Innoventive Industries IPO vs Sanghvi Forging IPO

Comparision between Innoventive Industries IPO and Sanghvi Forging IPO.

IPO Details

Innoventive Industries 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.

	Innoventive Industries 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	Avendus Capital Pvt Ltd Axis Bank Limited	Arihant Capital Markets Ltd
Registrar	Kfin Technologies Limited	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 Innoventive Industries IPO is up to ₹219.58 Cr whereas the issue size of the Sanghvi Forging IPO is up to ₹36.90 Cr. The final issue price of Innoventive Industries IPO is ₹117.00 per share and of Sanghvi Forging IPO is ₹85.00 per share.

	Innoventive Industries IPO	Sanghvi Forging IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹117.00 per share	₹80.00 per share
Issue Price (Upper)	₹120.00 per share	₹85.00 per share
Issue Price (Final)	₹117.00 per share	₹85.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	70 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,87,67,521 shares	43,41,195 shares
Issue Size Total (Amount)	up to ₹219.58 Cr	up to ₹36.90 Cr

IPO Timetable

Innoventive Industries IPO opens on Apr 26, 2011, while Sanghvi Forging IPO opens on May 04, 2011. The closing date of Innoventive Industries IPO and Sanghvi Forging IPO is Apr 29, 2011, and May 09, 2011, respectively.

	Innoventive Industries IPO	Sanghvi Forging IPO
Anchor Bid Date
Issue Open	Apr 26, 2011	May 04, 2011
Issue Close	Apr 29, 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

Innoventive Industries IPO P/E ratio is , as compared to Sanghvi Forging IPO P/E ratio of .

Innoventive Industries IPO

Sanghvi Forging IPO

Financial

Particulars	For the year/period ended (in Rs. Lakhs)
	31-Dec-10	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	38150.20	39,222.27	35,081.27	27,592.69	19,263.61	11,722.18
Profit After Tax (PAT)	3,177.30	3,454.01	1,162.86	329.70	550.92	1,017.70

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)

65.6%

86.28%

Promoter Shareholding (Post-Issue)

45.16%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

48.72%%

20.95%%

Shares Offered

In the Innoventive Industries IPO retail investors (RII) are offered 65,68,633 shares while in Sanghvi Forging IPO retail investors are offered 65,68,633 shares. Qualified institutional buyers (QIB) are offered 93,83,760 shares in Innoventive Industries IPO and 23,06,262 shares in Sanghvi Forging IPO.

	Innoventive Industries IPO	Sanghvi Forging IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	93,83,760 shares	23,06,262 shares
NII	28,15,128 shares	6,91,879 shares
RII	65,68,633 shares	16,14,384 shares
Employee
Others
Total	1,87,67,521 shares	46,12,525 shares

Bids Received (Subscription)

Innoventive Industries IPO subscribed 1.24x in total, whereas Sanghvi Forging IPO subscribed 1.30x.

	Innoventive Industries IPO	Sanghvi Forging IPO
QIB (times)	0.85x	0.00x
NII (times)	1.94x	1.82x
Big NII (times)
Small NII (times)
RII (times)	1.48x	2.93x
Employee (times)
Other (times)
Total (times)	1.24x	1.30x

Compare with others

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

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