Comparison between GIC IPO and HDFC Standard Life IPO.
GIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while HDFC Standard Life 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 HDFC Standard Life IPO is up to ₹8,695.01 Cr. The final issue price of GIC IPO is ₹912.00 per share and of HDFC Standard Life IPO is ₹290.00 per share.
| GIC IPO | HDFC Standard Life IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹855.00 per share | ₹275.00 per share |
| Issue Price (Upper) | ₹912.00 per share | ₹290.00 per share |
| Issue Price (Final) | ₹912.00 per share | ₹290.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | ₹0.00 per share |
| Market Lot Size | 16 shares | 50 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 | 29,98,27,818 shares |
| OFS Issue Size (Amount) | up to ₹9,704.16 Cr | up to ₹8,695.01 Cr |
| Issue Size Total | 12,47,00,000 shares | 29,98,27,818 shares |
| Issue Size Total (Amount) | up to ₹11,256.83 Cr | up to ₹8,695.01 Cr |
GIC IPO opens on Oct 11, 2017, while HDFC Standard Life IPO opens on Nov 07, 2017. The closing date of GIC IPO and HDFC Standard Life IPO is Oct 13, 2017, and Nov 09, 2017, respectively.
| GIC IPO | HDFC Standard Life IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2017 | |
| Issue Open | Oct 11, 2017 | Nov 07, 2017 |
| Issue Close | Oct 13, 2017 | Nov 09, 2017 |
| Basis Of Allotment (Tentative) | Oct 18, 2017 | Nov 14, 2017 |
| Initiation of Refunds (Tentative) | Oct 23, 2017 | Nov 15, 2017 |
| Credit of Share (Tentative) | Oct 24, 2017 | Nov 16, 2017 |
| Listing date (Tentative) | Oct 25, 2017 | Nov 17, 2017 |
| Anchor Lockin End date 1 | Dec 14, 2017 | |
| Anchor Lockin End date 2 | Feb 12, 2018 |
GIC IPO P/E ratio is , as compared to HDFC Standard Life IPO P/E ratio of .
| GIC IPO | HDFC Standard Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80000.64 Cr. | ₹58260.22 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GIC IPO Retail Individual Investors (RII) are offered 4,35,97,850 shares while in HDFC Standard Life 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 5,33,79,158 shares in HDFC Standard Life IPO.
| GIC IPO | HDFC Standard Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,00,68,600 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 6,22,82,640 shares | 5,33,79,158 shares |
| NII | 1,86,84,793 shares | 4,00,34,328 shares |
| RII | 4,35,97,850 shares | 9,34,13,431 shares |
| Employee | 1,34,717 shares | 29,49,520 shares |
| Others | ||
| Total | 12,47,00,000 shares | 29,98,27,818 shares |
GIC IPO subscribed 1.38x in total, whereas HDFC Standard Life IPO subscribed 4.89x.
| GIC IPO | HDFC Standard Life IPO | |
|---|---|---|
| QIB (times) | 2.25x | 16.60x |
| NII (times) | 0.22x | 2.29x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.63x | 0.91x |
| Employee (times) | 0.94x | 1.22x |
| Other (times) | ||
| Total (times) | 1.38x | 4.89x |
