Electrosteel IPO vs Ramky Infra IPO

Comparision between Electrosteel IPO and Ramky Infra IPO.

IPO Details

Electrosteel IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ramky Infra IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Electrosteel IPO	Ramky Infra 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	Edelweiss Financial Services Ltd Axis Capital Limited SBI Capital Markets Limited	Deutsche Equities India Private Limited Axis Capital 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 Electrosteel IPO is up to ₹248.07 Cr whereas the issue size of the Ramky Infra IPO is up to ₹530.00 Cr. The final issue price of Electrosteel IPO is ₹11.00 per share and of Ramky Infra IPO is ₹450.00 per share.

	Electrosteel IPO	Ramky Infra IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹10.00 per share	₹405.00 per share
Issue Price (Upper)	₹11.00 per share	₹468.00 per share
Issue Price (Final)	₹11.00 per share	₹450.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	600 shares	14 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	22,55,16,188 shares	1,17,77,778 shares
Issue Size Total (Amount)	up to ₹248.07 Cr	up to ₹530.00 Cr

IPO Timetable

Electrosteel IPO opens on Sep 21, 2010, while Ramky Infra IPO opens on Sep 21, 2010. The closing date of Electrosteel IPO and Ramky Infra IPO is Sep 24, 2010, and Sep 23, 2010, respectively.

	Electrosteel IPO	Ramky Infra IPO
Anchor Bid Date
Issue Open	Sep 21, 2010	Sep 21, 2010
Issue Close	Sep 24, 2010	Sep 23, 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

Electrosteel IPO P/E ratio is , as compared to Ramky Infra IPO P/E ratio of .

Electrosteel IPO

Ramky Infra IPO

Financial

Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	7939.67	14,687.77	10,560.38	7,154.11	4,125.30	1,705.93
Profit After Tax (PAT)	353.12	680.45	510.24	400.16	184.78	75.92

Promoter Shareholding (Pre-Issue)

36.83%

84.12%

Promoter Shareholding (Post-Issue)

12.31%

72.68%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

23.22%%

Shares Offered

In the Electrosteel IPO retail investors (RII) are offered 6,76,54,856 shares while in Ramky Infra IPO retail investors are offered 6,76,54,856 shares. Qualified institutional buyers (QIB) are offered 13,53,09,713 shares in Electrosteel IPO and 57,12,727 shares in Ramky Infra IPO.

	Electrosteel IPO	Ramky Infra IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	13,53,09,713 shares	57,12,727 shares
NII	2,25,51,619 shares	13,08,641 shares
RII	6,76,54,856 shares	39,25,926 shares
Employee
Others
Total	22,55,16,188 shares	1,09,47,294 shares

Bids Received (Subscription)

Electrosteel IPO subscribed 8.23x in total, whereas Ramky Infra IPO subscribed 2.89x.

	Electrosteel IPO	Ramky Infra IPO
QIB (times)	5.86x	4.52x
NII (times)	28.58x	1.45x
Big NII (times)
Small NII (times)
RII (times)	6.19x	0.99x
Employee (times)
Other (times)
Total (times)	8.23x	2.89x

Compare with others

Electrosteel IPO	Ramky Infra IPO
Sea TV Network IPO	Ashoka IPO
Cantabil IPO	Tecpro IPO
Ashoka IPO	Gallantt Ispat IPO
Tecpro IPO	Electrosteel IPO
Gallantt Ispat IPO	Orient Green IPO
Orient Green IPO	Microsec Financial IPO
Ramky Infra IPO	Career Point IPO
Microsec Financial IPO	Tirupati Inks FPO
Career Point IPO	Eros IPO
Tirupati Inks FPO	Indosolar IPO

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