Comparison between L&T Infotech IPO and RBL Bank IPO.
L&T Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RBL Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of L&T Infotech IPO is up to ₹1,236.38 Cr whereas the issue size of the RBL Bank IPO is up to ₹1,212.97 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of RBL Bank IPO is ₹225.00 per share.
| L&T Infotech IPO | RBL Bank IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹705.00 per share | ₹224.00 per share |
| Issue Price (Upper) | ₹710.00 per share | ₹225.00 per share |
| Issue Price (Final) | ₹710.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 20 shares | 65 shares |
| Fresh Issue Size | 0 shares | 3,70,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹832.50 Cr |
| OFS Issue Size | 1,75,00,000 shares | 1,69,09,628 shares |
| OFS Issue Size (Amount) | up to ₹1,236.38 Cr | up to ₹380.47 Cr |
| Issue Size Total | 1,75,00,000 shares | 5,39,09,628 shares |
| Issue Size Total (Amount) | up to ₹1,236.38 Cr | up to ₹1,212.97 Cr |
L&T Infotech IPO opens on Jul 11, 2016, while RBL Bank IPO opens on Aug 19, 2016. The closing date of L&T Infotech IPO and RBL Bank IPO is Jul 13, 2016, and Aug 23, 2016, respectively.
| L&T Infotech IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2016 | Aug 18, 2016 |
| Issue Open | Jul 11, 2016 | Aug 19, 2016 |
| Issue Close | Jul 13, 2016 | Aug 23, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 21, 2016 | Aug 31, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Infotech IPO P/E ratio is , as compared to RBL Bank IPO P/E ratio of .
| L&T Infotech IPO | RBL Bank IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹12058.89 Cr. | ₹8320.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 49.52% |
In the L&T Infotech IPO Retail Individual Investors (RII) are offered 61,25,000 shares while in RBL Bank IPO retail investors are offered 61,25,000 shares. Qualified Institutional Buyers (QIB) are offered 35,00,000 shares in L&T Infotech IPO and 1,07,81,926 shares in RBL Bank IPO.
| L&T Infotech IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 52,50,000 shares | 1,61,72,887 shares |
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 1,07,81,926 shares |
| NII | 26,25,000 shares | 80,86,445 shares |
| RII | 61,25,000 shares | 1,88,68,370 shares |
| Employee | ||
| Others | ||
| Total | 1,75,00,000 shares | 5,39,09,628 shares |
L&T Infotech IPO subscribed 11.69x in total, whereas RBL Bank IPO subscribed 69.62x.
| L&T Infotech IPO | RBL Bank IPO | |
|---|---|---|
| QIB (times) | 19.91x | 85.08x |
| NII (times) | 10.76x | 198.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.39x | 5.70x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.69x | 69.62x |
