Comparison between Readymade Steel IPO and SRS IPO.
Readymade Steel IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while SRS IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Readymade Steel IPO is up to ₹34.75 Cr whereas the issue size of the SRS IPO is up to ₹203.00 Cr. The final issue price of Readymade Steel IPO is ₹108.00 per share and of SRS IPO is ₹58.00 per share.
| Readymade Steel IPO | SRS IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹58.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹65.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹58.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 100 shares |
| Fresh Issue Size | 32,17,153 shares | 3,50,00,004 shares |
| Fresh Issue Size (Amount) | up to ₹34.75 Cr | up to ₹203.00 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 | 32,17,153 shares | 3,50,00,004 shares |
| Issue Size Total (Amount) | up to ₹34.75 Cr | up to ₹203.00 Cr |
Readymade Steel IPO opens on Jun 27, 2011, while SRS IPO opens on Aug 23, 2011. The closing date of Readymade Steel IPO and SRS IPO is Jun 29, 2011, and Aug 26, 2011, respectively.
| Readymade Steel IPO | SRS IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 27, 2011 | Aug 23, 2011 |
| Issue Close | Jun 29, 2011 | Aug 26, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 13, 2011 | Sep 16, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Readymade Steel IPO P/E ratio is , as compared to SRS IPO P/E ratio of .
| Readymade Steel IPO | SRS IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 88.83 | 98.89 | ||||
| Promoter Shareholding (Post-Issue) | 64.44 | 74.04 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹126.56 Cr. | ₹807.89 Cr. | ||||
| ROE | ||||||
| ROCE | 13.6 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.14 | 11.9 |
In the Readymade Steel IPO Retail Individual Investors (RII) are offered 11,26,004 shares while in SRS IPO retail investors are offered 11,26,004 shares. Qualified Institutional Buyers (QIB) are offered 16,08,576 shares in Readymade Steel IPO and 1,75,00,000 shares in SRS IPO.
| Readymade Steel IPO | SRS IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 16,08,576 shares | 1,75,00,000 shares |
| NII | 4,82,573 shares | 52,50,000 shares |
| RII | 11,26,004 shares | 1,22,50,000 shares |
| Employee | ||
| Others | ||
| Total | 32,17,153 shares | 3,50,00,000 shares |
Readymade Steel IPO subscribed 2.02x in total, whereas SRS IPO subscribed 1.25x.
| Readymade Steel IPO | SRS IPO | |
|---|---|---|
| QIB (times) | 0.04x | 0.75x |
| NII (times) | 1.64x | 5.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.02x | 0.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.02x | 1.25x |
