Cairn IPO vs Lumax IPO

Comparision between Cairn IPO and Lumax IPO.

IPO Details

Cairn IPO is a Mainline Fixed Price Issue IPO proposed to list at BSE, NSE while Lumax IPO is a Mainline Fixed Price Issue proposed to list at BSE, NSE.

	Cairn IPO	Lumax IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Bofa Securities India Limited Jm Morgan Stanley Private Limited	Centrum Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt 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 Cairn IPO is up to ₹5,260.79 Cr whereas the issue size of the Lumax IPO is up to ₹22.59 Cr. The final issue price of Cairn IPO is ₹160.00 per share and of Lumax IPO is ₹75.00 per share.

	Cairn IPO	Lumax IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹160.00 per share
Issue Price (Upper)	₹190.00 per share
Issue Price (Final)	₹160.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	35 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,87,99,675 shares	30,12,000 shares
Issue Size Total (Amount)	up to ₹5,260.79 Cr	up to ₹22.59 Cr

IPO Timetable

Cairn IPO opens on Dec 11, 2006, while Lumax IPO opens on Dec 14, 2006. The closing date of Cairn IPO and Lumax IPO is Dec 15, 2006, and Dec 21, 2006, respectively.

	Cairn IPO	Lumax IPO
Anchor Bid Date
Issue Open	Dec 11, 2006	Dec 14, 2006
Issue Close	Dec 15, 2006	Dec 21, 2006
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

Cairn IPO P/E ratio is , as compared to Lumax IPO P/E ratio of .

	Cairn IPO	Lumax IPO
Financial
Promoter Shareholding (Pre-Issue)		79.99%
Promoter Shareholding (Post-Issue)		59.28%
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW		28.91%%

Shares Offered

In the Cairn IPO retail investors (RII) are offered while in Lumax IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Cairn IPO and in Lumax IPO.

	Cairn IPO	Lumax IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Cairn IPO subscribed 1.14x in total, whereas Lumax IPO subscribed .

	Cairn IPO	Lumax IPO
QIB (times)	1.36x
NII (times)	0.47x
Big NII (times)
Small NII (times)
RII (times)	0.91x
Employee (times)
Other (times)
Total (times)	1.14x

Compare with others

Cairn IPO	Lumax IPO
Pyramid Saimira IPO	House of Pearl IPO
Lumax IPO	Autoline IPO
Nissan Copper IPO	Cambridge Technology IPO
Tanla IPO	Ashtavinayak IPO
Ess Dee IPO	Pyramid Saimira IPO
XL Telecom IPO	Nissan Copper IPO
KLRF IPO	Tanla IPO
LT Overseas IPO	Ess Dee IPO
Ruchira IPO	Cairn IPO
Gulshan Sugars FPO	XL Telecom IPO

Comments

Add a public comment...