Comparison between Nitco Tiles IPO and Visa Steel IPO.
Nitco Tiles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Visa Steel IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
| Nitco Tiles IPO | Visa Steel IPO | |
|---|---|---|
| Logo |  | |
| Issue Category | Mainboard | Mainboard |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE, NSE | BSE, NSE |
| Lead Managers | JM Morgan Stanley Pvt.Ltd. Enam Financial Consultants Pvt Ltd | |
| Registrar | Kfin Technologies Ltd. | |
| Market Maker | ||
| DRHP | DRHP  | |
| RHP | ||
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL |
The total issue size of Nitco Tiles IPO is up to ₹168.00 Cr whereas the issue size of the Visa Steel IPO is up to ₹171.00 Cr. The final issue price of Nitco Tiles IPO is ₹168.00 per share and of Visa Steel IPO is ₹57.00 per share.
| Nitco Tiles IPO | Visa Steel IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹140.00 per share | ₹52.00 per share |
| Issue Price (Upper) | ₹168.00 per share | ₹57.00 per share |
| Issue Price (Final) | ₹168.00 per share | ₹57.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 1,00,00,000 shares | 3,00,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹168.00 Cr | up to ₹171.00 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 | 1,00,00,000 shares | 3,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹168.00 Cr | up to ₹171.00 Cr |
Nitco Tiles IPO opens on Feb 22, 2006, while Visa Steel IPO opens on Feb 23, 2006. The closing date of Nitco Tiles IPO and Visa Steel IPO is Feb 27, 2006, and Feb 27, 2006, respectively.
Nitco Tiles IPO P/E ratio is , as compared to Visa Steel IPO P/E ratio of 65.15.
| Nitco Tiles IPO | Visa Steel IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 86.44 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 47.62 | 72.73 | |||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 65.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹374.16 Cr. | ₹627.00 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.95% | ||||||||||||||||||||||||||||||||||||||||||||||||||
In the Nitco Tiles IPO Retail Individual Investors (RII) are offered 31,50,000 shares while in Visa Steel IPO retail investors are offered 31,50,000 shares. Qualified Institutional Buyers (QIB) are offered 45,00,000 shares in Nitco Tiles IPO and 1,50,00,000 shares in Visa Steel IPO.
| Nitco Tiles IPO | Visa Steel IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 45,00,000 shares | 1,50,00,000 shares |
| NII | 13,50,000 shares | 45,00,000 shares |
| RII | 31,50,000 shares | 1,05,00,000 shares |
| Employee | 10,00,000 shares | 0 shares |
| Others | ||
| Total | 1,00,00,000 shares | 3,00,00,000 shares |
Nitco Tiles IPO subscribed in total, whereas Visa Steel IPO subscribed .
