Comparison between Hariom Pipe Industries IPO and LIC IPO.
Hariom Pipe Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while LIC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the LIC IPO is up to ₹20,557.23 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of LIC IPO is ₹949.00 per share.
| Hariom Pipe Industries IPO | LIC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹144.00 per share | ₹902.00 per share |
| Issue Price (Upper) | ₹153.00 per share | ₹949.00 per share |
| Issue Price (Final) | ₹153.00 per share | ₹949.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹45.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 98 shares | 15 shares |
| Fresh Issue Size | 85,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹130.05 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 22,13,74,920 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹20,557.23 Cr |
| Issue Size Total | 85,00,000 shares | 22,13,74,920 shares |
| Issue Size Total (Amount) | up to ₹130.05 Cr | up to ₹20,557.23 Cr |
Hariom Pipe Industries IPO opens on Mar 30, 2022, while LIC IPO opens on May 04, 2022. The closing date of Hariom Pipe Industries IPO and LIC IPO is Apr 05, 2022, and May 09, 2022, respectively.
| Hariom Pipe Industries IPO | LIC IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2022 | |
| Issue Open | Mar 30, 2022 | May 04, 2022 |
| Issue Close | Apr 05, 2022 | May 09, 2022 |
| Basis Of Allotment (Tentative) | Apr 08, 2022 | May 12, 2022 |
| Initiation of Refunds (Tentative) | Apr 11, 2022 | May 13, 2022 |
| Credit of Share (Tentative) | Apr 12, 2022 | May 16, 2022 |
| Listing date (Tentative) | Apr 13, 2022 | May 17, 2022 |
| Anchor Lockin End date 1 | Jun 11, 2022 | |
| Anchor Lockin End date 2 | Aug 10, 2022 |
Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to LIC IPO P/E ratio of 201.91.
| Hariom Pipe Industries IPO | LIC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.10 | 100 | ||||
| Promoter Shareholding (Post-Issue) | 66 | 96.50 | ||||
| P/E Ratio | 15.15 | 201.91 | ||||
| Market Cap | ₹389.79 Cr. | ₹600242.28 Cr. | ||||
| ROE | 21.38 | |||||
| ROCE | 27.41 | |||||
| Debt/Equity | 1.13 | |||||
| EPS | ₹10.64 | ₹4.70 | ||||
| RoNW | 21.38 | 45.65 |
In the Hariom Pipe Industries IPO Retail Individual Investors (RII) are offered 29,75,000 shares while in LIC IPO retail investors are offered 29,75,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 3,95,31,236 shares in LIC IPO.
| Hariom Pipe Industries IPO | LIC IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,96,853 shares | |
| Market Maker Reservation | ||
| QIB | 25,50,000 shares | 3,95,31,236 shares |
| NII | 29,75,000 shares | 2,96,48,427 shares |
| RII | 29,75,000 shares | 6,91,79,663 shares |
| Employee | 15,81,249 shares | |
| Others | ||
| Total | 85,00,000 shares | 22,13,74,920 shares |
Hariom Pipe Industries IPO subscribed 7.93x in total, whereas LIC IPO subscribed 2.95x.
| Hariom Pipe Industries IPO | LIC IPO | |
|---|---|---|
| QIB (times) | 1.91x | 2.83x |
| NII (times) | 8.87x | 2.91x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.15x | 1.99x |
| Employee (times) | 4.40x | |
| Other (times) | 6.12x | |
| Total (times) | 7.93x | 2.95x |
