Prince Pipes IPO vs Rossari Biotech IPO

Comparison between Prince Pipes IPO and Rossari Biotech IPO.

IPO Details

Prince Pipes IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rossari Biotech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Prince Pipes IPO is up to ₹500.00 Cr whereas the issue size of the Rossari Biotech IPO is up to ₹496.25 Cr. The final issue price of Prince Pipes IPO is ₹178.00 per share and of Rossari Biotech IPO is ₹425.00 per share.

 Prince Pipes IPORossari Biotech IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹177.00 per share₹423.00 per share
Issue Price (Upper)₹178.00 per share₹425.00 per share
Issue Price (Final)₹178.00 per share₹425.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size84 shares35 shares
Fresh Issue Size1,40,44,943 shares11,76,470 shares
Fresh Issue Size (Amount)up to ₹250.00 Crup to ₹50.00 Cr
OFS Issue Size1,40,44,942 shares1,05,00,000 shares
OFS Issue Size (Amount)up to ₹250.00 Crup to ₹446.25 Cr
Issue Size Total2,80,89,885 shares1,16,76,470 shares
Issue Size Total (Amount)up to ₹500.00 Crup to ₹496.25 Cr

IPO Timetable

Prince Pipes IPO opens on Dec 18, 2019, while Rossari Biotech IPO opens on Jul 13, 2020. The closing date of Prince Pipes IPO and Rossari Biotech IPO is Dec 20, 2019, and Jul 15, 2020, respectively.

 Prince Pipes IPORossari Biotech IPO
Anchor Bid DateDec 17, 2019Jul 10, 2020
Issue OpenDec 18, 2019Jul 13, 2020
Issue CloseDec 20, 2019Jul 15, 2020
Basis Of Allotment (Tentative)Dec 26, 2019Jul 20, 2020
Initiation of Refunds (Tentative)Dec 27, 2019Jul 21, 2020
Credit of Share (Tentative)Dec 30, 2019Jul 22, 2020
Listing date (Tentative)Dec 30, 2019Jul 23, 2020
Anchor Lockin End date 1Jan 25, 2020Aug 19, 2020
Anchor Lockin End date 2Mar 25, 2020Oct 18, 2020

Financials & KPIs

Prince Pipes IPO P/E ratio is 18.35, as compared to Rossari Biotech IPO P/E ratio of 33.81.

 Prince Pipes IPORossari Biotech IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.0695.06
Promoter Shareholding (Post-Issue)65.8073
P/E Ratio18.3533.81
Market Cap₹1958.46 Cr.₹2207.00 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Prince Pipes IPO Retail Individual Investors (RII) are offered 98,31,460 shares while in Rossari Biotech IPO retail investors are offered 98,31,460 shares. Qualified Institutional Buyers (QIB) are offered 56,17,977 shares in Prince Pipes IPO and 23,35,294 shares in Rossari Biotech IPO.

 Prince Pipes IPORossari Biotech IPO
Anchor Investor Reservation84,26,965 shares35,02,940 shares
Market Maker Reservation
QIB56,17,977 shares23,35,294 shares
NII42,13,483 shares17,51,471 shares
RII98,31,460 shares40,86,765 shares
Employee
Others
Total2,80,89,885 shares1,16,76,470 shares

Bids Received (Subscription)

Prince Pipes IPO subscribed 2.21x in total, whereas Rossari Biotech IPO subscribed 79.37x.

Compare with others

Compare: