Comparison between CreditAccess Grameen IPO and RITES IPO.
CreditAccess Grameen IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RITES IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CreditAccess Grameen IPO is up to ₹1,131.19 Cr whereas the issue size of the RITES IPO is up to ₹460.51 Cr. The final issue price of CreditAccess Grameen IPO is ₹422.00 per share and of RITES IPO is ₹185.00 per share.
| CreditAccess Grameen IPO | RITES IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹418.00 per share | ₹180.00 per share |
| Issue Price (Upper) | ₹422.00 per share | ₹185.00 per share |
| Issue Price (Final) | ₹422.00 per share | ₹185.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹6.00 per share |
| Discount (Employee) | ₹6.00 per share | |
| Market Lot Size | 35 shares | 80 shares |
| Fresh Issue Size | 1,49,28,909 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹630.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,18,76,485 shares | 2,52,00,000 shares |
| OFS Issue Size (Amount) | up to ₹501.19 Cr | up to ₹460.51 Cr |
| Issue Size Total | 2,68,05,394 shares | 2,52,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,131.19 Cr | up to ₹460.51 Cr |
CreditAccess Grameen IPO opens on Aug 08, 2018, while RITES IPO opens on Jun 20, 2018. The closing date of CreditAccess Grameen IPO and RITES IPO is Aug 10, 2018, and Jun 22, 2018, respectively.
| CreditAccess Grameen IPO | RITES IPO | |
|---|---|---|
| Anchor Bid Date | Aug 07, 2018 | |
| Issue Open | Aug 08, 2018 | Jun 20, 2018 |
| Issue Close | Aug 10, 2018 | Jun 22, 2018 |
| Basis Of Allotment (Tentative) | Aug 16, 2018 | |
| Initiation of Refunds (Tentative) | Aug 20, 2018 | |
| Credit of Share (Tentative) | Aug 21, 2018 | |
| Listing date (Tentative) | Aug 23, 2018 | Jul 02, 2018 |
| Anchor Lockin End date 1 | Sep 15, 2018 | |
| Anchor Lockin End date 2 | Nov 14, 2018 |
CreditAccess Grameen IPO P/E ratio is , as compared to RITES IPO P/E ratio of .
| CreditAccess Grameen IPO | RITES IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6049.63 Cr. | ₹3700.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CreditAccess Grameen IPO Retail Individual Investors (RII) are offered 93,81,888 shares while in RITES IPO retail investors are offered 93,81,888 shares. Qualified Institutional Buyers (QIB) are offered 53,61,079 shares in CreditAccess Grameen IPO and 1,20,00,000 shares in RITES IPO.
| CreditAccess Grameen IPO | RITES IPO | |
|---|---|---|
| Anchor Investor Reservation | 80,41,617 shares | |
| Market Maker Reservation | ||
| QIB | 53,61,079 shares | 1,20,00,000 shares |
| NII | 40,20,810 shares | 36,00,000 shares |
| RII | 93,81,888 shares | 84,00,000 shares |
| Employee | 12,00,000 shares | |
| Others | ||
| Total | 2,68,05,394 shares | 2,52,00,000 shares |
CreditAccess Grameen IPO subscribed 2.22x in total, whereas RITES IPO subscribed 66.74x.
| CreditAccess Grameen IPO | RITES IPO | |
|---|---|---|
| QIB (times) | 5.52x | 71.71x |
| NII (times) | 0.98x | 194.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.87x | 14.24x |
| Employee (times) | 0.96x | |
| Other (times) | ||
| Total (times) | 2.22x | 66.74x |
