Comparison between RITES IPO and Varroc Engineering IPO.
RITES IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varroc Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of RITES IPO is up to ₹460.51 Cr whereas the issue size of the Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of RITES IPO is ₹185.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| RITES IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹180.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹185.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹185.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹6.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹6.00 per share | ₹48.00 per share |
| Market Lot Size | 80 shares | 15 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,52,00,000 shares | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹460.51 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 2,52,00,000 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹460.51 Cr | up to ₹1,955.18 Cr |
RITES IPO opens on Jun 20, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of RITES IPO and Varroc Engineering IPO is Jun 22, 2018, and Jun 28, 2018, respectively.
| RITES IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Jun 25, 2018 | |
| Issue Open | Jun 20, 2018 | Jun 26, 2018 |
| Issue Close | Jun 22, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | Jul 03, 2018 | |
| Initiation of Refunds (Tentative) | Jul 04, 2018 | |
| Credit of Share (Tentative) | Jul 05, 2018 | |
| Listing date (Tentative) | Jul 02, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Aug 02, 2018 | |
| Anchor Lockin End date 2 | Oct 01, 2018 |
RITES IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| RITES IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹3700.00 Cr. | ₹13036.27 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the RITES IPO Retail Individual Investors (RII) are offered 84,00,000 shares while in Varroc Engineering IPO retail investors are offered 84,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,20,00,000 shares in RITES IPO and 40,24,346 shares in Varroc Engineering IPO.
| RITES IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 60,36,518 shares | |
| Market Maker Reservation | ||
| QIB | 1,20,00,000 shares | 40,24,346 shares |
| NII | 36,00,000 shares | 30,18,260 shares |
| RII | 84,00,000 shares | 70,42,606 shares |
| Employee | 12,00,000 shares | 1,00,000 shares |
| Others | ||
| Total | 2,52,00,000 shares | 2,02,21,730 shares |
RITES IPO subscribed 66.74x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| RITES IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 71.71x | 9.15x |
| NII (times) | 194.56x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.24x | 0.84x |
| Employee (times) | 0.96x | 0.63x |
| Other (times) | ||
| Total (times) | 66.74x | 3.54x |
