Comparison between Rail Vikas Nigam IPO and Spandana Sphoorty Financial IPO.
Rail Vikas Nigam IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Spandana Sphoorty Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rail Vikas Nigam IPO is up to ₹476.86 Cr whereas the issue size of the Spandana Sphoorty Financial IPO is up to ₹1,189.85 Cr. The final issue price of Rail Vikas Nigam IPO is ₹19.00 per share and of Spandana Sphoorty Financial IPO is ₹856.00 per share.
| Rail Vikas Nigam IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹17.00 per share | ₹853.00 per share |
| Issue Price (Upper) | ₹19.00 per share | ₹856.00 per share |
| Issue Price (Final) | ₹19.00 per share | ₹856.00 per share |
| Discount (Retail) | ₹0.50 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.50 per share | |
| Market Lot Size | 780 shares | 17 shares |
| Fresh Issue Size | 0 shares | 45,43,385 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹388.91 Cr |
| OFS Issue Size | 25,34,57,280 shares | 93,56,725 shares |
| OFS Issue Size (Amount) | up to ₹476.86 Cr | up to ₹800.94 Cr |
| Issue Size Total | 25,34,57,280 shares | 1,39,00,110 shares |
| Issue Size Total (Amount) | up to ₹476.86 Cr | up to ₹1,189.85 Cr |
Rail Vikas Nigam IPO opens on Mar 29, 2019, while Spandana Sphoorty Financial IPO opens on Aug 05, 2019. The closing date of Rail Vikas Nigam IPO and Spandana Sphoorty Financial IPO is Apr 03, 2019, and Aug 07, 2019, respectively.
| Rail Vikas Nigam IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Bid Date | Aug 02, 2019 | |
| Issue Open | Mar 29, 2019 | Aug 05, 2019 |
| Issue Close | Apr 03, 2019 | Aug 07, 2019 |
| Basis Of Allotment (Tentative) | Apr 08, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Apr 09, 2019 | Aug 14, 2019 |
| Credit of Share (Tentative) | Apr 09, 2019 | Aug 16, 2019 |
| Listing date (Tentative) | Apr 11, 2019 | Aug 19, 2019 |
| Anchor Lockin End date 1 | Sep 13, 2019 | |
| Anchor Lockin End date 2 | Nov 12, 2019 |
Rail Vikas Nigam IPO P/E ratio is , as compared to Spandana Sphoorty Financial IPO P/E ratio of .
| Rail Vikas Nigam IPO | Spandana Sphoorty Financial IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.21 | |||||
| Promoter Shareholding (Post-Issue) | 62.6 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹3961.54 Cr. | ₹5504.64 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Rail Vikas Nigam IPO Retail Individual Investors (RII) are offered 8,84,80,000 shares while in Spandana Sphoorty Financial IPO retail investors are offered 8,84,80,000 shares. Qualified Institutional Buyers (QIB) are offered 12,64,00,000 shares in Rail Vikas Nigam IPO and 28,05,924 shares in Spandana Sphoorty Financial IPO.
| Rail Vikas Nigam IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| Anchor Investor Reservation | 42,08,886 shares | |
| Market Maker Reservation | ||
| QIB | 12,64,00,000 shares | 28,05,924 shares |
| NII | 3,79,20,000 shares | 21,04,444 shares |
| RII | 8,84,80,000 shares | 49,10,368 shares |
| Employee | 6,57,280 shares | |
| Others | ||
| Total | 25,34,57,280 shares | 1,40,29,622 shares |
Rail Vikas Nigam IPO subscribed 1.82x in total, whereas Spandana Sphoorty Financial IPO subscribed 1.05x.
| Rail Vikas Nigam IPO | Spandana Sphoorty Financial IPO | |
|---|---|---|
| QIB (times) | 1.36x | 3.11x |
| NII (times) | 0.80x | 0.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.92x | 0.09x |
| Employee (times) | 2.11x | |
| Other (times) | ||
| Total (times) | 1.82x | 1.05x |
