SKS Microfinance IPO vs Technofab IPO

Comparision between SKS Microfinance IPO and Technofab IPO.

IPO Details

SKS Microfinance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Technofab IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	SKS Microfinance IPO	Technofab 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	Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited	Collins Stewart Inga Private 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 SKS Microfinance IPO is up to ₹1,628.78 Cr whereas the issue size of the Technofab IPO is up to ₹71.66 Cr. The final issue price of SKS Microfinance IPO is ₹985.00 per share and of Technofab IPO is ₹240.00 per share.

	SKS Microfinance IPO	Technofab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹850.00 per share	₹230.00 per share
Issue Price (Upper)	₹985.00 per share	₹240.00 per share
Issue Price (Final)	₹985.00 per share	₹240.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	7 shares	25 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	1,67,91,579 shares	29,90,000 shares
Issue Size Total (Amount)	up to ₹1,628.78 Cr	up to ₹71.66 Cr

IPO Timetable

SKS Microfinance IPO opens on Jul 28, 2010, while Technofab IPO opens on Jun 29, 2010. The closing date of SKS Microfinance IPO and Technofab IPO is Aug 02, 2010, and Jul 02, 2010, respectively.

	SKS Microfinance IPO	Technofab IPO
Anchor Bid Date
Issue Open	Jul 28, 2010	Jun 29, 2010
Issue Close	Aug 02, 2010	Jul 02, 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

SKS Microfinance IPO P/E ratio is , as compared to Technofab IPO P/E ratio of .

SKS Microfinance IPO

Technofab 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	3,846.88	5,539.99	1,700.08	456.66	99.44	0.70
Profit After Tax (PAT)	559.01	801.96	166.62	22.06	16.47	0.38

Promoter Shareholding (Pre-Issue)

55.8%

51%

Promoter Shareholding (Post-Issue)

37.1%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

18.4%%

38.2%%

Shares Offered

In the SKS Microfinance IPO retail investors (RII) are offered 50,37,474 shares while in Technofab IPO retail investors are offered 50,37,474 shares. Qualified institutional buyers (QIB) are offered 70,52,464 shares in SKS Microfinance IPO and 14,70,000 shares in Technofab IPO.

	SKS Microfinance IPO	Technofab IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	70,52,464 shares	14,70,000 shares
NII	16,79,157 shares	4,41,000 shares
RII	50,37,474 shares	10,29,000 shares
Employee		50,000 shares
Others
Total	1,37,69,095 shares	29,90,000 shares

Bids Received (Subscription)

SKS Microfinance IPO subscribed 13.69x in total, whereas Technofab IPO subscribed 12.78x.

	SKS Microfinance IPO	Technofab IPO
QIB (times)	20.38x	4.28x
NII (times)	18.26x	48.85x
Big NII (times)
Small NII (times)
RII (times)	2.81x	10.03x
Employee (times)		1.10x
Other (times)
Total (times)	13.69x	12.78x

Compare with others

SKS Microfinance IPO	Technofab IPO
VA Tech IPO	SKS Microfinance IPO
Coal India IPO	Engineers India FPO
Gujarat Pipavav IPO	Midfield Industries IPO
Prakash Steelage IPO	Hindustan Media IPO
Bajaj Corp IPO	Aster Silicates IPO
Engineers India FPO	Parabolic Drugs IPO
Midfield Industries IPO	Standard Chartered IDR
Hindustan Media IPO	Jaypee Infratech IPO
Aster Silicates IPO	Mandhana Industries IPO
Technofab IPO	SJVN IPO

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