Comparison between Prakash Steelage IPO and SKS Microfinance IPO.
Prakash Steelage IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SKS Microfinance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Prakash Steelage IPO is up to ₹68.75 Cr whereas the issue size of the SKS Microfinance IPO is up to ₹1,628.78 Cr. The final issue price of Prakash Steelage IPO is ₹110.00 per share and of SKS Microfinance IPO is ₹985.00 per share.
| Prakash Steelage IPO | SKS Microfinance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹850.00 per share |
| Issue Price (Upper) | ₹110.00 per share | ₹985.00 per share |
| Issue Price (Final) | ₹110.00 per share | ₹985.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹50.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 60 shares | 7 shares |
| Fresh Issue Size | 62,50,039 shares | 74,45,323 shares |
| Fresh Issue Size (Amount) | up to ₹68.75 Cr | up to ₹722.20 Cr |
| OFS Issue Size | 0 shares | 93,46,256 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹906.59 Cr |
| Issue Size Total | 62,50,039 shares | 1,67,91,579 shares |
| Issue Size Total (Amount) | up to ₹68.75 Cr | up to ₹1,628.78 Cr |
Prakash Steelage IPO opens on Aug 05, 2010, while SKS Microfinance IPO opens on Jul 28, 2010. The closing date of Prakash Steelage IPO and SKS Microfinance IPO is Aug 10, 2010, and Aug 02, 2010, respectively.
| Prakash Steelage IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Bid Date | Jul 27, 2010 | |
| Issue Open | Aug 05, 2010 | Jul 28, 2010 |
| Issue Close | Aug 10, 2010 | Aug 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 25, 2010 | Aug 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Prakash Steelage IPO P/E ratio is , as compared to SKS Microfinance IPO P/E ratio of .
| Prakash Steelage IPO | SKS Microfinance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 55.8 | ||||
| Promoter Shareholding (Post-Issue) | 64.29 | 37.1 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹192.50 Cr. | ₹7089.30 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 35.03 | 18.4 |
In the Prakash Steelage IPO Retail Individual Investors (RII) are offered 21,52,500 shares while in SKS Microfinance IPO retail investors are offered 21,52,500 shares. Qualified Institutional Buyers (QIB) are offered 30,75,000 shares in Prakash Steelage IPO and 70,52,464 shares in SKS Microfinance IPO.
| Prakash Steelage IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Investor Reservation | 30,22,484 shares | |
| Market Maker Reservation | ||
| QIB | 30,75,000 shares | 70,52,464 shares |
| NII | 9,22,500 shares | 16,79,157 shares |
| RII | 21,52,500 shares | 50,37,474 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 62,50,000 shares | 1,67,91,579 shares |
Prakash Steelage IPO subscribed 4.53x in total, whereas SKS Microfinance IPO subscribed 11.23x.
| Prakash Steelage IPO | SKS Microfinance IPO | |
|---|---|---|
| QIB (times) | 1.27x | 20.38x |
| NII (times) | 10.91x | 18.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 2.81x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 4.53x | 11.23x |
