Indosolar IPO vs Ramky Infra IPO

Comparision between Indosolar IPO and Ramky Infra IPO.

IPO Details

Indosolar IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ramky Infra IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Indosolar IPO	Ramky Infra 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	Deutsche Equities India Private Limited Axis Capital Limited
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 Indosolar IPO is up to ₹357.00 Cr whereas the issue size of the Ramky Infra IPO is up to ₹530.00 Cr. The final issue price of Indosolar IPO is ₹29.00 per share and of Ramky Infra IPO is ₹450.00 per share.

	Indosolar IPO	Ramky Infra IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹29.00 per share	₹405.00 per share
Issue Price (Upper)	₹32.00 per share	₹468.00 per share
Issue Price (Final)	₹29.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	200 shares	14 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	12,31,03,448 shares	1,17,77,778 shares
Issue Size Total (Amount)	up to ₹357.00 Cr	up to ₹530.00 Cr

IPO Timetable

Indosolar IPO opens on Sep 13, 2010, while Ramky Infra IPO opens on Sep 21, 2010. The closing date of Indosolar IPO and Ramky Infra IPO is Sep 15, 2010, and Sep 23, 2010, respectively.

	Indosolar IPO	Ramky Infra IPO
Anchor Bid Date
Issue Open	Sep 13, 2010	Sep 21, 2010
Issue Close	Sep 15, 2010	Sep 23, 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

Indosolar IPO P/E ratio is , as compared to Ramky Infra IPO P/E ratio of .

Indosolar IPO

Ramky Infra IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7939.67	14,687.77	10,560.38	7,154.11	4,125.30	1,705.93
Profit After Tax (PAT)	353.12	680.45	510.24	400.16	184.78	75.92

Promoter Shareholding (Pre-Issue)

97.63%

84.12%

Promoter Shareholding (Post-Issue)

61.77%

72.68%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

-46.06%%

23.22%%

Shares Offered

In the Indosolar IPO retail investors (RII) are offered 4,30,86,207 shares while in Ramky Infra IPO retail investors are offered 4,30,86,207 shares. Qualified institutional buyers (QIB) are offered 6,15,51,724 shares in Indosolar IPO and 57,12,727 shares in Ramky Infra IPO.

	Indosolar IPO	Ramky Infra IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,15,51,724 shares	57,12,727 shares
NII	1,84,65,517 shares	13,08,641 shares
RII	4,30,86,207 shares	39,25,926 shares
Employee
Others
Total	12,31,03,448 shares	1,09,47,294 shares

Bids Received (Subscription)

Indosolar IPO subscribed 1.55x in total, whereas Ramky Infra IPO subscribed 2.89x.

	Indosolar IPO	Ramky Infra IPO
QIB (times)	1.44x	4.52x
NII (times)	1.30x	1.45x
Big NII (times)
Small NII (times)
RII (times)	1.81x	0.99x
Employee (times)
Other (times)
Total (times)	1.55x	2.89x

Compare with others

Indosolar IPO	Ramky Infra IPO
Ramky Infra IPO	Ashoka IPO
Microsec Financial IPO	Tecpro IPO
Career Point IPO	Gallantt Ispat IPO
Tirupati Inks FPO	Electrosteel IPO
Eros IPO	Orient Green IPO
VA Tech IPO	Microsec Financial IPO
Coal India IPO	Career Point IPO
Gujarat Pipavav IPO	Tirupati Inks FPO
Prakash Steelage IPO	Eros IPO
Bajaj Corp IPO	Indosolar IPO

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