Comparison between Religare Enterprises IPO and Varun Industries IPO.
Religare Enterprises 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 Religare Enterprises IPO is up to ₹140.16 Cr whereas the issue size of the Varun Industries IPO is up to ₹39.43 Cr. The final issue price of Religare Enterprises IPO is ₹185.00 per share and of Varun Industries IPO is ₹60.00 per share.
| Religare Enterprises IPO | Varun Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹160.00 per share | |
| Issue Price (Upper) | ₹185.00 per share | |
| Issue Price (Final) | ₹185.00 per share | ₹60.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 35 shares | 100 shares |
| Fresh Issue Size | 75,76,102 shares | 65,71,145 shares |
| Fresh Issue Size (Amount) | up to ₹140.16 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 | 75,76,102 shares | 65,71,145 shares |
| Issue Size Total (Amount) | up to ₹140.16 Cr | up to ₹39.43 Cr |
Religare Enterprises IPO opens on Oct 29, 2007, while Varun Industries IPO opens on Oct 25, 2007. The closing date of Religare Enterprises IPO and Varun Industries IPO is Nov 01, 2007, and Oct 31, 2007, respectively.
| Religare Enterprises IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Oct 29, 2007 | Oct 25, 2007 |
| Issue Close | Nov 01, 2007 | Oct 31, 2007 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Nov 21, 2007 | Nov 22, 2007 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Religare Enterprises IPO P/E ratio is , as compared to Varun Industries IPO P/E ratio of .
| Religare Enterprises IPO | Varun Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 60.41 | 83.25 | ||||
| Promoter Shareholding (Post-Issue) | 54.36 | 60.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹1401.58 Cr. | ₹132.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 7.81 | 19.24 |
In the Religare Enterprises IPO Retail Individual Investors (RII) are offered 22,72,831 shares while in Varun Industries IPO retail investors are offered 22,72,831 shares. Qualified Institutional Buyers (QIB) are offered 45,45,662 shares in Religare Enterprises IPO and in Varun Industries IPO.
| Religare Enterprises IPO | Varun Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 45,45,662 shares | |
| NII | 7,57,609 shares | 32,85,000 shares |
| RII | 22,72,831 shares | 32,85,000 shares |
| Employee | ||
| Others | ||
| Total | 75,76,102 shares | 65,70,000 shares |
Religare Enterprises IPO subscribed 160.56x in total, whereas Varun Industries IPO subscribed 36.47x.
| Religare Enterprises IPO | Varun Industries IPO | |
|---|---|---|
| QIB (times) | 184.95x | |
| NII (times) | 215.45x | 31.84x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 93.50x | 41.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 160.56x | 36.47x |
