Texmo IPO vs United Bank of India IPO

Comparision between Texmo IPO and United Bank of India IPO.

IPO Details

Texmo IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while United Bank of India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Texmo IPO	United Bank of India 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	Almondz Global Securities Limited	Edelweiss Financial Services Ltd Axis Capital Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker
DRHP	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 Texmo IPO is up to ₹45.00 Cr whereas the issue size of the United Bank of India IPO is up to ₹324.98 Cr. The final issue price of Texmo IPO is ₹90.00 per share and of United Bank of India IPO is ₹66.00 per share.

	Texmo IPO	United Bank of India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹85.00 per share	₹60.00 per share
Issue Price (Upper)	₹90.00 per share	₹66.00 per share
Issue Price (Final)	₹90.00 per share	₹66.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	75 shares	100 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,00,000 shares	5,00,00,000 shares
Issue Size Total (Amount)	up to ₹45.00 Cr	up to ₹324.98 Cr

IPO Timetable

Texmo IPO opens on Feb 16, 2010, while United Bank of India IPO opens on Feb 23, 2010. The closing date of Texmo IPO and United Bank of India IPO is Feb 19, 2010, and Feb 25, 2010, respectively.

	Texmo IPO	United Bank of India IPO
Anchor Bid Date
Issue Open	Feb 16, 2010	Feb 23, 2010
Issue Close	Feb 19, 2010	Feb 25, 2010
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

Texmo IPO P/E ratio is , as compared to United Bank of India IPO P/E ratio of .

Texmo IPO

United Bank of India IPO

Financial

Particulars	For the year/period ended (Rs. in Lakhs)
	30-Oct-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	4309.53	4702.76	5908.09	2047.96	2248.56
Profit After Tax (PAT)	336.38	432.92	426.38	40.66	58.34

Particulars	For the year/period ended (Rs.in Crore)
	30-Sep-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	2,775.63	4,802.73	4,022.80	3,172.77	2,796.99
Profit After Tax (PAT)	231.10	358.55	145.11	267.28	204.56

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Texmo IPO retail investors (RII) are offered 17,15,000 shares while in United Bank of India IPO retail investors are offered 17,15,000 shares. Qualified institutional buyers (QIB) are offered 24,50,000 shares in Texmo IPO and 2,85,00,000 shares in United Bank of India IPO.

	Texmo IPO	United Bank of India IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	24,50,000 shares	2,85,00,000 shares
NII	7,35,000 shares	47,50,000 shares
RII	17,15,000 shares	1,42,50,000 shares
Employee	1,00,000 shares	25,00,000 shares
Others
Total	50,00,000 shares	5,00,00,000 shares

Bids Received (Subscription)

Texmo IPO subscribed 7.48x in total, whereas United Bank of India IPO subscribed 33.38x.

	Texmo IPO	United Bank of India IPO
QIB (times)	1.02x	47.08x
NII (times)	30.50x	39.15x
Big NII (times)
Small NII (times)
RII (times)	7.26x	9.80x
Employee (times)	0.31x	0.53x
Other (times)
Total (times)	7.48x	33.38x

Compare with others

Texmo IPO	United Bank of India IPO
Pradip Overseas IPO	Persistent Systems IPO
DQ Entertainment IPO	ILFS Transportation IPO
NMDC FPO	Pradip Overseas IPO
United Bank of India IPO	DQ Entertainment IPO
Man Infraconstruction IPO	NMDC FPO
ARSS Infra IPO	Man Infraconstruction IPO
Hathway Cable IPO	Texmo IPO
DB Realty IPO	ARSS Infra IPO
REC FPO	Hathway Cable IPO
Emmbi Polyarns IPO	DB Realty IPO

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