Comparison between L&T Infotech IPO and S.P.Apparels IPO.
L&T Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while S.P.Apparels 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 S.P.Apparels IPO is up to ₹239.12 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of S.P.Apparels IPO is ₹268.00 per share.
| L&T Infotech IPO | S.P.Apparels IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹705.00 per share | ₹258.00 per share |
| Issue Price (Upper) | ₹710.00 per share | ₹268.00 per share |
| Issue Price (Final) | ₹710.00 per share | ₹268.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 20 shares | 55 shares |
| Fresh Issue Size | 0 shares | 80,22,388 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹215.00 Cr |
| OFS Issue Size | 1,75,00,000 shares | 9,00,000 shares |
| OFS Issue Size (Amount) | up to ₹1,236.38 Cr | up to ₹24.12 Cr |
| Issue Size Total | 1,75,00,000 shares | 89,22,388 shares |
| Issue Size Total (Amount) | up to ₹1,236.38 Cr | up to ₹239.12 Cr |
L&T Infotech IPO opens on Jul 11, 2016, while S.P.Apparels IPO opens on Aug 02, 2016. The closing date of L&T Infotech IPO and S.P.Apparels IPO is Jul 13, 2016, and Aug 04, 2016, respectively.
| L&T Infotech IPO | S.P.Apparels IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2016 | Aug 01, 2016 |
| Issue Open | Jul 11, 2016 | Aug 02, 2016 |
| Issue Close | Jul 13, 2016 | Aug 04, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 21, 2016 | Aug 12, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Infotech IPO P/E ratio is , as compared to S.P.Apparels IPO P/E ratio of .
| L&T Infotech IPO | S.P.Apparels IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | |||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹12058.89 Cr. | ₹698.61 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 S.P.Apparels 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 17,84,475 shares in S.P.Apparels IPO.
| L&T Infotech IPO | S.P.Apparels IPO | |
|---|---|---|
| Anchor Investor Reservation | 52,50,000 shares | 26,76,685 shares |
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 17,84,475 shares |
| NII | 26,25,000 shares | 13,38,370 shares |
| RII | 61,25,000 shares | 31,22,845 shares |
| Employee | ||
| Others | ||
| Total | 1,75,00,000 shares | 89,22,375 shares |
L&T Infotech IPO subscribed 11.69x in total, whereas S.P.Apparels IPO subscribed 2.67x.
| L&T Infotech IPO | S.P.Apparels IPO | |
|---|---|---|
| QIB (times) | 19.91x | 2.21x |
| NII (times) | 10.76x | 5.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.39x | 1.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.69x | 2.67x |