Comparison between Rathi Bars IPO and Varun Industries IPO.
Rathi Bars IPO is a Mainboard Fixed Price IPO proposed to list at BSE while Varun Industries IPO is a Mainboard Fixed Price 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 Varun Industries IPO is up to ₹39.43 Cr. The final issue price of Rathi Bars IPO is ₹35.00 per share and of Varun Industries IPO is ₹60.00 per share.
| Rathi Bars IPO | Varun Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹35.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 100 shares | |
| Fresh Issue Size | 71,42,857 shares | 65,71,145 shares |
| Fresh Issue Size (Amount) | up to ₹25.00 Cr | up to ₹39.43 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 | 65,71,145 shares |
| Issue Size Total (Amount) | up to ₹25.00 Cr | up to ₹39.43 Cr |
Rathi Bars IPO opens on Oct 18, 2007, while Varun Industries IPO opens on Oct 25, 2007. The closing date of Rathi Bars IPO and Varun Industries IPO is Oct 23, 2007, and Oct 31, 2007, respectively.
| Rathi Bars IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 18, 2007 | Oct 25, 2007 |
| Issue Close | Oct 23, 2007 | Oct 31, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Nov 23, 2007 | Nov 22, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Rathi Bars IPO P/E ratio is , as compared to Varun Industries IPO P/E ratio of .
| Rathi Bars IPO | Varun Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 83.25 | ||||
| Promoter Shareholding (Post-Issue) | 56.26 | 60.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹57.16 Cr. | ₹132.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 22.91 | 19.24 |
In the Rathi Bars IPO Retail Individual Investors (RII) are offered 24,71,429 shares while in Varun Industries IPO retail investors are offered 24,71,429 shares. Qualified Institutional Buyers (QIB) are offered in Rathi Bars IPO and in Varun Industries IPO.
| Rathi Bars IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | ||
| NII | 24,71,428 shares | 32,85,000 shares |
| RII | 24,71,429 shares | 32,85,000 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 71,42,857 shares | 65,70,000 shares |
Rathi Bars IPO subscribed 2.24x in total, whereas Varun Industries IPO subscribed 36.47x.
| Rathi Bars IPO | Varun Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.33x | 31.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.08x | 41.10x |
| Employee (times) | 0.00x | |
| Other (times) | 0.07x | |
| Total (times) | 2.24x | 36.47x |
