Comparison between LIC IPO and Venus Pipes IPO.
LIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Venus Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of LIC IPO is up to ₹20,557.23 Cr whereas the issue size of the Venus Pipes IPO is up to ₹165.42 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Venus Pipes IPO is ₹326.00 per share.
| LIC IPO | Venus Pipes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹902.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹949.00 per share | ₹326.00 per share |
| Issue Price (Final) | ₹949.00 per share | ₹326.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 15 shares | 46 shares |
| Fresh Issue Size | 0 shares | 50,74,100 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹165.42 Cr |
| OFS Issue Size | 22,13,74,920 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹20,557.23 Cr | up to ₹0.00 Cr |
| Issue Size Total | 22,13,74,920 shares | 50,74,100 shares |
| Issue Size Total (Amount) | up to ₹20,557.23 Cr | up to ₹165.42 Cr |
LIC IPO opens on May 04, 2022, while Venus Pipes IPO opens on May 11, 2022. The closing date of LIC IPO and Venus Pipes IPO is May 09, 2022, and May 13, 2022, respectively.
| LIC IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2022 | May 10, 2022 |
| Issue Open | May 04, 2022 | May 11, 2022 |
| Issue Close | May 09, 2022 | May 13, 2022 |
| Basis Of Allotment (Tentative) | May 12, 2022 | May 19, 2022 |
| Initiation of Refunds (Tentative) | May 13, 2022 | May 20, 2022 |
| Credit of Share (Tentative) | May 16, 2022 | May 23, 2022 |
| Listing date (Tentative) | May 17, 2022 | May 24, 2022 |
| Anchor Lockin End date 1 | Jun 11, 2022 | Jun 18, 2022 |
| Anchor Lockin End date 2 | Aug 10, 2022 | Aug 17, 2022 |
LIC IPO P/E ratio is 201.91, as compared to Venus Pipes IPO P/E ratio of 21.03.
| LIC IPO | Venus Pipes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 64.27 | ||||
| Promoter Shareholding (Post-Issue) | 96.50 | 48.20 | ||||
| P/E Ratio | 201.91 | 21.03 | ||||
| Market Cap | ₹600242.28 Cr. | ₹661.65 Cr. | ||||
| ROE | 59 | |||||
| ROCE | 61 | |||||
| Debt/Equity | 0.94 | |||||
| EPS | ₹4.70 | ₹18.04 | ||||
| RoNW | 45.65 | 59.18 |
In the LIC IPO Retail Individual Investors (RII) are offered 6,91,79,663 shares while in Venus Pipes IPO retail investors are offered 6,91,79,663 shares. Qualified Institutional Buyers (QIB) are offered 3,95,31,236 shares in LIC IPO and 10,14,864 shares in Venus Pipes IPO.
| LIC IPO | Venus Pipes IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,96,853 shares | 15,22,186 shares |
| Market Maker Reservation | ||
| QIB | 3,95,31,236 shares | 10,14,864 shares |
| NII | 2,96,48,427 shares | 7,61,115 shares |
| RII | 6,91,79,663 shares | 17,75,935 shares |
| Employee | 15,81,249 shares | |
| Others | ||
| Total | 22,13,74,920 shares | 50,74,100 shares |
LIC IPO subscribed 2.95x in total, whereas Venus Pipes IPO subscribed 16.31x.
| LIC IPO | Venus Pipes IPO | |
|---|---|---|
| QIB (times) | 2.83x | 12.02x |
| NII (times) | 2.91x | 15.66x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.99x | 19.04x |
| Employee (times) | 4.40x | |
| Other (times) | 6.12x | |
| Total (times) | 2.95x | 16.31x |
