Comparison between L&T Technology IPO and PNB Housing Finance IPO.
L&T Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PNB Housing Finance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of L&T Technology IPO is up to ₹894.40 Cr whereas the issue size of the PNB Housing Finance IPO is up to ₹3,000.00 Cr. The final issue price of L&T Technology IPO is ₹860.00 per share and of PNB Housing Finance IPO is ₹775.00 per share.
| L&T Technology IPO | PNB Housing Finance IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹850.00 per share | ₹750.00 per share |
| Issue Price (Upper) | ₹860.00 per share | ₹775.00 per share |
| Issue Price (Final) | ₹860.00 per share | ₹775.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹75.00 per share | |
| Market Lot Size | 16 shares | 19 shares |
| Fresh Issue Size | 0 shares | 3,87,19,309 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹3,000.00 Cr |
| OFS Issue Size | 1,04,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹894.40 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,04,00,000 shares | 3,87,19,309 shares |
| Issue Size Total (Amount) | up to ₹894.40 Cr | up to ₹3,000.00 Cr |
L&T Technology IPO opens on Sep 12, 2016, while PNB Housing Finance IPO opens on Oct 25, 2016. The closing date of L&T Technology IPO and PNB Housing Finance IPO is Sep 15, 2016, and Oct 27, 2016, respectively.
| L&T Technology IPO | PNB Housing Finance IPO | |
|---|---|---|
| Anchor Bid Date | Sep 09, 2016 | Oct 24, 2016 |
| Issue Open | Sep 12, 2016 | Oct 25, 2016 |
| Issue Close | Sep 15, 2016 | Oct 27, 2016 |
| Basis Of Allotment (Tentative) | Sep 20, 2016 | |
| Initiation of Refunds (Tentative) | Sep 21, 2016 | |
| Credit of Share (Tentative) | Sep 22, 2016 | |
| Listing date (Tentative) | Sep 23, 2016 | Nov 07, 2016 |
| Anchor Lockin End date 1 | Oct 20, 2016 | |
| Anchor Lockin End date 2 | Dec 19, 2016 |
L&T Technology IPO P/E ratio is , as compared to PNB Housing Finance IPO P/E ratio of .
| L&T Technology IPO | PNB Housing Finance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹8745.37 Cr. | ₹12838.41 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the L&T Technology IPO Retail Individual Investors (RII) are offered 36,40,000 shares while in PNB Housing Finance IPO retail investors are offered 36,40,000 shares. Qualified Institutional Buyers (QIB) are offered 20,80,000 shares in L&T Technology IPO and 77,04,032 shares in PNB Housing Finance IPO.
| L&T Technology IPO | PNB Housing Finance IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,20,000 shares | 1,15,37,902 shares |
| Market Maker Reservation | ||
| QIB | 20,80,000 shares | 77,04,032 shares |
| NII | 15,60,000 shares | 57,72,581 shares |
| RII | 36,40,000 shares | 1,34,69,355 shares |
| Employee | 2,50,000 shares | |
| Others | ||
| Total | 1,04,00,000 shares | 3,87,33,870 shares |
L&T Technology IPO subscribed 2.52x in total, whereas PNB Housing Finance IPO subscribed 29.53x.
| L&T Technology IPO | PNB Housing Finance IPO | |
|---|---|---|
| QIB (times) | 5.01x | 37.33x |
| NII (times) | 1.03x | 86.17x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.74x | 1.32x |
| Employee (times) | 0.46x | |
| Other (times) | ||
| Total (times) | 2.52x | 29.53x |
