Ashoka IPO vs Oberoi Realty IPO

Comparision between Ashoka IPO and Oberoi Realty IPO.

IPO Details

Ashoka IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Oberoi Realty IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Ashoka IPO	Oberoi Realty 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 Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Motilal Oswal Investment Advisors Limited	Axis Capital Limited J.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Ashoka IPO is up to ₹225.00 Cr whereas the issue size of the Oberoi Realty IPO is up to ₹1,028.61 Cr. The final issue price of Ashoka IPO is ₹324.00 per share and of Oberoi Realty IPO is ₹260.00 per share.

	Ashoka IPO	Oberoi Realty IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹297.00 per share	₹253.00 per share
Issue Price (Upper)	₹324.00 per share	₹260.00 per share
Issue Price (Final)	₹324.00 per share	₹260.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	21 shares	20 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	69,44,445 shares	3,95,62,000 shares
Issue Size Total (Amount)	up to ₹225.00 Cr	up to ₹1,028.61 Cr

IPO Timetable

Ashoka IPO opens on Sep 24, 2010, while Oberoi Realty IPO opens on Oct 06, 2010. The closing date of Ashoka IPO and Oberoi Realty IPO is Sep 28, 2010, and Oct 08, 2010, respectively.

	Ashoka IPO	Oberoi Realty IPO
Anchor Bid Date
Issue Open	Sep 24, 2010	Oct 06, 2010
Issue Close	Sep 28, 2010	Oct 08, 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

Ashoka IPO P/E ratio is , as compared to Oberoi Realty IPO P/E ratio of .

Ashoka IPO

Oberoi Realty IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7,560.04	3,419.62	3,711.61	1,797.01	1,396.03
Profit After Tax (PAT)	478.03	220.49	147.38	85.89	113.46

Promoter Shareholding (Pre-Issue)

84.38%

89.24%

Promoter Shareholding (Post-Issue)

73.25%

78.14%

P/E Ratio

Market Cap

ROE

21.3%%

ROCE

10.9%%

Debt/Equity

EPS

RoNW

17.38%%

24.55%%

Shares Offered

In the Ashoka IPO retail investors (RII) are offered 22,61,364 shares while in Oberoi Realty IPO retail investors are offered 22,61,364 shares. Qualified institutional buyers (QIB) are offered 31,65,909 shares in Ashoka IPO and 1,66,16,040 shares in Oberoi Realty IPO.

	Ashoka IPO	Oberoi Realty IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	31,65,909 shares	1,66,16,040 shares
NII	7,53,788 shares	39,56,200 shares
RII	22,61,364 shares	1,18,68,600 shares
Employee	37,879 shares
Others
Total	62,18,940 shares	3,95,62,000 shares

Bids Received (Subscription)

Ashoka IPO subscribed 15.94x in total, whereas Oberoi Realty IPO subscribed 12.13x.

	Ashoka IPO	Oberoi Realty IPO
QIB (times)	25.52x	22.15x
NII (times)	13.91x	3.61x
Big NII (times)
Small NII (times)
RII (times)	3.46x	0.94x
Employee (times)	1.21x
Other (times)
Total (times)	15.94x	12.13x

Compare with others

Ashoka IPO	Oberoi Realty IPO
Oberoi Realty IPO	Gravita IPO
Commercial Engineers IPO	Power Grid FPO
Bedmutha IPO	Gyscoal Alloys IPO
Sea TV Network IPO	Prestige Estates IPO
Cantabil IPO	BS Transcomm IPO
Tecpro IPO	Commercial Engineers IPO
Gallantt Ispat IPO	Bedmutha IPO
Electrosteel IPO	Sea TV Network IPO
Orient Green IPO	Cantabil IPO
Ramky Infra IPO	Ashoka IPO

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