Ashoka IPO vs Sea TV Network IPO

Comparision between Ashoka IPO and Sea TV Network IPO.

IPO Details

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

	Ashoka IPO	Sea TV Network 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	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited	Chartered Capital And Investment Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private 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 Ashoka IPO is up to ₹225.00 Cr whereas the issue size of the Sea TV Network IPO is up to ₹50.20 Cr. The final issue price of Ashoka IPO is ₹324.00 per share and of Sea TV Network IPO is ₹100.00 per share.

	Ashoka IPO	Sea TV Network IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹297.00 per share	₹90.00 per share
Issue Price (Upper)	₹324.00 per share	₹100.00 per share
Issue Price (Final)	₹324.00 per share	₹100.00 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	50,20,000 shares
Issue Size Total (Amount)	up to ₹225.00 Cr	up to ₹50.20 Cr

IPO Timetable

Ashoka IPO opens on Sep 24, 2010, while Sea TV Network IPO opens on Sep 27, 2010. The closing date of Ashoka IPO and Sea TV Network IPO is Sep 28, 2010, and Sep 29, 2010, respectively.

	Ashoka IPO	Sea TV Network IPO
Anchor Bid Date
Issue Open	Sep 24, 2010	Sep 27, 2010
Issue Close	Sep 28, 2010	Sep 29, 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 Sea TV Network IPO P/E ratio of .

Ashoka IPO

Sea TV Network 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-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	946.25	796.34	581.25	453.13	175.05
Profit After Tax (PAT)	150.52	102.17	59.97	25.17	2.08

Promoter Shareholding (Pre-Issue)

84.38%

99.997%

Promoter Shareholding (Post-Issue)

73.25%

58.23%

P/E Ratio

Market Cap

ROE

21.3%%

ROCE

10.9%%

Debt/Equity

EPS

RoNW

17.38%%

15.33%%

Shares Offered

In the Ashoka IPO retail investors (RII) are offered 22,61,364 shares while in Sea TV Network IPO retail investors are offered 22,61,364 shares. Qualified institutional buyers (QIB) are offered 31,65,909 shares in Ashoka IPO and 27,88,888 shares in Sea TV Network IPO.

	Ashoka IPO	Sea TV Network IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	31,65,909 shares	27,88,888 shares
NII	7,53,788 shares	8,36,667 shares
RII	22,61,364 shares	19,52,222 shares
Employee	37,879 shares
Others
Total	62,18,940 shares	55,77,777 shares

Bids Received (Subscription)

Ashoka IPO subscribed 15.94x in total, whereas Sea TV Network IPO subscribed 9.58x.

	Ashoka IPO	Sea TV Network IPO
QIB (times)	25.52x	1.66x
NII (times)	13.91x	40.94x
Big NII (times)
Small NII (times)
RII (times)	3.46x	7.45x
Employee (times)	1.21x
Other (times)
Total (times)	15.94x	9.58x

Compare with others

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

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