Acropetal IPO vs Fineotex IPO

Comparision between Acropetal IPO and Fineotex IPO.

IPO Details

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

	Acropetal IPO	Fineotex IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE
Lead Managers	Saffron Capital Advisors Private Limited	Indbank Merchant Banking Services Limited
Registrar	Sharex Dynamic (India) Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Acropetal IPO is up to ₹170.00 Cr whereas the issue size of the Fineotex IPO is up to ₹29.48 Cr. The final issue price of Acropetal IPO is ₹90.00 per share and of Fineotex IPO is ₹70.00 per share.

	Acropetal IPO	Fineotex IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹88.00 per share	₹60.00 per share
Issue Price (Upper)	₹90.00 per share	₹72.00 per share
Issue Price (Final)	₹90.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	60 shares	90 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,88,88,889 shares	42,11,160 shares
Issue Size Total (Amount)	up to ₹170.00 Cr	up to ₹29.48 Cr

IPO Timetable

Acropetal IPO opens on Feb 21, 2011, while Fineotex IPO opens on Feb 23, 2011. The closing date of Acropetal IPO and Fineotex IPO is Feb 24, 2011, and Feb 25, 2011, respectively.

	Acropetal IPO	Fineotex IPO
Anchor Bid Date
Issue Open	Feb 21, 2011	Feb 23, 2011
Issue Close	Feb 24, 2011	Feb 25, 2011
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

Acropetal IPO P/E ratio is , as compared to Fineotex IPO P/E ratio of .

Acropetal IPO

Fineotex IPO

Financial

Particulars	For the year/period ended (in Rs. Lacs)
	31-Dec-10	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	10,637.45	10,808.51	9,280.49	5,970.03	4,093.65	709.71
Profit After Tax (PAT)	1813.26	1,955.09	1,658.58	1,306.37	1,277.59	250.89

Promoter Shareholding (Pre-Issue)

100%

99.99%

Promoter Shareholding (Post-Issue)

51.43%

62.49%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

22.99%%

23.93%%

Shares Offered

In the Acropetal IPO retail investors (RII) are offered 67,61,363 shares while in Fineotex IPO retail investors are offered 67,61,363 shares. Qualified institutional buyers (QIB) are offered 96,59,091 shares in Acropetal IPO and 21,05,580 shares in Fineotex IPO.

	Acropetal IPO	Fineotex IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	96,59,091 shares	21,05,580 shares
NII	28,97,727 shares	6,31,674 shares
RII	67,61,363 shares	14,73,906 shares
Employee
Others
Total	1,93,18,181 shares	42,11,160 shares

Bids Received (Subscription)

Acropetal IPO subscribed 1.28x in total, whereas Fineotex IPO subscribed 1.57x.

	Acropetal IPO	Fineotex IPO
QIB (times)	1.12x	0.00x
NII (times)	2.00x	0.22x
Big NII (times)
Small NII (times)
RII (times)	1.21x	4.38x
Employee (times)
Other (times)
Total (times)	1.28x	1.57x

Compare with others

Acropetal IPO	Fineotex IPO
Servalakshmi IPO	Shilpi Cables IPO
Muthoot IPO	PTC India IPO
Shilpi Cables IPO	Lovable Lingeries IPO
PTC India IPO	Acropetal IPO
Lovable Lingeries IPO	Sudar IPO
Sudar IPO	Omkar speciality IPO
Fineotex IPO	Tata Steel FPO
Omkar speciality IPO	Midvalley Entertainment IPO
Tata Steel FPO	C Mahendra IPO
Midvalley Entertainment IPO	Shekhawati IPO

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