Bharti Infratel IPO vs Tara Jewels IPO

Comparision between Bharti Infratel IPO and Tara Jewels IPO.

IPO Details

Bharti Infratel IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tara Jewels IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharti Infratel IPO	Tara Jewels 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	Barclays Securities (India) Private Limited Bofa Securities India Limited Deutsche Equities India Private Limited Axis Capital Limited Hdfc Bank Limited Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited J.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited Standard Chartered Securities (India) Limited Ubs Securities India Private Limited	Axis Capital Limited ICICI Securities 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 Bharti Infratel IPO is up to ₹4,155.80 Cr whereas the issue size of the Tara Jewels IPO is up to ₹183.49 Cr. The final issue price of Bharti Infratel IPO is ₹220.00 per share and of Tara Jewels IPO is ₹230.00 per share.

	Bharti Infratel IPO	Tara Jewels IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹210.00 per share	₹225.00 per share
Issue Price (Upper)	₹240.00 per share	₹230.00 per share
Issue Price (Final)	₹220.00 per share	₹230.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,89,00,000 shares	79,77,778 shares
Issue Size Total (Amount)	up to ₹4,155.80 Cr	up to ₹183.49 Cr

IPO Timetable

Bharti Infratel IPO opens on Dec 11, 2012, while Tara Jewels IPO opens on Nov 21, 2012. The closing date of Bharti Infratel IPO and Tara Jewels IPO is Dec 14, 2012, and Nov 23, 2012, respectively.

	Bharti Infratel IPO	Tara Jewels IPO
Anchor Bid Date
Issue Open	Dec 11, 2012	Nov 21, 2012
Issue Close	Dec 14, 2012	Nov 23, 2012
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

Bharti Infratel IPO P/E ratio is , as compared to Tara Jewels IPO P/E ratio of .

Bharti Infratel IPO

Tara Jewels IPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	30-Sep-12	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Total Income	50,908.9	95,970.6	86,257.9	71,288.4	51,772.7	7,057.0
Profit After Tax (PAT)	4,604.6	7,507.3	5,514.8	2,529.7	1,952.4	403.7

Particulars	For the year/period ended (in Rs. Million)
	31-May-12	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09
Total Income	1,516.56	12,814.73	10,943.28	7,779.67	7,038.52
Profit After Tax (PAT)	53.76	523.72	395.78	245.05	69.14

Promoter Shareholding (Pre-Issue)

86.09%

74.55%

Promoter Shareholding (Post-Issue)

79.42%

60.1%

P/E Ratio

Market Cap

ROE

5.3%%

ROCE

7.8%%

Debt/Equity

EPS

RoNW

5.2%%

19.25%%

Shares Offered

In the Bharti Infratel IPO retail investors (RII) are offered 6,61,15,000 shares while in Tara Jewels IPO retail investors are offered 6,61,15,000 shares. Qualified institutional buyers (QIB) are offered 6,61,15,000 shares in Bharti Infratel IPO and 27,90,055 shares in Tara Jewels IPO.

	Bharti Infratel IPO	Tara Jewels IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,61,15,000 shares	27,90,055 shares
NII	2,83,35,000 shares	11,84,700 shares
RII	6,61,15,000 shares	27,64,300 shares
Employee		79,777 shares
Others
Total	16,05,65,000 shares	68,18,832 shares

Bids Received (Subscription)

Bharti Infratel IPO subscribed 1.30x in total, whereas Tara Jewels IPO subscribed 1.98x.

	Bharti Infratel IPO	Tara Jewels IPO
QIB (times)	2.84x	1.49x
NII (times)	0.29x	3.10x
Big NII (times)
Small NII (times)
RII (times)	0.19x	2.05x
Employee (times)		0.14x
Other (times)
Total (times)	1.30x	1.98x

Compare with others

Bharti Infratel IPO	Tara Jewels IPO
EIL FPO	Repco Home Finance IPO
Power Grid FPO 2	V Mart Retail IPO
Just Dial IPO	Bharti Infratel IPO
Repco Home Finance IPO	PC Jeweller IPO
V Mart Retail IPO	CARE IPO
PC Jeweller IPO	VKS Projects IPO
CARE IPO	Speciality Restaurants IPO
Tara Jewels IPO	Bhimji Zaveri IPO
VKS Projects IPO	MT Educare IPO
Speciality Restaurants IPO	NBCC IPO

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