Gravita IPO vs Shipping Corporation FPO

Comparision between Gravita IPO and Shipping Corporation FPO.

IPO Details

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

	Gravita IPO	Shipping Corporation FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Keynote Financial Services Ltd	ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) SBI Capital Markets 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 Gravita IPO is up to ₹45.00 Cr whereas the issue size of the Shipping Corporation FPO is up to ₹1,164.73 Cr. The final issue price of Gravita IPO is ₹125.00 per share and of Shipping Corporation FPO is ₹140.00 per share.

	Gravita IPO	Shipping Corporation FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹120.00 per share	₹135.00 per share
Issue Price (Upper)	₹125.00 per share	₹140.00 per share
Issue Price (Final)	₹125.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,00,000 shares	8,46,90,730 shares
Issue Size Total (Amount)	up to ₹45.00 Cr	up to ₹1,164.73 Cr

IPO Timetable

Gravita IPO opens on Nov 01, 2010, while Shipping Corporation FPO opens on Nov 30, 2010. The closing date of Gravita IPO and Shipping Corporation FPO is Nov 03, 2010, and Dec 03, 2010, respectively.

	Gravita IPO	Shipping Corporation FPO
Anchor Bid Date
Issue Open	Nov 01, 2010	Nov 30, 2010
Issue Close	Nov 03, 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

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

Gravita IPO

Shipping Corporation FPO

Financial

Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	16,697.38	10,900.94	4,917.41	2,196.29	393.52
Profit After Tax (PAT)	1,398.23	542.35	261.85	222.75	113.64

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)

99.94%

80.12%

Promoter Shareholding (Post-Issue)

73.52%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

49.71%%

6.08%%

Shares Offered

In the Gravita IPO retail investors (RII) are offered 12,42,500 shares while in Shipping Corporation FPO retail investors are offered 12,42,500 shares. Qualified institutional buyers (QIB) are offered 17,75,000 shares in Gravita IPO and 4,21,33,638 shares in Shipping Corporation FPO.

	Gravita IPO	Shipping Corporation FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	17,75,000 shares	4,21,33,638 shares
NII	5,32,500 shares	1,26,40,091 shares
RII	12,42,500 shares	2,94,93,547 shares
Employee	50,000 shares	4,23,454 shares
Others
Total	36,00,000 shares	8,46,90,730 shares

Bids Received (Subscription)

Gravita IPO subscribed 42.88x in total, whereas Shipping Corporation FPO subscribed 4.92x.

	Gravita IPO	Shipping Corporation FPO
QIB (times)	6.04x	4.19x
NII (times)	182.52x	3.67x
Big NII (times)
Small NII (times)
RII (times)	37.34x	6.56x
Employee (times)	1.17x	0.15x
Other (times)
Total (times)	42.88x	4.92x

Compare with others

Gravita IPO	Shipping Corporation FPO
Ravikumar Distilleries IPO	Shekhawati IPO
Claris IPO	Punjab & Sind Bank IPO
Shipping Corporation FPO	A2Z Maintenance IPO
MOIL IPO	Ravikumar Distilleries IPO
RPP Infra IPO	Claris IPO
Power Grid FPO	MOIL IPO
Gyscoal Alloys IPO	RPP Infra IPO
Prestige Estates IPO	Gravita IPO
BS Transcomm IPO	Power Grid FPO
Oberoi Realty IPO	Gyscoal Alloys IPO

Comments

Add a public comment...