Comparison between ICICI Prudential Life IPO and L&T Infotech IPO.
ICICI Prudential Life IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while L&T Infotech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ICICI Prudential Life IPO is up to ₹6,056.79 Cr whereas the issue size of the L&T Infotech IPO is up to ₹1,236.38 Cr. The final issue price of ICICI Prudential Life IPO is ₹334.00 per share and of L&T Infotech IPO is ₹710.00 per share.
| ICICI Prudential Life IPO | L&T Infotech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹300.00 per share | ₹705.00 per share |
| Issue Price (Upper) | ₹334.00 per share | ₹710.00 per share |
| Issue Price (Final) | ₹334.00 per share | ₹710.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹10.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 44 shares | 20 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 18,13,41,058 shares | 1,75,00,000 shares |
| OFS Issue Size (Amount) | up to ₹6,056.79 Cr | up to ₹1,236.38 Cr |
| Issue Size Total | 18,13,41,058 shares | 1,75,00,000 shares |
| Issue Size Total (Amount) | up to ₹6,056.79 Cr | up to ₹1,236.38 Cr |
ICICI Prudential Life IPO opens on Sep 19, 2016, while L&T Infotech IPO opens on Jul 11, 2016. The closing date of ICICI Prudential Life IPO and L&T Infotech IPO is Sep 21, 2016, and Jul 13, 2016, respectively.
| ICICI Prudential Life IPO | L&T Infotech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 16, 2016 | Jul 08, 2016 |
| Issue Open | Sep 19, 2016 | Jul 11, 2016 |
| Issue Close | Sep 21, 2016 | Jul 13, 2016 |
| Basis Of Allotment (Tentative) | Sep 26, 2016 | |
| Initiation of Refunds (Tentative) | Sep 27, 2016 | |
| Credit of Share (Tentative) | Sep 28, 2016 | |
| Listing date (Tentative) | Sep 29, 2016 | Jul 21, 2016 |
| Anchor Lockin End date 1 | Oct 26, 2016 | |
| Anchor Lockin End date 2 | Dec 25, 2016 |
ICICI Prudential Life IPO P/E ratio is , as compared to L&T Infotech IPO P/E ratio of .
| ICICI Prudential Life IPO | L&T Infotech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹47939.82 Cr. | ₹12058.89 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 49.52% |
In the ICICI Prudential Life IPO Retail Individual Investors (RII) are offered 5,71,22,434 shares while in L&T Infotech IPO retail investors are offered 5,71,22,434 shares. Qualified Institutional Buyers (QIB) are offered 3,26,41,391 shares in ICICI Prudential Life IPO and 35,00,000 shares in L&T Infotech IPO.
| ICICI Prudential Life IPO | L&T Infotech IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,89,62,085 shares | 52,50,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 3,26,41,391 shares | 35,00,000 shares |
| NII | 2,44,81,043 shares | 26,25,000 shares |
| RII | 5,71,22,434 shares | 61,25,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 18,13,41,058 shares | 1,75,00,000 shares |
ICICI Prudential Life IPO subscribed 10.48x in total, whereas L&T Infotech IPO subscribed 11.69x.
| ICICI Prudential Life IPO | L&T Infotech IPO | |
|---|---|---|
| QIB (times) | 11.83x | 19.91x |
| NII (times) | 28.55x | 10.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.42x | 7.39x |
| Employee (times) | ||
| Other (times) | 12.20x | |
| Total (times) | 10.48x | 11.69x |
