Claris IPO vs Punjab & Sind Bank IPO

Comparision between Claris IPO and Punjab & Sind Bank IPO.

IPO Details

Claris IPO is a Mainline Book Built Issue IPO proposed to list at BSE while Punjab & Sind Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Claris IPO	Punjab & Sind Bank IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE	BSE, NSE
Lead Managers	Edelweiss Financial Services Ltd Axis Capital Limited ICICI Securities Limited Jm Financial Limited	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	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 Claris IPO is up to ₹300.00 Cr whereas the issue size of the Punjab & Sind Bank IPO is up to ₹470.82 Cr. The final issue price of Claris IPO is ₹228.00 per share and of Punjab & Sind Bank IPO is ₹120.00 per share.

	Claris IPO	Punjab & Sind Bank IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹228.00 per share	₹113.00 per share
Issue Price (Upper)	₹235.00 per share	₹120.00 per share
Issue Price (Final)	₹228.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	22 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,26,32,477 shares	4,00,00,000 shares
Issue Size Total (Amount)	up to ₹300.00 Cr	up to ₹470.82 Cr

IPO Timetable

Claris IPO opens on Nov 24, 2010, while Punjab & Sind Bank IPO opens on Dec 13, 2010. The closing date of Claris IPO and Punjab & Sind Bank IPO is Dec 02, 2010, and Dec 16, 2010, respectively.

	Claris IPO	Punjab & Sind Bank IPO
Anchor Bid Date
Issue Open	Nov 24, 2010	Dec 13, 2010
Issue Close	Dec 02, 2010	Dec 16, 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

Claris IPO P/E ratio is , as compared to Punjab & Sind Bank IPO P/E ratio of .

Claris IPO

Punjab & Sind Bank IPO

Financial

Particulars	For the year/period ended (in Rs. million)
	31-Dec-09	31-Dec-08	31-Dec-07	31-Dec-06	31-Dec-05
Total Income	7,594.01	7,639.00	6,238.16	4,026.74	2,923.61
Profit After Tax (PAT)	1,303.80	1,083.95	832.72	466.93	179.30

Particulars	For the year/period ended (in Rs. Crore)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	4,326.30	3,630.71	2,528.43	1,919.38	1,401.93
Profit After Tax (PAT)	506.82	430.20	402.13	390.27	285.68

Promoter Shareholding (Pre-Issue)

86.03%

100%

Promoter Shareholding (Post-Issue)

69%

82.07%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

24.15%%

23.76%%

Shares Offered

In the Claris IPO retail investors (RII) are offered 32,07,577 shares while in Punjab & Sind Bank IPO retail investors are offered 32,07,577 shares. Qualified institutional buyers (QIB) are offered 45,72,152 shares in Claris IPO and 1,90,00,000 shares in Punjab & Sind Bank IPO.

	Claris IPO	Punjab & Sind Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	45,72,152 shares	1,90,00,000 shares
NII	10,69,192 shares	57,00,000 shares
RII	32,07,577 shares	1,33,00,000 shares
Employee		20,00,000 shares
Others
Total	88,48,921 shares	4,00,00,000 shares

Bids Received (Subscription)

Claris IPO subscribed 1.50x in total, whereas Punjab & Sind Bank IPO subscribed 50.75x.

	Claris IPO	Punjab & Sind Bank IPO
QIB (times)	1.31x	49.80x
NII (times)	2.03x	85.84x
Big NII (times)
Small NII (times)
RII (times)	1.60x	44.45x
Employee (times)		1.61x
Other (times)
Total (times)	1.50x	50.75x

Compare with others

Claris IPO	Punjab & Sind Bank IPO
C Mahendra IPO	Omkar speciality IPO
Shekhawati IPO	Tata Steel FPO
Punjab & Sind Bank IPO	Midvalley Entertainment IPO
A2Z Maintenance IPO	C Mahendra IPO
Ravikumar Distilleries IPO	Shekhawati IPO
Shipping Corporation FPO	A2Z Maintenance IPO
MOIL IPO	Ravikumar Distilleries IPO
RPP Infra IPO	Claris IPO
Gravita IPO	Shipping Corporation FPO
Power Grid FPO	MOIL IPO

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