Comparison between HDFC Standard Life IPO and Reliance Nippon Life IPO.
HDFC Standard Life 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 HDFC Standard Life IPO is up to ₹8,695.01 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of HDFC Standard Life IPO is ₹290.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| HDFC Standard Life IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹290.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹290.00 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 | 50 shares | 59 shares |
| Fresh Issue Size | 0 shares | 2,44,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹616.90 Cr |
| OFS Issue Size | 29,98,27,818 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹8,695.01 Cr | up to ₹925.34 Cr |
| Issue Size Total | 29,98,27,818 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹8,695.01 Cr | up to ₹1,542.24 Cr |
HDFC Standard Life IPO opens on Nov 07, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of HDFC Standard Life IPO and Reliance Nippon Life IPO is Nov 09, 2017, and Oct 27, 2017, respectively.
| HDFC Standard Life IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2017 | Oct 24, 2017 |
| Issue Open | Nov 07, 2017 | Oct 25, 2017 |
| Issue Close | Nov 09, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Nov 14, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Nov 15, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Nov 16, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Nov 17, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Dec 14, 2017 | Dec 01, 2017 |
| Anchor Lockin End date 2 | Feb 12, 2018 | Jan 30, 2018 |
HDFC Standard Life IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| HDFC Standard Life IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹58260.22 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the HDFC Standard Life IPO Retail Individual Investors (RII) are offered 9,34,13,431 shares while in Reliance Nippon Life IPO retail investors are offered 9,34,13,431 shares. Qualified Institutional Buyers (QIB) are offered 5,33,79,158 shares in HDFC Standard Life IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| HDFC Standard Life IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,00,68,600 shares | 1,83,60,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 5,33,79,158 shares | 1,22,40,000 shares |
| NII | 4,00,34,328 shares | 91,80,000 shares |
| RII | 9,34,13,431 shares | 2,14,20,000 shares |
| Employee | 29,49,520 shares | |
| Others | ||
| Total | 29,98,27,818 shares | 6,12,00,000 shares |
HDFC Standard Life IPO subscribed 4.89x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| HDFC Standard Life IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 16.60x | 118.40x |
| NII (times) | 2.29x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.91x | 5.65x |
| Employee (times) | 1.22x | |
| Other (times) | ||
| Total (times) | 4.89x | 81.54x |
