Comparison between Sanghvi Forging IPO and Vaswani Industries IPO.
Sanghvi Forging IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vaswani Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Sanghvi Forging IPO is up to ₹36.90 Cr whereas the issue size of the Vaswani Industries IPO is up to ₹49.00 Cr. The final issue price of Sanghvi Forging IPO is ₹85.00 per share and of Vaswani Industries IPO is ₹49.00 per share.
| Sanghvi Forging IPO | Vaswani Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹80.00 per share | ₹45.00 per share |
| Issue Price (Upper) | ₹85.00 per share | ₹49.00 per share |
| Issue Price (Final) | ₹85.00 per share | ₹49.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 70 shares | 120 shares |
| Fresh Issue Size | 43,41,195 shares | 1,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹36.90 Cr | up to ₹49.00 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 | 43,41,195 shares | 1,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹36.90 Cr | up to ₹49.00 Cr |
Sanghvi Forging IPO opens on May 04, 2011, while Vaswani Industries IPO opens on Apr 29, 2011. The closing date of Sanghvi Forging IPO and Vaswani Industries IPO is May 09, 2011, and May 03, 2011, respectively.
| Sanghvi Forging IPO | Vaswani Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 04, 2011 | Apr 29, 2011 |
| Issue Close | May 09, 2011 | May 03, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | May 23, 2011 | Sep 20, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Sanghvi Forging IPO P/E ratio is , as compared to Vaswani Industries IPO P/E ratio of .
| Sanghvi Forging IPO | Vaswani Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 86.28 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 57.43 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹107.88 Cr. | ₹115.10 Cr. | ||||
| ROE | ||||||
| ROCE | 13.74 | |||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 20.95 | 9.29 |
In the Sanghvi Forging IPO Retail Individual Investors (RII) are offered 15,19,419 shares while in Vaswani Industries IPO retail investors are offered 15,19,419 shares. Qualified Institutional Buyers (QIB) are offered 21,70,597 shares in Sanghvi Forging IPO and 50,00,000 shares in Vaswani Industries IPO.
| Sanghvi Forging IPO | Vaswani Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 21,70,597 shares | 50,00,000 shares |
| NII | 6,51,179 shares | 15,00,000 shares |
| RII | 15,19,419 shares | 35,00,000 shares |
| Employee | ||
| Others | ||
| Total | 43,41,195 shares | 1,00,00,000 shares |
Sanghvi Forging IPO subscribed 1.30x in total, whereas Vaswani Industries IPO subscribed 4.16x.
| Sanghvi Forging IPO | Vaswani Industries IPO | |
|---|---|---|
| QIB (times) | 0.16x | |
| NII (times) | 1.82x | 11.29x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.93x | 6.83x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.30x | 4.16x |