Comparison between REC IPO and Sita Shree Food Products IPO.
REC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sita Shree Food Products 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 Sita Shree Food Products IPO is up to ₹31.50 Cr. The final issue price of REC IPO is ₹105.00 per share and of Sita Shree Food Products IPO is ₹30.00 per share.
| REC IPO | Sita Shree Food Products IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹27.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹30.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹30.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 60 shares | 200 shares |
| Fresh Issue Size | 7,80,60,000 shares | 1,05,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹819.63 Cr | up to ₹31.50 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 | 1,05,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,639.26 Cr | up to ₹31.50 Cr |
REC IPO opens on Feb 19, 2008, while Sita Shree Food Products IPO opens on Mar 11, 2008. The closing date of REC IPO and Sita Shree Food Products IPO is Feb 22, 2008, and Mar 14, 2008, respectively.
| REC IPO | Sita Shree Food Products IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2008 | Mar 11, 2008 |
| Issue Close | Feb 22, 2008 | Mar 14, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 12, 2008 | Apr 07, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
REC IPO P/E ratio is , as compared to Sita Shree Food Products IPO P/E ratio of .
| REC IPO | Sita Shree Food Products IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 81.82 | 100 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹9015.93 Cr. | ₹66.11 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.08 | 12.63 |
In the REC IPO Retail Individual Investors (RII) are offered 4,56,65,100 shares while in Sita Shree Food Products 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 52,50,000 shares in Sita Shree Food Products IPO.
| REC IPO | Sita Shree Food Products IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 9,13,30,200 shares | 52,50,000 shares |
| NII | 1,52,21,700 shares | 15,75,000 shares |
| RII | 4,56,65,100 shares | 36,75,000 shares |
| Employee | 39,03,000 shares | |
| Others | ||
| Total | 15,61,20,000 shares | 1,05,00,000 shares |
REC IPO subscribed 27.91x in total, whereas Sita Shree Food Products IPO subscribed 2.44x.
| REC IPO | Sita Shree Food Products IPO | |
|---|---|---|
| QIB (times) | 39.30x | 1.02x |
| NII (times) | 27.12x | 3.25x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.68x | 4.13x |
| Employee (times) | 0.94x | |
| Other (times) | ||
| Total (times) | 27.91x | 2.44x |
