Comparison between Prakash Steelage IPO and VA Tech Wabag IPO.
Prakash Steelage IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while VA Tech Wabag IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Prakash Steelage IPO is up to ₹68.75 Cr whereas the issue size of the VA Tech Wabag IPO is up to ₹472.59 Cr. The final issue price of Prakash Steelage IPO is ₹110.00 per share and of VA Tech Wabag IPO is ₹1,310.00 per share.
| Prakash Steelage IPO | VA Tech Wabag IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹1,230.00 per share |
| Issue Price (Upper) | ₹110.00 per share | ₹1,310.00 per share |
| Issue Price (Final) | ₹110.00 per share | ₹1,310.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 60 shares | 5 shares |
| Fresh Issue Size | 62,50,039 shares | 9,54,198 shares |
| Fresh Issue Size (Amount) | up to ₹68.75 Cr | up to ₹125.00 Cr |
| OFS Issue Size | 0 shares | 26,53,383 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹347.59 Cr |
| Issue Size Total | 62,50,039 shares | 36,07,581 shares |
| Issue Size Total (Amount) | up to ₹68.75 Cr | up to ₹472.59 Cr |
Prakash Steelage IPO opens on Aug 05, 2010, while VA Tech Wabag IPO opens on Sep 22, 2010. The closing date of Prakash Steelage IPO and VA Tech Wabag IPO is Aug 10, 2010, and Sep 27, 2010, respectively.
| Prakash Steelage IPO | VA Tech Wabag IPO | |
|---|---|---|
| Anchor Bid Date | Sep 21, 2010 | |
| Issue Open | Aug 05, 2010 | Sep 22, 2010 |
| Issue Close | Aug 10, 2010 | Sep 27, 2010 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 25, 2010 | Oct 13, 2010 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Prakash Steelage IPO P/E ratio is , as compared to VA Tech Wabag IPO P/E ratio of .
| Prakash Steelage IPO | VA Tech Wabag IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 34.34 | ||||
| Promoter Shareholding (Post-Issue) | 64.29 | 31.21 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹192.50 Cr. | ₹1374.85 Cr. | ||||
| ROE | ||||||
| ROCE | 33.7 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 35.03 | 18.4 |
In the Prakash Steelage IPO Retail Individual Investors (RII) are offered 21,52,500 shares while in VA Tech Wabag IPO retail investors are offered 21,52,500 shares. Qualified Institutional Buyers (QIB) are offered 30,75,000 shares in Prakash Steelage IPO and 12,62,653 shares in VA Tech Wabag IPO.
| Prakash Steelage IPO | VA Tech Wabag IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,41,136 shares | |
| Market Maker Reservation | ||
| QIB | 30,75,000 shares | 12,62,653 shares |
| NII | 9,22,500 shares | 5,41,138 shares |
| RII | 21,52,500 shares | 12,62,654 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 62,50,000 shares | 36,07,581 shares |
Prakash Steelage IPO subscribed 4.53x in total, whereas VA Tech Wabag IPO subscribed 31.41x.
| Prakash Steelage IPO | VA Tech Wabag IPO | |
|---|---|---|
| QIB (times) | 1.27x | 37.02x |
| NII (times) | 10.91x | 102.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.62x | 8.70x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 4.53x | 31.41x |
