Comparison between Godrej Agrovet IPO and Reliance Nippon Life IPO.
Godrej Agrovet 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 Godrej Agrovet IPO is up to ₹1,157.31 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Godrej Agrovet IPO is ₹460.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| Godrej Agrovet IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹450.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹460.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹460.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 32 shares | 59 shares |
| Fresh Issue Size | 63,37,225 shares | 2,44,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹291.51 Cr | up to ₹616.90 Cr |
| OFS Issue Size | 1,88,21,739 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹865.80 Cr | up to ₹925.34 Cr |
| Issue Size Total | 2,51,58,964 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,157.31 Cr | up to ₹1,542.24 Cr |
Godrej Agrovet IPO opens on Oct 04, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Godrej Agrovet IPO and Reliance Nippon Life IPO is Oct 06, 2017, and Oct 27, 2017, respectively.
| Godrej Agrovet IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Oct 03, 2017 | Oct 24, 2017 |
| Issue Open | Oct 04, 2017 | Oct 25, 2017 |
| Issue Close | Oct 06, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Oct 12, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Oct 13, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Oct 13, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Oct 16, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Nov 11, 2017 | Dec 01, 2017 |
| Anchor Lockin End date 2 | Jan 10, 2018 | Jan 30, 2018 |
Godrej Agrovet IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| Godrej Agrovet IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹8833.32 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Godrej Agrovet IPO Retail Individual Investors (RII) are offered 86,53,464 shares while in Reliance Nippon Life IPO retail investors are offered 86,53,464 shares. Qualified Institutional Buyers (QIB) are offered 49,44,836 shares in Godrej Agrovet IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| Godrej Agrovet IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 74,17,254 shares | 1,83,60,000 shares |
| Market Maker Reservation | ||
| QIB | 49,44,836 shares | 1,22,40,000 shares |
| NII | 37,08,628 shares | 91,80,000 shares |
| RII | 86,53,464 shares | 2,14,20,000 shares |
| Employee | 4,34,782 shares | |
| Others | ||
| Total | 2,51,58,964 shares | 6,12,00,000 shares |
Godrej Agrovet IPO subscribed 95.16x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| Godrej Agrovet IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 150.96x | 118.40x |
| NII (times) | 236.04x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.16x | 5.65x |
| Employee (times) | 0.81x | |
| Other (times) | ||
| Total (times) | 95.16x | 81.54x |
