Ashoka IPO vs Cantabil IPO

Comparision between Ashoka IPO and Cantabil IPO.

IPO Details

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

	Ashoka IPO	Cantabil 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	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited	Spa Capital Advisors Ltd
Registrar	Link Intime India Private Ltd	Beetal Financial & Computer Services (P) 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 Ashoka IPO is up to ₹225.00 Cr whereas the issue size of the Cantabil IPO is up to ₹105.00 Cr. The final issue price of Ashoka IPO is ₹324.00 per share and of Cantabil IPO is ₹135.00 per share.

	Ashoka IPO	Cantabil IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹297.00 per share	₹127.00 per share
Issue Price (Upper)	₹324.00 per share	₹135.00 per share
Issue Price (Final)	₹324.00 per share	₹135.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,44,445 shares	77,77,778 shares
Issue Size Total (Amount)	up to ₹225.00 Cr	up to ₹105.00 Cr

IPO Timetable

Ashoka IPO opens on Sep 24, 2010, while Cantabil IPO opens on Sep 22, 2010. The closing date of Ashoka IPO and Cantabil IPO is Sep 28, 2010, and Sep 27, 2010, respectively.

	Ashoka IPO	Cantabil IPO
Anchor Bid Date
Issue Open	Sep 24, 2010	Sep 22, 2010
Issue Close	Sep 28, 2010	Sep 27, 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

Ashoka IPO P/E ratio is , as compared to Cantabil IPO P/E ratio of .

Ashoka IPO

Cantabil IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7,560.04	3,419.62	3,711.61	1,797.01	1,396.03
Profit After Tax (PAT)	478.03	220.49	147.38	85.89	113.46

Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	1,601.48	900.51	503.96	240.78	104.76
Profit After Tax (PAT)	62.13	28.63	29.39	11.80	0.74

Promoter Shareholding (Pre-Issue)

84.38%

99.99%

Promoter Shareholding (Post-Issue)

73.25%

P/E Ratio

Market Cap

ROE

21.3%%

ROCE

10.9%%

Debt/Equity

EPS

RoNW

17.38%%

49.66%%

Shares Offered

In the Ashoka IPO retail investors (RII) are offered 22,61,364 shares while in Cantabil IPO retail investors are offered 22,61,364 shares. Qualified institutional buyers (QIB) are offered 31,65,909 shares in Ashoka IPO and 41,33,858 shares in Cantabil IPO.

	Ashoka IPO	Cantabil IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	31,65,909 shares	41,33,858 shares
NII	7,53,788 shares	12,40,157 shares
RII	22,61,364 shares	28,93,701 shares
Employee	37,879 shares
Others
Total	62,18,940 shares	82,67,716 shares

Bids Received (Subscription)

Ashoka IPO subscribed 15.94x in total, whereas Cantabil IPO subscribed 2.35x.

	Ashoka IPO	Cantabil IPO
QIB (times)	25.52x	1.71x
NII (times)	13.91x	3.83x
Big NII (times)
Small NII (times)
RII (times)	3.46x	2.63x
Employee (times)	1.21x
Other (times)
Total (times)	15.94x	2.35x

Compare with others

Ashoka IPO	Cantabil IPO
Oberoi Realty IPO	BS Transcomm IPO
Commercial Engineers IPO	Oberoi Realty IPO
Bedmutha IPO	Commercial Engineers IPO
Sea TV Network IPO	Bedmutha IPO
Cantabil IPO	Sea TV Network IPO
Tecpro IPO	Ashoka IPO
Gallantt Ispat IPO	Tecpro IPO
Electrosteel IPO	Gallantt Ispat IPO
Orient Green IPO	Electrosteel IPO
Ramky Infra IPO	Orient Green IPO

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