Fine Organic IPO vs RITES Limited IPO

Comparision between Fine Organic IPO and RITES Limited IPO.

IPO Details

Fine Organic IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while RITES Limited IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Fine Organic IPO	RITES Limited 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	Edelweiss Financial Services Ltd Jm Financial Limited	Elara Capital (India) Private Limited Idbi Capital Market Services Limited Idfc Bank Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Fine Organic IPO is up to ₹600.20 Cr whereas the issue size of the RITES Limited IPO is up to ₹460.51 Cr. The final issue price of Fine Organic IPO is ₹783.00 per share and of RITES Limited IPO is ₹185.00 per share.

	Fine Organic IPO	RITES Limited IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹780.00 per share	₹180.00 per share
Issue Price (Upper)	₹783.00 per share	₹185.00 per share
Issue Price (Final)	₹783.00 per share	₹185.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	19 shares	80 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	76,64,994 shares	2,52,00,000 shares
Issue Size Total (Amount)	up to ₹600.20 Cr	up to ₹460.51 Cr

IPO Timetable

Fine Organic IPO opens on Jun 20, 2018, while RITES Limited IPO opens on Jun 20, 2018. The closing date of Fine Organic IPO and RITES Limited IPO is Jun 22, 2018, and Jun 22, 2018, respectively.

	Fine Organic IPO	RITES Limited IPO
Anchor Bid Date
Issue Open	Jun 20, 2018	Jun 20, 2018
Issue Close	Jun 22, 2018	Jun 22, 2018
Basis Of Allotment (Tentative)	Jun 27, 2018
Initiation of Refunds (Tentative)	Jun 28, 2018
Credit of Share (Tentative)	Jun 28, 2018
Listing date (Tentative)	Jul 02, 2018
Anchor Lockin End date 1	Jul 27, 2018
Anchor Lockin End date 2	Sep 25, 2018

Financials

Fine Organic IPO P/E ratio is , as compared to RITES Limited IPO P/E ratio of .

Fine Organic IPO

RITES Limited IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Dec-17	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	4,835.99	4,576.40	4,228.49	3,776.57	3,411.16	2,553.78
Total Revenue	5,928.23	7,892.24	6,661.22	6,180.49	5,746.49	4,975.10
Profit After Tax	625.89	794.76	769.64	590.91	626.12	208.97

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	48,031.69	44,092.06	36,056.30	36,363.82	32,867.96
Total Revenue	15,637.21	12,267.27	11,591.07	12,234.70	10,830.52
Profit After Tax	3,624.16	2,827.31	3,122.88	2,605.36	2,330.57

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fine Organic IPO retail investors (RII) are offered 26,82,748 shares while in RITES Limited IPO retail investors are offered 26,82,748 shares. Qualified institutional buyers (QIB) are offered 15,32,999 shares in Fine Organic IPO and 1,20,00,000 shares in RITES Limited IPO.

	Fine Organic IPO	RITES Limited IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	15,32,999 shares	1,20,00,000 shares
NII	11,49,750 shares	36,00,000 shares
RII	26,82,748 shares	84,00,000 shares
Employee		12,00,000 shares
Others
Total	53,65,497 shares	2,52,00,000 shares

Bids Received (Subscription)

Fine Organic IPO subscribed 8.77x in total, whereas RITES Limited IPO subscribed 66.74x.

	Fine Organic IPO	RITES Limited IPO
QIB (times)	12.85x	71.71x
NII (times)	21.00x	194.56x
Big NII (times)
Small NII (times)
RII (times)	1.19x	14.24x
Employee (times)		0.96x
Other (times)
Total (times)	8.77x	66.74x

Compare with others

Fine Organic IPO	RITES Limited IPO
Chalet Hotels Limited IPO	TCNS Clothing IPO
TCNS Clothing IPO	CreditAccess Grameen IPO
CreditAccess Grameen IPO	HDFC AMC IPO
HDFC AMC IPO	Varroc Engineering IPO
Varroc Engineering IPO	Fine Organic IPO
RITES Limited IPO	IndoStar Capital Finance IPO
IndoStar Capital Finance IPO	Lemon Tree Hotels IPO
Lemon Tree Hotels IPO	ICICI Securities IPO
ICICI Securities IPO	Mishra Dhatu Nigam IPO
Mishra Dhatu Nigam IPO	Sandhar Technologies IPO

Comments

Add a public comment...