Comparison between CMC IPO and Dredging Corp.of India IPO.
CMC 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.
The total issue size of CMC IPO is up to ₹190.44 Cr whereas the issue size of the Dredging Corp.of India IPO is up to ₹221.20 Cr. The final issue price of CMC IPO is ₹485.00 per share and of Dredging Corp.of India IPO is ₹400.00 per share.
| CMC IPO | Dredging Corp.of India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹485.00 per share | ₹385.00 per share |
| Issue Price (Upper) | ₹485.00 per share | ₹400.00 per share |
| Issue Price (Final) | ₹485.00 per share | ₹400.00 per share |
| Discount (Retail) | ₹24.25 per share | ₹20.00 per share |
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 39,76,374 shares | 56,00,000 shares |
| OFS Issue Size (Amount) | up to ₹190.44 Cr | up to ₹221.20 Cr |
| Issue Size Total | 39,76,374 shares | 56,00,000 shares |
| Issue Size Total (Amount) | up to ₹190.44 Cr | up to ₹221.20 Cr |
CMC IPO opens on Feb 23, 2004, while Dredging Corp.of India IPO opens on Feb 26, 2004. The closing date of CMC IPO and Dredging Corp.of India IPO is Feb 28, 2004, and Mar 04, 2004, respectively.
| CMC IPO | Dredging Corp.of India IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 23, 2004 | Feb 26, 2004 |
| Issue Close | Feb 28, 2004 | Mar 04, 2004 |
| Basis Of Allotment (Tentative) | Mar 15, 2004 | Mar 19, 2004 |
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | ||
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
CMC IPO P/E ratio is 19.83, as compared to Dredging Corp.of India IPO P/E ratio of .
| CMC IPO | Dredging Corp.of India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 51.32 | 98.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 51.32 | 78.6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹734.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹24.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.26 | 23.87 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the CMC IPO Retail Individual Investors (RII) are offered 9,94,094 shares while in Dredging Corp.of India IPO retail investors are offered 9,94,094 shares. Qualified Institutional Buyers (QIB) are offered 19,88,186 shares in CMC IPO and 28,00,000 shares in Dredging Corp.of India IPO.
| CMC IPO | Dredging Corp.of India IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 19,88,186 shares | 28,00,000 shares |
| NII | 9,94,094 shares | 14,00,000 shares |
| RII | 9,94,094 shares | 14,00,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 39,76,374 shares | 56,00,000 shares |
CMC IPO subscribed in total, whereas Dredging Corp.of India IPO subscribed .