Comparison between Astron Paper IPO and Reliance Nippon Life IPO.
Astron Paper IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Reliance Nippon Life IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Astron Paper IPO is up to ₹69.83 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Astron Paper IPO is ₹50.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| Astron Paper IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹45.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹50.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹50.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹2.50 per share | |
| Market Lot Size | 280 shares | 59 shares |
| Fresh Issue Size | 1,40,00,000 shares | 2,44,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹69.83 Cr | up to ₹616.90 Cr |
| OFS Issue Size | 0 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹925.34 Cr |
| Issue Size Total | 1,40,00,000 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹69.83 Cr | up to ₹1,542.24 Cr |
Astron Paper IPO opens on Dec 15, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Astron Paper IPO and Reliance Nippon Life IPO is Dec 20, 2017, and Oct 27, 2017, respectively.
| Astron Paper IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Oct 24, 2017 | |
| Issue Open | Dec 15, 2017 | Oct 25, 2017 |
| Issue Close | Dec 20, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Dec 26, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Dec 27, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Dec 28, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Dec 29, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Dec 01, 2017 | |
| Anchor Lockin End date 2 | Jan 30, 2018 |
Astron Paper IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| Astron Paper IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹232.50 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Astron Paper IPO Retail Individual Investors (RII) are offered 46,55,000 shares while in Reliance Nippon Life IPO retail investors are offered 46,55,000 shares. Qualified Institutional Buyers (QIB) are offered 13,30,000 shares in Astron Paper IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| Astron Paper IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,83,60,000 shares | |
| Market Maker Reservation | ||
| QIB | 13,30,000 shares | 1,22,40,000 shares |
| NII | 73,15,000 shares | 91,80,000 shares |
| RII | 46,55,000 shares | 2,14,20,000 shares |
| Employee | 7,00,000 shares | |
| Others | ||
| Total | 1,40,00,000 shares | 6,12,00,000 shares |
Astron Paper IPO subscribed 241.76x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| Astron Paper IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 103.35x | 118.40x |
| NII (times) | 396.99x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 73.32x | 5.65x |
| Employee (times) | 2.69x | |
| Other (times) | ||
| Total (times) | 241.76x | 81.54x |
