Gravita IPO vs Power Grid FPO 2

Comparision between Gravita IPO and Power Grid FPO 2.

IPO Details

Gravita IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Power Grid FPO 2 is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Gravita IPO	Power Grid FPO 2
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Keynote Financial Services Ltd	Citigroup Global Markets India Private Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited Ubs Securities India Private Limited
Registrar	Kfin Technologies Limited	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 Gravita IPO is up to ₹45.00 Cr whereas the issue size of the Power Grid FPO 2 is up to ₹6,958.64 Cr. The final issue price of Gravita IPO is ₹125.00 per share and of Power Grid FPO 2 is ₹85.50 per share.

	Gravita IPO	Power Grid FPO 2
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹120.00 per share	₹85.00 per share
Issue Price (Upper)	₹125.00 per share	₹90.00 per share
Issue Price (Final)	₹125.00 per share	₹85.50 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	150 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	78,70,53,309 shares
Issue Size Total (Amount)	up to ₹45.00 Cr	up to ₹6,958.64 Cr

IPO Timetable

Gravita IPO opens on Nov 01, 2010, while Power Grid FPO 2 opens on Dec 03, 2013. The closing date of Gravita IPO and Power Grid FPO 2 is Nov 03, 2010, and Dec 06, 2013, respectively.

	Gravita IPO	Power Grid FPO 2
Anchor Bid Date
Issue Open	Nov 01, 2010	Dec 03, 2013
Issue Close	Nov 03, 2010	Dec 06, 2013
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

Gravita IPO P/E ratio is , as compared to Power Grid FPO 2 P/E ratio of .

Gravita IPO

Power Grid FPO 2

Financial

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)

99.94%

69.42%

Promoter Shareholding (Post-Issue)

73.52%

57.9%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

49.71%%

16.15%%

Shares Offered

In the Gravita IPO retail investors (RII) are offered 12,42,500 shares while in Power Grid FPO 2 retail investors are offered 12,42,500 shares. Qualified institutional buyers (QIB) are offered 17,75,000 shares in Gravita IPO and 39,20,26,655 shares in Power Grid FPO 2.

	Gravita IPO	Power Grid FPO 2
Anchor Investor Reserveration
Market Maker Reserveration
QIB	17,75,000 shares	39,20,26,655 shares
NII	5,32,500 shares	11,76,07,996 shares
RII	12,42,500 shares	27,44,18,658 shares
Employee	50,000 shares	30,00,000 shares
Others
Total	36,00,000 shares	78,70,53,309 shares

Bids Received (Subscription)

Gravita IPO subscribed 42.88x in total, whereas Power Grid FPO 2 subscribed 6.74x.

	Gravita IPO	Power Grid FPO 2
QIB (times)	6.04x	9.09x
NII (times)	182.52x	9.70x
Big NII (times)
Small NII (times)
RII (times)	37.34x	2.17x
Employee (times)	1.17x	1.31x
Other (times)
Total (times)	42.88x	6.74x

Compare with others

Gravita IPO	Power Grid FPO 2
Ravikumar Distilleries IPO	Shemaroo IPO
Claris IPO	Sharda Cropchem IPO
Shipping Corporation FPO	Snowman Logistics IPO
MOIL IPO	Wonderla Holidays IPO
RPP Infra IPO	EIL FPO
Power Grid FPO	Just Dial IPO
Gyscoal Alloys IPO	Repco Home Finance IPO
Prestige Estates IPO	V Mart Retail IPO
BS Transcomm IPO	Bharti Infratel IPO
Oberoi Realty IPO	PC Jeweller IPO

Comments

Add a public comment...