Comparison between Coal India IPO and Prakash Steelage IPO.
Coal India IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prakash Steelage IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Coal India IPO is up to ₹15,199.44 Cr whereas the issue size of the Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Coal India IPO is ₹245.00 per share and of Prakash Steelage IPO is ₹110.00 per share.
| Coal India IPO | Prakash Steelage IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹225.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹245.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹245.00 per share | ₹110.00 per share |
| Discount (Retail) | ₹12.25 per share | ₹0.00 per share |
| Discount (Employee) | ₹12.25 per share | ₹0.00 per share |
| Market Lot Size | 25 shares | 60 shares |
| Fresh Issue Size | 0 shares | 62,50,039 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹68.75 Cr |
| OFS Issue Size | 63,16,36,440 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹15,199.44 Cr | up to ₹0.00 Cr |
| Issue Size Total | 63,16,36,440 shares | 62,50,039 shares |
| Issue Size Total (Amount) | up to ₹15,199.44 Cr | up to ₹68.75 Cr |
Coal India IPO opens on Oct 18, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Coal India IPO and Prakash Steelage IPO is Oct 21, 2010, and Aug 10, 2010, respectively.
| Coal India IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 18, 2010 | Aug 05, 2010 |
| Issue Close | Oct 21, 2010 | Aug 10, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Nov 04, 2010 | Aug 25, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Coal India IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .
| Coal India IPO | Prakash Steelage IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 89.99 | 64.29 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹154750.93 Cr. | ₹192.50 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 38.04 | 35.03 |
In the Coal India IPO Retail Individual Investors (RII) are offered 19,89,65,479 shares while in Prakash Steelage IPO retail investors are offered 19,89,65,479 shares. Qualified Institutional Buyers (QIB) are offered 28,42,36,398 shares in Coal India IPO and 30,75,000 shares in Prakash Steelage IPO.
| Coal India IPO | Prakash Steelage IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 28,42,36,398 shares | 30,75,000 shares |
| NII | 8,52,70,919 shares | 9,22,500 shares |
| RII | 19,89,65,479 shares | 21,52,500 shares |
| Employee | 6,31,63,644 shares | 1,00,000 shares |
| Others | ||
| Total | 63,16,36,440 shares | 62,50,000 shares |
Coal India IPO subscribed 15.28x in total, whereas Prakash Steelage IPO subscribed 4.53x.
| Coal India IPO | Prakash Steelage IPO | |
|---|---|---|
| QIB (times) | 24.70x | 1.27x |
| NII (times) | 25.40x | 10.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.31x | 6.62x |
| Employee (times) | 0.10x | 1.02x |
| Other (times) | ||
| Total (times) | 15.28x | 4.53x |
