Comparison between REC IPO and Shriram EPC IPO.
REC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Shriram EPC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of REC IPO is up to ₹1,639.26 Cr whereas the issue size of the Shriram EPC IPO is up to ₹150.00 Cr. The final issue price of REC IPO is ₹105.00 per share and of Shriram EPC IPO is ₹300.00 per share.
| REC IPO | Shriram EPC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹290.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹330.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹300.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 60 shares | 20 shares |
| Fresh Issue Size | 7,80,60,000 shares | 50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹819.63 Cr | up to ₹150.00 Cr |
| OFS Issue Size | 7,80,60,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹819.63 Cr | up to ₹0.00 Cr |
| Issue Size Total | 15,61,20,000 shares | 50,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,639.26 Cr | up to ₹150.00 Cr |
REC IPO opens on Feb 19, 2008, while Shriram EPC IPO opens on Jan 29, 2008. The closing date of REC IPO and Shriram EPC IPO is Feb 22, 2008, and Feb 01, 2008, respectively.
| REC IPO | Shriram EPC IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2008 | Jan 29, 2008 |
| Issue Close | Feb 22, 2008 | Feb 01, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 12, 2008 | Feb 20, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
REC IPO P/E ratio is , as compared to Shriram EPC IPO P/E ratio of .
| REC IPO | Shriram EPC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 81.82 | 88.34 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹9015.93 Cr. | ₹1286.03 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.08 | 8.25 |
In the REC IPO Retail Individual Investors (RII) are offered 4,56,65,100 shares while in Shriram EPC IPO retail investors are offered 4,56,65,100 shares. Qualified Institutional Buyers (QIB) are offered 9,13,30,200 shares in REC IPO and 30,00,000 shares in Shriram EPC IPO.
| REC IPO | Shriram EPC IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 9,13,30,200 shares | 30,00,000 shares |
| NII | 1,52,21,700 shares | 5,00,000 shares |
| RII | 4,56,65,100 shares | 15,00,000 shares |
| Employee | 39,03,000 shares | |
| Others | ||
| Total | 15,61,20,000 shares | 50,00,000 shares |
REC IPO subscribed 27.91x in total, whereas Shriram EPC IPO subscribed 3.91x.
| REC IPO | Shriram EPC IPO | |
|---|---|---|
| QIB (times) | 39.30x | 6.13x |
| NII (times) | 27.12x | 0.41x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.68x | 0.63x |
| Employee (times) | 0.94x | |
| Other (times) | ||
| Total (times) | 27.91x | 3.91x |
