Comparison between Nitin Spinners IPO and Raj Rayon FPO.
Nitin Spinners IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Raj Rayon FPO is a Mainboard Bookbuilding proposed to list at BSE.
| Nitin Spinners IPO | Raj Rayon FPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | FPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE |
| Lead Managers | UTI Securities Ltd. | UTI Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | ||
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL |
The total issue size of Nitin Spinners IPO is up to ₹40.00 Cr whereas the issue size of the Raj Rayon FPO is up to ₹55.25 Cr. The final issue price of Nitin Spinners IPO is ₹21.00 per share and of Raj Rayon FPO is ₹65.00 per share.
| Nitin Spinners IPO | Raj Rayon FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹18.00 per share | ₹55.00 per share |
| Issue Price (Upper) | ₹21.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹21.00 per share | ₹65.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,90,47,620 shares | 85,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹40.00 Cr | up to ₹55.25 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,90,47,620 shares | 85,00,000 shares |
| Issue Size Total (Amount) | up to ₹40.00 Cr | up to ₹55.25 Cr |
Nitin Spinners IPO opens on Jan 06, 2006, while Raj Rayon FPO opens on Jan 12, 2006. The closing date of Nitin Spinners IPO and Raj Rayon FPO is Jan 12, 2006, and Jan 18, 2006, respectively.
| Nitin Spinners IPO | Raj Rayon FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 06, 2006 | Jan 12, 2006 |
| Issue Close | Jan 12, 2006 | Jan 18, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 02, 2006 | Feb 03, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Nitin Spinners IPO P/E ratio is , as compared to Raj Rayon FPO P/E ratio of .
| Nitin Spinners IPO | Raj Rayon FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 45.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 53.35 | 23.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹85.75 Cr. | ₹110.62 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nitin Spinners IPO Retail Individual Investors (RII) are offered 62,50,001 shares while in Raj Rayon FPO retail investors are offered 62,50,001 shares. Qualified Institutional Buyers (QIB) are offered 89,28,571 shares in Nitin Spinners IPO and 34,00,000 shares in Raj Rayon FPO.
| Nitin Spinners IPO | Raj Rayon FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 89,28,571 shares | 34,00,000 shares |
| NII | 26,78,572 shares | 10,20,000 shares |
| RII | 62,50,001 shares | 23,80,000 shares |
| Employee | 11,90,476 shares | 8,50,000 shares |
| Others | ||
| Total | 1,90,47,620 shares | 85,00,000 shares |
Nitin Spinners IPO subscribed in total, whereas Raj Rayon FPO subscribed .
