Comparison between EIL FPO and PGCIL FPO.
EIL FPO 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 EIL FPO is up to ₹497.32 Cr whereas the issue size of the PGCIL FPO is up to ₹6,958.64 Cr. The final issue price of EIL FPO is ₹150.00 per share and of PGCIL FPO is ₹90.00 per share.
| EIL FPO | PGCIL FPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹145.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹150.00 per share | ₹90.00 per share |
| Issue Price (Final) | ₹150.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹6.00 per share | ₹4.50 per share |
| Discount (Employee) | ₹6.00 per share | ₹4.50 per share |
| Market Lot Size | 100 shares | 150 shares |
| Fresh Issue Size | 0 shares | 60,18,64,295 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹5,321.31 Cr |
| OFS Issue Size | 3,36,93,660 shares | 18,51,89,014 shares |
| OFS Issue Size (Amount) | up to ₹497.32 Cr | up to ₹1,637.33 Cr |
| Issue Size Total | 3,36,93,660 shares | 78,70,53,309 shares |
| Issue Size Total (Amount) | up to ₹497.32 Cr | up to ₹6,958.64 Cr |
EIL FPO opens on Feb 06, 2014, while PGCIL FPO opens on Dec 03, 2013. The closing date of EIL FPO and PGCIL FPO is Feb 12, 2014, and Dec 06, 2013, respectively.
| EIL FPO | PGCIL FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 06, 2014 | Dec 03, 2013 |
| Issue Close | Feb 12, 2014 | Dec 06, 2013 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 28, 2014 | Dec 19, 2013 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
EIL FPO P/E ratio is , as compared to PGCIL FPO P/E ratio of .
| EIL FPO | PGCIL FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 80.4 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 70.4 | 86.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5054.05 Cr. | ₹47084.31 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 38.56 | 16.15 |
In the EIL FPO Retail Individual Investors (RII) are offered 1,16,17,781 shares while in PGCIL FPO retail investors are offered 1,16,17,781 shares. Qualified Institutional Buyers (QIB) are offered 1,65,96,830 shares in EIL FPO and 39,20,26,655 shares in PGCIL FPO.
| EIL FPO | PGCIL FPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 1,65,96,830 shares | 39,20,26,655 shares |
| NII | 49,79,049 shares | 11,76,07,996 shares |
| RII | 1,16,17,781 shares | 27,44,18,658 shares |
| Employee | 5,00,000 shares | 30,00,000 shares |
| Others | ||
| Total | 3,36,93,660 shares | 78,70,53,309 shares |
EIL FPO subscribed 2.83x in total, whereas PGCIL FPO subscribed 6.74x.
| EIL FPO | PGCIL FPO | |
|---|---|---|
| QIB (times) | 3.93x | 9.09x |
| NII (times) | 0.23x | 9.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.48x | 2.17x |
| Employee (times) | 0.22x | 1.31x |
| Other (times) | ||
| Total (times) | 2.83x | 6.74x |
