Comparison between Ethos IPO and LIC IPO.
Ethos IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while LIC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Ethos IPO is up to ₹402.26 Cr whereas the issue size of the LIC IPO is up to ₹20,557.23 Cr. The final issue price of Ethos IPO is ₹878.00 per share and of LIC IPO is ₹949.00 per share.
| Ethos IPO | LIC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹836.00 per share | ₹902.00 per share |
| Issue Price (Upper) | ₹878.00 per share | ₹949.00 per share |
| Issue Price (Final) | ₹878.00 per share | ₹949.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹45.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 17 shares | 15 shares |
| Fresh Issue Size | 42,71,070 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹375.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,10,430 shares | 22,13,74,920 shares |
| OFS Issue Size (Amount) | up to ₹27.26 Cr | up to ₹20,557.23 Cr |
| Issue Size Total | 45,81,500 shares | 22,13,74,920 shares |
| Issue Size Total (Amount) | up to ₹402.26 Cr | up to ₹20,557.23 Cr |
Ethos IPO opens on May 18, 2022, while LIC IPO opens on May 04, 2022. The closing date of Ethos IPO and LIC IPO is May 20, 2022, and May 09, 2022, respectively.
| Ethos IPO | LIC IPO | |
|---|---|---|
| Anchor Bid Date | May 17, 2022 | May 03, 2022 |
| Issue Open | May 18, 2022 | May 04, 2022 |
| Issue Close | May 20, 2022 | May 09, 2022 |
| Basis Of Allotment (Tentative) | May 25, 2022 | May 12, 2022 |
| Initiation of Refunds (Tentative) | May 26, 2022 | May 13, 2022 |
| Credit of Share (Tentative) | May 27, 2022 | May 16, 2022 |
| Listing date (Tentative) | May 30, 2022 | May 17, 2022 |
| Anchor Lockin End date 1 | Jun 24, 2022 | Jun 11, 2022 |
| Anchor Lockin End date 2 | Aug 23, 2022 | Aug 10, 2022 |
Ethos IPO P/E ratio is 96, as compared to LIC IPO P/E ratio of 201.91.
| Ethos IPO | LIC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 81.01 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 61.65 | 96.50 | ||||
| P/E Ratio | 96 | 201.91 | ||||
| Market Cap | ₹2050.06 Cr. | ₹600242.28 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 0.78 | |||||
| EPS | ₹3.18 | ₹4.70 | ||||
| RoNW | 3.72 | 45.65 |
In the Ethos IPO Retail Individual Investors (RII) are offered 16,03,525 shares while in LIC IPO retail investors are offered 16,03,525 shares. Qualified Institutional Buyers (QIB) are offered 6,77,025 shares in Ethos IPO and 3,95,31,236 shares in LIC IPO.
| Ethos IPO | LIC IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,13,725 shares | 5,92,96,853 shares |
| Market Maker Reservation | ||
| QIB | 6,77,025 shares | 3,95,31,236 shares |
| NII | 6,87,225 shares | 2,96,48,427 shares |
| RII | 16,03,525 shares | 6,91,79,663 shares |
| Employee | 15,81,249 shares | |
| Others | ||
| Total | 45,81,500 shares | 22,13,74,920 shares |
Ethos IPO subscribed 1.04x in total, whereas LIC IPO subscribed 2.95x.
| Ethos IPO | LIC IPO | |
|---|---|---|
| QIB (times) | 1.06x | 2.83x |
| NII (times) | 1.48x | 2.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.84x | 1.99x |
| Employee (times) | 4.40x | |
| Other (times) | 6.12x | |
| Total (times) | 1.04x | 2.95x |
