Comparison between ICICI Lombard IPO and Reliance Nippon Life IPO.
ICICI Lombard 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 ICICI Lombard IPO is up to ₹5,700.94 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of ICICI Lombard IPO is ₹661.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| ICICI Lombard IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹651.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹661.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹661.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 22 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 | 8,62,47,187 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹5,700.94 Cr | up to ₹925.34 Cr |
| Issue Size Total | 8,62,47,187 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹5,700.94 Cr | up to ₹1,542.24 Cr |
ICICI Lombard IPO opens on Sep 15, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of ICICI Lombard IPO and Reliance Nippon Life IPO is Sep 19, 2017, and Oct 27, 2017, respectively.
| ICICI Lombard IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Sep 14, 2017 | Oct 24, 2017 |
| Issue Open | Sep 15, 2017 | Oct 25, 2017 |
| Issue Close | Sep 19, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Sep 22, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Sep 25, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Sep 26, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Sep 27, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Oct 22, 2017 | Dec 01, 2017 |
| Anchor Lockin End date 2 | Dec 21, 2017 | Jan 30, 2018 |
ICICI Lombard IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| ICICI Lombard IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹30005.98 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the ICICI Lombard IPO Retail Individual Investors (RII) are offered 2,86,77,190 shares while in Reliance Nippon Life IPO retail investors are offered 2,86,77,190 shares. Qualified Institutional Buyers (QIB) are offered 1,63,86,966 shares in ICICI Lombard IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| ICICI Lombard IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,45,80,447 shares | 1,83,60,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 1,63,86,966 shares | 1,22,40,000 shares |
| NII | 1,22,90,225 shares | 91,80,000 shares |
| RII | 2,86,77,190 shares | 2,14,20,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 8,62,47,187 shares | 6,12,00,000 shares |
ICICI Lombard IPO subscribed 2.98x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| ICICI Lombard IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 8.17x | 118.40x |
| NII (times) | 0.83x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.23x | 5.65x |
| Employee (times) | ||
| Other (times) | 0.99x | |
| Total (times) | 2.98x | 81.54x |
