PSP Projects IPO vs Shankara Buildpro IPO

Comparision between PSP Projects IPO and Shankara Buildpro IPO.

IPO Details

PSP Projects IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shankara Buildpro IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	PSP Projects IPO	Shankara Buildpro 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	Karvy Investor Services Limited Motilal Oswal Investment Advisors Limited	Equirus Capital Private Limited Hdfc Bank Limited Idfc Bank 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 PSP Projects IPO is up to ₹211.68 Cr whereas the issue size of the Shankara Buildpro IPO is up to ₹345.00 Cr. The final issue price of PSP Projects IPO is ₹210.00 per share and of Shankara Buildpro IPO is ₹460.00 per share.

	PSP Projects IPO	Shankara Buildpro IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹205.00 per share	₹440.00 per share
Issue Price (Upper)	₹210.00 per share	₹460.00 per share
Issue Price (Final)	₹210.00 per share	₹460.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	70 shares	32 shares
Fresh Issue Size	72,00,000 shares
Fresh Issue Size (Amount)		up to ₹45.00 Cr
OFS Issue Size	28,80,000 shares	65,21,740 shares
OFS Issue Size (Amount)
Issue Size Total	1,00,80,000 shares
Issue Size Total (Amount)	up to ₹211.68 Cr	up to ₹345.00 Cr

IPO Timetable

PSP Projects IPO opens on May 17, 2017, while Shankara Buildpro IPO opens on Mar 22, 2017. The closing date of PSP Projects IPO and Shankara Buildpro IPO is May 19, 2017, and Mar 24, 2017, respectively.

	PSP Projects IPO	Shankara Buildpro IPO
Anchor Bid Date
Issue Open	May 17, 2017	Mar 22, 2017
Issue Close	May 19, 2017	Mar 24, 2017
Basis Of Allotment (Tentative)	May 24, 2017	Mar 30, 2017
Initiation of Refunds (Tentative)	May 26, 2017	Mar 31, 2017
Credit of Share (Tentative)	May 26, 2017	Apr 03, 2017
Listing date (Tentative)	May 29, 2017	Apr 05, 2017
Anchor Lockin End date 1	Jun 23, 2017	Apr 29, 2017
Anchor Lockin End date 2	Aug 22, 2017	Jun 28, 2017

Financials

PSP Projects IPO P/E ratio is , as compared to Shankara Buildpro IPO P/E ratio of .

PSP Projects IPO

Shankara Buildpro IPO

Financial

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Dec-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	2,741.50	2,287.13	1,863.78	1,362.71	1,009.60	918.53
Total Revenue	2,494.15	4,677.14	2,869.67	2,147.97	2,609.69	1,807.53
Profit After Tax (PAT)	214.83	249.31	140.54	100.70	122.50	83.52

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Dec-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	6,046.35	5,913.15	5,505.20	5,956.44	5,724.80	4,559.90
Total Revenue	14,576.79	17,750.07	17,204.70	18,840.21	17,024.89	13,855.32
Profit After Tax (PAT)	137.38	109.77	42.47	193.38	271.24	277.75

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the PSP Projects IPO retail investors (RII) are offered 10,08,000 shares while in Shankara Buildpro IPO retail investors are offered 10,08,000 shares. Qualified institutional buyers (QIB) are offered 30,24,000 shares in PSP Projects IPO and 15,22,232 shares in Shankara Buildpro IPO.

	PSP Projects IPO	Shankara Buildpro IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	30,24,000 shares	15,22,232 shares
NII	15,12,000 shares	11,31,671 shares
RII	10,08,000 shares	26,40,564 shares
Employee
Others
Total	55,44,000 shares	52,94,467 shares

Bids Received (Subscription)

PSP Projects IPO subscribed 8.58x in total, whereas Shankara Buildpro IPO subscribed 41.88x.

	PSP Projects IPO	Shankara Buildpro IPO
QIB (times)	8.38x	51.62x
NII (times)	10.39x	90.68x
Big NII (times)
Small NII (times)
RII (times)	6.47x	15.35x
Employee (times)
Other (times)
Total (times)	8.58x	41.88x

Compare with others

PSP Projects IPO	Shankara Buildpro IPO
Au Financiers IPO	IndiGrid InvIT Fund
GTPL Hathway IPO	PSP Projects IPO
Eris Lifesciences IPO	IRB InvIT Fund IPO
Tejas Networks IPO	S Chand and Company IPO
IndiGrid InvIT Fund	HUDCO IPO
IRB InvIT Fund IPO	CL Educate IPO
S Chand and Company IPO	Radio City IPO
HUDCO IPO	CDSL IPO
Shankara Buildpro IPO	DMart IPO
CL Educate IPO	BSE Limited IPO

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