Comparison between Astron Paper IPO and New India Assurance IPO.
Astron Paper IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while New India Assurance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Astron Paper IPO is up to ₹69.83 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,585.82 Cr. The final issue price of Astron Paper IPO is ₹50.00 per share and of New India Assurance IPO is ₹800.00 per share.
| Astron Paper IPO | New India Assurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹45.00 per share | ₹770.00 per share |
| Issue Price (Upper) | ₹50.00 per share | ₹800.00 per share |
| Issue Price (Final) | ₹50.00 per share | ₹800.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹30.00 per share |
| Discount (Employee) | ₹2.50 per share | ₹30.00 per share |
| Market Lot Size | 280 shares | 18 shares |
| Fresh Issue Size | 1,40,00,000 shares | 2,40,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹69.83 Cr | up to ₹1,917.16 Cr |
| OFS Issue Size | 0 shares | 9,60,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7,668.66 Cr |
| Issue Size Total | 1,40,00,000 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹69.83 Cr | up to ₹9,585.82 Cr |
Astron Paper IPO opens on Dec 15, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of Astron Paper IPO and New India Assurance IPO is Dec 20, 2017, and Nov 03, 2017, respectively.
| Astron Paper IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Dec 15, 2017 | Nov 01, 2017 |
| Issue Close | Dec 20, 2017 | Nov 03, 2017 |
| Basis Of Allotment (Tentative) | Dec 26, 2017 | Nov 08, 2017 |
| Initiation of Refunds (Tentative) | Dec 27, 2017 | Nov 09, 2017 |
| Credit of Share (Tentative) | Dec 28, 2017 | Nov 10, 2017 |
| Listing date (Tentative) | Dec 29, 2017 | Nov 13, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Astron Paper IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .
| Astron Paper IPO | New India Assurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹232.50 Cr. | ₹65920.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Astron Paper IPO Retail Individual Investors (RII) are offered 46,55,000 shares while in New India Assurance IPO retail investors are offered 46,55,000 shares. Qualified Institutional Buyers (QIB) are offered 13,30,000 shares in Astron Paper IPO and 5,82,00,000 shares in New India Assurance IPO.
| Astron Paper IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | ||
| QIB | 13,30,000 shares | 5,82,00,000 shares |
| NII | 73,15,000 shares | 1,74,60,000 shares |
| RII | 46,55,000 shares | 4,07,40,000 shares |
| Employee | 7,00,000 shares | 36,00,000 shares |
| Others | ||
| Total | 1,40,00,000 shares | 12,00,00,000 shares |
Astron Paper IPO subscribed 241.76x in total, whereas New India Assurance IPO subscribed 1.19x.
| Astron Paper IPO | New India Assurance IPO | |
|---|---|---|
| QIB (times) | 103.35x | 2.34x |
| NII (times) | 396.99x | 0.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 73.32x | 0.11x |
| Employee (times) | 2.69x | 0.20x |
| Other (times) | ||
| Total (times) | 241.76x | 1.19x |
