Readymade Steel India IPO vs VMS Industries IPO

Comparision between Readymade Steel India IPO and VMS Industries IPO.

IPO Details

Readymade Steel India IPO is a Mainline Book Built Issue IPO proposed to list at BSE while VMS Industries IPO is a Mainline Book Built Issue proposed to list at BSE.

	Readymade Steel India IPO	VMS Industries IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE	BSE
Lead Managers	Arihant Capital Markets Ltd	Ashika Capital Ltd
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
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 Readymade Steel India IPO is up to ₹34.75 Cr whereas the issue size of the VMS Industries IPO is up to ₹25.75 Cr. The final issue price of Readymade Steel India IPO is ₹108.00 per share and of VMS Industries IPO is ₹40.00 per share.

	Readymade Steel India IPO	VMS Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹90.00 per share	₹36.00 per share
Issue Price (Upper)	₹108.00 per share	₹40.00 per share
Issue Price (Final)	₹108.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	60 shares	160 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,17,157 shares	64,37,500 shares
Issue Size Total (Amount)	up to ₹34.75 Cr	up to ₹25.75 Cr

IPO Timetable

Readymade Steel India IPO opens on Jun 27, 2011, while VMS Industries IPO opens on May 30, 2011. The closing date of Readymade Steel India IPO and VMS Industries IPO is Jun 29, 2011, and Jun 02, 2011, respectively.

	Readymade Steel India IPO	VMS Industries IPO
Anchor Bid Date
Issue Open	Jun 27, 2011	May 30, 2011
Issue Close	Jun 29, 2011	Jun 02, 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

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

Readymade Steel India IPO

VMS Industries IPO

Financial

Particulars	For the year/period ended (in Rs. Lacs)
	31-Mar-10	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	3609.14	146.19	13.79	6.60	2.85
Profit After Tax (PAT)	260.72	72.44	3.44	1.58	(0.25)

Promoter Shareholding (Pre-Issue)

88.83%

92.93%

Promoter Shareholding (Post-Issue)

64.44%

56.61%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

5.14%%

12.81%%

Shares Offered

In the Readymade Steel India IPO retail investors (RII) are offered 13,51,206 shares while in VMS Industries IPO retail investors are offered 13,51,206 shares. Qualified institutional buyers (QIB) are offered 19,30,294 shares in Readymade Steel India IPO and 35,76,389 shares in VMS Industries IPO.

	Readymade Steel India IPO	VMS Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	19,30,294 shares	35,76,389 shares
NII	5,79,088 shares	10,72,917 shares
RII	13,51,206 shares	25,03,472 shares
Employee
Others
Total	38,60,588 shares	71,52,778 shares

Bids Received (Subscription)

Readymade Steel India IPO subscribed 1.68x in total, whereas VMS Industries IPO subscribed 1.36x.

	Readymade Steel India IPO	VMS Industries IPO
QIB (times)	0.03x	0.00x
NII (times)	1.37x	1.11x
Big NII (times)
Small NII (times)
RII (times)	4.18x	3.41x
Employee (times)
Other (times)
Total (times)	1.68x	1.36x

Compare with others

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

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