Ashoka IPO vs Bedmutha IPO

Comparision between Ashoka IPO and Bedmutha IPO.

IPO Details

Ashoka IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Bedmutha IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Ashoka IPO	Bedmutha IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited	Ashika Capital Ltd Keynote Financial Services Ltd
Registrar	Link Intime India Private Ltd	Mondkar Computers Private Limited
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 Ashoka IPO is up to ₹225.00 Cr whereas the issue size of the Bedmutha IPO is up to ₹91.80 Cr. The final issue price of Ashoka IPO is ₹324.00 per share and of Bedmutha IPO is ₹102.00 per share.

	Ashoka IPO	Bedmutha IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹297.00 per share	₹95.00 per share
Issue Price (Upper)	₹324.00 per share	₹102.00 per share
Issue Price (Final)	₹324.00 per share	₹102.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	65 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,44,445 shares	90,00,000 shares
Issue Size Total (Amount)	up to ₹225.00 Cr	up to ₹91.80 Cr

IPO Timetable

Ashoka IPO opens on Sep 24, 2010, while Bedmutha IPO opens on Sep 28, 2010. The closing date of Ashoka IPO and Bedmutha IPO is Sep 28, 2010, and Oct 01, 2010, respectively.

	Ashoka IPO	Bedmutha IPO
Anchor Bid Date
Issue Open	Sep 24, 2010	Sep 28, 2010
Issue Close	Sep 28, 2010	Oct 01, 2010
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

Ashoka IPO P/E ratio is , as compared to Bedmutha IPO P/E ratio of .

Ashoka IPO

Bedmutha IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7,560.04	3,419.62	3,711.61	1,797.01	1,396.03
Profit After Tax (PAT)	478.03	220.49	147.38	85.89	113.46

Particulars	For the year/period ended (Rs. in Lacs)
	31-Oct-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	9,746.52	15,166.11	11,563.53	7,115.99	5,292.48
Profit After Tax (PAT)	856.03	702.93	392.45	(25.13)	23.61

Promoter Shareholding (Pre-Issue)

84.38%

99.07%

Promoter Shareholding (Post-Issue)

73.25%

56.67%

P/E Ratio

Market Cap

ROE

21.3%%

ROCE

10.9%%

Debt/Equity

EPS

RoNW

17.38%%

37.96%%

Shares Offered

In the Ashoka IPO retail investors (RII) are offered 22,61,364 shares while in Bedmutha IPO retail investors are offered 22,61,364 shares. Qualified institutional buyers (QIB) are offered 31,65,909 shares in Ashoka IPO and 45,00,000 shares in Bedmutha IPO.

	Ashoka IPO	Bedmutha IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	31,65,909 shares	45,00,000 shares
NII	7,53,788 shares	13,50,000 shares
RII	22,61,364 shares	31,50,000 shares
Employee	37,879 shares
Others
Total	62,18,940 shares	90,00,000 shares

Bids Received (Subscription)

Ashoka IPO subscribed 15.94x in total, whereas Bedmutha IPO subscribed 7.69x.

	Ashoka IPO	Bedmutha IPO
QIB (times)	25.52x	0.67x
NII (times)	13.91x	29.19x
Big NII (times)
Small NII (times)
RII (times)	3.46x	8.51x
Employee (times)	1.21x
Other (times)
Total (times)	15.94x	7.69x

Compare with others

Ashoka IPO	Bedmutha IPO
Oberoi Realty IPO	Gyscoal Alloys IPO
Commercial Engineers IPO	Prestige Estates IPO
Bedmutha IPO	BS Transcomm IPO
Sea TV Network IPO	Oberoi Realty IPO
Cantabil IPO	Commercial Engineers IPO
Tecpro IPO	Sea TV Network IPO
Gallantt Ispat IPO	Cantabil IPO
Electrosteel IPO	Ashoka IPO
Orient Green IPO	Tecpro IPO
Ramky Infra IPO	Gallantt Ispat IPO

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