Comparison between Jindal Cotex IPO and Raj Oil Mills IPO.
Jindal Cotex IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Raj Oil Mills IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Jindal Cotex IPO is up to ₹84.40 Cr whereas the issue size of the Raj Oil Mills IPO is up to ₹114.00 Cr. The final issue price of Jindal Cotex IPO is ₹75.00 per share and of Raj Oil Mills IPO is ₹120.00 per share.
| Jindal Cotex IPO | Raj Oil Mills IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹70.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹75.00 per share | ₹120.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹120.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 90 shares | 50 shares |
| Fresh Issue Size | 1,12,53,140 shares | 95,00,008 shares |
| Fresh Issue Size (Amount) | up to ₹84.40 Cr | up to ₹114.00 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 | 1,12,53,140 shares | 95,00,008 shares |
| Issue Size Total (Amount) | up to ₹84.40 Cr | up to ₹114.00 Cr |
Jindal Cotex IPO opens on Aug 27, 2009, while Raj Oil Mills IPO opens on Jul 20, 2009. The closing date of Jindal Cotex IPO and Raj Oil Mills IPO is Sep 01, 2009, and Jul 23, 2009, respectively.
| Jindal Cotex IPO | Raj Oil Mills IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 27, 2009 | Jul 20, 2009 |
| Issue Close | Sep 01, 2009 | Jul 23, 2009 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 22, 2009 | Aug 12, 2009 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Jindal Cotex IPO P/E ratio is , as compared to Raj Oil Mills IPO P/E ratio of .
| Jindal Cotex IPO | Raj Oil Mills IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 1 | 71.67 | ||||
| Promoter Shareholding (Post-Issue) | 0.55 | 52.76 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹187.50 Cr. | ₹432.12 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 15.91 | 29.52 |
In the Jindal Cotex IPO Retail Individual Investors (RII) are offered 37,62,500 shares while in Raj Oil Mills IPO retail investors are offered 37,62,500 shares. Qualified Institutional Buyers (QIB) are offered 53,75,000 shares in Jindal Cotex IPO and 47,50,000 shares in Raj Oil Mills IPO.
| Jindal Cotex IPO | Raj Oil Mills IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 53,75,000 shares | 47,50,000 shares |
| NII | 16,12,500 shares | 14,25,000 shares |
| RII | 37,62,500 shares | 33,25,000 shares |
| Employee | 5,00,000 shares | |
| Others | ||
| Total | 1,12,50,000 shares | 95,00,000 shares |
Jindal Cotex IPO subscribed 2.20x in total, whereas Raj Oil Mills IPO subscribed 1.24x.
| Jindal Cotex IPO | Raj Oil Mills IPO | |
|---|---|---|
| QIB (times) | 0.66x | 0.75x |
| NII (times) | 5.93x | 3.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.09x | 0.77x |
| Employee (times) | 0.03x | |
| Other (times) | ||
| Total (times) | 2.20x | 1.24x |
