CMC IPO vs Dredging Corp.of India IPO

Comparison between CMC IPO and Dredging Corp.of India IPO.

IPO Details

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.

Issue Size and Price

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 IPODredging 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 Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size39,76,374 shares56,00,000 shares
OFS Issue Size (Amount)up to ₹190.44 Crup to ₹221.20 Cr
Issue Size Total39,76,374 shares56,00,000 shares
Issue Size Total (Amount)up to ₹190.44 Crup to ₹221.20 Cr

IPO Timetable

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.

Financials & KPIs

CMC IPO P/E ratio is 19.83, as compared to Dredging Corp.of India IPO P/E ratio of .

 CMC IPODredging Corp.of India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 200331 Mar 200331 Mar 200231 Mar 2001
Assets499.09468.87367.25363.40
Total Income544.93614.73560.08552.61
Profit After Tax27.4537.0530.2623.97
NET Worth149.60122.4392.7868.55
Reserves and Surplus134.45107.2877.6353.40
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)51.3298.6
Promoter Shareholding (Post-Issue)51.3278.6
P/E Ratio19.83
Market Cap₹734.77 Cr.
ROE
ROCE
Debt/Equity
EPS₹24.46
RoNW30.2623.87

Shares Offered

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 IPODredging Corp.of India IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB19,88,186 shares28,00,000 shares
NII9,94,094 shares14,00,000 shares
RII9,94,094 shares14,00,000 shares
Employee0 shares0 shares
Others
Total39,76,374 shares56,00,000 shares

Bids Received (Subscription)

CMC IPO subscribed in total, whereas Dredging Corp.of India IPO subscribed .

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CMC IPO Vs Dredging Corp.of India IPO