Career Point IPO vs Electrosteel IPO

Comparision between Career Point IPO and Electrosteel IPO.

IPO Details

Career Point 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.

	Career Point 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	Centrum Capital Limited Jm Financial Limited	Edelweiss Financial Services Ltd Axis Capital Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	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 Career Point IPO is up to ₹115.00 Cr whereas the issue size of the Electrosteel IPO is up to ₹248.07 Cr. The final issue price of Career Point IPO is ₹310.00 per share and of Electrosteel IPO is ₹11.00 per share.

	Career Point IPO	Electrosteel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹295.00 per share	₹10.00 per share
Issue Price (Upper)	₹310.00 per share	₹11.00 per share
Issue Price (Final)	₹310.00 per share	₹11.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	20 shares	600 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,12,822 shares	22,55,16,188 shares
Issue Size Total (Amount)	up to ₹115.00 Cr	up to ₹248.07 Cr

IPO Timetable

Career Point IPO opens on Sep 16, 2010, while Electrosteel IPO opens on Sep 21, 2010. The closing date of Career Point IPO and Electrosteel IPO is Sep 21, 2010, and Sep 24, 2010, respectively.

	Career Point IPO	Electrosteel IPO
Anchor Bid Date
Issue Open	Sep 16, 2010	Sep 21, 2010
Issue Close	Sep 21, 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

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

Career Point IPO

Electrosteel IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	* 30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	344.63	490.36	411.66	299.71	56.94	33.86
Profit After Tax (PAT)	103.32	162.41	154.53	120.10	14.73	11.76

Promoter Shareholding (Pre-Issue)

75.35%

36.83%

Promoter Shareholding (Post-Issue)

59.92%

12.31%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

14.6%%

Shares Offered

In the Career Point IPO retail investors (RII) are offered 11,49,992 shares while in Electrosteel IPO retail investors are offered 11,49,992 shares. Qualified institutional buyers (QIB) are offered 16,10,586 shares in Career Point IPO and 13,53,09,713 shares in Electrosteel IPO.

	Career Point IPO	Electrosteel IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	16,10,586 shares	13,53,09,713 shares
NII	3,83,329 shares	2,25,51,619 shares
RII	11,49,992 shares	6,76,54,856 shares
Employee	65,000 shares
Others
Total	32,08,907 shares	22,55,16,188 shares

Bids Received (Subscription)

Career Point IPO subscribed 47.39x in total, whereas Electrosteel IPO subscribed 8.23x.

	Career Point IPO	Electrosteel IPO
QIB (times)	47.45x	5.86x
NII (times)	101.93x	28.58x
Big NII (times)
Small NII (times)
RII (times)	31.74x	6.19x
Employee (times)	1.07x
Other (times)
Total (times)	47.39x	8.23x

Compare with others

Career Point IPO	Electrosteel IPO
Gallantt Ispat IPO	Sea TV Network IPO
Electrosteel IPO	Cantabil IPO
Orient Green IPO	Ashoka IPO
Ramky Infra IPO	Tecpro IPO
Microsec Financial IPO	Gallantt Ispat IPO
Tirupati Inks FPO	Orient Green IPO
Eros IPO	Ramky Infra IPO
Indosolar IPO	Microsec Financial IPO
VA Tech IPO	Career Point IPO
Coal India IPO	Tirupati Inks FPO

Comments

Add a public comment...