Bank of Maharashtra IPO vs Dredging Corp.of India IPO

Comparison between Bank of Maharashtra IPO and Dredging Corp.of India IPO.

IPO Details

Bank of Maharashtra IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Dredging Corp.of India IPO is a Mainboard Bookbuilding proposed to list at NSE, BSE.

Issue Size and Price

The total issue size of Bank of Maharashtra IPO is up to ₹230.00 Cr whereas the issue size of the Dredging Corp.of India IPO is up to ₹221.20 Cr. The final issue price of Bank of Maharashtra IPO is ₹23.00 per share and of Dredging Corp.of India IPO is ₹400.00 per share.

 Bank of Maharashtra IPODredging Corp.of India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹385.00 per share
Issue Price (Upper)₹400.00 per share
Issue Price (Final)₹23.00 per share₹400.00 per share
Discount (Retail)₹20.00 per share
Discount (Employee)
Market Lot Size
Fresh Issue Size10,00,00,000 shares0 shares
Fresh Issue Size (Amount)up to ₹230.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares56,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹221.20 Cr
Issue Size Total10,00,00,000 shares56,00,000 shares
Issue Size Total (Amount)up to ₹230.00 Crup to ₹221.20 Cr

IPO Timetable

Bank of Maharashtra IPO opens on Feb 25, 2004, while Dredging Corp.of India IPO opens on Feb 26, 2004. The closing date of Bank of Maharashtra IPO and Dredging Corp.of India IPO is Mar 04, 2004, and Mar 04, 2004, respectively.

Financials & KPIs

Bank of Maharashtra IPO P/E ratio is , as compared to Dredging Corp.of India IPO P/E ratio of .

 Bank of Maharashtra IPODredging Corp.of India IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 200331 Mar 200231 Mar 2001
Assets24,891.0421,583.4919,140.30
Total Income2,442.152,305.581,928.27
Profit After Tax222.02156.2746.47
Reserves and Surplus617.61480.24347.86
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 200331 Mar 200331 Mar 2002
Total Income251.80519.52501.53
Profit After Tax77.61157.4988.15
NET Worth735.47657.86531.96
Reserves and Surplus707.47629.86503.96
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10098.6
Promoter Shareholding (Post-Issue)76.77227578.6
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW25.2523.87

Shares Offered

In the Bank of Maharashtra IPO Retail Individual Investors (RII) are offered 4,50,00,000 shares while in Dredging Corp.of India IPO retail investors are offered 4,50,00,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Bank of Maharashtra IPO and 28,00,000 shares in Dredging Corp.of India IPO.

 Bank of Maharashtra IPODredging Corp.of India IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB0 shares28,00,000 shares
NII4,50,00,000 shares14,00,000 shares
RII4,50,00,000 shares14,00,000 shares
Employee1,00,00,000 shares0 shares
Others
Total10,00,00,000 shares56,00,000 shares

Bids Received (Subscription)

Bank of Maharashtra IPO subscribed in total, whereas Dredging Corp.of India IPO subscribed .

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Bank of Maharashtra IPO Vs Dredging Corp.of India IPO