Comparison between Ankit Metal IPO and Spice Communications IPO.
Ankit Metal IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Spice Communications IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Ankit Metal IPO is up to ₹34.52 Cr whereas the issue size of the Spice Communications IPO is up to ₹520.31 Cr. The final issue price of Ankit Metal IPO is ₹36.00 per share and of Spice Communications IPO is ₹46.00 per share.
| Ankit Metal IPO | Spice Communications IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹30.00 per share | ₹41.00 per share |
| Issue Price (Upper) | ₹36.00 per share | ₹46.00 per share |
| Issue Price (Final) | ₹36.00 per share | ₹46.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 190 shares | 135 shares |
| Fresh Issue Size | 95,90,000 shares | 11,31,11,111 shares |
| Fresh Issue Size (Amount) | up to ₹34.52 Cr | up to ₹520.31 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 | 95,90,000 shares | 11,31,11,111 shares |
| Issue Size Total (Amount) | up to ₹34.52 Cr | up to ₹520.31 Cr |
Ankit Metal IPO opens on Jun 18, 2007, while Spice Communications IPO opens on Jun 25, 2007. The closing date of Ankit Metal IPO and Spice Communications IPO is Jun 22, 2007, and Jun 27, 2007, respectively.
| Ankit Metal IPO | Spice Communications IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 18, 2007 | Jun 25, 2007 |
| Issue Close | Jun 22, 2007 | Jun 27, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 10, 2007 | Jul 19, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ankit Metal IPO P/E ratio is , as compared to Spice Communications IPO P/E ratio of .
| Ankit Metal IPO | Spice Communications IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 48.8 | ||||
| Promoter Shareholding (Post-Issue) | 70.83 | 40.8 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹118.35 Cr. | ₹3173.66 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 20.19 |
In the Ankit Metal IPO Retail Individual Investors (RII) are offered 29,40,000 shares while in Spice Communications IPO retail investors are offered 29,40,000 shares. Qualified Institutional Buyers (QIB) are offered 42,00,000 shares in Ankit Metal IPO and 6,66,66,667 shares in Spice Communications IPO.
| Ankit Metal IPO | Spice Communications IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 42,00,000 shares | 6,66,66,667 shares |
| NII | 12,60,000 shares | 1,11,11,111 shares |
| RII | 29,40,000 shares | 3,33,33,333 shares |
| Employee | 11,90,000 shares | 20,00,000 shares |
| Others | ||
| Total | 95,90,000 shares | 11,31,11,111 shares |
Ankit Metal IPO subscribed 1.58x in total, whereas Spice Communications IPO subscribed 37.63x.
| Ankit Metal IPO | Spice Communications IPO | |
|---|---|---|
| QIB (times) | 0.72x | 58.60x |
| NII (times) | 3.80x | 19.23x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.43x | 4.05x |
| Employee (times) | 0.18x | 0.68x |
| Other (times) | ||
| Total (times) | 1.58x | 37.63x |
