Comparison between Solar Explosives IPO and Visa Steel IPO.
Solar Explosives IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Visa Steel IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Solar Explosives IPO is up to ₹83.60 Cr whereas the issue size of the Visa Steel IPO is up to ₹171.00 Cr. The final issue price of Solar Explosives IPO is ₹190.00 per share and of Visa Steel IPO is ₹57.00 per share.
| Solar Explosives IPO | Visa Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹52.00 per share |
| Issue Price (Upper) | ₹190.00 per share | ₹57.00 per share |
| Issue Price (Final) | ₹190.00 per share | ₹57.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 44,00,000 shares | 3,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹83.60 Cr | up to ₹171.00 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 | 44,00,000 shares | 3,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹83.60 Cr | up to ₹171.00 Cr |
Solar Explosives IPO opens on Mar 09, 2006, while Visa Steel IPO opens on Feb 23, 2006. The closing date of Solar Explosives IPO and Visa Steel IPO is Mar 13, 2006, and Feb 27, 2006, respectively.
| Solar Explosives IPO | Visa Steel IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 09, 2006 | Feb 23, 2006 |
| Issue Close | Mar 13, 2006 | Feb 27, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Apr 03, 2006 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Solar Explosives IPO P/E ratio is 16.38, as compared to Visa Steel IPO P/E ratio of 65.15.
| Solar Explosives IPO | Visa Steel IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.6 | 72.73 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.38 | 65.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹329.15 Cr. | ₹627.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.51 | 0.42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.60 | ₹0.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.05 | 7.95% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Solar Explosives IPO Retail Individual Investors (RII) are offered 15,19,000 shares while in Visa Steel IPO retail investors are offered 15,19,000 shares. Qualified Institutional Buyers (QIB) are offered 21,70,000 shares in Solar Explosives IPO and 1,50,00,000 shares in Visa Steel IPO.
| Solar Explosives IPO | Visa Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 21,70,000 shares | 1,50,00,000 shares |
| NII | 6,51,000 shares | 45,00,000 shares |
| RII | 15,19,000 shares | 1,05,00,000 shares |
| Employee | 60,000 shares | 0 shares |
| Others | ||
| Total | 44,00,000 shares | 3,00,00,000 shares |
Solar Explosives IPO subscribed in total, whereas Visa Steel IPO subscribed .
