Goenka IPO vs Nitesh Estates IPO

Comparision between Goenka IPO and Nitesh Estates IPO.

IPO Details

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

	Goenka IPO	Nitesh 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	SBI Capital Markets Limited	Axis Capital Limited ICICI Securities Limited Kotak Mahindra Capital Company 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 Goenka IPO is up to ₹126.51 Cr whereas the issue size of the Nitesh Estates IPO is up to ₹405.00 Cr. The final issue price of Goenka IPO is ₹135.00 per share and of Nitesh Estates IPO is ₹54.00 per share.

	Goenka IPO	Nitesh Estates IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹135.00 per share	₹54.00 per share
Issue Price (Upper)	₹145.00 per share	₹56.00 per share
Issue Price (Final)	₹135.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	40 shares	100 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	93,71,000 shares	7,50,00,000 shares
Issue Size Total (Amount)	up to ₹126.51 Cr	up to ₹405.00 Cr

IPO Timetable

Goenka IPO opens on Mar 23, 2010, while Nitesh Estates IPO opens on Apr 23, 2010. The closing date of Goenka IPO and Nitesh Estates IPO is Mar 26, 2010, and Apr 27, 2010, respectively.

	Goenka IPO	Nitesh Estates IPO
Anchor Bid Date
Issue Open	Mar 23, 2010	Apr 23, 2010
Issue Close	Mar 26, 2010	Apr 27, 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

Goenka IPO P/E ratio is , as compared to Nitesh Estates IPO P/E ratio of .

Goenka IPO

Nitesh Estates IPO

Financial

Particulars	For the year/period ended (Rs. in Million)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	458.47	868.89	688.73	240.15	223.59
Profit After Tax (PAT)	60.80	28.53	9.74	28.73	13.78

Promoter Shareholding (Pre-Issue)

100%

84.11%

Promoter Shareholding (Post-Issue)

69.07%

40.86%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

38.96%%

5.3%%

Shares Offered

In the Goenka IPO retail investors (RII) are offered 35,00,000 shares while in Nitesh Estates IPO retail investors are offered 35,00,000 shares. Qualified institutional buyers (QIB) are offered 50,00,000 shares in Goenka IPO and 2,66,51,800 shares in Nitesh Estates IPO.

	Goenka IPO	Nitesh Estates IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	50,00,000 shares	2,66,51,800 shares
NII	15,00,000 shares	1,12,50,000 shares
RII	35,00,000 shares	2,62,50,000 shares
Employee
Others
Total	1,00,00,000 shares	6,41,51,800 shares

Bids Received (Subscription)

Goenka IPO subscribed 1.07x in total, whereas Nitesh Estates IPO subscribed 1.16x.

	Goenka IPO	Nitesh Estates IPO
QIB (times)	0.78x	2.54x
NII (times)	3.00x	0.22x
Big NII (times)
Small NII (times)
RII (times)	0.66x	0.16x
Employee (times)
Other (times)
Total (times)	1.07x	1.16x

Compare with others

Goenka IPO	Nitesh Estates IPO
Mandhana Industries IPO	Parabolic Drugs IPO
SJVN IPO	Standard Chartered IDR
Nitesh Estates IPO	Jaypee Infratech IPO
Tarapur Transformers IPO	Mandhana Industries IPO
Talwalkars IPO	SJVN IPO
Intrasoft IPO	Tarapur Transformers IPO
Shree Ganesh IPO	Talwalkars IPO
Persistent Systems IPO	Goenka IPO
ILFS Transportation IPO	Intrasoft IPO
Pradip Overseas IPO	Shree Ganesh IPO

Comments

Add a public comment...