Polycab India IPO - Schedule (Pg #583 of RHP)
02nd April - Price Band to be Announced
04th April - Anchor List
05th April - Offer Opens
09th April - Offer Closes
12th April - Finalisation of Basis of Allotment
15th April - Unblocking of ASBA
16th April - Credit to Demat Accounts
18th April - Listing on NSE & BSE
Polycab India IPO - Issue Information *(FINAL)*
Issue Opens on: 05 April 2019
Issue Closes on: 09 April 2019
Issue Type: Book Built Issue IPO
Issue Size: 2,50,16,944 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.533 - Rs.538 per Equity Share (Rs.53 discount to Employees)
Market Lot: 27 shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 14,12,05,838 Equity Shares
Fresh Issue of 74,34,944 Equity Shares @538 = Rs.400.00 Crores
Offer for Sale of 17,582,000 Equity Shares @538 = Rs.945 Crores
Equity Shares outstanding after the Issue = 14,86,40,782 Equity Shares
Category-wise Break up:.
Anchor - 74,52,583 Shares = 400.95Crs
QIB - 49,68,389 Shares = 267.30Crs
NII - 37,26,292 Shares = 200.47Crs
RII - 86,94,680 Shares = 467.77Crs (Lot size: 27 = 3,22,025 Forms)
Empl. - 1,75,000 Shares = 08.49Crs
Total Issue - 2,50,16,944 Equity Shares = 1,344.98Crs.
Subscription required for 1X
RII = 3,22,025 Forms
NII = 200.47Crs
Interest cost @6.0%p.a. for 7days = 61.91paise for 1X
Polycab India IPO - Financial Information (Basis of Valuation)
EPS for FY15-16 >>> Rs.13.09 (Page #129 of RHP)
EPS for FY16-17 >>> Rs.16.48 (Page #129 of RHP)
EPS for FY17-18 >>> Rs.26.23 (Page #129 of RHP)
EPS for 9M18-19 >>> Rs.25.31 (Page #129 of RHP)
RoNW for FY15-16 >>> 10.37% (Page #130 of RHP)
RoNW for FY16-17 >>> 11.67% (Page #130 of RHP)
RoNW for FY17-18 >>> 15.76% (Page #130 of RHP)
RoNW for 9M18-19 >>> 13.16% (Page #130 of RHP)
NAV as on March 31, 2018 was Rs.166.39 (Page #131 of RHP)
NAV as on December 31, 2018 was Rs.192.36 (Page #131 of RHP)
Listed Industry Peer Group (Page #131&132 of RHP):
Havells India
Bajaj Electricals
Crompton Greaves Consumer Electricals
KEI Industries
V-Guard Industries