Comparison between HDFC Standard Life IPO and New India Assurance IPO.
HDFC Standard Life 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 HDFC Standard Life IPO is up to ₹8,695.01 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,585.82 Cr. The final issue price of HDFC Standard Life IPO is ₹290.00 per share and of New India Assurance IPO is ₹800.00 per share.
| HDFC Standard Life IPO | New India Assurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹275.00 per share | ₹770.00 per share |
| Issue Price (Upper) | ₹290.00 per share | ₹800.00 per share |
| Issue Price (Final) | ₹290.00 per share | ₹800.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹30.00 per share |
| Discount (Employee) | ₹0.00 per share | ₹30.00 per share |
| Market Lot Size | 50 shares | 18 shares |
| Fresh Issue Size | 0 shares | 2,40,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹1,917.16 Cr |
| OFS Issue Size | 29,98,27,818 shares | 9,60,00,000 shares |
| OFS Issue Size (Amount) | up to ₹8,695.01 Cr | up to ₹7,668.66 Cr |
| Issue Size Total | 29,98,27,818 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹8,695.01 Cr | up to ₹9,585.82 Cr |
HDFC Standard Life IPO opens on Nov 07, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of HDFC Standard Life IPO and New India Assurance IPO is Nov 09, 2017, and Nov 03, 2017, respectively.
| HDFC Standard Life IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Bid Date | Nov 06, 2017 | |
| Issue Open | Nov 07, 2017 | Nov 01, 2017 |
| Issue Close | Nov 09, 2017 | Nov 03, 2017 |
| Basis Of Allotment (Tentative) | Nov 14, 2017 | Nov 08, 2017 |
| Initiation of Refunds (Tentative) | Nov 15, 2017 | Nov 09, 2017 |
| Credit of Share (Tentative) | Nov 16, 2017 | Nov 10, 2017 |
| Listing date (Tentative) | Nov 17, 2017 | Nov 13, 2017 |
| Anchor Lockin End date 1 | Dec 14, 2017 | |
| Anchor Lockin End date 2 | Feb 12, 2018 |
HDFC Standard Life IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .
| HDFC Standard Life IPO | New India Assurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹58260.22 Cr. | ₹65920.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the HDFC Standard Life IPO Retail Individual Investors (RII) are offered 9,34,13,431 shares while in New India Assurance IPO retail investors are offered 9,34,13,431 shares. Qualified Institutional Buyers (QIB) are offered 5,33,79,158 shares in HDFC Standard Life IPO and 5,82,00,000 shares in New India Assurance IPO.
| HDFC Standard Life IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,00,68,600 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 5,33,79,158 shares | 5,82,00,000 shares |
| NII | 4,00,34,328 shares | 1,74,60,000 shares |
| RII | 9,34,13,431 shares | 4,07,40,000 shares |
| Employee | 29,49,520 shares | 36,00,000 shares |
| Others | ||
| Total | 29,98,27,818 shares | 12,00,00,000 shares |
HDFC Standard Life IPO subscribed 4.89x in total, whereas New India Assurance IPO subscribed 1.19x.
| HDFC Standard Life IPO | New India Assurance IPO | |
|---|---|---|
| QIB (times) | 16.60x | 2.34x |
| NII (times) | 2.29x | 0.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.91x | 0.11x |
| Employee (times) | 1.22x | 0.20x |
| Other (times) | ||
| Total (times) | 4.89x | 1.19x |
