Comparison between Gitanjali Gems IPO and Union Bank of India FPO.
Gitanjali Gems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Union Bank of India FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Gitanjali Gems IPO is up to ₹331.50 Cr whereas the issue size of the Union Bank of India FPO is up to ₹495.00 Cr. The final issue price of Gitanjali Gems IPO is ₹195.00 per share and of Union Bank of India FPO is ₹110.00 per share.
| Gitanjali Gems IPO | Union Bank of India FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹170.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹195.00 per share | ₹110.00 per share |
| Issue Price (Final) | ₹195.00 per share | ₹110.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,70,00,000 shares | 4,50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹331.50 Cr | up to ₹495.00 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 | 1,70,00,000 shares | 4,50,00,000 shares |
| Issue Size Total (Amount) | up to ₹331.50 Cr | up to ₹495.00 Cr |
Gitanjali Gems IPO opens on Feb 16, 2006, while Union Bank of India FPO opens on Feb 15, 2006. The closing date of Gitanjali Gems IPO and Union Bank of India FPO is Feb 21, 2006, and Feb 21, 2006, respectively.
| Gitanjali Gems IPO | Union Bank of India FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 16, 2006 | Feb 15, 2006 |
| Issue Close | Feb 21, 2006 | Feb 21, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Mar 10, 2006 | Mar 09, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Gitanjali Gems IPO P/E ratio is 92.49, as compared to Union Bank of India FPO P/E ratio of 7.04.
| Gitanjali Gems IPO | Union Bank of India FPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.24 | 60.85 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.8 | 55.43 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 92.49 | 7.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1150.47 Cr. | ₹5556.30 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.11 | ₹15.63 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 4.55 | 23.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Gitanjali Gems IPO Retail Individual Investors (RII) are offered 58,97,500 shares while in Union Bank of India FPO retail investors are offered 58,97,500 shares. Qualified Institutional Buyers (QIB) are offered 84,25,000 shares in Gitanjali Gems IPO and 2,02,50,000 shares in Union Bank of India FPO.
| Gitanjali Gems IPO | Union Bank of India FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 84,25,000 shares | 2,02,50,000 shares |
| NII | 25,27,500 shares | 60,75,000 shares |
| RII | 58,97,500 shares | 1,41,75,000 shares |
| Employee | 1,50,000 shares | 45,00,000 shares |
| Others | ||
| Total | 1,70,00,000 shares | 4,50,00,000 shares |
Gitanjali Gems IPO subscribed in total, whereas Union Bank of India FPO subscribed .
