Comparison between MAS Financial IPO and Reliance Nippon Life IPO.
MAS Financial IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Reliance Nippon Life IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of MAS Financial IPO is up to ₹460.04 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of MAS Financial IPO is ₹459.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| MAS Financial IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹456.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹459.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹459.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 32 shares | 59 shares |
| Fresh Issue Size | 50,92,829 shares | 2,44,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹233.37 Cr | up to ₹616.90 Cr |
| OFS Issue Size | 49,46,448 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹226.67 Cr | up to ₹925.34 Cr |
| Issue Size Total | 1,00,39,277 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹460.04 Cr | up to ₹1,542.24 Cr |
MAS Financial IPO opens on Oct 06, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of MAS Financial IPO and Reliance Nippon Life IPO is Oct 10, 2017, and Oct 27, 2017, respectively.
| MAS Financial IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Oct 05, 2017 | Oct 24, 2017 |
| Issue Open | Oct 06, 2017 | Oct 25, 2017 |
| Issue Close | Oct 10, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Oct 13, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Oct 16, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Oct 17, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Oct 18, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Nov 12, 2017 | Dec 01, 2017 |
| Anchor Lockin End date 2 | Jan 11, 2018 | Jan 30, 2018 |
MAS Financial IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| MAS Financial IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2508.99 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the MAS Financial IPO Retail Individual Investors (RII) are offered 34,54,569 shares while in Reliance Nippon Life IPO retail investors are offered 34,54,569 shares. Qualified Institutional Buyers (QIB) are offered 19,74,039 shares in MAS Financial IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| MAS Financial IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,61,057 shares | 1,83,60,000 shares |
| Market Maker Reservation | ||
| QIB | 19,74,039 shares | 1,22,40,000 shares |
| NII | 14,80,530 shares | 91,80,000 shares |
| RII | 34,54,569 shares | 2,14,20,000 shares |
| Employee | 1,69,082 shares | |
| Others | ||
| Total | 1,00,39,277 shares | 6,12,00,000 shares |
MAS Financial IPO subscribed 128.39x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| MAS Financial IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 148.33x | 118.40x |
| NII (times) | 378.53x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 15.97x | 5.65x |
| Employee (times) | 2.41x | |
| Other (times) | ||
| Total (times) | 128.39x | 81.54x |
