Comparison between Globus Spirits IPO and REC IPO.
Globus Spirits IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while REC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Globus Spirits IPO is up to ₹75.00 Cr whereas the issue size of the REC IPO is up to ₹1,639.26 Cr. The final issue price of Globus Spirits IPO is ₹100.00 per share and of REC IPO is ₹105.00 per share.
| Globus Spirits IPO | REC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹90.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹105.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 70 shares | 60 shares |
| Fresh Issue Size | 75,00,000 shares | 7,80,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹75.00 Cr | up to ₹819.63 Cr |
| OFS Issue Size | 0 shares | 7,80,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹819.63 Cr |
| Issue Size Total | 75,00,000 shares | 15,61,20,000 shares |
| Issue Size Total (Amount) | up to ₹75.00 Cr | up to ₹1,639.26 Cr |
Globus Spirits IPO opens on Aug 31, 2009, while REC IPO opens on Feb 19, 2008. The closing date of Globus Spirits IPO and REC IPO is Sep 02, 2009, and Feb 22, 2008, respectively.
| Globus Spirits IPO | REC IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 31, 2009 | Feb 19, 2008 |
| Issue Close | Sep 02, 2009 | Feb 22, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Sep 23, 2009 | Mar 12, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Globus Spirits IPO P/E ratio is , as compared to REC IPO P/E ratio of .
| Globus Spirits IPO | REC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 96.41 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 59.81 | 81.82 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹197.58 Cr. | ₹9015.93 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.64 | 21.08 |
In the Globus Spirits IPO Retail Individual Investors (RII) are offered 26,07,500 shares while in REC IPO retail investors are offered 26,07,500 shares. Qualified Institutional Buyers (QIB) are offered 37,25,000 shares in Globus Spirits IPO and 9,13,30,200 shares in REC IPO.
| Globus Spirits IPO | REC IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 37,25,000 shares | 9,13,30,200 shares |
| NII | 11,17,500 shares | 1,52,21,700 shares |
| RII | 26,07,500 shares | 4,56,65,100 shares |
| Employee | 50,000 shares | 39,03,000 shares |
| Others | ||
| Total | 75,00,000 shares | 15,61,20,000 shares |
Globus Spirits IPO subscribed 1.50x in total, whereas REC IPO subscribed 27.91x.
| Globus Spirits IPO | REC IPO | |
|---|---|---|
| QIB (times) | 0.86x | 39.30x |
| NII (times) | 4.76x | 27.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.03x | 7.68x |
| Employee (times) | 0.96x | 0.94x |
| Other (times) | ||
| Total (times) | 1.50x | 27.91x |