Comparison between L&T Finance Holdings IPO and VMS Industries IPO.
L&T Finance Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while VMS Industries IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of L&T Finance Holdings IPO is up to ₹1,245.00 Cr whereas the issue size of the VMS Industries IPO is up to ₹25.75 Cr. The final issue price of L&T Finance Holdings IPO is ₹52.00 per share and of VMS Industries IPO is ₹40.00 per share.
| L&T Finance Holdings IPO | VMS Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹36.00 per share |
| Issue Price (Upper) | ₹59.00 per share | ₹40.00 per share |
| Issue Price (Final) | ₹52.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹2.00 per share | |
| Market Lot Size | 100 shares | 160 shares |
| Fresh Issue Size | 23,77,05,361 shares | 64,38,227 shares |
| Fresh Issue Size (Amount) | up to ₹1,245.00 Cr | up to ₹25.75 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 | 23,77,05,361 shares | 64,38,227 shares |
| Issue Size Total (Amount) | up to ₹1,245.00 Cr | up to ₹25.75 Cr |
L&T Finance Holdings IPO opens on Jul 27, 2011, while VMS Industries IPO opens on May 30, 2011. The closing date of L&T Finance Holdings IPO and VMS Industries IPO is Jul 29, 2011, and Jun 02, 2011, respectively.
| L&T Finance Holdings IPO | VMS Industries IPO | |
|---|---|---|
| Anchor Bid Date | Jul 26, 2011 | |
| Issue Open | Jul 27, 2011 | May 30, 2011 |
| Issue Close | Jul 29, 2011 | Jun 02, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 12, 2011 | Jun 14, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Finance Holdings IPO P/E ratio is , as compared to VMS Industries IPO P/E ratio of .
| L&T Finance Holdings IPO | VMS Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 95.94 | 92.93 | ||||
| Promoter Shareholding (Post-Issue) | 82.64 | 56.61 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8916.59 Cr. | ₹65.89 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 13.58 | 12.81 |
In the L&T Finance Holdings IPO Retail Individual Investors (RII) are offered 7,16,19,953 shares while in VMS Industries IPO retail investors are offered 7,16,19,953 shares. Qualified Institutional Buyers (QIB) are offered 7,49,83,920 shares in L&T Finance Holdings IPO and 32,18,750 shares in VMS Industries IPO.
| L&T Finance Holdings IPO | VMS Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,73,30,300 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 7,49,83,920 shares | 32,18,750 shares |
| NII | 3,06,94,265 shares | 9,65,625 shares |
| RII | 7,16,19,953 shares | 22,53,125 shares |
| Employee | 1,00,00,000 shares | |
| Others | ||
| Total | 23,77,05,361 shares | 64,37,500 shares |
L&T Finance Holdings IPO subscribed 5.33x in total, whereas VMS Industries IPO subscribed 1.36x.
| L&T Finance Holdings IPO | VMS Industries IPO | |
|---|---|---|
| QIB (times) | 1.93x | |
| NII (times) | 6.18x | 1.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.61x | 3.41x |
| Employee (times) | 1.53x | |
| Other (times) | 3.35x | |
| Total (times) | 5.33x | 1.36x |
