Comparison between Readymade Steel IPO and Rushil Decor IPO.
Readymade Steel IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Rushil Decor IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Readymade Steel IPO is up to ₹34.75 Cr whereas the issue size of the Rushil Decor IPO is up to ₹38.88 Cr. The final issue price of Readymade Steel IPO is ₹108.00 per share and of Rushil Decor IPO is ₹72.00 per share.
| Readymade Steel IPO | Rushil Decor IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹63.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹72.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹72.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 90 shares |
| Fresh Issue Size | 32,17,153 shares | 54,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹34.75 Cr | up to ₹38.88 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 | 32,17,153 shares | 54,00,000 shares |
| Issue Size Total (Amount) | up to ₹34.75 Cr | up to ₹38.88 Cr |
Readymade Steel IPO opens on Jun 27, 2011, while Rushil Decor IPO opens on Jun 20, 2011. The closing date of Readymade Steel IPO and Rushil Decor IPO is Jun 29, 2011, and Jun 23, 2011, respectively.
| Readymade Steel IPO | Rushil Decor IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 27, 2011 | Jun 20, 2011 |
| Issue Close | Jun 29, 2011 | Jun 23, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 13, 2011 | Jul 07, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Readymade Steel IPO P/E ratio is , as compared to Rushil Decor IPO P/E ratio of .
| Readymade Steel IPO | Rushil Decor IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 88.83 | 88.58 | ||||
| Promoter Shareholding (Post-Issue) | 64.44 | 55.55 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹126.56 Cr. | ₹103.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.14 | 18.06 |
In the Readymade Steel IPO Retail Individual Investors (RII) are offered 11,26,004 shares while in Rushil Decor IPO retail investors are offered 11,26,004 shares. Qualified Institutional Buyers (QIB) are offered 16,08,576 shares in Readymade Steel IPO and 27,00,000 shares in Rushil Decor IPO.
| Readymade Steel IPO | Rushil Decor IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 16,08,576 shares | 27,00,000 shares |
| NII | 4,82,573 shares | 8,10,000 shares |
| RII | 11,26,004 shares | 18,90,000 shares |
| Employee | ||
| Others | ||
| Total | 32,17,153 shares | 54,00,000 shares |
Readymade Steel IPO subscribed 1.68x in total, whereas Rushil Decor IPO subscribed 2.62x.
| Readymade Steel IPO | Rushil Decor IPO | |
|---|---|---|
| QIB (times) | 0.03x | 0.23x |
| NII (times) | 1.37x | 1.35x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.18x | 6.57x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.68x | 2.62x |
