Comparison between IndiGrid InvIT InvIT and Tejas Networks IPO.
IndiGrid InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tejas Networks IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IndiGrid InvIT InvIT is up to ₹2,249.96 Cr whereas the issue size of the Tejas Networks IPO is up to ₹776.69 Cr. The final issue price of IndiGrid InvIT InvIT is ₹100.00 per share and of Tejas Networks IPO is ₹257.00 per share.
| IndiGrid InvIT InvIT | Tejas Networks IPO | |
|---|---|---|
| Face Value | ₹100 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹250.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹257.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹257.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 10205 shares | 55 shares |
| Fresh Issue Size | 22,49,96,373 shares | 1,75,09,727 shares |
| Fresh Issue Size (Amount) | up to ₹2,249.96 Cr | up to ₹450.00 Cr |
| OFS Issue Size | 0 shares | 1,27,11,605 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹326.69 Cr |
| Issue Size Total | 22,49,96,373 shares | 3,02,21,332 shares |
| Issue Size Total (Amount) | up to ₹2,249.96 Cr | up to ₹776.69 Cr |
IndiGrid InvIT InvIT opens on May 17, 2017, while Tejas Networks IPO opens on Jun 14, 2017. The closing date of IndiGrid InvIT InvIT and Tejas Networks IPO is May 19, 2017, and Jun 16, 2017, respectively.
| IndiGrid InvIT InvIT | Tejas Networks IPO | |
|---|---|---|
| Anchor Bid Date | May 16, 2017 | Jun 13, 2017 |
| Issue Open | May 17, 2017 | Jun 14, 2017 |
| Issue Close | May 19, 2017 | Jun 16, 2017 |
| Basis Of Allotment (Tentative) | May 16, 2017 | Jun 21, 2017 |
| Initiation of Refunds (Tentative) | Jun 22, 2017 | |
| Credit of Share (Tentative) | Jun 23, 2017 | |
| Listing date (Tentative) | Jun 06, 2017 | Jun 27, 2017 |
| Anchor Lockin End date 1 | Jun 15, 2017 | Jul 21, 2017 |
| Anchor Lockin End date 2 | Aug 14, 2017 | Sep 19, 2017 |
IndiGrid InvIT InvIT P/E ratio is , as compared to Tejas Networks IPO P/E ratio of .
| IndiGrid InvIT InvIT | Tejas Networks IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2702.00 Cr. | ₹2301.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IndiGrid InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in Tejas Networks IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 6,75,02,484 shares in IndiGrid InvIT InvIT and 90,66,400 shares in Tejas Networks IPO.
| IndiGrid InvIT InvIT | Tejas Networks IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,12,43,520 shares | 1,35,99,600 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 6,75,02,484 shares | 90,66,400 shares |
| NII | 5,62,50,369 shares | 45,33,199 shares |
| RII | 0 shares | 30,22,133 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 22,49,96,373 shares | 3,02,21,332 shares |
IndiGrid InvIT InvIT subscribed 1.35x in total, whereas Tejas Networks IPO subscribed 1.88x.
| IndiGrid InvIT InvIT | Tejas Networks IPO | |
|---|---|---|
| QIB (times) | 1.14x | 2.16x |
| NII (times) | 0.48x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.10x | |
| Employee (times) | ||
| Other (times) | 1.60x | |
| Total (times) | 1.35x | 1.88x |
