Comparison between REC IPO and Titagarh Wagons IPO.
REC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Titagarh Wagons 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 Titagarh Wagons IPO is up to ₹128.72 Cr. The final issue price of REC IPO is ₹105.00 per share and of Titagarh Wagons IPO is ₹540.00 per share.
| REC IPO | Titagarh Wagons IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹540.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹610.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹540.00 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 | 60 shares | 10 shares |
| Fresh Issue Size | 7,80,60,000 shares | 20,68,111 shares |
| Fresh Issue Size (Amount) | up to ₹819.63 Cr | up to ₹111.68 Cr |
| OFS Issue Size | 7,80,60,000 shares | 3,15,657 shares |
| OFS Issue Size (Amount) | up to ₹819.63 Cr | up to ₹17.05 Cr |
| Issue Size Total | 15,61,20,000 shares | 23,83,768 shares |
| Issue Size Total (Amount) | up to ₹1,639.26 Cr | up to ₹128.72 Cr |
REC IPO opens on Feb 19, 2008, while Titagarh Wagons IPO opens on Mar 24, 2008. The closing date of REC IPO and Titagarh Wagons IPO is Feb 22, 2008, and Mar 27, 2008, respectively.
| REC IPO | Titagarh Wagons IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 19, 2008 | Mar 24, 2008 |
| Issue Close | Feb 22, 2008 | Mar 27, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 12, 2008 | Apr 21, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
REC IPO P/E ratio is , as compared to Titagarh Wagons IPO P/E ratio of .
| REC IPO | Titagarh Wagons IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 56.77 | ||||
| Promoter Shareholding (Post-Issue) | 81.82 | 49.25 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹9015.93 Cr. | ₹995.87 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 21.08 | 28 |
In the REC IPO Retail Individual Investors (RII) are offered 4,56,65,100 shares while in Titagarh Wagons 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 14,21,261 shares in Titagarh Wagons IPO.
| REC IPO | Titagarh Wagons IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 9,13,30,200 shares | 14,21,261 shares |
| NII | 1,52,21,700 shares | 2,36,877 shares |
| RII | 4,56,65,100 shares | 7,10,630 shares |
| Employee | 39,03,000 shares | 15,000 shares |
| Others | ||
| Total | 15,61,20,000 shares | 23,83,768 shares |
REC IPO subscribed 27.91x in total, whereas Titagarh Wagons IPO subscribed 6.75x.
| REC IPO | Titagarh Wagons IPO | |
|---|---|---|
| QIB (times) | 39.30x | 10.37x |
| NII (times) | 27.12x | 2.77x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.68x | 0.98x |
| Employee (times) | 0.94x | 0.07x |
| Other (times) | ||
| Total (times) | 27.91x | 6.75x |
