Claris IPO vs Shipping Corporation FPO

Comparision between Claris IPO and Shipping Corporation FPO.

IPO Details

Claris IPO is a Mainline Book Built Issue IPO proposed to list at BSE while Shipping Corporation FPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Claris IPO	Shipping Corporation FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE	BSE, NSE
Lead Managers	Edelweiss Financial Services Ltd Axis Capital Limited ICICI Securities Limited Jm Financial Limited	ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) SBI Capital Markets Limited
Registrar	Link Intime India Private 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 Claris IPO is up to ₹300.00 Cr whereas the issue size of the Shipping Corporation FPO is up to ₹1,164.73 Cr. The final issue price of Claris IPO is ₹228.00 per share and of Shipping Corporation FPO is ₹140.00 per share.

	Claris IPO	Shipping Corporation FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹228.00 per share	₹135.00 per share
Issue Price (Upper)	₹235.00 per share	₹140.00 per share
Issue Price (Final)	₹228.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	22 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,26,32,477 shares	8,46,90,730 shares
Issue Size Total (Amount)	up to ₹300.00 Cr	up to ₹1,164.73 Cr

IPO Timetable

Claris IPO opens on Nov 24, 2010, while Shipping Corporation FPO opens on Nov 30, 2010. The closing date of Claris IPO and Shipping Corporation FPO is Dec 02, 2010, and Dec 03, 2010, respectively.

	Claris IPO	Shipping Corporation FPO
Anchor Bid Date
Issue Open	Nov 24, 2010	Nov 30, 2010
Issue Close	Dec 02, 2010	Dec 03, 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

Claris IPO P/E ratio is , as compared to Shipping Corporation FPO P/E ratio of .

Claris IPO

Shipping Corporation FPO

Financial

Particulars	For the year/period ended (in Rs. million)
	31-Dec-09	31-Dec-08	31-Dec-07	31-Dec-06	31-Dec-05
Total Income	7,594.01	7,639.00	6,238.16	4,026.74	2,923.61
Profit After Tax (PAT)	1,303.80	1,083.95	832.72	466.93	179.30

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	39,062	45,578	40,318	42,009	38,476
Profit After Tax (PAT)	3,934	9,595	7,546	10,161	11,166

Promoter Shareholding (Pre-Issue)

86.03%

80.12%

Promoter Shareholding (Post-Issue)

69%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

24.15%%

6.08%%

Shares Offered

In the Claris IPO retail investors (RII) are offered 32,07,577 shares while in Shipping Corporation FPO retail investors are offered 32,07,577 shares. Qualified institutional buyers (QIB) are offered 45,72,152 shares in Claris IPO and 4,21,33,638 shares in Shipping Corporation FPO.

	Claris IPO	Shipping Corporation FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	45,72,152 shares	4,21,33,638 shares
NII	10,69,192 shares	1,26,40,091 shares
RII	32,07,577 shares	2,94,93,547 shares
Employee		4,23,454 shares
Others
Total	88,48,921 shares	8,46,90,730 shares

Bids Received (Subscription)

Claris IPO subscribed 1.50x in total, whereas Shipping Corporation FPO subscribed 4.92x.

	Claris IPO	Shipping Corporation FPO
QIB (times)	1.31x	4.19x
NII (times)	2.03x	3.67x
Big NII (times)
Small NII (times)
RII (times)	1.60x	6.56x
Employee (times)		0.15x
Other (times)
Total (times)	1.50x	4.92x

Compare with others

Claris IPO	Shipping Corporation FPO
C Mahendra IPO	Shekhawati IPO
Shekhawati IPO	Punjab & Sind Bank IPO
Punjab & Sind Bank IPO	A2Z Maintenance IPO
A2Z Maintenance IPO	Ravikumar Distilleries IPO
Ravikumar Distilleries IPO	Claris IPO
Shipping Corporation FPO	MOIL IPO
MOIL IPO	RPP Infra IPO
RPP Infra IPO	Gravita IPO
Gravita IPO	Power Grid FPO
Power Grid FPO	Gyscoal Alloys IPO

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