Comparison between REC FPO and Vascon Engineers IPO.
REC FPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vascon Engineers 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 Vascon Engineers IPO is up to ₹178.20 Cr. The final issue price of REC FPO is ₹206.00 per share and of Vascon Engineers IPO is ₹165.00 per share.
| REC FPO | Vascon Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹203.00 per share | ₹165.00 per share |
| Issue Price (Upper) | ₹185.00 per share | |
| Issue Price (Final) | ₹206.00 per share | ₹165.00 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 | 35 shares |
| Fresh Issue Size | 12,87,99,000 shares | 1,08,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2,644.16 Cr | up to ₹178.20 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 | 1,08,00,000 shares |
| Issue Size Total (Amount) | up to ₹3,525.55 Cr | up to ₹178.20 Cr |
REC FPO opens on Feb 19, 2010, while Vascon Engineers IPO opens on Jan 27, 2010. The closing date of REC FPO and Vascon Engineers IPO is Feb 23, 2010, and Jan 29, 2010, respectively.
| REC FPO | Vascon Engineers IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2010 | Jan 27, 2010 |
| Issue Close | Feb 23, 2010 | Jan 29, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 08, 2010 | Feb 15, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
REC FPO P/E ratio is , as compared to Vascon Engineers IPO P/E ratio of .
| REC FPO | Vascon Engineers IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 43.81 | |||||
| Promoter Shareholding (Post-Issue) | 38.41 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹20341.66 Cr. | ₹1485.26 Cr. | ||||
| ROE | 6.9 | |||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 7.85 |
In the REC FPO Retail Individual Investors (RII) are offered 5,99,83,700 shares while in Vascon Engineers 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 64,20,000 shares in Vascon Engineers IPO.
| REC FPO | Vascon Engineers IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 8,56,91,000 shares | 64,20,000 shares |
| NII | 2,57,07,300 shares | 10,70,000 shares |
| RII | 5,99,83,700 shares | 32,10,000 shares |
| Employee | 3,50,000 shares | 1,00,000 shares |
| Others | ||
| Total | 17,17,32,000 shares | 1,08,00,000 shares |
REC FPO subscribed 0.00x in total, whereas Vascon Engineers IPO subscribed 1.22x.
| REC FPO | Vascon Engineers IPO | |
|---|---|---|
| QIB (times) | 0.00x | 1.12x |
| NII (times) | 0.00x | 3.65x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.00x | 0.62x |
| Employee (times) | 0.00x | 0.54x |
| Other (times) | ||
| Total (times) | 0.00x | 1.22x |
