Comparison between Indian Bank IPO and Redington IPO.
Indian Bank 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 Indian Bank IPO is up to ₹782.15 Cr whereas the issue size of the Redington IPO is up to ₹149.51 Cr. The final issue price of Indian Bank IPO is ₹91.00 per share and of Redington IPO is ₹113.00 per share.
| Indian Bank IPO | Redington IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹77.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹91.00 per share | ₹113.00 per share |
| Issue Price (Final) | ₹91.00 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 | 75 shares | 60 shares |
| Fresh Issue Size | 8,59,50,000 shares | 1,32,31,000 shares |
| Fresh Issue Size (Amount) | up to ₹782.15 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 | 8,59,50,000 shares | 1,32,31,000 shares |
| Issue Size Total (Amount) | up to ₹782.15 Cr | up to ₹149.51 Cr |
Indian Bank IPO opens on Feb 05, 2007, while Redington IPO opens on Jan 22, 2007. The closing date of Indian Bank IPO and Redington IPO is Feb 09, 2007, and Jan 25, 2007, respectively.
| Indian Bank IPO | Redington IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 05, 2007 | Jan 22, 2007 |
| Issue Close | Feb 09, 2007 | Jan 25, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 01, 2007 | Feb 15, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indian Bank IPO P/E ratio is , as compared to Redington IPO P/E ratio of .
| Indian Bank IPO | Redington IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 52.45 | ||||
| Promoter Shareholding (Post-Issue) | 80 | 43.54 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3910.91 Cr. | ₹879.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 23.52 |
In the Indian Bank IPO Retail Individual Investors (RII) are offered 2,32,06,500 shares while in Redington IPO retail investors are offered 2,32,06,500 shares. Qualified Institutional Buyers (QIB) are offered 4,64,13,000 shares in Indian Bank IPO and 79,38,600 shares in Redington IPO.
| Indian Bank IPO | Redington IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 4,64,13,000 shares | 79,38,600 shares |
| NII | 77,35,500 shares | 13,23,100 shares |
| RII | 2,32,06,500 shares | 39,69,300 shares |
| Employee | 85,95,000 shares | |
| Others | ||
| Total | 8,59,50,000 shares | 1,32,31,000 shares |
Indian Bank IPO subscribed 32.16x in total, whereas Redington IPO subscribed 43.27x.
| Indian Bank IPO | Redington IPO | |
|---|---|---|
| QIB (times) | 56.45x | 59.06x |
| NII (times) | 8.36x | 41.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.18x | 12.16x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 32.16x | 43.27x |
