Claris IPO vs Gravita IPO

Comparision between Claris IPO and Gravita IPO.

IPO Details

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

	Claris IPO	Gravita 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	Keynote Financial Services Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Gravita IPO is up to ₹45.00 Cr. The final issue price of Claris IPO is ₹228.00 per share and of Gravita IPO is ₹125.00 per share.

	Claris IPO	Gravita IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹228.00 per share	₹120.00 per share
Issue Price (Upper)	₹235.00 per share	₹125.00 per share
Issue Price (Final)	₹228.00 per share	₹125.00 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	36,00,000 shares
Issue Size Total (Amount)	up to ₹300.00 Cr	up to ₹45.00 Cr

IPO Timetable

Claris IPO opens on Nov 24, 2010, while Gravita IPO opens on Nov 01, 2010. The closing date of Claris IPO and Gravita IPO is Dec 02, 2010, and Nov 03, 2010, respectively.

	Claris IPO	Gravita IPO
Anchor Bid Date
Issue Open	Nov 24, 2010	Nov 01, 2010
Issue Close	Dec 02, 2010	Nov 03, 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 Gravita IPO P/E ratio of .

Claris IPO

Gravita 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. Lakhs)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	16,697.38	10,900.94	4,917.41	2,196.29	393.52
Profit After Tax (PAT)	1,398.23	542.35	261.85	222.75	113.64

Promoter Shareholding (Pre-Issue)

86.03%

99.94%

Promoter Shareholding (Post-Issue)

69%

73.52%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

24.15%%

49.71%%

Shares Offered

In the Claris IPO retail investors (RII) are offered 32,07,577 shares while in Gravita IPO retail investors are offered 32,07,577 shares. Qualified institutional buyers (QIB) are offered 45,72,152 shares in Claris IPO and 17,75,000 shares in Gravita IPO.

	Claris IPO	Gravita IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	45,72,152 shares	17,75,000 shares
NII	10,69,192 shares	5,32,500 shares
RII	32,07,577 shares	12,42,500 shares
Employee		50,000 shares
Others
Total	88,48,921 shares	36,00,000 shares

Bids Received (Subscription)

Claris IPO subscribed 1.50x in total, whereas Gravita IPO subscribed 42.88x.

	Claris IPO	Gravita IPO
QIB (times)	1.31x	6.04x
NII (times)	2.03x	182.52x
Big NII (times)
Small NII (times)
RII (times)	1.60x	37.34x
Employee (times)		1.17x
Other (times)
Total (times)	1.50x	42.88x

Compare with others

Claris IPO	Gravita IPO
C Mahendra IPO	Ravikumar Distilleries IPO
Shekhawati IPO	Claris IPO
Punjab & Sind Bank IPO	Shipping Corporation FPO
A2Z Maintenance IPO	MOIL IPO
Ravikumar Distilleries IPO	RPP Infra IPO
Shipping Corporation FPO	Power Grid FPO
MOIL IPO	Gyscoal Alloys IPO
RPP Infra IPO	Prestige Estates IPO
Gravita IPO	BS Transcomm IPO
Power Grid FPO	Oberoi Realty IPO

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