Comparison between Fineotex Chemical IPO and Tata Steel FPO.
Fineotex Chemical IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Tata Steel FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Fineotex Chemical IPO is up to ₹29.48 Cr whereas the issue size of the Tata Steel FPO is up to ₹3,477.00 Cr. The final issue price of Fineotex Chemical IPO is ₹70.00 per share and of Tata Steel FPO is ₹610.00 per share.
| Fineotex Chemical IPO | Tata Steel FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹60.00 per share | ₹594.00 per share |
| Issue Price (Upper) | ₹72.00 per share | ₹610.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹610.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 90 shares | 10 shares |
| Fresh Issue Size | 42,11,211 shares | 5,70,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.48 Cr | up to ₹3,477.00 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 | 42,11,211 shares | 5,70,00,000 shares |
| Issue Size Total (Amount) | up to ₹29.48 Cr | up to ₹3,477.00 Cr |
Fineotex Chemical IPO opens on Feb 23, 2011, while Tata Steel FPO opens on Jan 19, 2011. The closing date of Fineotex Chemical IPO and Tata Steel FPO is Feb 25, 2011, and Jan 21, 2011, respectively.
| Fineotex Chemical IPO | Tata Steel FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 23, 2011 | Jan 19, 2011 |
| Issue Close | Feb 25, 2011 | Jan 21, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 11, 2011 | Feb 02, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fineotex Chemical IPO P/E ratio is , as compared to Tata Steel FPO P/E ratio of .
| Fineotex Chemical IPO | Tata Steel FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 32.69 | ||||
| Promoter Shareholding (Post-Issue) | 62.49 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹78.61 Cr. | ₹58512.07 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 23.93 | 13.4 |
In the Fineotex Chemical IPO Retail Individual Investors (RII) are offered 14,73,906 shares while in Tata Steel FPO retail investors are offered 14,73,906 shares. Qualified Institutional Buyers (QIB) are offered 21,05,580 shares in Fineotex Chemical IPO and 1,94,25,000 shares in Tata Steel FPO.
| Fineotex Chemical IPO | Tata Steel FPO | |
|---|---|---|
| Anchor Investor Reservation | 83,25,000 shares | |
| Market Maker Reservation | ||
| QIB | 21,05,580 shares | 1,94,25,000 shares |
| NII | 6,31,674 shares | 83,25,000 shares |
| RII | 14,73,906 shares | 1,94,25,000 shares |
| Employee | 15,00,000 shares | |
| Others | ||
| Total | 42,11,160 shares | 5,70,00,000 shares |
Fineotex Chemical IPO subscribed 1.57x in total, whereas Tata Steel FPO subscribed 0.00x.
| Fineotex Chemical IPO | Tata Steel FPO | |
|---|---|---|
| QIB (times) | 0.00x | 0.00x |
| NII (times) | 0.22x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.38x | 0.00x |
| Employee (times) | 0.00x | |
| Other (times) | ||
| Total (times) | 1.57x | 0.00x |
