Comparison between REC FPO and Texmo Pipes IPO.
REC FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Texmo Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of REC FPO is up to ₹3,525.55 Cr whereas the issue size of the Texmo Pipes IPO is up to ₹45.00 Cr. The final issue price of REC FPO is ₹206.00 per share and of Texmo Pipes IPO is ₹90.00 per share.
| REC FPO | Texmo Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹203.00 per share | ₹85.00 per share |
| Issue Price (Upper) | ₹90.00 per share | |
| Issue Price (Final) | ₹206.00 per share | ₹90.00 per share |
| Discount (Retail) | ₹3.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹13.00 per share | ₹0.00 per share |
| Market Lot Size | 30 shares | 75 shares |
| Fresh Issue Size | 12,87,99,000 shares | 50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2,644.16 Cr | up to ₹45.00 Cr |
| OFS Issue Size | 4,29,33,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹881.39 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,17,32,000 shares | 50,00,000 shares |
| Issue Size Total (Amount) | up to ₹3,525.55 Cr | up to ₹45.00 Cr |
REC FPO opens on Feb 19, 2010, while Texmo Pipes IPO opens on Feb 16, 2010. The closing date of REC FPO and Texmo Pipes IPO is Feb 23, 2010, and Feb 19, 2010, respectively.
| REC FPO | Texmo Pipes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2010 | Feb 16, 2010 |
| Issue Close | Feb 23, 2010 | Feb 19, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 08, 2010 | Mar 10, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
REC FPO P/E ratio is , as compared to Texmo Pipes IPO P/E ratio of .
| REC FPO | Texmo Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | 55.63 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹20341.66 Cr. | ₹101.43 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 39.39 |
In the REC FPO Retail Individual Investors (RII) are offered 5,99,83,700 shares while in Texmo Pipes IPO retail investors are offered 5,99,83,700 shares. Qualified Institutional Buyers (QIB) are offered 8,56,91,000 shares in REC FPO and 24,50,000 shares in Texmo Pipes IPO.
| REC FPO | Texmo Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 8,56,91,000 shares | 24,50,000 shares |
| NII | 2,57,07,300 shares | 7,35,000 shares |
| RII | 5,99,83,700 shares | 17,15,000 shares |
| Employee | 3,50,000 shares | 1,00,000 shares |
| Others | ||
| Total | 17,17,32,000 shares | 50,00,000 shares |
REC FPO subscribed 3.14x in total, whereas Texmo Pipes IPO subscribed 7.48x.
| REC FPO | Texmo Pipes IPO | |
|---|---|---|
| QIB (times) | 5.52x | 1.02x |
| NII (times) | 2.05x | 30.50x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.23x | 7.26x |
| Employee (times) | 0.85x | 0.32x |
| Other (times) | ||
| Total (times) | 3.14x | 7.48x |
