Bajaj Corp IPO vs Engineers India FPO

Comparision between Bajaj Corp IPO and Engineers India FPO.

IPO Details

Bajaj Corp IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Engineers India FPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bajaj Corp IPO	Engineers India FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited	Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Bajaj Corp IPO is up to ₹297.00 Cr whereas the issue size of the Engineers India FPO is up to ₹959.65 Cr. The final issue price of Bajaj Corp IPO is ₹660.00 per share and of Engineers India FPO is ₹290.00 per share.

	Bajaj Corp IPO	Engineers India FPO
Face Value	₹5 per share	₹5 per share
Issue Price (Lower)	₹630.00 per share	₹270.00 per share
Issue Price (Upper)	₹660.00 per share	₹290.00 per share
Issue Price (Final)	₹660.00 per share	₹290.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10 shares	20 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	3,36,93,660 shares
Issue Size Total (Amount)	up to ₹297.00 Cr	up to ₹959.65 Cr

IPO Timetable

Bajaj Corp IPO opens on Aug 02, 2010, while Engineers India FPO opens on Jul 27, 2010. The closing date of Bajaj Corp IPO and Engineers India FPO is Aug 05, 2010, and Jul 30, 2010, respectively.

	Bajaj Corp IPO	Engineers India FPO
Anchor Bid Date
Issue Open	Aug 02, 2010	Jul 27, 2010
Issue Close	Aug 05, 2010	Jul 30, 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

Bajaj Corp IPO P/E ratio is , as compared to Engineers India FPO P/E ratio of .

Bajaj Corp IPO

Engineers India FPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-09	31-Mar-09	31-Mar-08
Total Income	2,391.97	2,520.26	0.01
Profit After Tax (PAT)	564.97	469.92	(0.63)

Promoter Shareholding (Pre-Issue)

100%

90.4%

Promoter Shareholding (Post-Issue)

84.75%

80.4%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

327.66%%

39.49%%

Shares Offered

In the Bajaj Corp IPO retail investors (RII) are offered 13,50,000 shares while in Engineers India FPO retail investors are offered 13,50,000 shares. Qualified institutional buyers (QIB) are offered 18,90,000 shares in Bajaj Corp IPO and 1,64,90,830 shares in Engineers India FPO.

	Bajaj Corp IPO	Engineers India FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,90,000 shares	1,64,90,830 shares
NII	4,50,000 shares	49,47,249 shares
RII	13,50,000 shares	1,15,43,581 shares
Employee		7,12,000 shares
Others
Total	36,90,000 shares	3,36,93,660 shares

Bids Received (Subscription)

Bajaj Corp IPO subscribed 19.29x in total, whereas Engineers India FPO subscribed 13.36x.

	Bajaj Corp IPO	Engineers India FPO
QIB (times)	20.19x	23.43x
NII (times)	53.49x	5.85x
Big NII (times)
Small NII (times)
RII (times)	6.62x	2.99x
Employee (times)		0.57x
Other (times)
Total (times)	19.29x	13.36x

Compare with others

Bajaj Corp IPO	Engineers India FPO
Indosolar IPO	Coal India IPO
VA Tech IPO	Gujarat Pipavav IPO
Coal India IPO	Prakash Steelage IPO
Gujarat Pipavav IPO	Bajaj Corp IPO
Prakash Steelage IPO	SKS Microfinance IPO
SKS Microfinance IPO	Midfield Industries IPO
Engineers India FPO	Hindustan Media IPO
Midfield Industries IPO	Aster Silicates IPO
Hindustan Media IPO	Technofab IPO
Aster Silicates IPO	Parabolic Drugs IPO

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