Comparison between Birla Cotsyn IPO and Somi Conveyor Beltings IPO.
Birla Cotsyn IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Somi Conveyor Beltings IPO is a Mainboard Fixed Price proposed to list at BSE.
The total issue size of Birla Cotsyn IPO is up to ₹107.53 Cr whereas the issue size of the Somi Conveyor Beltings IPO is up to ₹16.55 Cr. The final issue price of Birla Cotsyn IPO is ₹14.00 per share and of Somi Conveyor Beltings IPO is ₹35.00 per share.
| Birla Cotsyn IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹12.00 per share | |
| Issue Price (Upper) | ₹14.00 per share | |
| Issue Price (Final) | ₹14.00 per share | ₹35.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 350 shares | |
| Fresh Issue Size | 7,68,07,143 shares | 47,28,666 shares |
| Fresh Issue Size (Amount) | up to ₹107.53 Cr | up to ₹16.55 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 | 7,68,07,143 shares | 47,28,666 shares |
| Issue Size Total (Amount) | up to ₹107.53 Cr | up to ₹16.55 Cr |
Birla Cotsyn IPO opens on Jun 30, 2008, while Somi Conveyor Beltings IPO opens on Jun 24, 2008. The closing date of Birla Cotsyn IPO and Somi Conveyor Beltings IPO is Jul 09, 2008, and Jun 27, 2008, respectively.
| Birla Cotsyn IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 30, 2008 | Jun 24, 2008 |
| Issue Close | Jul 09, 2008 | Jun 27, 2008 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 30, 2008 | Jul 24, 2008 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Birla Cotsyn IPO P/E ratio is , as compared to Somi Conveyor Beltings IPO P/E ratio of .
| Birla Cotsyn IPO | Somi Conveyor Beltings IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 85.2 | ||||
| Promoter Shareholding (Post-Issue) | 34.13 | 52.88 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹163.24 Cr. | ₹41.23 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 8.18 | 14.63 |
In the Birla Cotsyn IPO Retail Individual Investors (RII) are offered 2,50,70,000 shares while in Somi Conveyor Beltings IPO retail investors are offered 2,50,70,000 shares. Qualified Institutional Buyers (QIB) are offered 3,58,14,285 shares in Birla Cotsyn IPO and 4,72,860 shares in Somi Conveyor Beltings IPO.
| Birla Cotsyn IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 3,58,14,285 shares | 4,72,860 shares |
| NII | 1,07,44,286 shares | 18,91,427 shares |
| RII | 2,50,70,000 shares | 23,64,287 shares |
| Employee | 51,78,571 shares | |
| Others | ||
| Total | 7,68,07,142 shares | 47,28,574 shares |
Birla Cotsyn IPO subscribed 1.11x in total, whereas Somi Conveyor Beltings IPO subscribed 1.97x.
| Birla Cotsyn IPO | Somi Conveyor Beltings IPO | |
|---|---|---|
| QIB (times) | 0.01x | 2.00x |
| NII (times) | 5.75x | 0.71x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.92x | 2.97x |
| Employee (times) | 0.04x | |
| Other (times) | ||
| Total (times) | 1.11x | 1.97x |
