Andhra Bank FPO vs Raj Rayon FPO

Comparison between Andhra Bank FPO and Raj Rayon FPO.

IPO Details

Andhra Bank FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Raj Rayon FPO is a Mainboard Bookbuilding proposed to list at BSE.

Issue Size and Price

The total issue size of Andhra Bank FPO is up to ₹765.00 Cr whereas the issue size of the Raj Rayon FPO is up to ₹55.25 Cr. The final issue price of Andhra Bank FPO is ₹90.00 per share and of Raj Rayon FPO is ₹65.00 per share.

 Andhra Bank FPORaj Rayon FPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹82.00 per share₹55.00 per share
Issue Price (Upper)₹90.00 per share₹65.00 per share
Issue Price (Final)₹90.00 per share₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size8,50,00,000 shares85,00,000 shares
Fresh Issue Size (Amount)up to ₹765.00 Crup to ₹55.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total8,50,00,000 shares85,00,000 shares
Issue Size Total (Amount)up to ₹765.00 Crup to ₹55.25 Cr

IPO Timetable

Andhra Bank FPO opens on Jan 16, 2006, while Raj Rayon FPO opens on Jan 12, 2006. The closing date of Andhra Bank FPO and Raj Rayon FPO is Jan 20, 2006, and Jan 18, 2006, respectively.

Financials & KPIs

Andhra Bank FPO P/E ratio is , as compared to Raj Rayon FPO P/E ratio of .

 Andhra Bank FPORaj Rayon FPO
Financials

Company Financials (Restated)

Period Ended31 Jul 200531 Mar 200531 Mar 200431 Mar 2003
Assets121.8299.1961.5839.70
Total Income60.24154.97112.81106.45
Profit After Tax3.625.143.282.09
NET Worth28.9725.3621.2616.56
Reserves and Surplus20.5616.9412.7610.14
Total Borrowing75.8955.4633.7521.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)62.5045.14
Promoter Shareholding (Post-Issue)51.5523.1
P/E Ratio
Market Cap₹4365.00 Cr.₹110.62 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Andhra Bank FPO Retail Individual Investors (RII) are offered 2,67,75,000 shares while in Raj Rayon FPO retail investors are offered 2,67,75,000 shares. Qualified Institutional Buyers (QIB) are offered 3,82,50,000 shares in Andhra Bank FPO and 34,00,000 shares in Raj Rayon FPO.

 Andhra Bank FPORaj Rayon FPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB3,82,50,000 shares34,00,000 shares
NII1,14,75,000 shares10,20,000 shares
RII2,67,75,000 shares23,80,000 shares
Employee85,00,000 shares8,50,000 shares
Others
Total8,50,00,000 shares85,00,000 shares

Bids Received (Subscription)

Andhra Bank FPO subscribed in total, whereas Raj Rayon FPO subscribed .

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Andhra Bank FPO Vs Raj Rayon FPO