Galaxy IPO vs Readymade Steel India IPO

Comparision between Galaxy IPO and Readymade Steel India IPO.

IPO Details

Galaxy IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Readymade Steel India IPO is a Mainline Book Built Issue proposed to list at BSE.

	Galaxy IPO	Readymade Steel India IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE
Lead Managers	Centrum Capital Limited Motilal Oswal Investment Advisors Limited	Arihant Capital Markets Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Galaxy IPO is up to ₹0.00 Cr whereas the issue size of the Readymade Steel India IPO is up to ₹34.75 Cr. The final issue price of Galaxy IPO is ₹0.00 per share and of Readymade Steel India IPO is ₹108.00 per share.

	Galaxy IPO	Readymade Steel India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹325.00 per share	₹90.00 per share
Issue Price (Upper)	₹340.00 per share	₹108.00 per share
Issue Price (Final)	₹0.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	20 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	59,30,000 shares	32,17,157 shares
Issue Size Total (Amount)	up to ₹0.00 Cr	up to ₹34.75 Cr

IPO Timetable

Galaxy IPO opens on May 13, 2011, while Readymade Steel India IPO opens on Jun 27, 2011. The closing date of Galaxy IPO and Readymade Steel India IPO is May 19, 2011, and Jun 29, 2011, respectively.

	Galaxy IPO	Readymade Steel India IPO
Anchor Bid Date
Issue Open	May 13, 2011	Jun 27, 2011
Issue Close	May 19, 2011	Jun 29, 2011
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

Galaxy IPO P/E ratio is , as compared to Readymade Steel India IPO P/E ratio of .

Galaxy IPO

Readymade Steel India IPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	5941.80	5693.20	3889.55	3295.12	2725.26
Profit After Tax (PAT)	403.42	267.02	261.79	255.25	60.70

Promoter Shareholding (Pre-Issue)

76.98%

88.83%

Promoter Shareholding (Post-Issue)

70.92%

64.44%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

19.77%%

5.14%%

Shares Offered

In the Galaxy IPO retail investors (RII) are offered 20,75,500 shares while in Readymade Steel India IPO retail investors are offered 20,75,500 shares. Qualified institutional buyers (QIB) are offered 20,75,500 shares in Galaxy IPO and 19,30,294 shares in Readymade Steel India IPO.

	Galaxy IPO	Readymade Steel India IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	20,75,500 shares	19,30,294 shares
NII	8,89,500 shares	5,79,088 shares
RII	20,75,500 shares	13,51,206 shares
Employee
Others
Total	50,40,500 shares	38,60,588 shares

Bids Received (Subscription)

Galaxy IPO subscribed 0.30x in total, whereas Readymade Steel India IPO subscribed 1.68x.

	Galaxy IPO	Readymade Steel India IPO
QIB (times)	0.59x	0.03x
NII (times)	0.04x	1.37x
Big NII (times)
Small NII (times)
RII (times)	0.11x	4.18x
Employee (times)
Other (times)
Total (times)	0.30x	1.68x

Compare with others

Galaxy IPO	Readymade Steel India IPO
Readymade Steel India IPO	Tree House IPO
Rushil Decor IPO	SRS IPO
Birla Pacific Medspa IPO	Inventure Securities IPO
VMS Industries IPO	L&T Finance IPO
Timbor Home IPO	Bharatiya Global Infomedia IPO
Aanjaneya IPO	Rushil Decor IPO
Sanghvi Forging IPO	Birla Pacific Medspa IPO
Power Finance FPO	VMS Industries IPO
Vaswani IPO	Timbor Home IPO
Future Ventures IPO	Aanjaneya IPO

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