Comparison between Development Credit Bank IPO and Zenith Birla FPO.
Development Credit Bank IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Zenith Birla FPO is a Mainboard Fixed Price proposed to list at BSE.
The total issue size of Development Credit Bank IPO is up to ₹185.90 Cr whereas the issue size of the Zenith Birla FPO is up to ₹106.00 Cr. The final issue price of Development Credit Bank IPO is ₹26.00 per share and of Zenith Birla FPO is ₹55.00 per share.
| Development Credit Bank IPO | Zenith Birla FPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹22.00 per share | |
| Issue Price (Upper) | ₹26.00 per share | |
| Issue Price (Final) | ₹26.00 per share | ₹55.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 250 shares | |
| Fresh Issue Size | 7,15,00,000 shares | 1,92,72,727 shares |
| Fresh Issue Size (Amount) | up to ₹185.90 Cr | up to ₹106.00 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 | 7,15,00,000 shares | 1,92,72,727 shares |
| Issue Size Total (Amount) | up to ₹185.90 Cr | up to ₹106.00 Cr |
Development Credit Bank IPO opens on Sep 29, 2006, while Zenith Birla FPO opens on Oct 16, 2006. The closing date of Development Credit Bank IPO and Zenith Birla FPO is Oct 06, 2006, and Oct 20, 2006, respectively.
| Development Credit Bank IPO | Zenith Birla FPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 29, 2006 | Oct 16, 2006 |
| Issue Close | Oct 06, 2006 | Oct 20, 2006 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Oct 27, 2006 | Nov 20, 2006 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Development Credit Bank IPO P/E ratio is , as compared to Zenith Birla FPO P/E ratio of .
| Development Credit Bank IPO | Zenith Birla FPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 57.79 | 32.85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 29.8 | 24.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -52.74 | 7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Development Credit Bank IPO Retail Individual Investors (RII) are offered 2,41,49,125 shares while in Zenith Birla FPO retail investors are offered 2,41,49,125 shares. Qualified Institutional Buyers (QIB) are offered 3,44,98,750 shares in Development Credit Bank IPO and 0 shares in Zenith Birla FPO.
| Development Credit Bank IPO | Zenith Birla FPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 3,44,98,750 shares | 0 shares |
| NII | 1,03,49,625 shares | 48,18,182 shares |
| RII | 2,41,49,125 shares | 48,18,183 shares |
| Employee | 25,02,500 shares | 19,27,272 shares |
| Others | ||
| Total | 7,15,00,000 shares | 1,92,72,727 shares |
Development Credit Bank IPO subscribed in total, whereas Zenith Birla FPO subscribed .
