Comparison between Rathi Bars IPO and Religare Enterprises IPO.
Rathi Bars IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Religare Enterprises IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rathi Bars IPO is up to ₹25.00 Cr whereas the issue size of the Religare Enterprises IPO is up to ₹140.16 Cr. The final issue price of Rathi Bars IPO is ₹35.00 per share and of Religare Enterprises IPO is ₹185.00 per share.
| Rathi Bars IPO | Religare Enterprises IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹160.00 per share | |
| Issue Price (Upper) | ₹185.00 per share | |
| Issue Price (Final) | ₹35.00 per share | ₹185.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 35 shares | |
| Fresh Issue Size | 71,42,857 shares | 75,76,102 shares |
| Fresh Issue Size (Amount) | up to ₹25.00 Cr | up to ₹140.16 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 | 71,42,857 shares | 75,76,102 shares |
| Issue Size Total (Amount) | up to ₹25.00 Cr | up to ₹140.16 Cr |
Rathi Bars IPO opens on Oct 18, 2007, while Religare Enterprises IPO opens on Oct 29, 2007. The closing date of Rathi Bars IPO and Religare Enterprises IPO is Oct 23, 2007, and Nov 01, 2007, respectively.
| Rathi Bars IPO | Religare Enterprises IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 18, 2007 | Oct 29, 2007 |
| Issue Close | Oct 23, 2007 | Nov 01, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Nov 23, 2007 | Nov 21, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rathi Bars IPO P/E ratio is , as compared to Religare Enterprises IPO P/E ratio of .
| Rathi Bars IPO | Religare Enterprises IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 60.41 | ||||
| Promoter Shareholding (Post-Issue) | 56.26 | 54.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹57.16 Cr. | ₹1401.58 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 22.91 | 7.81 |
In the Rathi Bars IPO Retail Individual Investors (RII) are offered 24,71,429 shares while in Religare Enterprises IPO retail investors are offered 24,71,429 shares. Qualified Institutional Buyers (QIB) are offered in Rathi Bars IPO and 45,45,662 shares in Religare Enterprises IPO.
| Rathi Bars IPO | Religare Enterprises IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 45,45,662 shares | |
| NII | 24,71,428 shares | 7,57,609 shares |
| RII | 24,71,429 shares | 22,72,831 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 71,42,857 shares | 75,76,102 shares |
Rathi Bars IPO subscribed 2.24x in total, whereas Religare Enterprises IPO subscribed 160.56x.
| Rathi Bars IPO | Religare Enterprises IPO | |
|---|---|---|
| QIB (times) | 184.95x | |
| NII (times) | 0.33x | 215.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.08x | 93.50x |
| Employee (times) | 0.00x | |
| Other (times) | 0.07x | |
| Total (times) | 2.24x | 160.56x |
