Radha Madhav CorpLtd IPO vs Tulip IT Services IPO

Comparison between Radha Madhav CorpLtd IPO and Tulip IT Services IPO.

IPO Details

Radha Madhav CorpLtd IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while Tulip IT Services IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Radha Madhav CorpLtd IPO is up to ₹20.00 Cr whereas the issue size of the Tulip IT Services IPO is up to ₹108.00 Cr. The final issue price of Radha Madhav CorpLtd IPO is ₹20.00 per share and of Tulip IT Services IPO is ₹120.00 per share.

 Radha Madhav CorpLtd IPOTulip IT Services IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹100.00 per share
Issue Price (Upper)₹120.00 per share
Issue Price (Final)₹20.00 per share₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size1,00,00,002 shares90,00,000 shares
Fresh Issue Size (Amount)up to ₹20.00 Crup to ₹108.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,00,00,002 shares90,00,000 shares
Issue Size Total (Amount)up to ₹20.00 Crup to ₹108.00 Cr

IPO Timetable

Radha Madhav CorpLtd IPO opens on Dec 12, 2005, while Tulip IT Services IPO opens on Dec 09, 2005. The closing date of Radha Madhav CorpLtd IPO and Tulip IT Services IPO is Dec 16, 2005, and Dec 15, 2005, respectively.

Financials & KPIs

Radha Madhav CorpLtd IPO P/E ratio is , as compared to Tulip IT Services IPO P/E ratio of 17.12.

 Radha Madhav CorpLtd IPOTulip IT Services IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 200531 Mar 2005
Assets19.0713.53
Total Income18.282.32
Profit After Tax1.400.08
NET Worth14.708.59
Reserves and Surplus7.392.90
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 200531 Mar 200531 Mar 2004
Assets93.5269.9231.61
Total Income195.81343.86276.12
Profit After Tax16.7314.026.67
NET Worth53.1646.7618.74
Reserves and Surplus31.5720.856.83
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.08100
Promoter Shareholding (Post-Issue)33.6468.97
P/E Ratio17.12
Market Cap₹348.00 Cr.
ROE
ROCE
Debt/Equity
EPS₹7.01
RoNW2.9529.98

Shares Offered

In the Radha Madhav CorpLtd IPO Retail Individual Investors (RII) are offered 27,50,000 shares while in Tulip IT Services IPO retail investors are offered 27,50,000 shares. Qualified Institutional Buyers (QIB) are offered 10,00,000 shares in Radha Madhav CorpLtd IPO and 40,50,000 shares in Tulip IT Services IPO.

 Radha Madhav CorpLtd IPOTulip IT Services IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB10,00,000 shares40,50,000 shares
NII27,50,000 shares12,15,000 shares
RII27,50,000 shares28,35,000 shares
Employee10,00,000 shares9,00,000 shares
Others
Total1,00,00,000 shares90,00,000 shares

Bids Received (Subscription)

Radha Madhav CorpLtd IPO subscribed in total, whereas Tulip IT Services IPO subscribed .

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