PGCIL FPO | |
|---|---|---|
| Anchor Investor Reservation | 2,83,35,000 shares | |
| Market Maker Reservation | ||
| QIB | 6,61,15,000 shares | 39,20,26,655 shares |
| NII | 2,83,35,000 shares | 11,76,07,996 shares |
| RII | 6,61,15,000 shares | 27,44,18,658 shares |
| Employee | 30,00,000 shares | |
| Others | ||
| Total | 18,89,00,000 shares | 78,70,53,309 shares |
Bharti Infratel IPO subscribed 1.30x in total, whereas PGCIL FPO subscribed 6.74x.
| Bharti Infratel IPO | PGCIL FPO | |
|---|---|---|
| QIB (times) | 2.84x | 9.09x |
| NII (times) | 0.29x | 9.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.19x | 2.17x |
| Employee (times) | 1.31x | |
| Other (times) | ||
| Total (times) | 1.30x | 6.74x |
