Comparison between Akruti Nirman IPO and Redington IPO.
Akruti Nirman IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Redington IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Akruti Nirman IPO is up to ₹361.80 Cr whereas the issue size of the Redington IPO is up to ₹149.51 Cr. The final issue price of Akruti Nirman IPO is ₹540.00 per share and of Redington IPO is ₹113.00 per share.
| Akruti Nirman IPO | Redington IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹475.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹540.00 per share | ₹113.00 per share |
| Issue Price (Final) | ₹540.00 per share | ₹113.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 12 shares | 60 shares |
| Fresh Issue Size | 67,00,000 shares | 1,32,31,000 shares |
| Fresh Issue Size (Amount) | up to ₹361.80 Cr | up to ₹149.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 67,00,000 shares | 1,32,31,000 shares |
| Issue Size Total (Amount) | up to ₹361.80 Cr | up to ₹149.51 Cr |
Akruti Nirman IPO opens on Jan 15, 2007, while Redington IPO opens on Jan 22, 2007. The closing date of Akruti Nirman IPO and Redington IPO is Jan 19, 2007, and Jan 25, 2007, respectively.
| Akruti Nirman IPO | Redington IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 15, 2007 | Jan 22, 2007 |
| Issue Close | Jan 19, 2007 | Jan 25, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 07, 2007 | Feb 15, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Akruti Nirman IPO P/E ratio is , as compared to Redington IPO P/E ratio of .
| Akruti Nirman IPO | Redington IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 52.45 | ||||
| Promoter Shareholding (Post-Issue) | 89.96 | 43.54 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3601.80 Cr. | ₹879.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 59.01 |
In the Akruti Nirman IPO Retail Individual Investors (RII) are offered 20,10,000 shares while in Redington IPO retail investors are offered 20,10,000 shares. Qualified Institutional Buyers (QIB) are offered 40,20,000 shares in Akruti Nirman IPO and 79,38,600 shares in Redington IPO.
| Akruti Nirman IPO | Redington IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 40,20,000 shares | 79,38,600 shares |
| NII | 6,70,000 shares | 13,23,100 shares |
| RII | 20,10,000 shares | 39,69,300 shares |
| Employee | ||
| Others | ||
| Total | 67,00,000 shares | 1,32,31,000 shares |
Akruti Nirman IPO subscribed 81.05x in total, whereas Redington IPO subscribed 43.27x.
| Akruti Nirman IPO | Redington IPO | |
|---|---|---|
| QIB (times) | 118.10x | 59.06x |
| NII (times) | 64.73x | 41.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.40x | 12.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 81.05x | 43.27x |
