Cantabil IPO vs Electrosteel IPO

Comparision between Cantabil IPO and Electrosteel IPO.

IPO Details

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

	Cantabil IPO	Electrosteel 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	Spa Capital Advisors Ltd	Edelweiss Financial Services Ltd Axis Capital Limited SBI Capital Markets Limited
Registrar	Beetal Financial & Computer Services (P) Limited	Kfin Technologies 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 Cantabil IPO is up to ₹105.00 Cr whereas the issue size of the Electrosteel IPO is up to ₹248.07 Cr. The final issue price of Cantabil IPO is ₹135.00 per share and of Electrosteel IPO is ₹11.00 per share.

	Cantabil IPO	Electrosteel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹127.00 per share	₹10.00 per share
Issue Price (Upper)	₹135.00 per share	₹11.00 per share
Issue Price (Final)	₹135.00 per share	₹11.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	77,77,778 shares	22,55,16,188 shares
Issue Size Total (Amount)	up to ₹105.00 Cr	up to ₹248.07 Cr

IPO Timetable

Cantabil IPO opens on Sep 22, 2010, while Electrosteel IPO opens on Sep 21, 2010. The closing date of Cantabil IPO and Electrosteel IPO is Sep 27, 2010, and Sep 24, 2010, respectively.

	Cantabil IPO	Electrosteel IPO
Anchor Bid Date
Issue Open	Sep 22, 2010	Sep 21, 2010
Issue Close	Sep 27, 2010	Sep 24, 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

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

Cantabil IPO

Electrosteel 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	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)

99.99%

36.83%

Promoter Shareholding (Post-Issue)

12.31%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

49.66%%

Shares Offered

In the Cantabil IPO retail investors (RII) are offered 28,93,701 shares while in Electrosteel IPO retail investors are offered 28,93,701 shares. Qualified institutional buyers (QIB) are offered 41,33,858 shares in Cantabil IPO and 13,53,09,713 shares in Electrosteel IPO.

	Cantabil IPO	Electrosteel IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	41,33,858 shares	13,53,09,713 shares
NII	12,40,157 shares	2,25,51,619 shares
RII	28,93,701 shares	6,76,54,856 shares
Employee
Others
Total	82,67,716 shares	22,55,16,188 shares

Bids Received (Subscription)

Cantabil IPO subscribed 2.35x in total, whereas Electrosteel IPO subscribed 8.23x.

	Cantabil IPO	Electrosteel IPO
QIB (times)	1.71x	5.86x
NII (times)	3.83x	28.58x
Big NII (times)
Small NII (times)
RII (times)	2.63x	6.19x
Employee (times)
Other (times)
Total (times)	2.35x	8.23x

Compare with others

Cantabil IPO	Electrosteel IPO
BS Transcomm IPO	Sea TV Network IPO
Oberoi Realty IPO	Cantabil IPO
Commercial Engineers IPO	Ashoka IPO
Bedmutha IPO	Tecpro IPO
Sea TV Network IPO	Gallantt Ispat IPO
Ashoka IPO	Orient Green IPO
Tecpro IPO	Ramky Infra IPO
Gallantt Ispat IPO	Microsec Financial IPO
Electrosteel IPO	Career Point IPO
Orient Green IPO	Tirupati Inks FPO

Comments

Add a public comment...