Future Ventures IPO vs Sanghvi Forging IPO

Comparision between Future Ventures IPO and Sanghvi Forging IPO.

IPO Details

Future Ventures IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sanghvi Forging IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Future Ventures IPO	Sanghvi Forging 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	Axis Capital Limited Jm Financial Limited Kotak Mahindra Capital Company Limited	Arihant Capital Markets Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Future Ventures IPO is up to ₹750.00 Cr whereas the issue size of the Sanghvi Forging IPO is up to ₹36.90 Cr. The final issue price of Future Ventures IPO is ₹10.00 per share and of Sanghvi Forging IPO is ₹85.00 per share.

	Future Ventures IPO	Sanghvi Forging IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹10.00 per share	₹80.00 per share
Issue Price (Upper)	₹11.00 per share	₹85.00 per share
Issue Price (Final)	₹10.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	70 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	75,00,00,000 shares	43,41,195 shares
Issue Size Total (Amount)	up to ₹750.00 Cr	up to ₹36.90 Cr

IPO Timetable

Future Ventures IPO opens on Apr 25, 2011, while Sanghvi Forging IPO opens on May 04, 2011. The closing date of Future Ventures IPO and Sanghvi Forging IPO is Apr 28, 2011, and May 09, 2011, respectively.

	Future Ventures IPO	Sanghvi Forging IPO
Anchor Bid Date
Issue Open	Apr 25, 2011	May 04, 2011
Issue Close	Apr 28, 2011	May 09, 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

Future Ventures IPO P/E ratio is , as compared to Sanghvi Forging IPO P/E ratio of .

Future Ventures IPO

Sanghvi Forging 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	2,932.71	2,889.83	2,952.83	2,387.18	1,965.93	1,398.81
Profit After Tax (PAT)	295.39	251.82	231.70	252.35	185.01	107.00

Promoter Shareholding (Pre-Issue)

59.38%

86.28%

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

-1.78%%

20.95%%

Shares Offered

In the Future Ventures IPO retail investors (RII) are offered 26,25,00,000 shares while in Sanghvi Forging IPO retail investors are offered 26,25,00,000 shares. Qualified institutional buyers (QIB) are offered 37,50,00,000 shares in Future Ventures IPO and 23,06,262 shares in Sanghvi Forging IPO.

	Future Ventures IPO	Sanghvi Forging IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	37,50,00,000 shares	23,06,262 shares
NII	11,25,00,000 shares	6,91,879 shares
RII	26,25,00,000 shares	16,14,384 shares
Employee
Others
Total	75,00,00,000 shares	46,12,525 shares

Bids Received (Subscription)

Future Ventures IPO subscribed 1.52x in total, whereas Sanghvi Forging IPO subscribed 1.30x.

	Future Ventures IPO	Sanghvi Forging IPO
QIB (times)	0.26x	0.00x
NII (times)	7.81x	1.82x
Big NII (times)
Small NII (times)
RII (times)	0.61x	2.93x
Employee (times)
Other (times)
Total (times)	1.52x	1.30x

Compare with others

Future Ventures IPO	Sanghvi Forging IPO
Timbor Home IPO	Rushil Decor IPO
Aanjaneya IPO	Birla Pacific Medspa IPO
Sanghvi Forging IPO	VMS Industries IPO
Power Finance FPO	Timbor Home IPO
Vaswani IPO	Aanjaneya IPO
Innoventive Industries IPO	Power Finance FPO
Paramount Printpackaging IPO	Vaswani IPO
Servalakshmi IPO	Future Ventures IPO
Muthoot IPO	Innoventive Industries IPO
Shilpi Cables IPO	Paramount Printpackaging IPO

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