Comparison between Reliance Power IPO and Varun Industries IPO.
Reliance Power IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Varun Industries IPO is a Mainboard Fixed Price proposed to list at BSE, NSE.
The total issue size of Reliance Power IPO is up to ₹10,123.20 Cr whereas the issue size of the Varun Industries IPO is up to ₹39.43 Cr. The final issue price of Reliance Power IPO is ₹450.00 per share and of Varun Industries IPO is ₹60.00 per share.
| Reliance Power IPO | Varun Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹405.00 per share | |
| Issue Price (Upper) | ₹450.00 per share | |
| Issue Price (Final) | ₹450.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹20.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 15 shares | 100 shares |
| Fresh Issue Size | 22,80,00,000 shares | 65,71,145 shares |
| Fresh Issue Size (Amount) | up to ₹10,123.20 Cr | up to ₹39.43 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 | 22,80,00,000 shares | 65,71,145 shares |
| Issue Size Total (Amount) | up to ₹10,123.20 Cr | up to ₹39.43 Cr |
Reliance Power IPO opens on Jan 15, 2008, while Varun Industries IPO opens on Oct 25, 2007. The closing date of Reliance Power IPO and Varun Industries IPO is Jan 18, 2008, and Oct 31, 2007, respectively.
| Reliance Power IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jan 15, 2008 | Oct 25, 2007 |
| Issue Close | Jan 18, 2008 | Oct 31, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Feb 11, 2008 | Nov 22, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Reliance Power IPO P/E ratio is , as compared to Varun Industries IPO P/E ratio of .
| Reliance Power IPO | Varun Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 83.25 | ||||
| Promoter Shareholding (Post-Issue) | 90 | 60.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹101700.00 Cr. | ₹132.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 63 | 19.24 |
In the Reliance Power IPO Retail Individual Investors (RII) are offered 6,84,00,000 shares while in Varun Industries IPO retail investors are offered 6,84,00,000 shares. Qualified Institutional Buyers (QIB) are offered 13,68,00,000 shares in Reliance Power IPO and in Varun Industries IPO.
| Reliance Power IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 13,68,00,000 shares | |
| NII | 2,28,00,000 shares | 32,85,000 shares |
| RII | 6,84,00,000 shares | 32,85,000 shares |
| Employee | ||
| Others | ||
| Total | 22,80,00,000 shares | 65,70,000 shares |
Reliance Power IPO subscribed 73.04x in total, whereas Varun Industries IPO subscribed 36.47x.
| Reliance Power IPO | Varun Industries IPO | |
|---|---|---|
| QIB (times) | 82.62x | |
| NII (times) | 190.02x | 31.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.87x | 41.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 73.04x | 36.47x |
