Nitesh Estates IPO vs Shree Ganesh IPO

Comparision between Nitesh Estates IPO and Shree Ganesh IPO.

IPO Details

Nitesh Estates IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shree Ganesh IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Nitesh Estates IPO	Shree Ganesh 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	Axis Capital Limited ICICI Securities Limited Kotak Mahindra Capital Company Limited	Axis Bank Limited ICICI Securities Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Nitesh Estates IPO is up to ₹405.00 Cr whereas the issue size of the Shree Ganesh IPO is up to ₹371.02 Cr. The final issue price of Nitesh Estates IPO is ₹54.00 per share and of Shree Ganesh IPO is ₹260.00 per share.

	Nitesh Estates IPO	Shree Ganesh IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹54.00 per share	₹260.00 per share
Issue Price (Upper)	₹56.00 per share	₹270.00 per share
Issue Price (Final)	₹54.00 per share	₹260.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	100 shares	25 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,50,00,000 shares	1,42,69,831 shares
Issue Size Total (Amount)	up to ₹405.00 Cr	up to ₹371.02 Cr

IPO Timetable

Nitesh Estates IPO opens on Apr 23, 2010, while Shree Ganesh IPO opens on Mar 19, 2010. The closing date of Nitesh Estates IPO and Shree Ganesh IPO is Apr 27, 2010, and Mar 23, 2010, respectively.

	Nitesh Estates IPO	Shree Ganesh IPO
Anchor Bid Date
Issue Open	Apr 23, 2010	Mar 19, 2010
Issue Close	Apr 27, 2010	Mar 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

Nitesh Estates IPO P/E ratio is , as compared to Shree Ganesh IPO P/E ratio of .

Nitesh Estates IPO

Shree Ganesh IPO

Financial

Particulars	For the year/period ended (Rs. in Million)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	458.47	868.89	688.73	240.15	223.59
Profit After Tax (PAT)	60.80	28.53	9.74	28.73	13.78

Particulars	For the year/period ended (Rs.in Lakhs)
	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	221,819.95	128,302.64	82,724.81	12,714.59	5,637.87
Profit After Tax (PAT)	13,245.07	8,717.69	5 ,084.05	1,118.99	52.97

Promoter Shareholding (Pre-Issue)

84.11%

88.32%

Promoter Shareholding (Post-Issue)

40.86%

70.66%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

5.3%%

33.31%%

Shares Offered

In the Nitesh Estates IPO retail investors (RII) are offered 2,62,50,000 shares while in Shree Ganesh IPO retail investors are offered 2,62,50,000 shares. Qualified institutional buyers (QIB) are offered 2,66,51,800 shares in Nitesh Estates IPO and 60,61,924 shares in Shree Ganesh IPO.

	Nitesh Estates IPO	Shree Ganesh IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,66,51,800 shares	60,61,924 shares
NII	1,12,50,000 shares	14,26,983 shares
RII	2,62,50,000 shares	42,80,949 shares
Employee
Others
Total	6,41,51,800 shares	1,17,69,856 shares

Bids Received (Subscription)

Nitesh Estates IPO subscribed 1.16x in total, whereas Shree Ganesh IPO subscribed 1.96x.

	Nitesh Estates IPO	Shree Ganesh IPO
QIB (times)	2.54x	1.38x
NII (times)	0.22x	6.13x
Big NII (times)
Small NII (times)
RII (times)	0.16x	1.39x
Employee (times)
Other (times)
Total (times)	1.16x	1.96x

Compare with others

Nitesh Estates IPO	Shree Ganesh IPO
Parabolic Drugs IPO	Nitesh Estates IPO
Standard Chartered IDR	Tarapur Transformers IPO
Jaypee Infratech IPO	Talwalkars IPO
Mandhana Industries IPO	Goenka IPO
SJVN IPO	Intrasoft IPO
Tarapur Transformers IPO	Persistent Systems IPO
Talwalkars IPO	ILFS Transportation IPO
Goenka IPO	Pradip Overseas IPO
Intrasoft IPO	DQ Entertainment IPO
Shree Ganesh IPO	NMDC FPO

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