Comparison between IRCTC IPO and Sterling & Wilson IPO.
IRCTC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sterling & Wilson IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IRCTC IPO is up to ₹637.97 Cr whereas the issue size of the Sterling & Wilson IPO is up to ₹2,849.64 Cr. The final issue price of IRCTC IPO is ₹320.00 per share and of Sterling & Wilson IPO is ₹780.00 per share.
| IRCTC IPO | Sterling & Wilson IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹315.00 per share | ₹775.00 per share |
| Issue Price (Upper) | ₹320.00 per share | ₹780.00 per share |
| Issue Price (Final) | ₹320.00 per share | ₹780.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 40 shares | 19 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,01,60,000 shares | 3,65,33,820 shares |
| OFS Issue Size (Amount) | up to ₹637.97 Cr | up to ₹2,849.64 Cr |
| Issue Size Total | 2,01,60,000 shares | 3,65,33,820 shares |
| Issue Size Total (Amount) | up to ₹637.97 Cr | up to ₹2,849.64 Cr |
IRCTC IPO opens on Sep 30, 2019, while Sterling & Wilson IPO opens on Aug 06, 2019. The closing date of IRCTC IPO and Sterling & Wilson IPO is Oct 03, 2019, and Aug 08, 2019, respectively.
| IRCTC IPO | Sterling & Wilson IPO | |
|---|---|---|
| Anchor Bid Date | Aug 05, 2019 | |
| Issue Open | Sep 30, 2019 | Aug 06, 2019 |
| Issue Close | Oct 03, 2019 | Aug 08, 2019 |
| Basis Of Allotment (Tentative) | Oct 09, 2019 | Aug 14, 2019 |
| Initiation of Refunds (Tentative) | Oct 10, 2019 | Aug 16, 2019 |
| Credit of Share (Tentative) | Oct 11, 2019 | Aug 19, 2019 |
| Listing date (Tentative) | Oct 14, 2019 | Aug 20, 2019 |
| Anchor Lockin End date 1 | Sep 13, 2019 | |
| Anchor Lockin End date 2 | Nov 12, 2019 |
IRCTC IPO P/E ratio is , as compared to Sterling & Wilson IPO P/E ratio of .
| IRCTC IPO | Sterling & Wilson IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 87.4 | 75 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5120.00 Cr. | ₹12508.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRCTC IPO Retail Individual Investors (RII) are offered 70,00,000 shares while in Sterling & Wilson IPO retail investors are offered 70,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,00,00,000 shares in IRCTC IPO and 1,23,32,273 shares in Sterling & Wilson IPO.
| IRCTC IPO | Sterling & Wilson IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,80,28,846 shares | |
| Market Maker Reservation | ||
| QIB | 1,00,00,000 shares | 1,23,32,273 shares |
| NII | 30,00,000 shares | 54,05,747 shares |
| RII | 70,00,000 shares | 11,68,291 shares |
| Employee | 1,60,000 shares | |
| Others | ||
| Total | 2,01,60,000 shares | 3,69,35,157 shares |
IRCTC IPO subscribed 111.91x in total, whereas Sterling & Wilson IPO subscribed 0.85x.
| IRCTC IPO | Sterling & Wilson IPO | |
|---|---|---|
| QIB (times) | 108.79x | 1.02x |
| NII (times) | 354.52x | 0.89x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.83x | 0.30x |
| Employee (times) | 5.81x | |
| Other (times) | ||
| Total (times) | 111.91x | 0.85x |
