Comparison between Aster Silicates IPO and SKS Microfinance IPO.
Aster Silicates IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SKS Microfinance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the SKS Microfinance IPO is up to ₹1,628.78 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of SKS Microfinance IPO is ₹985.00 per share.
| Aster Silicates IPO | SKS Microfinance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | ₹850.00 per share |
| Issue Price (Upper) | ₹118.00 per share | ₹985.00 per share |
| Issue Price (Final) | ₹118.00 per share | ₹985.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹50.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 50 shares | 7 shares |
| Fresh Issue Size | 45,00,000 shares | 74,45,323 shares |
| Fresh Issue Size (Amount) | up to ₹53.10 Cr | up to ₹722.20 Cr |
| OFS Issue Size | 0 shares | 93,46,256 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹906.59 Cr |
| Issue Size Total | 45,00,000 shares | 1,67,91,579 shares |
| Issue Size Total (Amount) | up to ₹53.10 Cr | up to ₹1,628.78 Cr |
Aster Silicates IPO opens on Jun 24, 2010, while SKS Microfinance IPO opens on Jul 28, 2010. The closing date of Aster Silicates IPO and SKS Microfinance IPO is Jun 28, 2010, and Aug 02, 2010, respectively.
| Aster Silicates IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Bid Date | Jul 27, 2010 | |
| Issue Open | Jun 24, 2010 | Jul 28, 2010 |
| Issue Close | Jun 28, 2010 | Aug 02, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 28, 2010 | Aug 16, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Aster Silicates IPO P/E ratio is , as compared to SKS Microfinance IPO P/E ratio of .
| Aster Silicates IPO | SKS Microfinance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 71.43 | 55.8 | ||||
| Promoter Shareholding (Post-Issue) | 49.8 | 37.1 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹175.36 Cr. | ₹7089.30 Cr. | ||||
| ROE | ||||||
| ROCE | 16.36 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 14.18 | 18.4 |
In the Aster Silicates IPO Retail Individual Investors (RII) are offered 15,75,000 shares while in SKS Microfinance IPO retail investors are offered 15,75,000 shares. Qualified Institutional Buyers (QIB) are offered 22,50,000 shares in Aster Silicates IPO and 70,52,464 shares in SKS Microfinance IPO.
| Aster Silicates IPO | SKS Microfinance IPO | |
|---|---|---|
| Anchor Investor Reservation | 30,22,484 shares | |
| Market Maker Reservation | ||
| QIB | 22,50,000 shares | 70,52,464 shares |
| NII | 6,75,000 shares | 16,79,157 shares |
| RII | 15,75,000 shares | 50,37,474 shares |
| Employee | ||
| Others | ||
| Total | 45,00,000 shares | 1,67,91,579 shares |
Aster Silicates IPO subscribed 4.71x in total, whereas SKS Microfinance IPO subscribed 11.23x.
| Aster Silicates IPO | SKS Microfinance IPO | |
|---|---|---|
| QIB (times) | 0.01x | 20.38x |
| NII (times) | 13.13x | 18.26x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.81x | 2.81x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.71x | 11.23x |
