Comparison between CL Educate IPO and PSP Projects IPO.
CL Educate IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PSP Projects IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CL Educate IPO is up to ₹238.95 Cr whereas the issue size of the PSP Projects IPO is up to ₹211.68 Cr. The final issue price of CL Educate IPO is ₹502.00 per share and of PSP Projects IPO is ₹210.00 per share.
| CL Educate IPO | PSP Projects IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹500.00 per share | ₹205.00 per share |
| Issue Price (Upper) | ₹502.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹502.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 29 shares | 70 shares |
| Fresh Issue Size | 21,80,119 shares | 72,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹109.44 Cr | up to ₹151.20 Cr |
| OFS Issue Size | 25,79,881 shares | 28,80,000 shares |
| OFS Issue Size (Amount) | up to ₹129.51 Cr | up to ₹60.48 Cr |
| Issue Size Total | 47,60,000 shares | 1,00,80,000 shares |
| Issue Size Total (Amount) | up to ₹238.95 Cr | up to ₹211.68 Cr |
CL Educate IPO opens on Mar 20, 2017, while PSP Projects IPO opens on May 17, 2017. The closing date of CL Educate IPO and PSP Projects IPO is Mar 22, 2017, and May 19, 2017, respectively.
| CL Educate IPO | PSP Projects IPO | |
|---|---|---|
| Anchor Bid Date | Mar 17, 2017 | May 16, 2017 |
| Issue Open | Mar 20, 2017 | May 17, 2017 |
| Issue Close | Mar 22, 2017 | May 19, 2017 |
| Basis Of Allotment (Tentative) | Mar 29, 2017 | May 24, 2017 |
| Initiation of Refunds (Tentative) | Mar 29, 2017 | May 26, 2017 |
| Credit of Share (Tentative) | Mar 30, 2017 | May 26, 2017 |
| Listing date (Tentative) | Mar 31, 2017 | May 29, 2017 |
| Anchor Lockin End date 1 | Apr 28, 2017 | Jun 23, 2017 |
| Anchor Lockin End date 2 | Jun 27, 2017 | Aug 22, 2017 |
CL Educate IPO P/E ratio is , as compared to PSP Projects IPO P/E ratio of .
| CL Educate IPO | PSP Projects IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹711.00 Cr. | ₹756.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CL Educate IPO Retail Individual Investors (RII) are offered 16,66,000 shares while in PSP Projects IPO retail investors are offered 16,66,000 shares. Qualified Institutional Buyers (QIB) are offered 9,52,000 shares in CL Educate IPO and 30,24,000 shares in PSP Projects IPO.
| CL Educate IPO | PSP Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,28,000 shares | 45,36,000 shares |
| Market Maker Reservation | ||
| QIB | 9,52,000 shares | 30,24,000 shares |
| NII | 7,14,000 shares | 15,12,000 shares |
| RII | 16,66,000 shares | 10,08,000 shares |
| Employee | ||
| Others | ||
| Total | 47,60,000 shares | 1,00,80,000 shares |
CL Educate IPO subscribed 1.90x in total, whereas PSP Projects IPO subscribed 8.58x.
| CL Educate IPO | PSP Projects IPO | |
|---|---|---|
| QIB (times) | 3.65x | 8.38x |
| NII (times) | 0.21x | 10.39x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.63x | 6.47x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.90x | 8.58x |
