Bharat Road Network IPO vs Cochin Shipyard IPO

Comparision between Bharat Road Network IPO and Cochin Shipyard IPO.

IPO Details

Bharat Road Network IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Cochin Shipyard IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharat Road Network IPO	Cochin Shipyard 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	Investec Capital Services (India) Pvt Ltd Iti Capital Ltd	Edelweiss Financial Services Ltd Jm Financial Limited SBI Capital Markets 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 Bharat Road Network IPO is up to ₹600.65 Cr whereas the issue size of the Cochin Shipyard IPO is up to ₹1,442.01 Cr. The final issue price of Bharat Road Network IPO is ₹205.00 per share and of Cochin Shipyard IPO is ₹432.00 per share.

	Bharat Road Network IPO	Cochin Shipyard IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹195.00 per share	₹424.00 per share
Issue Price (Upper)	₹205.00 per share	₹432.00 per share
Issue Price (Final)	₹205.00 per share	₹432.00 per share
Discount (Retail)		₹21.00 per share
Discount (Employee)		₹21.00 per share
Market Lot Size	73 shares	30 shares
Fresh Issue Size		2,26,56,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		1,13,28,000 shares
OFS Issue Size (Amount)
Issue Size Total	2,93,00,000 shares	3,39,84,000 shares
Issue Size Total (Amount)	up to ₹600.65 Cr	up to ₹1,442.01 Cr

IPO Timetable

Bharat Road Network IPO opens on Sep 06, 2017, while Cochin Shipyard IPO opens on Aug 01, 2017. The closing date of Bharat Road Network IPO and Cochin Shipyard IPO is Sep 08, 2017, and Aug 03, 2017, respectively.

	Bharat Road Network IPO	Cochin Shipyard IPO
Anchor Bid Date
Issue Open	Sep 06, 2017	Aug 01, 2017
Issue Close	Sep 08, 2017	Aug 03, 2017
Basis Of Allotment (Tentative)	Sep 13, 2017	Aug 08, 2017
Initiation of Refunds (Tentative)	Sep 14, 2017	Aug 09, 2017
Credit of Share (Tentative)	Sep 14, 2017	Aug 10, 2017
Listing date (Tentative)	Sep 18, 2017	Aug 11, 2017
Anchor Lockin End date 1	Oct 13, 2017	Sep 07, 2017
Anchor Lockin End date 2	Dec 12, 2017	Nov 06, 2017

Financials

Bharat Road Network IPO P/E ratio is , as compared to Cochin Shipyard IPO P/E ratio of .

Bharat Road Network IPO

Cochin Shipyard IPO

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	12,323.91	8,368.03	6,289.65	5,159.45	3,277.50
Total Revenue	149.28	42.52	414.88	96.40	30.59
Profit After Tax	(738.85)	(925.44)	(264.22)	(607.61)	(168.77)

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	33,164.37	33,488.61	28,912.85
Total Revenue	22,085.01	20,968.81	16,604.52
Profit After Tax	3,121.82	2,917.52	692.82

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bharat Road Network IPO retail investors (RII) are offered 29,30,000 shares while in Cochin Shipyard IPO retail investors are offered 29,30,000 shares. Qualified institutional buyers (QIB) are offered 2,19,75,000 shares in Bharat Road Network IPO and 1,65,80,000 shares in Cochin Shipyard IPO.

	Bharat Road Network IPO	Cochin Shipyard IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	2,19,75,000 shares	1,65,80,000 shares
NII	43,95,000 shares	49,74,000 shares
RII	29,30,000 shares	1,16,06,000 shares
Employee		8,24,000 shares
Others
Total	2,93,00,000 shares	3,39,84,000 shares

Bids Received (Subscription)

Bharat Road Network IPO subscribed 1.81x in total, whereas Cochin Shipyard IPO subscribed 76.19x.

	Bharat Road Network IPO	Cochin Shipyard IPO
QIB (times)	1.33x	63.51x
NII (times)	1.63x	288.87x
Big NII (times)
Small NII (times)
RII (times)	5.69x	8.51x
Employee (times)		0.48x
Other (times)
Total (times)	1.81x	76.19x

Compare with others

Bharat Road Network IPO	Cochin Shipyard IPO
SBI Life Insurance IPO	Prataap Snacks
Capacite Infra IPO	Dixon IPO
Matrimony IPO	Bharat Road Network IPO
Prataap Snacks	Apex Frozen Foods IPO
Dixon IPO	SiS IPO
Apex Frozen Foods IPO	Salasar Techno IPO
SiS IPO	Au Financiers IPO
Cochin Shipyard IPO	GTPL Hathway IPO
Salasar Techno IPO	Eris Lifesciences IPO
Au Financiers IPO	Tejas Networks IPO

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