Pennar Engineered IPO vs Syngene International IPO

Comparision between Pennar Engineered IPO and Syngene International IPO.

IPO Details

Pennar Engineered IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Syngene International IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Pennar Engineered IPO	Syngene International 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	Axis Bank Limited Karvy Investor Services Limited Motilal Oswal Investment Advisors Limited	Axis Bank Limited Credit Suisse Securities (India) Private Limited Jefferies India Private Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
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 Pennar Engineered IPO is up to ₹156.19 Cr whereas the issue size of the Syngene International IPO is up to ₹550.00 Cr. The final issue price of Pennar Engineered IPO is ₹178.00 per share and of Syngene International IPO is ₹250.00 per share.

	Pennar Engineered IPO	Syngene International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹170.00 per share	₹240.00 per share
Issue Price (Upper)	₹178.00 per share	₹250.00 per share
Issue Price (Final)	₹178.00 per share	₹250.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	80 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	87,74,567 shares	2,20,00,000 shares
Issue Size Total (Amount)	up to ₹156.19 Cr	up to ₹550.00 Cr

IPO Timetable

Pennar Engineered IPO opens on Aug 25, 2015, while Syngene International IPO opens on Jul 27, 2015. The closing date of Pennar Engineered IPO and Syngene International IPO is Aug 27, 2015, and Jul 29, 2015, respectively.

	Pennar Engineered IPO	Syngene International IPO
Anchor Bid Date
Issue Open	Aug 25, 2015	Jul 27, 2015
Issue Close	Aug 27, 2015	Jul 29, 2015
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Pennar Engineered IPO P/E ratio is , as compared to Syngene International IPO P/E ratio of .

Pennar Engineered IPO

Syngene International IPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	31 Mar 15	31 Mar 14	31 Mar 13	31 Mar 12
Total Income		3,697.47	2,909.61	2,489.13
Profit After Tax (PAT)		181.86	147.62	105.82

Particulars	For the year/period ended (in Rs. Million)
	31 Dec 14	31 Mar 14	31 Mar 13	31 Mar 12
Total Income	6,175	7,077	5,542	4,182
Profit After Tax (PAT)	1,194	1,348	1,021	710

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Pennar Engineered IPO retail investors (RII) are offered 31,24,767 shares while in Syngene International IPO retail investors are offered 31,24,767 shares. Qualified institutional buyers (QIB) are offered 18,31,583 shares in Pennar Engineered IPO and 40,00,000 shares in Syngene International IPO.

	Pennar Engineered IPO	Syngene International IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,31,583 shares	40,00,000 shares
NII	13,39,186 shares	30,00,000 shares
RII	31,24,767 shares	70,00,000 shares
Employee
Others
Total	62,95,536 shares	1,60,00,000 shares

Bids Received (Subscription)

Pennar Engineered IPO subscribed 1.15x in total, whereas Syngene International IPO subscribed 32.05x.

	Pennar Engineered IPO	Syngene International IPO
QIB (times)	2.20x	51.47x
NII (times)	1.44x	90.24x
Big NII (times)
Small NII (times)
RII (times)	0.41x	4.78x
Employee (times)
Other (times)		1.37x
Total (times)	1.15x	32.05x

Compare with others

Pennar Engineered IPO	Syngene International IPO
Cafe Coffee Day IPO	IndiGo IPO
Sadbhav Infra IPO	Prabhat Dairy IPO
Shree Pushkar Chemicals IPO	Pennar Engineered IPO
IndiGo IPO	Navkar Corporation IPO
Prabhat Dairy IPO	Power Mech Projects IPO
Navkar Corporation IPO	Manpasand Beverages IPO
Power Mech Projects IPO	PNC Infratech IPO
Syngene International IPO	UFO Moviez IPO
Manpasand Beverages IPO	MEP Infrastructure IPO
PNC Infratech IPO	VRL Logistics IPO

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