Comparison between Bharat Highways InvIT InvIT and Vibhor Steel Tubes IPO.
Bharat Highways InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vibhor Steel Tubes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Bharat Highways InvIT InvIT is up to ₹2,500.00 Cr whereas the issue size of the Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of Bharat Highways InvIT InvIT is ₹100.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.
| Bharat Highways InvIT InvIT | Vibhor Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹98.00 per share | ₹141.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹151.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹151.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 150 shares | 99 shares |
| Fresh Issue Size | 24,99,99,900 shares | 47,79,443 shares |
| Fresh Issue Size (Amount) | up to ₹2,500.00 Cr | up to ₹72.17 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 | 24,99,99,900 shares | 47,79,443 shares |
| Issue Size Total (Amount) | up to ₹2,500.00 Cr | up to ₹72.17 Cr |
Bharat Highways InvIT InvIT opens on Feb 28, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of Bharat Highways InvIT InvIT and Vibhor Steel Tubes IPO is Mar 01, 2024, and Feb 15, 2024, respectively.
| Bharat Highways InvIT InvIT | Vibhor Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2024 | Feb 12, 2024 |
| Issue Open | Feb 28, 2024 | Feb 13, 2024 |
| Issue Close | Mar 01, 2024 | Feb 15, 2024 |
| Basis Of Allotment (Tentative) | Mar 06, 2024 | Feb 16, 2024 |
| Initiation of Refunds (Tentative) | Mar 07, 2024 | Feb 19, 2024 |
| Credit of Share (Tentative) | Mar 07, 2024 | Feb 19, 2024 |
| Listing date (Tentative) | Mar 12, 2024 | Feb 20, 2024 |
| Anchor Lockin End date 1 | Apr 05, 2024 | Mar 17, 2024 |
| Anchor Lockin End date 2 | Jun 04, 2024 | May 16, 2024 |
Bharat Highways InvIT InvIT P/E ratio is , as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.
| Bharat Highways InvIT InvIT | Vibhor Steel Tubes IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.24 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.17 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹286.33 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 25.51% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.48% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹14.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 22.60% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bharat Highways InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in Vibhor Steel Tubes IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 5,50,65,000 shares in Bharat Highways InvIT InvIT and 9,50,063 shares in Vibhor Steel Tubes IPO.
| Bharat Highways InvIT InvIT | Vibhor Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,25,97,350 shares | 14,24,907 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 5,50,65,000 shares | 9,50,063 shares |
| NII | 4,58,87,550 shares | 7,12,491 shares |
| RII | 0 shares | 16,62,479 shares |
| Employee | 0 shares | 29,503 shares |
| Others | ||
| Total | 24,99,99,900 shares | 47,79,443 shares |
Bharat Highways InvIT InvIT subscribed 6.74x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.
| Bharat Highways InvIT InvIT | Vibhor Steel Tubes IPO | |
|---|---|---|
| QIB (times) | 6.59x | 191.41x |
| NII (times) | 772.49x | |
| Big NII (times) | 754.37x | |
| Small NII (times) | 808.72x | |
| RII (times) | 201.52x | |
| Employee (times) | 215.79x | |
| Other (times) | 6.93x | |
| Total (times) | 6.74x | 320.05x |
