Comparison between Persistent Systems IPO and Pradip Overseas IPO.
Persistent Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pradip Overseas 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 Pradip Overseas IPO is up to ₹116.60 Cr. The final issue price of Persistent Systems IPO is ₹310.00 per share and of Pradip Overseas IPO is ₹110.00 per share.
| Persistent Systems IPO | Pradip Overseas IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹290.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹310.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹310.00 per share | ₹110.00 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 | 20 shares | 60 shares |
| Fresh Issue Size | 41,39,000 shares | 1,06,00,049 shares |
| Fresh Issue Size (Amount) | up to ₹128.31 Cr | up to ₹116.60 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 | 1,06,00,049 shares |
| Issue Size Total (Amount) | up to ₹168.01 Cr | up to ₹116.60 Cr |
Persistent Systems IPO opens on Mar 17, 2010, while Pradip Overseas IPO opens on Mar 11, 2010. The closing date of Persistent Systems IPO and Pradip Overseas IPO is Mar 19, 2010, and Mar 15, 2010, respectively.
| Persistent Systems IPO | Pradip Overseas IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 17, 2010 | Mar 11, 2010 |
| Issue Close | Mar 19, 2010 | Mar 15, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 06, 2010 | Apr 05, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Persistent Systems IPO P/E ratio is , as compared to Pradip Overseas IPO P/E ratio of .
| Persistent Systems IPO | Pradip Overseas IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 43.34 | 80.06 | ||||
| Promoter Shareholding (Post-Issue) | 0.3885 | 59.03 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1240.00 Cr. | ₹444.03 Cr. | ||||
| ROE | 18.5 | |||||
| ROCE | 42.8 | 29 | ||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 18.55 | 32.75 |
In the Persistent Systems IPO Retail Individual Investors (RII) are offered 14,63,319 shares while in Pradip Overseas IPO retail investors are offered 14,63,319 shares. Qualified Institutional Buyers (QIB) are offered 29,26,638 shares in Persistent Systems IPO and 50,50,000 shares in Pradip Overseas IPO.
| Persistent Systems IPO | Pradip Overseas IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 29,26,638 shares | 50,50,000 shares |
| NII | 4,87,773 shares | 15,15,000 shares |
| RII | 14,63,319 shares | 35,35,000 shares |
| Employee | 5,41,976 shares | 5,00,000 shares |
| Others | ||
| Total | 54,19,706 shares | 1,06,00,000 shares |
Persistent Systems IPO subscribed 93.60x in total, whereas Pradip Overseas IPO subscribed 14.08x.
| Persistent Systems IPO | Pradip Overseas IPO | |
|---|---|---|
| QIB (times) | 144.43x | 8.57x |
| NII (times) | 107.73x | 45.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 21.69x | 10.53x |
| Employee (times) | 0.61x | 0.09x |
| Other (times) | ||
| Total (times) | 93.60x | 14.08x |
