Ashoka IPO vs Ramky Infra IPO

Comparision between Ashoka IPO and Ramky Infra IPO.

IPO Details

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

	Ashoka IPO	Ramky Infra 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	Deutsche Equities India Private Limited Axis Capital Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies 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 Ramky Infra IPO is up to ₹530.00 Cr. The final issue price of Ashoka IPO is ₹324.00 per share and of Ramky Infra IPO is ₹450.00 per share.

	Ashoka IPO	Ramky Infra IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹297.00 per share	₹405.00 per share
Issue Price (Upper)	₹324.00 per share	₹468.00 per share
Issue Price (Final)	₹324.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	14 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,44,445 shares	1,17,77,778 shares
Issue Size Total (Amount)	up to ₹225.00 Cr	up to ₹530.00 Cr

IPO Timetable

Ashoka IPO opens on Sep 24, 2010, while Ramky Infra IPO opens on Sep 21, 2010. The closing date of Ashoka IPO and Ramky Infra IPO is Sep 28, 2010, and Sep 23, 2010, respectively.

	Ashoka IPO	Ramky Infra IPO
Anchor Bid Date
Issue Open	Sep 24, 2010	Sep 21, 2010
Issue Close	Sep 28, 2010	Sep 23, 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 Ramky Infra IPO P/E ratio of .

Ashoka IPO

Ramky Infra 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 Millions)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7939.67	14,687.77	10,560.38	7,154.11	4,125.30	1,705.93
Profit After Tax (PAT)	353.12	680.45	510.24	400.16	184.78	75.92

Promoter Shareholding (Pre-Issue)

84.38%

84.12%

Promoter Shareholding (Post-Issue)

73.25%

72.68%

P/E Ratio

Market Cap

ROE

21.3%%

ROCE

10.9%%

Debt/Equity

EPS

RoNW

17.38%%

23.22%%

Shares Offered

In the Ashoka IPO retail investors (RII) are offered 22,61,364 shares while in Ramky Infra IPO retail investors are offered 22,61,364 shares. Qualified institutional buyers (QIB) are offered 31,65,909 shares in Ashoka IPO and 57,12,727 shares in Ramky Infra IPO.

	Ashoka IPO	Ramky Infra IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	31,65,909 shares	57,12,727 shares
NII	7,53,788 shares	13,08,641 shares
RII	22,61,364 shares	39,25,926 shares
Employee	37,879 shares
Others
Total	62,18,940 shares	1,09,47,294 shares

Bids Received (Subscription)

Ashoka IPO subscribed 15.94x in total, whereas Ramky Infra IPO subscribed 2.89x.

	Ashoka IPO	Ramky Infra IPO
QIB (times)	25.52x	4.52x
NII (times)	13.91x	1.45x
Big NII (times)
Small NII (times)
RII (times)	3.46x	0.99x
Employee (times)	1.21x
Other (times)
Total (times)	15.94x	2.89x

Compare with others

Ashoka IPO	Ramky Infra IPO
Oberoi Realty IPO	Ashoka IPO
Commercial Engineers IPO	Tecpro IPO
Bedmutha IPO	Gallantt Ispat IPO
Sea TV Network IPO	Electrosteel IPO
Cantabil IPO	Orient Green IPO
Tecpro IPO	Microsec Financial IPO
Gallantt Ispat IPO	Career Point IPO
Electrosteel IPO	Tirupati Inks FPO
Orient Green IPO	Eros IPO
Ramky Infra IPO	Indosolar IPO

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