Comparison between PSP Projects IPO and Tejas Networks IPO.
PSP Projects IPO 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 PSP Projects IPO is up to ₹211.68 Cr whereas the issue size of the Tejas Networks IPO is up to ₹776.69 Cr. The final issue price of PSP Projects IPO is ₹210.00 per share and of Tejas Networks IPO is ₹257.00 per share.
| PSP Projects IPO | Tejas Networks IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹205.00 per share | ₹250.00 per share |
| Issue Price (Upper) | ₹210.00 per share | ₹257.00 per share |
| Issue Price (Final) | ₹210.00 per share | ₹257.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 70 shares | 55 shares |
| Fresh Issue Size | 72,00,000 shares | 1,75,09,727 shares |
| Fresh Issue Size (Amount) | up to ₹151.20 Cr | up to ₹450.00 Cr |
| OFS Issue Size | 28,80,000 shares | 1,27,11,605 shares |
| OFS Issue Size (Amount) | up to ₹60.48 Cr | up to ₹326.69 Cr |
| Issue Size Total | 1,00,80,000 shares | 3,02,21,332 shares |
| Issue Size Total (Amount) | up to ₹211.68 Cr | up to ₹776.69 Cr |
PSP Projects IPO opens on May 17, 2017, while Tejas Networks IPO opens on Jun 14, 2017. The closing date of PSP Projects IPO and Tejas Networks IPO is May 19, 2017, and Jun 16, 2017, respectively.
| PSP Projects IPO | 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 24, 2017 | Jun 21, 2017 |
| Initiation of Refunds (Tentative) | May 26, 2017 | Jun 22, 2017 |
| Credit of Share (Tentative) | May 26, 2017 | Jun 23, 2017 |
| Listing date (Tentative) | May 29, 2017 | Jun 27, 2017 |
| Anchor Lockin End date 1 | Jun 23, 2017 | Jul 21, 2017 |
| Anchor Lockin End date 2 | Aug 22, 2017 | Sep 19, 2017 |
PSP Projects IPO P/E ratio is , as compared to Tejas Networks IPO P/E ratio of .
| PSP Projects IPO | Tejas Networks IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹756.00 Cr. | ₹2301.38 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the PSP Projects IPO Retail Individual Investors (RII) are offered 10,08,000 shares while in Tejas Networks IPO retail investors are offered 10,08,000 shares. Qualified Institutional Buyers (QIB) are offered 30,24,000 shares in PSP Projects IPO and 90,66,400 shares in Tejas Networks IPO.
| PSP Projects IPO | Tejas Networks IPO | |
|---|---|---|
| Anchor Investor Reservation | 45,36,000 shares | 1,35,99,600 shares |
| Market Maker Reservation | ||
| QIB | 30,24,000 shares | 90,66,400 shares |
| NII | 15,12,000 shares | 45,33,199 shares |
| RII | 10,08,000 shares | 30,22,133 shares |
| Employee | ||
| Others | ||
| Total | 1,00,80,000 shares | 3,02,21,332 shares |
PSP Projects IPO subscribed 8.58x in total, whereas Tejas Networks IPO subscribed 1.88x.
| PSP Projects IPO | Tejas Networks IPO | |
|---|---|---|
| QIB (times) | 8.38x | 2.16x |
| NII (times) | 10.39x | 0.48x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.47x | 3.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.58x | 1.88x |
