Comparison between L&T Infotech IPO and Mahanagar Gas IPO.
L&T Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mahanagar Gas 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 Mahanagar Gas IPO is up to ₹1,038.88 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of Mahanagar Gas IPO is ₹421.00 per share.
| L&T Infotech IPO | Mahanagar Gas IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹705.00 per share | ₹380.00 per share |
| Issue Price (Upper) | ₹710.00 per share | ₹421.00 per share |
| Issue Price (Final) | ₹710.00 per share | ₹421.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹38.00 per share | |
| Market Lot Size | 20 shares | 35 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,75,00,000 shares | 2,46,94,500 shares |
| OFS Issue Size (Amount) | up to ₹1,236.38 Cr | up to ₹1,038.88 Cr |
| Issue Size Total | 1,75,00,000 shares | 2,46,94,500 shares |
| Issue Size Total (Amount) | up to ₹1,236.38 Cr | up to ₹1,038.88 Cr |
L&T Infotech IPO opens on Jul 11, 2016, while Mahanagar Gas IPO opens on Jun 21, 2016. The closing date of L&T Infotech IPO and Mahanagar Gas IPO is Jul 13, 2016, and Jun 23, 2016, respectively.
| L&T Infotech IPO | Mahanagar Gas IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2016 | Jun 20, 2016 |
| Issue Open | Jul 11, 2016 | Jun 21, 2016 |
| Issue Close | Jul 13, 2016 | Jun 23, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 21, 2016 | Jul 01, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Infotech IPO P/E ratio is , as compared to Mahanagar Gas IPO P/E ratio of .
| L&T Infotech IPO | Mahanagar Gas IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 90 | ||||
| Promoter Shareholding (Post-Issue) | 65 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹12058.89 Cr. | ₹4158.54 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 49.52% | 20.2% |
In the L&T Infotech IPO Retail Individual Investors (RII) are offered 61,25,000 shares while in Mahanagar Gas 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 48,98,900 shares in Mahanagar Gas IPO.
| L&T Infotech IPO | Mahanagar Gas IPO | |
|---|---|---|
| Anchor Investor Reservation | 52,50,000 shares | 73,48,350 shares |
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 48,98,900 shares |
| NII | 26,25,000 shares | 36,74,175 shares |
| RII | 61,25,000 shares | 85,73,075 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 1,75,00,000 shares | 2,46,94,500 shares |
L&T Infotech IPO subscribed 11.69x in total, whereas Mahanagar Gas IPO subscribed 64.54x.
| L&T Infotech IPO | Mahanagar Gas IPO | |
|---|---|---|
| QIB (times) | 19.91x | 72.84x |
| NII (times) | 10.76x | 191.61x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.39x | 6.82x |
| Employee (times) | 1.18x | |
| Other (times) | ||
| Total (times) | 11.69x | 64.54x |
