Comparison between Indian Energy Exchange IPO and New India Assurance IPO.
Indian Energy Exchange 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 Indian Energy Exchange IPO is up to ₹1,000.73 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,585.82 Cr. The final issue price of Indian Energy Exchange IPO is ₹1,650.00 per share and of New India Assurance IPO is ₹800.00 per share.
| Indian Energy Exchange IPO | New India Assurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹1,645.00 per share | ₹770.00 per share |
| Issue Price (Upper) | ₹1,650.00 per share | ₹800.00 per share |
| Issue Price (Final) | ₹1,650.00 per share | ₹800.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹30.00 per share |
| Discount (Employee) | ₹30.00 per share | |
| Market Lot Size | 9 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 | 60,65,009 shares | 9,60,00,000 shares |
| OFS Issue Size (Amount) | up to ₹1,000.73 Cr | up to ₹7,668.66 Cr |
| Issue Size Total | 60,65,009 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,000.73 Cr | up to ₹9,585.82 Cr |
Indian Energy Exchange IPO opens on Oct 09, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of Indian Energy Exchange IPO and New India Assurance IPO is Oct 11, 2017, and Nov 03, 2017, respectively.
| Indian Energy Exchange IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Bid Date | Oct 06, 2017 | |
| Issue Open | Oct 09, 2017 | Nov 01, 2017 |
| Issue Close | Oct 11, 2017 | Nov 03, 2017 |
| Basis Of Allotment (Tentative) | Nov 08, 2017 | |
| Initiation of Refunds (Tentative) | Nov 09, 2017 | |
| Credit of Share (Tentative) | Nov 10, 2017 | |
| Listing date (Tentative) | Oct 23, 2017 | Nov 13, 2017 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Indian Energy Exchange IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .
| Indian Energy Exchange IPO | New India Assurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5004.22 Cr. | ₹65920.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Indian Energy Exchange IPO Retail Individual Investors (RII) are offered 21,22,754 shares while in New India Assurance IPO retail investors are offered 21,22,754 shares. Qualified Institutional Buyers (QIB) are offered 12,13,002 shares in Indian Energy Exchange IPO and 5,82,00,000 shares in New India Assurance IPO.
| Indian Energy Exchange IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,19,501 shares | |
| Market Maker Reservation | ||
| QIB | 12,13,002 shares | 5,82,00,000 shares |
| NII | 9,09,752 shares | 1,74,60,000 shares |
| RII | 21,22,754 shares | 4,07,40,000 shares |
| Employee | 36,00,000 shares | |
| Others | ||
| Total | 60,65,009 shares | 12,00,00,000 shares |
Indian Energy Exchange IPO subscribed 2.22x in total, whereas New India Assurance IPO subscribed 1.19x.
| Indian Energy Exchange IPO | New India Assurance IPO | |
|---|---|---|
| QIB (times) | 2.56x | 2.34x |
| NII (times) | 0.85x | 0.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.61x | 0.11x |
| Employee (times) | 0.20x | |
| Other (times) | ||
| Total (times) | 2.22x | 1.19x |
