Aster Silicates IPO vs Technofab IPO

Comparision between Aster Silicates IPO and Technofab IPO.

IPO Details

Aster Silicates IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Technofab IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aster Silicates IPO	Technofab 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	Saffron Capital Advisors Private Limited	Collins Stewart Inga Private Limited
Registrar	Sharepro Services Private Limited	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Aster Silicates IPO is up to ₹53.10 Cr whereas the issue size of the Technofab IPO is up to ₹71.66 Cr. The final issue price of Aster Silicates IPO is ₹118.00 per share and of Technofab IPO is ₹240.00 per share.

	Aster Silicates IPO	Technofab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹112.00 per share	₹230.00 per share
Issue Price (Upper)	₹118.00 per share	₹240.00 per share
Issue Price (Final)	₹118.00 per share	₹240.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	25 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	29,90,000 shares
Issue Size Total (Amount)	up to ₹53.10 Cr	up to ₹71.66 Cr

IPO Timetable

Aster Silicates IPO opens on Jun 24, 2010, while Technofab IPO opens on Jun 29, 2010. The closing date of Aster Silicates IPO and Technofab IPO is Jun 28, 2010, and Jul 02, 2010, respectively.

	Aster Silicates IPO	Technofab IPO
Anchor Bid Date
Issue Open	Jun 24, 2010	Jun 29, 2010
Issue Close	Jun 28, 2010	Jul 02, 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

Aster Silicates IPO P/E ratio is , as compared to Technofab IPO P/E ratio of .

Aster Silicates IPO

Technofab IPO

Financial

Particulars	For the year/period ended (Rs. in Lacs)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	3031.09	3409.13	1699.42	832.76	864.62	815.69
Profit After Tax (PAT)	232.20	254.91	65.79	14.24	(8.61)	35.87

Promoter Shareholding (Pre-Issue)

71.43%

51%

Promoter Shareholding (Post-Issue)

49.8%

P/E Ratio

Market Cap

ROE

ROCE

16.36%%

Debt/Equity

EPS

RoNW

14.18%%

38.2%%

Shares Offered

In the Aster Silicates IPO retail investors (RII) are offered 16,59,375 shares while in Technofab IPO retail investors are offered 16,59,375 shares. Qualified institutional buyers (QIB) are offered 23,70,535 shares in Aster Silicates IPO and 14,70,000 shares in Technofab IPO.

	Aster Silicates IPO	Technofab IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	23,70,535 shares	14,70,000 shares
NII	7,11,161 shares	4,41,000 shares
RII	16,59,375 shares	10,29,000 shares
Employee		50,000 shares
Others
Total	47,41,071 shares	29,90,000 shares

Bids Received (Subscription)

Aster Silicates IPO subscribed 4.47x in total, whereas Technofab IPO subscribed 12.78x.

	Aster Silicates IPO	Technofab IPO
QIB (times)	0.01x	4.28x
NII (times)	12.46x	48.85x
Big NII (times)
Small NII (times)
RII (times)	7.41x	10.03x
Employee (times)		1.10x
Other (times)
Total (times)	4.47x	12.78x

Compare with others

Aster Silicates IPO	Technofab IPO
Bajaj Corp IPO	SKS Microfinance IPO
SKS Microfinance IPO	Engineers India FPO
Engineers India FPO	Midfield Industries IPO
Midfield Industries IPO	Hindustan Media IPO
Hindustan Media IPO	Aster Silicates IPO
Technofab IPO	Parabolic Drugs IPO
Parabolic Drugs IPO	Standard Chartered IDR
Standard Chartered IDR	Jaypee Infratech IPO
Jaypee Infratech IPO	Mandhana Industries IPO
Mandhana Industries IPO	SJVN IPO

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