Comparison between Inventure Growth IPO and Readymade Steel IPO.
Inventure Growth IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Readymade Steel IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Inventure Growth IPO is up to ₹81.90 Cr whereas the issue size of the Readymade Steel IPO is up to ₹34.75 Cr. The final issue price of Inventure Growth IPO is ₹117.00 per share and of Readymade Steel IPO is ₹108.00 per share.
| Inventure Growth IPO | Readymade Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹117.00 per share | ₹108.00 per share |
| Issue Price (Final) | ₹117.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 60 shares |
| Fresh Issue Size | 70,00,000 shares | 32,17,153 shares |
| Fresh Issue Size (Amount) | up to ₹81.90 Cr | up to ₹34.75 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 | 70,00,000 shares | 32,17,153 shares |
| Issue Size Total (Amount) | up to ₹81.90 Cr | up to ₹34.75 Cr |
Inventure Growth IPO opens on Jul 20, 2011, while Readymade Steel IPO opens on Jun 27, 2011. The closing date of Inventure Growth IPO and Readymade Steel IPO is Jul 22, 2011, and Jun 29, 2011, respectively.
| Inventure Growth IPO | Readymade Steel IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 20, 2011 | Jun 27, 2011 |
| Issue Close | Jul 22, 2011 | Jun 29, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 04, 2011 | Jul 13, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Inventure Growth IPO P/E ratio is , as compared to Readymade Steel IPO P/E ratio of .
| Inventure Growth IPO | Readymade Steel IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 72.02 | 88.83 | ||||
| Promoter Shareholding (Post-Issue) | 48.02 | 64.44 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹245.70 Cr. | ₹126.56 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 7.72 | 5.14 |
In the Inventure Growth IPO Retail Individual Investors (RII) are offered 24,50,000 shares while in Readymade Steel IPO retail investors are offered 24,50,000 shares. Qualified Institutional Buyers (QIB) are offered 35,00,000 shares in Inventure Growth IPO and 16,08,576 shares in Readymade Steel IPO.
| Inventure Growth IPO | Readymade Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 16,08,576 shares |
| NII | 10,50,000 shares | 4,82,573 shares |
| RII | 24,50,000 shares | 11,26,004 shares |
| Employee | ||
| Others | ||
| Total | 70,00,000 shares | 32,17,153 shares |
Inventure Growth IPO subscribed 4.58x in total, whereas Readymade Steel IPO subscribed 1.68x.
| Inventure Growth IPO | Readymade Steel IPO | |
|---|---|---|
| QIB (times) | 0.25x | 0.03x |
| NII (times) | 9.49x | 1.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.66x | 4.18x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.58x | 1.68x |
