Comparison between IRB InvIT Fund InvIT and Tejas Networks IPO.
IRB InvIT Fund 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 IRB InvIT Fund InvIT is up to ₹5,032.88 Cr whereas the issue size of the Tejas Networks IPO is up to ₹776.69 Cr. The final issue price of IRB InvIT Fund InvIT is ₹102.00 per share and of Tejas Networks IPO is ₹257.00 per share.
| IRB InvIT Fund InvIT | Tejas Networks IPO | |
|---|---|---|
| Face Value | ₹102 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹250.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹257.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹257.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 55 shares |
| Fresh Issue Size | 46,52,09,336 shares | 1,75,09,727 shares |
| Fresh Issue Size (Amount) | up to ₹4,745.14 Cr | up to ₹450.00 Cr |
| OFS Issue Size | 2,82,10,664 shares | 1,27,11,605 shares |
| OFS Issue Size (Amount) | up to ₹287.75 Cr | up to ₹326.69 Cr |
| Issue Size Total | 49,34,20,000 shares | 3,02,21,332 shares |
| Issue Size Total (Amount) | up to ₹5,032.88 Cr | up to ₹776.69 Cr |
IRB InvIT Fund InvIT opens on May 03, 2017, while Tejas Networks IPO opens on Jun 14, 2017. The closing date of IRB InvIT Fund InvIT and Tejas Networks IPO is May 05, 2017, and Jun 16, 2017, respectively.
| IRB InvIT Fund InvIT | Tejas Networks IPO | |
|---|---|---|
| Anchor Bid Date | Jun 13, 2017 | |
| Issue Open | May 03, 2017 | Jun 14, 2017 |
| Issue Close | May 05, 2017 | Jun 16, 2017 |
| Basis Of Allotment (Tentative) | Jun 21, 2017 | |
| Initiation of Refunds (Tentative) | Jun 22, 2017 | |
| Credit of Share (Tentative) | Jun 23, 2017 | |
| Listing date (Tentative) | May 18, 2017 | Jun 27, 2017 |
| Anchor Lockin End date 1 | Jul 21, 2017 | |
| Anchor Lockin End date 2 | Sep 19, 2017 |
IRB InvIT Fund InvIT P/E ratio is , as compared to Tejas Networks IPO P/E ratio of .
| IRB InvIT Fund InvIT | Tejas Networks IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5921.10 Cr. | ₹2301.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IRB InvIT Fund 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 16,47,20,000 shares in IRB InvIT Fund InvIT and 90,66,400 shares in Tejas Networks IPO.
| IRB InvIT Fund InvIT | Tejas Networks IPO | |
|---|---|---|
| Anchor Investor Reservation | 20,53,40,000 shares | 1,35,99,600 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 16,47,20,000 shares | 90,66,400 shares |
| NII | 12,33,60,000 shares | 45,33,199 shares |
| RII | 0 shares | 30,22,133 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 49,34,20,000 shares | 3,02,21,332 shares |
IRB InvIT Fund InvIT subscribed 8.57x in total, whereas Tejas Networks IPO subscribed 1.88x.
| IRB InvIT Fund InvIT | Tejas Networks IPO | |
|---|---|---|
| QIB (times) | 10.81x | 2.16x |
| NII (times) | 0.48x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 3.10x | |
| Employee (times) | ||
| Other (times) | 5.89x | |
| Total (times) | 8.57x | 1.88x |
