Comparison between GIC IPO and ICICI Lombard IPO.
GIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ICICI Lombard 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 ICICI Lombard IPO is up to ₹5,700.94 Cr. The final issue price of GIC IPO is ₹912.00 per share and of ICICI Lombard IPO is ₹661.00 per share.
| GIC IPO | ICICI Lombard IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹855.00 per share | ₹651.00 per share |
| Issue Price (Upper) | ₹912.00 per share | ₹661.00 per share |
| Issue Price (Final) | ₹912.00 per share | ₹661.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 16 shares | 22 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 | 8,62,47,187 shares |
| OFS Issue Size (Amount) | up to ₹9,704.16 Cr | up to ₹5,700.94 Cr |
| Issue Size Total | 12,47,00,000 shares | 8,62,47,187 shares |
| Issue Size Total (Amount) | up to ₹11,256.83 Cr | up to ₹5,700.94 Cr |
GIC IPO opens on Oct 11, 2017, while ICICI Lombard IPO opens on Sep 15, 2017. The closing date of GIC IPO and ICICI Lombard IPO is Oct 13, 2017, and Sep 19, 2017, respectively.
| GIC IPO | ICICI Lombard IPO | |
|---|---|---|
| Anchor Bid Date | Sep 14, 2017 | |
| Issue Open | Oct 11, 2017 | Sep 15, 2017 |
| Issue Close | Oct 13, 2017 | Sep 19, 2017 |
| Basis Of Allotment (Tentative) | Oct 18, 2017 | Sep 22, 2017 |
| Initiation of Refunds (Tentative) | Oct 23, 2017 | Sep 25, 2017 |
| Credit of Share (Tentative) | Oct 24, 2017 | Sep 26, 2017 |
| Listing date (Tentative) | Oct 25, 2017 | Sep 27, 2017 |
| Anchor Lockin End date 1 | Oct 22, 2017 | |
| Anchor Lockin End date 2 | Dec 21, 2017 |
GIC IPO P/E ratio is , as compared to ICICI Lombard IPO P/E ratio of .
| GIC IPO | ICICI Lombard IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80000.64 Cr. | ₹30005.98 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GIC IPO Retail Individual Investors (RII) are offered 4,35,97,850 shares while in ICICI Lombard 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 1,63,86,966 shares in ICICI Lombard IPO.
| GIC IPO | ICICI Lombard IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,45,80,447 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 6,22,82,640 shares | 1,63,86,966 shares |
| NII | 1,86,84,793 shares | 1,22,90,225 shares |
| RII | 4,35,97,850 shares | 2,86,77,190 shares |
| Employee | 1,34,717 shares | 0 shares |
| Others | ||
| Total | 12,47,00,000 shares | 8,62,47,187 shares |
GIC IPO subscribed 1.38x in total, whereas ICICI Lombard IPO subscribed 2.98x.
| GIC IPO | ICICI Lombard IPO | |
|---|---|---|
| QIB (times) | 2.25x | 8.17x |
| NII (times) | 0.22x | 0.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.63x | 1.23x |
| Employee (times) | 0.94x | |
| Other (times) | 0.99x | |
| Total (times) | 1.38x | 2.98x |
