Comparison between GNA Axles IPO and ICICI Prudential Life IPO.
GNA Axles IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ICICI Prudential Life IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GNA Axles IPO is up to ₹130.41 Cr whereas the issue size of the ICICI Prudential Life IPO is up to ₹6,056.79 Cr. The final issue price of GNA Axles IPO is ₹207.00 per share and of ICICI Prudential Life IPO is ₹334.00 per share.
| GNA Axles IPO | ICICI Prudential Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹205.00 per share | ₹300.00 per share |
| Issue Price (Upper) | ₹207.00 per share | ₹334.00 per share |
| Issue Price (Final) | ₹207.00 per share | ₹334.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 70 shares | 44 shares |
| Fresh Issue Size | 63,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹130.41 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 18,13,41,058 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6,056.79 Cr |
| Issue Size Total | 63,00,000 shares | 18,13,41,058 shares |
| Issue Size Total (Amount) | up to ₹130.41 Cr | up to ₹6,056.79 Cr |
GNA Axles IPO opens on Sep 14, 2016, while ICICI Prudential Life IPO opens on Sep 19, 2016. The closing date of GNA Axles IPO and ICICI Prudential Life IPO is Sep 16, 2016, and Sep 21, 2016, respectively.
| GNA Axles IPO | ICICI Prudential Life IPO | |
|---|---|---|
| Anchor Bid Date | Sep 12, 2016 | Sep 16, 2016 |
| Issue Open | Sep 14, 2016 | Sep 19, 2016 |
| Issue Close | Sep 16, 2016 | Sep 21, 2016 |
| Basis Of Allotment (Tentative) | Sep 21, 2016 | Sep 26, 2016 |
| Initiation of Refunds (Tentative) | Sep 22, 2016 | Sep 27, 2016 |
| Credit of Share (Tentative) | Sep 23, 2016 | Sep 28, 2016 |
| Listing date (Tentative) | Sep 26, 2016 | Sep 29, 2016 |
| Anchor Lockin End date 1 | Oct 21, 2016 | Oct 26, 2016 |
| Anchor Lockin End date 2 | Dec 20, 2016 | Dec 25, 2016 |
GNA Axles IPO P/E ratio is , as compared to ICICI Prudential Life IPO P/E ratio of .
| GNA Axles IPO | ICICI Prudential Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹444.33 Cr. | ₹47939.82 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GNA Axles IPO Retail Individual Investors (RII) are offered 21,35,000 shares while in ICICI Prudential Life IPO retail investors are offered 21,35,000 shares. Qualified Institutional Buyers (QIB) are offered 12,20,000 shares in GNA Axles IPO and 3,26,41,391 shares in ICICI Prudential Life IPO.
| GNA Axles IPO | ICICI Prudential Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,30,000 shares | 4,89,62,085 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 12,20,000 shares | 3,26,41,391 shares |
| NII | 9,15,000 shares | 2,44,81,043 shares |
| RII | 21,35,000 shares | 5,71,22,434 shares |
| Employee | 2,00,000 shares | 0 shares |
| Others | ||
| Total | 63,00,000 shares | 18,13,41,058 shares |
GNA Axles IPO subscribed 54.87x in total, whereas ICICI Prudential Life IPO subscribed 10.48x.
| GNA Axles IPO | ICICI Prudential Life IPO | |
|---|---|---|
| QIB (times) | 17.18x | 11.83x |
| NII (times) | 217.47x | 28.55x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 1.42x |
| Employee (times) | 0.31x | |
| Other (times) | 12.20x | |
| Total (times) | 54.87x | 10.48x |
