Comparison between Bank of Maharashtra IPO and Dredging Corp.of India IPO.
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.
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 IPO | Dredging 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 Size | 10,00,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹230.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 56,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹221.20 Cr |
| Issue Size Total | 10,00,00,000 shares | 56,00,000 shares |
| Issue Size Total (Amount) | up to ₹230.00 Cr | up to ₹221.20 Cr |
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.
| Bank of Maharashtra IPO | Dredging Corp.of India IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 25, 2004 | Feb 26, 2004 |
| Issue Close | Mar 04, 2004 | Mar 04, 2004 |
| Basis Of Allotment (Tentative) | Mar 31, 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 |
Bank of Maharashtra IPO P/E ratio is , as compared to Dredging Corp.of India IPO P/E ratio of .
| Bank of Maharashtra IPO | Dredging Corp.of India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 98.6 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 76.772275 | 78.6 | ||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 25.25 | 23.87 | ||||||||||||||||||||||||||||||||||||||||||||||||
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 IPO | Dredging Corp.of India IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 0 shares | 28,00,000 shares |
| NII | 4,50,00,000 shares | 14,00,000 shares |
| RII | 4,50,00,000 shares | 14,00,000 shares |
| Employee | 1,00,00,000 shares | 0 shares |
| Others | ||
| Total | 10,00,00,000 shares | 56,00,000 shares |
Bank of Maharashtra IPO subscribed in total, whereas Dredging Corp.of India IPO subscribed .