Comparison between Readymade Steel IPO and Tree House Education IPO.
Readymade Steel IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Tree House Education IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Readymade Steel IPO is up to ₹34.75 Cr whereas the issue size of the Tree House Education IPO is up to ₹112.06 Cr. The final issue price of Readymade Steel IPO is ₹108.00 per share and of Tree House Education IPO is ₹135.00 per share.
| Readymade Steel IPO | Tree House Education IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹135.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹153.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹6.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 40 shares |
| Fresh Issue Size | 32,17,153 shares | 84,32,189 shares |
| Fresh Issue Size (Amount) | up to ₹34.75 Cr | up to ₹112.06 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 | 32,17,153 shares | 84,32,189 shares |
| Issue Size Total (Amount) | up to ₹34.75 Cr | up to ₹112.06 Cr |
Readymade Steel IPO opens on Jun 27, 2011, while Tree House Education IPO opens on Aug 10, 2011. The closing date of Readymade Steel IPO and Tree House Education IPO is Jun 29, 2011, and Aug 12, 2011, respectively.
| Readymade Steel IPO | Tree House Education IPO | |
|---|---|---|
| Anchor Bid Date | Aug 09, 2011 | |
| Issue Open | Jun 27, 2011 | Aug 10, 2011 |
| Issue Close | Jun 29, 2011 | Aug 12, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 13, 2011 | Aug 26, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Readymade Steel IPO P/E ratio is , as compared to Tree House Education IPO P/E ratio of .
| Readymade Steel IPO | Tree House Education IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 88.83 | 39.47 | ||||
| Promoter Shareholding (Post-Issue) | 64.44 | 29.6 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹126.56 Cr. | ₹455.16 Cr. | ||||
| ROE | 5.7 | |||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.14 | 7.5 |
In the Readymade Steel IPO Retail Individual Investors (RII) are offered 11,26,004 shares while in Tree House Education IPO retail investors are offered 11,26,004 shares. Qualified Institutional Buyers (QIB) are offered 16,08,576 shares in Readymade Steel IPO and 29,51,267 shares in Tree House Education IPO.
| Readymade Steel IPO | Tree House Education IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,64,828 shares | |
| Market Maker Reservation | ||
| QIB | 16,08,576 shares | 29,51,267 shares |
| NII | 4,82,573 shares | 12,64,828 shares |
| RII | 11,26,004 shares | 29,51,266 shares |
| Employee | ||
| Others | ||
| Total | 32,17,153 shares | 84,32,189 shares |
Readymade Steel IPO subscribed 2.02x in total, whereas Tree House Education IPO subscribed 1.58x.
| Readymade Steel IPO | Tree House Education IPO | |
|---|---|---|
| QIB (times) | 0.04x | 1.02x |
| NII (times) | 1.64x | 1.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 5.02x | 2.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.02x | 1.58x |
