Comparison between Readymade Steel IPO and VMS Industries IPO.
Readymade Steel IPO is a Mainboard Bookbuilding IPO proposed to list at BSE while VMS Industries IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Readymade Steel IPO is up to ₹34.75 Cr whereas the issue size of the VMS Industries IPO is up to ₹25.75 Cr. The final issue price of Readymade Steel IPO is ₹108.00 per share and of VMS Industries IPO is ₹40.00 per share.
| Readymade Steel IPO | VMS Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹36.00 per share |
| Issue Price (Upper) | ₹108.00 per share | ₹40.00 per share |
| Issue Price (Final) | ₹108.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 60 shares | 160 shares |
| Fresh Issue Size | 32,17,153 shares | 64,38,227 shares |
| Fresh Issue Size (Amount) | up to ₹34.75 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 | 32,17,153 shares | 64,38,227 shares |
| Issue Size Total (Amount) | up to ₹34.75 Cr | up to ₹25.75 Cr |
Readymade Steel IPO opens on Jun 27, 2011, while VMS Industries IPO opens on May 30, 2011. The closing date of Readymade Steel IPO and VMS Industries IPO is Jun 29, 2011, and Jun 02, 2011, respectively.
| Readymade Steel IPO | VMS Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 27, 2011 | May 30, 2011 |
| Issue Close | Jun 29, 2011 | Jun 02, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 13, 2011 | Jun 14, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Readymade Steel IPO P/E ratio is , as compared to VMS Industries IPO P/E ratio of .
| Readymade Steel IPO | VMS Industries IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 88.83 | 92.93 | ||||
| Promoter Shareholding (Post-Issue) | 64.44 | 56.61 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹126.56 Cr. | ₹65.89 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 5.14 | 12.81 |
In the Readymade Steel IPO Retail Individual Investors (RII) are offered 11,26,004 shares while in VMS Industries IPO retail investors are offered 11,26,004 shares. Qualified Institutional Buyers (QIB) are offered 16,08,576 shares in Readymade Steel IPO and 32,18,750 shares in VMS Industries IPO.
| Readymade Steel IPO | VMS Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 16,08,576 shares | 32,18,750 shares |
| NII | 4,82,573 shares | 9,65,625 shares |
| RII | 11,26,004 shares | 22,53,125 shares |
| Employee | ||
| Others | ||
| Total | 32,17,153 shares | 64,37,500 shares |
Readymade Steel IPO subscribed 1.68x in total, whereas VMS Industries IPO subscribed 1.36x.
| Readymade Steel IPO | VMS Industries IPO | |
|---|---|---|
| QIB (times) | 0.03x | |
| NII (times) | 1.37x | 1.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.18x | 3.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.68x | 1.36x |
