Aanjaneya IPO vs Readymade Steel India IPO

Comparision between Aanjaneya IPO and Readymade Steel India IPO.

IPO Details

Aanjaneya IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Readymade Steel India IPO is a Mainline Book Built Issue proposed to list at BSE.

	Aanjaneya IPO	Readymade Steel India IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE
Lead Managers	Anand Rathi Securities Limited Idbi Capital Market Services Limited	Arihant Capital Markets Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Aanjaneya IPO is up to ₹117.00 Cr whereas the issue size of the Readymade Steel India IPO is up to ₹34.75 Cr. The final issue price of Aanjaneya IPO is ₹234.00 per share and of Readymade Steel India IPO is ₹108.00 per share.

	Aanjaneya IPO	Readymade Steel India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹228.00 per share	₹90.00 per share
Issue Price (Upper)	₹240.00 per share	₹108.00 per share
Issue Price (Final)	₹234.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	25 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,00,000 shares	32,17,157 shares
Issue Size Total (Amount)	up to ₹117.00 Cr	up to ₹34.75 Cr

IPO Timetable

Aanjaneya IPO opens on May 09, 2011, while Readymade Steel India IPO opens on Jun 27, 2011. The closing date of Aanjaneya IPO and Readymade Steel India IPO is May 12, 2011, and Jun 29, 2011, respectively.

	Aanjaneya IPO	Readymade Steel India IPO
Anchor Bid Date
Issue Open	May 09, 2011	Jun 27, 2011
Issue Close	May 12, 2011	Jun 29, 2011
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Aanjaneya IPO P/E ratio is , as compared to Readymade Steel India IPO P/E ratio of .

Aanjaneya IPO

Readymade Steel India IPO

Financial

Particulars	For the year/period ended (in Rs. Lacs)
	31-Jan-11	31-Mar-10	31-Mar-09	31-Mar-08
Total Income	29,257.61	16,935.66	9,115.59	2,238.43
Profit After Tax (PAT)	3,105.12	1,507.78	510.75	231.81

Promoter Shareholding (Pre-Issue)

100%

88.83%

Promoter Shareholding (Post-Issue)

60.24%

64.44%

P/E Ratio

Market Cap

ROE

48.5%%

ROCE

Debt/Equity

EPS

RoNW

30.33%%

5.14%%

Shares Offered

In the Aanjaneya IPO retail investors (RII) are offered 17,50,000 shares while in Readymade Steel India IPO retail investors are offered 17,50,000 shares. Qualified institutional buyers (QIB) are offered 25,00,000 shares in Aanjaneya IPO and 19,30,294 shares in Readymade Steel India IPO.

	Aanjaneya IPO	Readymade Steel India IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	25,00,000 shares	19,30,294 shares
NII	7,50,000 shares	5,79,088 shares
RII	17,50,000 shares	13,51,206 shares
Employee
Others
Total	50,00,000 shares	38,60,588 shares

Bids Received (Subscription)

Aanjaneya IPO subscribed 1.11x in total, whereas Readymade Steel India IPO subscribed 1.68x.

	Aanjaneya IPO	Readymade Steel India IPO
QIB (times)	0.14x	0.03x
NII (times)	2.65x	1.37x
Big NII (times)
Small NII (times)
RII (times)	1.84x	4.18x
Employee (times)
Other (times)
Total (times)	1.11x	1.68x

Compare with others

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Readymade Steel India IPO	Tree House IPO
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Future Ventures IPO	Timbor Home IPO
Innoventive Industries IPO	Aanjaneya IPO

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