Comparison between Mindspace Business REIT and Prince Pipes IPO.
Mindspace Business REIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prince Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Mindspace Business REIT is up to ₹4,500.00 Cr whereas the issue size of the Prince Pipes IPO is up to ₹500.00 Cr. The final issue price of Mindspace Business REIT is ₹275.00 per share and of Prince Pipes IPO is ₹178.00 per share.
| Mindspace Business REIT | Prince Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | |
| Issue Price (Lower) | ₹274.00 per share | ₹177.00 per share |
| Issue Price (Upper) | ₹275.00 per share | ₹178.00 per share |
| Issue Price (Final) | ₹275.00 per share | ₹178.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 200 shares | 84 shares |
| Fresh Issue Size | 3,63,63,600 shares | 1,40,44,943 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.00 Cr | up to ₹250.00 Cr |
| OFS Issue Size | 12,72,72,600 shares | 1,40,44,942 shares |
| OFS Issue Size (Amount) | up to ₹3,500.00 Cr | up to ₹250.00 Cr |
| Issue Size Total | 16,36,36,200 shares | 2,80,89,885 shares |
| Issue Size Total (Amount) | up to ₹4,500.00 Cr | up to ₹500.00 Cr |
Mindspace Business REIT opens on Jul 27, 2020, while Prince Pipes IPO opens on Dec 18, 2019. The closing date of Mindspace Business REIT and Prince Pipes IPO is Jul 29, 2020, and Dec 20, 2019, respectively.
| Mindspace Business REIT | Prince Pipes IPO | |
|---|---|---|
| Anchor Bid Date | Dec 17, 2019 | |
| Issue Open | Jul 27, 2020 | Dec 18, 2019 |
| Issue Close | Jul 29, 2020 | Dec 20, 2019 |
| Basis Of Allotment (Tentative) | Aug 06, 2020 | Dec 26, 2019 |
| Initiation of Refunds (Tentative) | Aug 07, 2020 | Dec 27, 2019 |
| Credit of Share (Tentative) | Aug 07, 2020 | Dec 30, 2019 |
| Listing date (Tentative) | Aug 07, 2020 | Dec 30, 2019 |
| Anchor Lockin End date 1 | Sep 05, 2020 | Jan 25, 2020 |
| Anchor Lockin End date 2 | Nov 04, 2020 | Mar 25, 2020 |
Mindspace Business REIT P/E ratio is , as compared to Prince Pipes IPO P/E ratio of 18.35.
| Mindspace Business REIT | Prince Pipes IPO | |
|---|---|---|
| Financials | ||
| Promoter Shareholding (Pre-Issue) | 90.06 | |
| Promoter Shareholding (Post-Issue) | 65.80 | |
| P/E Ratio | 18.35 | |
| Market Cap | ₹23675.00 Cr. | ₹1958.46 Cr. |
| ROE | ||
| ROCE | ||
| Debt/Equity | ||
| EPS | ||
| RoNW |
In the Mindspace Business REIT Retail Individual Investors (RII) are offered 0 shares while in Prince Pipes IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 3,68,18,200 shares in Mindspace Business REIT and 56,17,977 shares in Prince Pipes IPO.
| Mindspace Business REIT | Prince Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,52,27,200 shares | 84,26,965 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 3,68,18,200 shares | 56,17,977 shares |
| NII | 3,06,81,800 shares | 42,13,483 shares |
| RII | 0 shares | 98,31,460 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 16,36,36,200 shares | 2,80,89,885 shares |
Mindspace Business REIT subscribed 5.36x in total, whereas Prince Pipes IPO subscribed 1.56x.
| Mindspace Business REIT | Prince Pipes IPO | |
|---|---|---|
| QIB (times) | 10.65x | 3.56x |
| NII (times) | 15.57x | 1.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.90x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 5.36x | 1.56x |
