Comparison between Indoco Remedies IPO and Spanco Telesystems Solutions IPO.
Indoco Remedies IPO is a Mainboard Fixed Price IPO proposed to list at BSE, NSE while Spanco Telesystems Solutions IPO is a Mainboard Fixed Price proposed to list at BSE.
The total issue size of Indoco Remedies IPO is up to ₹73.50 Cr whereas the issue size of the Spanco Telesystems Solutions IPO is up to ₹7.54 Cr. The final issue price of Indoco Remedies IPO is ₹245.00 per share and of Spanco Telesystems Solutions IPO is ₹25.00 per share.
| Indoco Remedies IPO | Spanco Telesystems Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹220.00 per share | |
| Issue Price (Upper) | ₹245.00 per share | |
| Issue Price (Final) | ₹245.00 per share | ₹25.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | ||
| Fresh Issue Size | 30,00,000 shares | 30,15,000 shares |
| Fresh Issue Size (Amount) | up to ₹73.50 Cr | up to ₹7.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 30,00,000 shares | 30,15,000 shares |
| Issue Size Total (Amount) | up to ₹73.50 Cr | up to ₹7.54 Cr |
Indoco Remedies IPO opens on Dec 17, 2004, while Spanco Telesystems Solutions IPO opens on Nov 01, 2004. The closing date of Indoco Remedies IPO and Spanco Telesystems Solutions IPO is Dec 23, 2004, and Nov 08, 2004, respectively.
| Indoco Remedies IPO | Spanco Telesystems Solutions IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 17, 2004 | Nov 01, 2004 |
| Issue Close | Dec 23, 2004 | Nov 08, 2004 |
| Basis Of Allotment (Tentative) | Jan 05, 2005 | Nov 25, 2004 |
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jan 14, 2005 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indoco Remedies IPO P/E ratio is 10.16, as compared to Spanco Telesystems Solutions IPO P/E ratio of 2.76.
| Indoco Remedies IPO | Spanco Telesystems Solutions IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 79.75 | 43.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 59.51 | 35.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.16 | 2.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹289.59 Cr. | ₹25.00 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹24.10 | ₹9.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 24.26% | 21.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Indoco Remedies IPO Retail Individual Investors (RII) are offered 7,50,000 shares while in Spanco Telesystems Solutions IPO retail investors are offered 7,50,000 shares. Qualified Institutional Buyers (QIB) are offered 15,00,000 shares in Indoco Remedies IPO and 0 shares in Spanco Telesystems Solutions IPO.
| Indoco Remedies IPO | Spanco Telesystems Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 15,00,000 shares | 0 shares |
| NII | 7,50,000 shares | 6,78,500 shares |
| RII | 7,50,000 shares | 6,78,500 shares |
| Employee | 0 shares | 3,01,500 shares |
| Others | ||
| Total | 30,00,000 shares | 30,15,000 shares |
Indoco Remedies IPO subscribed in total, whereas Spanco Telesystems Solutions IPO subscribed .
