Fineotex IPO vs Tata Steel FPO

Comparision between Fineotex IPO and Tata Steel FPO.

IPO Details

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

	Fineotex IPO	Tata Steel FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE	BSE, NSE
Lead Managers	Indbank Merchant Banking Services Limited	Citigroup Global Markets India Private Limited Deutsche Equities India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Kotak Mahindra Capital Company Limited SBI Capital Markets Limited Standard Chartered Securities (India) Limited
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private 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 Fineotex IPO is up to ₹29.48 Cr whereas the issue size of the Tata Steel FPO is up to ₹3,477.00 Cr. The final issue price of Fineotex IPO is ₹70.00 per share and of Tata Steel FPO is ₹610.00 per share.

	Fineotex IPO	Tata Steel FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹60.00 per share	₹594.00 per share
Issue Price (Upper)	₹72.00 per share	₹610.00 per share
Issue Price (Final)	₹70.00 per share	₹610.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	90 shares	10 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	42,11,160 shares	5,70,00,000 shares
Issue Size Total (Amount)	up to ₹29.48 Cr	up to ₹3,477.00 Cr

IPO Timetable

Fineotex IPO opens on Feb 23, 2011, while Tata Steel FPO opens on Jan 19, 2011. The closing date of Fineotex IPO and Tata Steel FPO is Feb 25, 2011, and Jan 21, 2011, respectively.

	Fineotex IPO	Tata Steel FPO
Anchor Bid Date
Issue Open	Feb 23, 2011	Jan 19, 2011
Issue Close	Feb 25, 2011	Jan 21, 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

Fineotex IPO P/E ratio is , as compared to Tata Steel FPO P/E ratio of .

Fineotex IPO

Tata Steel FPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	30-Sep-10	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	567,136.1	1,035,789.7	1,475,949.3	1,320,094.9	254,317.4	204,583.9
Profit After Tax (PAT)	37,584.2	(21,208.4)	48,492.4	123,217.6	41,656.1	37,210.7

Promoter Shareholding (Pre-Issue)

99.99%

32.69%

Promoter Shareholding (Post-Issue)

62.49%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

23.93%%

13.4%%

Shares Offered

In the Fineotex IPO retail investors (RII) are offered 14,73,906 shares while in Tata Steel FPO retail investors are offered 14,73,906 shares. Qualified institutional buyers (QIB) are offered 21,05,580 shares in Fineotex IPO and 1,94,25,000 shares in Tata Steel FPO.

	Fineotex IPO	Tata Steel FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	21,05,580 shares	1,94,25,000 shares
NII	6,31,674 shares	83,25,000 shares
RII	14,73,906 shares	1,94,25,000 shares
Employee		15,00,000 shares
Others
Total	42,11,160 shares	4,86,75,000 shares

Bids Received (Subscription)

Fineotex IPO subscribed 1.57x in total, whereas Tata Steel FPO subscribed 6.03x.

	Fineotex IPO	Tata Steel FPO
QIB (times)	0.00x	10.41x
NII (times)	0.22x	7.21x
Big NII (times)
Small NII (times)
RII (times)	4.38x	1.60x
Employee (times)		0.06x
Other (times)
Total (times)	1.57x	6.03x

Compare with others

Fineotex IPO	Tata Steel FPO
Shilpi Cables IPO	Lovable Lingeries IPO
PTC India IPO	Acropetal IPO
Lovable Lingeries IPO	Sudar IPO
Acropetal IPO	Fineotex IPO
Sudar IPO	Omkar speciality IPO
Omkar speciality IPO	Midvalley Entertainment IPO
Tata Steel FPO	C Mahendra IPO
Midvalley Entertainment IPO	Shekhawati IPO
C Mahendra IPO	Punjab & Sind Bank IPO
Shekhawati IPO	A2Z Maintenance IPO

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