Comparison between Ashoka Buildcon IPO and Tecpro Systems IPO.
Ashoka Buildcon IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tecpro Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ashoka Buildcon IPO is up to ₹225.00 Cr whereas the issue size of the Tecpro Systems IPO is up to ₹267.91 Cr. The final issue price of Ashoka Buildcon IPO is ₹324.00 per share and of Tecpro Systems IPO is ₹355.00 per share.
| Ashoka Buildcon IPO | Tecpro Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹297.00 per share | ₹340.00 per share |
| Issue Price (Upper) | ₹324.00 per share | ₹355.00 per share |
| Issue Price (Final) | ₹324.00 per share | ₹355.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹17.00 per share |
| Market Lot Size | 21 shares | 15 shares |
| Fresh Issue Size | 69,44,444 shares | 62,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹225.00 Cr | up to ₹221.78 Cr |
| OFS Issue Size | 0 shares | 13,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹46.13 Cr |
| Issue Size Total | 69,44,444 shares | 75,50,000 shares |
| Issue Size Total (Amount) | up to ₹225.00 Cr | up to ₹267.91 Cr |
Ashoka Buildcon IPO opens on Sep 24, 2010, while Tecpro Systems IPO opens on Sep 23, 2010. The closing date of Ashoka Buildcon IPO and Tecpro Systems IPO is Sep 28, 2010, and Sep 28, 2010, respectively.
| Ashoka Buildcon IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2010 | Sep 22, 2010 |
| Issue Open | Sep 24, 2010 | Sep 23, 2010 |
| Issue Close | Sep 28, 2010 | Sep 28, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 14, 2010 | Oct 12, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Ashoka Buildcon IPO P/E ratio is , as compared to Tecpro Systems IPO P/E ratio of .
| Ashoka Buildcon IPO | Tecpro Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 60.03 | ||||
| Promoter Shareholding (Post-Issue) | 100 | 52.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1705.41 Cr. | ₹1791.82 Cr. | ||||
| ROE | 21.3 | |||||
| ROCE | 10.9 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 17.38 | 32.04 |
In the Ashoka Buildcon IPO Retail Individual Investors (RII) are offered 20,72,917 shares while in Tecpro Systems IPO retail investors are offered 20,72,917 shares. Qualified Institutional Buyers (QIB) are offered 29,02,083 shares in Ashoka Buildcon IPO and 30,87,000 shares in Tecpro Systems IPO.
| Ashoka Buildcon IPO | Tecpro Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,43,750 shares | 13,23,000 shares |
| Market Maker Reservation | ||
| QIB | 29,02,083 shares | 30,87,000 shares |
| NII | 6,90,972 shares | 7,35,000 shares |
| RII | 20,72,917 shares | 22,05,000 shares |
| Employee | 34,722 shares | 2,00,000 shares |
| Others | ||
| Total | 69,44,444 shares | 75,50,000 shares |
Ashoka Buildcon IPO subscribed 14.28x in total, whereas Tecpro Systems IPO subscribed 20.19x.
| Ashoka Buildcon IPO | Tecpro Systems IPO | |
|---|---|---|
| QIB (times) | 27.84x | 27.99x |
| NII (times) | 15.17x | 62.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.77x | 9.07x |
| Employee (times) | 1.32x | 0.35x |
| Other (times) | ||
| Total (times) | 14.28x | 20.19x |
