Gravita IPO vs Prestige Estates IPO

Comparision between Gravita IPO and Prestige Estates IPO.

IPO Details

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

	Gravita IPO	Prestige Estates 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	Keynote Financial Services Ltd	Axis Capital Limited J.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited Ubs Securities India Private Limited
Registrar	Kfin Technologies Limited	Link Intime India Private 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 Gravita IPO is up to ₹45.00 Cr whereas the issue size of the Prestige Estates IPO is up to ₹1,200.00 Cr. The final issue price of Gravita IPO is ₹125.00 per share and of Prestige Estates IPO is ₹183.00 per share.

	Gravita IPO	Prestige Estates IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹120.00 per share	₹172.00 per share
Issue Price (Upper)	₹125.00 per share	₹183.00 per share
Issue Price (Final)	₹125.00 per share	₹183.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	30 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	6,55,73,770 shares
Issue Size Total (Amount)	up to ₹45.00 Cr	up to ₹1,200.00 Cr

IPO Timetable

Gravita IPO opens on Nov 01, 2010, while Prestige Estates IPO opens on Oct 12, 2010. The closing date of Gravita IPO and Prestige Estates IPO is Nov 03, 2010, and Oct 14, 2010, respectively.

	Gravita IPO	Prestige Estates IPO
Anchor Bid Date
Issue Open	Nov 01, 2010	Oct 12, 2010
Issue Close	Nov 03, 2010	Oct 14, 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

Gravita IPO P/E ratio is , as compared to Prestige Estates IPO P/E ratio of .

Gravita IPO

Prestige Estates IPO

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

Particulars	For the year/period ended (in Rs. Million)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income		9,161.51	9,892.65	4,271.42	4,743.31	3,816.45
Profit After Tax (PAT)		707.31	541.63	390.91	305.34	346.03

Promoter Shareholding (Pre-Issue)

99.94%

100%

Promoter Shareholding (Post-Issue)

73.52%

80.01%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

49.71%%

19.02%%

Shares Offered

In the Gravita IPO retail investors (RII) are offered 12,42,500 shares while in Prestige Estates IPO retail investors are offered 12,42,500 shares. Qualified institutional buyers (QIB) are offered 17,75,000 shares in Gravita IPO and 2,92,29,071 shares in Prestige Estates IPO.

	Gravita IPO	Prestige Estates IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	17,75,000 shares	2,92,29,071 shares
NII	5,32,500 shares	69,59,303 shares
RII	12,42,500 shares	2,08,77,906 shares
Employee	50,000 shares	1,74,418 shares
Others
Total	36,00,000 shares	5,72,40,698 shares

Bids Received (Subscription)

Gravita IPO subscribed 42.88x in total, whereas Prestige Estates IPO subscribed 2.26x.

	Gravita IPO	Prestige Estates IPO
QIB (times)	6.04x	4.32x
NII (times)	182.52x	0.24x
Big NII (times)
Small NII (times)
RII (times)	37.34x	0.08x
Employee (times)	1.17x	0.24x
Other (times)
Total (times)	42.88x	2.26x

Compare with others

Gravita IPO	Prestige Estates IPO
Ravikumar Distilleries IPO	MOIL IPO
Claris IPO	RPP Infra IPO
Shipping Corporation FPO	Gravita IPO
MOIL IPO	Power Grid FPO
RPP Infra IPO	Gyscoal Alloys IPO
Power Grid FPO	BS Transcomm IPO
Gyscoal Alloys IPO	Oberoi Realty IPO
Prestige Estates IPO	Commercial Engineers IPO
BS Transcomm IPO	Bedmutha IPO
Oberoi Realty IPO	Sea TV Network IPO

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