Bajaj Corp IPO vs Prakash Steelage IPO

Comparision between Bajaj Corp IPO and Prakash Steelage IPO.

IPO Details

Bajaj Corp IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Prakash Steelage IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bajaj Corp IPO	Prakash Steelage 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	Kotak Mahindra Capital Company Limited	Keynote Financial Services 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 Bajaj Corp IPO is up to ₹297.00 Cr whereas the issue size of the Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Bajaj Corp IPO is ₹660.00 per share and of Prakash Steelage IPO is ₹110.00 per share.

	Bajaj Corp IPO	Prakash Steelage IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹630.00 per share	₹100.00 per share
Issue Price (Upper)	₹660.00 per share	₹110.00 per share
Issue Price (Final)	₹660.00 per share	₹110.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	45,00,000 shares	62,50,000 shares
Issue Size Total (Amount)	up to ₹297.00 Cr	up to ₹68.75 Cr

IPO Timetable

Bajaj Corp IPO opens on Aug 02, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Bajaj Corp IPO and Prakash Steelage IPO is Aug 05, 2010, and Aug 10, 2010, respectively.

	Bajaj Corp IPO	Prakash Steelage IPO
Anchor Bid Date
Issue Open	Aug 02, 2010	Aug 05, 2010
Issue Close	Aug 05, 2010	Aug 10, 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

Bajaj Corp IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .

Bajaj Corp IPO

Prakash Steelage IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-09	31-Mar-09	31-Mar-08
Total Income	2,391.97	2,520.26	0.01
Profit After Tax (PAT)	564.97	469.92	(0.63)

Particulars	For the year/period ended (Rs. in Lacs)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	19,191.02	32,247.36	23,238.20	16,005.63	9,894.02	6,147.99
Profit After Tax (PAT)	746.10	749.71	820.38	314.30	81.00	33.81

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

84.75%

64.29%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

327.66%%

35.03%%

Shares Offered

In the Bajaj Corp IPO retail investors (RII) are offered 13,50,000 shares while in Prakash Steelage IPO retail investors are offered 13,50,000 shares. Qualified institutional buyers (QIB) are offered 18,90,000 shares in Bajaj Corp IPO and 30,75,000 shares in Prakash Steelage IPO.

	Bajaj Corp IPO	Prakash Steelage IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,90,000 shares	30,75,000 shares
NII	4,50,000 shares	9,22,500 shares
RII	13,50,000 shares	21,52,500 shares
Employee		1,00,000 shares
Others
Total	36,90,000 shares	62,50,000 shares

Bids Received (Subscription)

Bajaj Corp IPO subscribed 19.29x in total, whereas Prakash Steelage IPO subscribed 4.53x.

	Bajaj Corp IPO	Prakash Steelage IPO
QIB (times)	20.19x	1.27x
NII (times)	53.49x	10.91x
Big NII (times)
Small NII (times)
RII (times)	6.62x	6.62x
Employee (times)		1.02x
Other (times)
Total (times)	19.29x	4.53x

Compare with others

Bajaj Corp IPO	Prakash Steelage IPO
Indosolar IPO	Eros IPO
VA Tech IPO	Indosolar IPO
Coal India IPO	VA Tech IPO
Gujarat Pipavav IPO	Coal India IPO
Prakash Steelage IPO	Gujarat Pipavav IPO
SKS Microfinance IPO	Bajaj Corp IPO
Engineers India FPO	SKS Microfinance IPO
Midfield Industries IPO	Engineers India FPO
Hindustan Media IPO	Midfield Industries IPO
Aster Silicates IPO	Hindustan Media IPO

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