Comparison between Mahindra Logistics IPO and New India Assurance IPO.
Mahindra Logistics 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 Mahindra Logistics IPO is up to ₹828.88 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,585.82 Cr. The final issue price of Mahindra Logistics IPO is ₹429.00 per share and of New India Assurance IPO is ₹800.00 per share.
| Mahindra Logistics IPO | New India Assurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹425.00 per share | ₹770.00 per share |
| Issue Price (Upper) | ₹429.00 per share | ₹800.00 per share |
| Issue Price (Final) | ₹429.00 per share | ₹800.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹30.00 per share |
| Discount (Employee) | ₹42.00 per share | ₹30.00 per share |
| Market Lot Size | 34 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 | 1,93,32,346 shares | 9,60,00,000 shares |
| OFS Issue Size (Amount) | up to ₹828.88 Cr | up to ₹7,668.66 Cr |
| Issue Size Total | 1,93,32,346 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹828.88 Cr | up to ₹9,585.82 Cr |
Mahindra Logistics IPO opens on Oct 31, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of Mahindra Logistics IPO and New India Assurance IPO is Nov 02, 2017, and Nov 03, 2017, respectively.
| Mahindra Logistics IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Bid Date | Oct 30, 2017 | |
| Issue Open | Oct 31, 2017 | Nov 01, 2017 |
| Issue Close | Nov 02, 2017 | Nov 03, 2017 |
| Basis Of Allotment (Tentative) | Nov 08, 2017 | Nov 08, 2017 |
| Initiation of Refunds (Tentative) | Nov 09, 2017 | Nov 09, 2017 |
| Credit of Share (Tentative) | Nov 09, 2017 | Nov 10, 2017 |
| Listing date (Tentative) | Nov 10, 2017 | Nov 13, 2017 |
| Anchor Lockin End date 1 | Dec 08, 2017 | |
| Anchor Lockin End date 2 | Feb 06, 2018 |
Mahindra Logistics IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .
| Mahindra Logistics IPO | New India Assurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹3051.99 Cr. | ₹65920.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Mahindra Logistics IPO Retail Individual Investors (RII) are offered 67,22,572 shares while in New India Assurance IPO retail investors are offered 67,22,572 shares. Qualified Institutional Buyers (QIB) are offered 38,41,469 shares in Mahindra Logistics IPO and 5,82,00,000 shares in New India Assurance IPO.
| Mahindra Logistics IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,62,203 shares | |
| Market Maker Reservation | ||
| QIB | 38,41,469 shares | 5,82,00,000 shares |
| NII | 28,81,102 shares | 1,74,60,000 shares |
| RII | 67,22,572 shares | 4,07,40,000 shares |
| Employee | 1,25,000 shares | 36,00,000 shares |
| Others | ||
| Total | 1,93,32,346 shares | 12,00,00,000 shares |
Mahindra Logistics IPO subscribed 7.90x in total, whereas New India Assurance IPO subscribed 1.19x.
| Mahindra Logistics IPO | New India Assurance IPO | |
|---|---|---|
| QIB (times) | 15.60x | 2.34x |
| NII (times) | 2.07x | 0.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.10x | 0.11x |
| Employee (times) | 1.94x | 0.20x |
| Other (times) | ||
| Total (times) | 7.90x | 1.19x |
