Comparison between CreditAccess Grameen IPO and Varroc Engineering IPO.
CreditAccess Grameen IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varroc Engineering IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of CreditAccess Grameen IPO is up to ₹1,131.19 Cr whereas the issue size of the Varroc Engineering IPO is up to ₹1,955.18 Cr. The final issue price of CreditAccess Grameen IPO is ₹422.00 per share and of Varroc Engineering IPO is ₹967.00 per share.
| CreditAccess Grameen IPO | Varroc Engineering IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹418.00 per share | ₹965.00 per share |
| Issue Price (Upper) | ₹422.00 per share | ₹967.00 per share |
| Issue Price (Final) | ₹422.00 per share | ₹967.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹48.00 per share | |
| Market Lot Size | 35 shares | 15 shares |
| Fresh Issue Size | 1,49,28,909 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹630.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,18,76,485 shares | 2,02,21,730 shares |
| OFS Issue Size (Amount) | up to ₹501.19 Cr | up to ₹1,955.18 Cr |
| Issue Size Total | 2,68,05,394 shares | 2,02,21,730 shares |
| Issue Size Total (Amount) | up to ₹1,131.19 Cr | up to ₹1,955.18 Cr |
CreditAccess Grameen IPO opens on Aug 08, 2018, while Varroc Engineering IPO opens on Jun 26, 2018. The closing date of CreditAccess Grameen IPO and Varroc Engineering IPO is Aug 10, 2018, and Jun 28, 2018, respectively.
| CreditAccess Grameen IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Bid Date | Aug 07, 2018 | Jun 25, 2018 |
| Issue Open | Aug 08, 2018 | Jun 26, 2018 |
| Issue Close | Aug 10, 2018 | Jun 28, 2018 |
| Basis Of Allotment (Tentative) | Aug 16, 2018 | Jul 03, 2018 |
| Initiation of Refunds (Tentative) | Aug 20, 2018 | Jul 04, 2018 |
| Credit of Share (Tentative) | Aug 21, 2018 | Jul 05, 2018 |
| Listing date (Tentative) | Aug 23, 2018 | Jul 06, 2018 |
| Anchor Lockin End date 1 | Sep 15, 2018 | Aug 02, 2018 |
| Anchor Lockin End date 2 | Nov 14, 2018 | Oct 01, 2018 |
CreditAccess Grameen IPO P/E ratio is , as compared to Varroc Engineering IPO P/E ratio of .
| CreditAccess Grameen IPO | Varroc Engineering IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹6049.63 Cr. | ₹13036.27 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the CreditAccess Grameen IPO Retail Individual Investors (RII) are offered 93,81,888 shares while in Varroc Engineering IPO retail investors are offered 93,81,888 shares. Qualified Institutional Buyers (QIB) are offered 53,61,079 shares in CreditAccess Grameen IPO and 40,24,346 shares in Varroc Engineering IPO.
| CreditAccess Grameen IPO | Varroc Engineering IPO | |
|---|---|---|
| Anchor Investor Reservation | 80,41,617 shares | 60,36,518 shares |
| Market Maker Reservation | ||
| QIB | 53,61,079 shares | 40,24,346 shares |
| NII | 40,20,810 shares | 30,18,260 shares |
| RII | 93,81,888 shares | 70,42,606 shares |
| Employee | 1,00,000 shares | |
| Others | ||
| Total | 2,68,05,394 shares | 2,02,21,730 shares |
CreditAccess Grameen IPO subscribed 2.22x in total, whereas Varroc Engineering IPO subscribed 3.54x.
| CreditAccess Grameen IPO | Varroc Engineering IPO | |
|---|---|---|
| QIB (times) | 5.52x | 9.15x |
| NII (times) | 0.98x | 2.45x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.87x | 0.84x |
| Employee (times) | 0.63x | |
| Other (times) | ||
| Total (times) | 2.22x | 3.54x |
