Comparison between Firstsource Solutions IPO and Redington IPO.
Firstsource Solutions 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 Firstsource Solutions IPO is up to ₹443.52 Cr whereas the issue size of the Redington IPO is up to ₹149.51 Cr. The final issue price of Firstsource Solutions IPO is ₹64.00 per share and of Redington IPO is ₹113.00 per share.
| Firstsource Solutions IPO | Redington IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹54.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹64.00 per share | ₹113.00 per share |
| Issue Price (Final) | ₹64.00 per share | ₹113.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 100 shares | 60 shares |
| Fresh Issue Size | 6,00,00,000 shares | 1,32,31,000 shares |
| Fresh Issue Size (Amount) | up to ₹384.00 Cr | up to ₹149.51 Cr |
| OFS Issue Size | 93,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹59.52 Cr | up to ₹0.00 Cr |
| Issue Size Total | 6,93,00,000 shares | 1,32,31,000 shares |
| Issue Size Total (Amount) | up to ₹443.52 Cr | up to ₹149.51 Cr |
Firstsource Solutions IPO opens on Jan 29, 2007, while Redington IPO opens on Jan 22, 2007. The closing date of Firstsource Solutions IPO and Redington IPO is Feb 02, 2007, and Jan 25, 2007, respectively.
| Firstsource Solutions IPO | Redington IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 29, 2007 | Jan 22, 2007 |
| Issue Close | Feb 02, 2007 | Jan 25, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 22, 2007 | Feb 15, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Firstsource Solutions IPO P/E ratio is , as compared to Redington IPO P/E ratio of .
| Firstsource Solutions IPO | Redington IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 32.41 | 52.45 | ||||
| Promoter Shareholding (Post-Issue) | 25.5 | 43.54 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹2664.07 Cr. | ₹879.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.71 |
In the Firstsource Solutions IPO Retail Individual Investors (RII) are offered 2,04,30,000 shares while in Redington IPO retail investors are offered 2,04,30,000 shares. Qualified Institutional Buyers (QIB) are offered 4,08,60,000 shares in Firstsource Solutions IPO and 79,38,600 shares in Redington IPO.
| Firstsource Solutions IPO | Redington IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 4,08,60,000 shares | 79,38,600 shares |
| NII | 68,10,000 shares | 13,23,100 shares |
| RII | 2,04,30,000 shares | 39,69,300 shares |
| Employee | 12,00,000 shares | |
| Others | ||
| Total | 6,93,00,000 shares | 1,32,31,000 shares |
Firstsource Solutions IPO subscribed 50.07x in total, whereas Redington IPO subscribed 43.27x.
| Firstsource Solutions IPO | Redington IPO | |
|---|---|---|
| QIB (times) | 72.29x | 59.06x |
| NII (times) | 40.78x | 41.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.54x | 12.16x |
| Employee (times) | 2.04x | |
| Other (times) | ||
| Total (times) | 50.07x | 43.27x |
