Prakash Steelage IPO vs VA Tech IPO

Comparision between Prakash Steelage IPO and VA Tech IPO.

IPO Details

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

	Prakash Steelage IPO	VA Tech 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	Keynote Financial Services Ltd	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Registrar	Bigshare Services Pvt Ltd	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 Prakash Steelage IPO is up to ₹68.75 Cr whereas the issue size of the VA Tech IPO is up to ₹125.00 Cr. The final issue price of Prakash Steelage IPO is ₹110.00 per share and of VA Tech IPO is ₹1,310.00 per share.

	Prakash Steelage IPO	VA Tech IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹100.00 per share	₹1,230.00 per share
Issue Price (Upper)	₹110.00 per share	₹1,310.00 per share
Issue Price (Final)	₹110.00 per share	₹1,310.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	60 shares	5 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	62,50,000 shares	9,54,198 shares
Issue Size Total (Amount)	up to ₹68.75 Cr	up to ₹125.00 Cr

IPO Timetable

Prakash Steelage IPO opens on Aug 05, 2010, while VA Tech IPO opens on Sep 22, 2010. The closing date of Prakash Steelage IPO and VA Tech IPO is Aug 10, 2010, and Sep 27, 2010, respectively.

	Prakash Steelage IPO	VA Tech IPO
Anchor Bid Date
Issue Open	Aug 05, 2010	Sep 22, 2010
Issue Close	Aug 10, 2010	Sep 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

Prakash Steelage IPO P/E ratio is , as compared to VA Tech IPO P/E ratio of .

Prakash Steelage IPO

VA Tech IPO

Financial

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%

34.34%

Promoter Shareholding (Post-Issue)

64.29%

31.21%

P/E Ratio

Market Cap

ROE

ROCE

33.7%%

Debt/Equity

EPS

RoNW

35.03%%

18.4%%

Shares Offered

In the Prakash Steelage IPO retail investors (RII) are offered 21,52,500 shares while in VA Tech IPO retail investors are offered 21,52,500 shares. Qualified institutional buyers (QIB) are offered 30,75,000 shares in Prakash Steelage IPO and 12,93,684 shares in VA Tech IPO.

	Prakash Steelage IPO	VA Tech IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	30,75,000 shares	12,93,684 shares
NII	9,22,500 shares	5,50,447 shares
RII	21,52,500 shares	12,84,376 shares
Employee	1,00,000 shares
Others
Total	62,50,000 shares	31,28,507 shares

Bids Received (Subscription)

Prakash Steelage IPO subscribed 4.53x in total, whereas VA Tech IPO subscribed 36.22x.

	Prakash Steelage IPO	VA Tech IPO
QIB (times)	1.27x	36.13x
NII (times)	10.91x	100.98x
Big NII (times)
Small NII (times)
RII (times)	6.62x	8.55x
Employee (times)	1.02x
Other (times)
Total (times)	4.53x	36.22x

Compare with others

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

Comments

Add a public comment...