Comparison between IndiGrid InvIT InvIT and IRB InvIT Fund InvIT.
IndiGrid InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IRB InvIT Fund InvIT is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IndiGrid InvIT InvIT is up to ₹2,249.96 Cr whereas the issue size of the IRB InvIT Fund InvIT is up to ₹5,032.88 Cr. The final issue price of IndiGrid InvIT InvIT is ₹100.00 per share and of IRB InvIT Fund InvIT is ₹102.00 per share.
| IndiGrid InvIT InvIT | IRB InvIT Fund InvIT | |
|---|---|---|
| Face Value | ₹100 per share | ₹102 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹102.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹102.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 10205 shares | 10000 shares |
| Fresh Issue Size | 22,49,96,373 shares | 46,52,09,336 shares |
| Fresh Issue Size (Amount) | up to ₹2,249.96 Cr | up to ₹4,745.14 Cr |
| OFS Issue Size | 0 shares | 2,82,10,664 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹287.75 Cr |
| Issue Size Total | 22,49,96,373 shares | 49,34,20,000 shares |
| Issue Size Total (Amount) | up to ₹2,249.96 Cr | up to ₹5,032.88 Cr |
IndiGrid InvIT InvIT opens on May 17, 2017, while IRB InvIT Fund InvIT opens on May 03, 2017. The closing date of IndiGrid InvIT InvIT and IRB InvIT Fund InvIT is May 19, 2017, and May 05, 2017, respectively.
| IndiGrid InvIT InvIT | IRB InvIT Fund InvIT | |
|---|---|---|
| Anchor Bid Date | May 16, 2017 | |
| Issue Open | May 17, 2017 | May 03, 2017 |
| Issue Close | May 19, 2017 | May 05, 2017 |
| Basis Of Allotment (Tentative) | May 16, 2017 | |
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jun 06, 2017 | May 18, 2017 |
| Anchor Lockin End date 1 | Jun 15, 2017 | |
| Anchor Lockin End date 2 | Aug 14, 2017 |
IndiGrid InvIT InvIT P/E ratio is , as compared to IRB InvIT Fund InvIT P/E ratio of .
| IndiGrid InvIT InvIT | IRB InvIT Fund InvIT | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2702.00 Cr. | ₹5921.10 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IndiGrid InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in IRB InvIT Fund InvIT retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 6,75,02,484 shares in IndiGrid InvIT InvIT and 16,47,20,000 shares in IRB InvIT Fund InvIT.
| IndiGrid InvIT InvIT | IRB InvIT Fund InvIT | |
|---|---|---|
| Anchor Investor Reservation | 10,12,43,520 shares | 20,53,40,000 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 6,75,02,484 shares | 16,47,20,000 shares |
| NII | 5,62,50,369 shares | 12,33,60,000 shares |
| RII | 0 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 22,49,96,373 shares | 49,34,20,000 shares |
IndiGrid InvIT InvIT subscribed 1.35x in total, whereas IRB InvIT Fund InvIT subscribed 8.57x.
| IndiGrid InvIT InvIT | IRB InvIT Fund InvIT | |
|---|---|---|
| QIB (times) | 1.14x | 10.81x |
| NII (times) | ||
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | ||
| Employee (times) | ||
| Other (times) | 1.60x | 5.89x |
| Total (times) | 1.35x | 8.57x |
