Gujarat Pipavav IPO vs Prakash Steelage IPO

Comparision between Gujarat Pipavav IPO and Prakash Steelage IPO.

IPO Details

Gujarat Pipavav 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.

	Gujarat Pipavav 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	Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) 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 Gujarat Pipavav IPO is up to ₹500.00 Cr whereas the issue size of the Prakash Steelage IPO is up to ₹68.75 Cr. The final issue price of Gujarat Pipavav IPO is ₹46.00 per share and of Prakash Steelage IPO is ₹110.00 per share.

	Gujarat Pipavav IPO	Prakash Steelage IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹42.00 per share	₹100.00 per share
Issue Price (Upper)	₹48.00 per share	₹110.00 per share
Issue Price (Final)	₹46.00 per share	₹110.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	130 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,86,95,652 shares	62,50,000 shares
Issue Size Total (Amount)	up to ₹500.00 Cr	up to ₹68.75 Cr

IPO Timetable

Gujarat Pipavav IPO opens on Aug 23, 2010, while Prakash Steelage IPO opens on Aug 05, 2010. The closing date of Gujarat Pipavav IPO and Prakash Steelage IPO is Aug 26, 2010, and Aug 10, 2010, respectively.

	Gujarat Pipavav IPO	Prakash Steelage IPO
Anchor Bid Date
Issue Open	Aug 23, 2010	Aug 05, 2010
Issue Close	Aug 26, 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

Gujarat Pipavav IPO P/E ratio is , as compared to Prakash Steelage IPO P/E ratio of .

Gujarat Pipavav IPO

Prakash Steelage IPO

Financial

Particulars	For the year/period ended (Rs. in Million)
	31-Mar-10	31-Dec-09	31-Dec-08	31-Dec-07	31-Dec-06	31-Dec-05
Total Income	567.79	2,244.98	1,984.56	1,649.64	1,424.21	701.73
Profit After Tax (PAT)	(277.66)	(1,176.69)	(676.01)	(460.22)	(518.34)	(525.52)

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)

57.9%

100%

Promoter Shareholding (Post-Issue)

43%

64.29%

P/E Ratio

Market Cap

ROE

ROCE

-0.3%%

Debt/Equity

EPS

RoNW

-33.4%%

35.03%%

Shares Offered

In the Gujarat Pipavav IPO retail investors (RII) are offered 3,85,57,368 shares while in Prakash Steelage IPO retail investors are offered 3,85,57,368 shares. Qualified institutional buyers (QIB) are offered 5,66,32,410 shares in Gujarat Pipavav IPO and 30,75,000 shares in Prakash Steelage IPO.

	Gujarat Pipavav IPO	Prakash Steelage IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	5,66,32,410 shares	30,75,000 shares
NII	1,28,52,456 shares	9,22,500 shares
RII	3,85,57,368 shares	21,52,500 shares
Employee	23,80,952 shares	1,00,000 shares
Others
Total	11,04,23,186 shares	62,50,000 shares

Bids Received (Subscription)

Gujarat Pipavav IPO subscribed 19.94x in total, whereas Prakash Steelage IPO subscribed 4.53x.

	Gujarat Pipavav IPO	Prakash Steelage IPO
QIB (times)	13.20x	1.27x
NII (times)	85.70x	10.91x
Big NII (times)
Small NII (times)
RII (times)	9.15x	6.62x
Employee (times)	0.09x	1.02x
Other (times)
Total (times)	19.94x	4.53x

Compare with others

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

Comments

Add a public comment...