Comparison between Punjab & Sind Bank IPO and Tata Steel FPO.
Punjab & Sind Bank IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tata Steel FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Punjab & Sind Bank IPO is up to ₹470.82 Cr whereas the issue size of the Tata Steel FPO is up to ₹3,477.00 Cr. The final issue price of Punjab & Sind Bank IPO is ₹120.00 per share and of Tata Steel FPO is ₹610.00 per share.
| Punjab & Sind Bank IPO | Tata Steel FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹113.00 per share | ₹594.00 per share |
| Issue Price (Upper) | ₹120.00 per share | ₹610.00 per share |
| Issue Price (Final) | ₹120.00 per share | ₹610.00 per share |
| Discount (Retail) | ₹6.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹6.00 per share | ₹0.00 per share |
| Market Lot Size | 50 shares | 10 shares |
| Fresh Issue Size | 4,00,00,000 shares | 5,70,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹470.82 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 | 4,00,00,000 shares | 5,70,00,000 shares |
| Issue Size Total (Amount) | up to ₹470.82 Cr | up to ₹3,477.00 Cr |
Punjab & Sind Bank IPO opens on Dec 13, 2010, while Tata Steel FPO opens on Jan 19, 2011. The closing date of Punjab & Sind Bank IPO and Tata Steel FPO is Dec 16, 2010, and Jan 21, 2011, respectively.
| Punjab & Sind Bank IPO | Tata Steel FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 13, 2010 | Jan 19, 2011 |
| Issue Close | Dec 16, 2010 | Jan 21, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 30, 2010 | Feb 02, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Punjab & Sind Bank IPO P/E ratio is , as compared to Tata Steel FPO P/E ratio of .
| Punjab & Sind Bank IPO | Tata Steel FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 32.69 | ||||
| Promoter Shareholding (Post-Issue) | 82.07 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹2676.67 Cr. | ₹58512.07 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 23.76 | 13.4 |
In the Punjab & Sind Bank IPO Retail Individual Investors (RII) are offered 1,33,00,000 shares while in Tata Steel FPO retail investors are offered 1,33,00,000 shares. Qualified Institutional Buyers (QIB) are offered 1,90,00,000 shares in Punjab & Sind Bank IPO and 1,94,25,000 shares in Tata Steel FPO.
| Punjab & Sind Bank IPO | Tata Steel FPO | |
|---|---|---|
| Anchor Investor Reservation | 83,25,000 shares | |
| Market Maker Reservation | ||
| QIB | 1,90,00,000 shares | 1,94,25,000 shares |
| NII | 57,00,000 shares | 83,25,000 shares |
| RII | 1,33,00,000 shares | 1,94,25,000 shares |
| Employee | 20,00,000 shares | 15,00,000 shares |
| Others | ||
| Total | 4,00,00,000 shares | 5,70,00,000 shares |
Punjab & Sind Bank IPO subscribed 50.75x in total, whereas Tata Steel FPO subscribed 0.00x.
| Punjab & Sind Bank IPO | Tata Steel FPO | |
|---|---|---|
| QIB (times) | 49.80x | 0.00x |
| NII (times) | 85.84x | 0.00x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 44.45x | 0.00x |
| Employee (times) | 1.61x | 0.00x |
| Other (times) | ||
| Total (times) | 50.75x | 0.00x |
