Comparison between GIC IPO and Indian Energy Exchange IPO.
GIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indian Energy Exchange IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GIC IPO is up to ₹11,256.83 Cr whereas the issue size of the Indian Energy Exchange IPO is up to ₹1,000.73 Cr. The final issue price of GIC IPO is ₹912.00 per share and of Indian Energy Exchange IPO is ₹1,650.00 per share.
| GIC IPO | Indian Energy Exchange IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹855.00 per share | ₹1,645.00 per share |
| Issue Price (Upper) | ₹912.00 per share | ₹1,650.00 per share |
| Issue Price (Final) | ₹912.00 per share | ₹1,650.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 16 shares | 9 shares |
| Fresh Issue Size | 1,72,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹1,552.67 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 10,75,00,000 shares | 60,65,009 shares |
| OFS Issue Size (Amount) | up to ₹9,704.16 Cr | up to ₹1,000.73 Cr |
| Issue Size Total | 12,47,00,000 shares | 60,65,009 shares |
| Issue Size Total (Amount) | up to ₹11,256.83 Cr | up to ₹1,000.73 Cr |
GIC IPO opens on Oct 11, 2017, while Indian Energy Exchange IPO opens on Oct 09, 2017. The closing date of GIC IPO and Indian Energy Exchange IPO is Oct 13, 2017, and Oct 11, 2017, respectively.
| GIC IPO | Indian Energy Exchange IPO | |
|---|---|---|
| Anchor Bid Date | Oct 06, 2017 | |
| Issue Open | Oct 11, 2017 | Oct 09, 2017 |
| Issue Close | Oct 13, 2017 | Oct 11, 2017 |
| Basis Of Allotment (Tentative) | Oct 18, 2017 | |
| Initiation of Refunds (Tentative) | Oct 23, 2017 | |
| Credit of Share (Tentative) | Oct 24, 2017 | |
| Listing date (Tentative) | Oct 25, 2017 | Oct 23, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
GIC IPO P/E ratio is , as compared to Indian Energy Exchange IPO P/E ratio of .
| GIC IPO | Indian Energy Exchange IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80000.64 Cr. | ₹5004.22 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GIC IPO Retail Individual Investors (RII) are offered 4,35,97,850 shares while in Indian Energy Exchange IPO retail investors are offered 4,35,97,850 shares. Qualified Institutional Buyers (QIB) are offered 6,22,82,640 shares in GIC IPO and 12,13,002 shares in Indian Energy Exchange IPO.
| GIC IPO | Indian Energy Exchange IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,19,501 shares | |
| Market Maker Reservation | ||
| QIB | 6,22,82,640 shares | 12,13,002 shares |
| NII | 1,86,84,793 shares | 9,09,752 shares |
| RII | 4,35,97,850 shares | 21,22,754 shares |
| Employee | 1,34,717 shares | |
| Others | ||
| Total | 12,47,00,000 shares | 60,65,009 shares |
GIC IPO subscribed 1.38x in total, whereas Indian Energy Exchange IPO subscribed 2.22x.
| GIC IPO | Indian Energy Exchange IPO | |
|---|---|---|
| QIB (times) | 2.25x | 2.56x |
| NII (times) | 0.22x | 0.85x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.63x | 2.61x |
| Employee (times) | 0.94x | |
| Other (times) | ||
| Total (times) | 1.38x | 2.22x |
