Astec IPO vs Thinksoft IPO

Comparision between Astec IPO and Thinksoft IPO.

IPO Details

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

	Astec IPO	Thinksoft 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	Almondz Global Securities Limited Idbi Capital Market Services Limited	Chartered Capital And Investment Limited Karvy Investor Services Limited
Registrar	Bigshare Services Pvt 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 Astec IPO is up to ₹61.50 Cr whereas the issue size of the Thinksoft IPO is up to ₹45.58 Cr. The final issue price of Astec IPO is ₹82.00 per share and of Thinksoft IPO is ₹125.00 per share.

	Astec IPO	Thinksoft IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹77.00 per share	₹115.00 per share
Issue Price (Upper)	₹82.00 per share	₹125.00 per share
Issue Price (Final)	₹82.00 per share	₹125.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	75,00,000 shares	36,46,000 shares
Issue Size Total (Amount)	up to ₹61.50 Cr	up to ₹45.58 Cr

IPO Timetable

Astec IPO opens on Oct 29, 2009, while Thinksoft IPO opens on Sep 22, 2009. The closing date of Astec IPO and Thinksoft IPO is Nov 04, 2009, and Oct 01, 2009, respectively.

	Astec IPO	Thinksoft IPO
Anchor Bid Date
Issue Open	Oct 29, 2009	Sep 22, 2009
Issue Close	Nov 04, 2009	Oct 01, 2009
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

Astec IPO P/E ratio is , as compared to Thinksoft IPO P/E ratio of .

Astec IPO

Thinksoft IPO

Financial

Particulars	For the year/period ended (Rs. in lacs)
	30-Sep-08	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05	31-Mar-04
Total Income	4,734.17	6,997.38	5,300.22	3,463.61	1,794.69	1,151.45
Profit After Tax (PAT)	718.39	934.07	807.55	368.35	70.98	(49.67)

Promoter Shareholding (Pre-Issue)

99.99%

61.47%

Promoter Shareholding (Post-Issue)

55.69%

53.21%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

35.15%%

31.76%%

Shares Offered

In the Astec IPO retail investors (RII) are offered 25,90,000 shares while in Thinksoft IPO retail investors are offered 25,90,000 shares. Qualified institutional buyers (QIB) are offered 37,00,000 shares in Astec IPO and 18,23,000 shares in Thinksoft IPO.

	Astec IPO	Thinksoft IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,00,000 shares	18,23,000 shares
NII	11,10,000 shares	5,46,900 shares
RII	25,90,000 shares	12,76,100 shares
Employee	1,00,000 shares
Others
Total	75,00,000 shares	36,46,000 shares

Bids Received (Subscription)

Astec IPO subscribed 1.56x in total, whereas Thinksoft IPO subscribed 2.57x.

	Astec IPO	Thinksoft IPO
QIB (times)	0.61x	0.31x
NII (times)	3.00x	6.05x
Big NII (times)
Small NII (times)
RII (times)	2.36x	4.31x
Employee (times)	0.50x
Other (times)
Total (times)	1.56x	2.57x

Compare with others

Astec IPO	Thinksoft IPO
D B Corp IPO	MBL Infra IPO
Godrej Properties IPO	Cox and Kings IPO
JSW Energy IPO	Astec IPO
MBL Infra IPO	Den Networks IPO
Cox and Kings IPO	Indiabulls Power IPO
Den Networks IPO	Euro Multivision IPO
Indiabulls Power IPO	Pipavav Shipyard IPO
Thinksoft IPO	Jindal Cotex IPO
Euro Multivision IPO	Oil india IPO
Pipavav Shipyard IPO	NHPC IPO

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