Comparison between MAS Financial IPO and New India Assurance IPO.
MAS Financial 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 MAS Financial IPO is up to ₹460.04 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,585.82 Cr. The final issue price of MAS Financial IPO is ₹459.00 per share and of New India Assurance IPO is ₹800.00 per share.
| MAS Financial IPO | New India Assurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹456.00 per share | ₹770.00 per share |
| Issue Price (Upper) | ₹459.00 per share | ₹800.00 per share |
| Issue Price (Final) | ₹459.00 per share | ₹800.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹30.00 per share |
| Discount (Employee) | ₹45.00 per share | ₹30.00 per share |
| Market Lot Size | 32 shares | 18 shares |
| Fresh Issue Size | 50,92,829 shares | 2,40,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹233.37 Cr | up to ₹1,917.16 Cr |
| OFS Issue Size | 49,46,448 shares | 9,60,00,000 shares |
| OFS Issue Size (Amount) | up to ₹226.67 Cr | up to ₹7,668.66 Cr |
| Issue Size Total | 1,00,39,277 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹460.04 Cr | up to ₹9,585.82 Cr |
MAS Financial IPO opens on Oct 06, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of MAS Financial IPO and New India Assurance IPO is Oct 10, 2017, and Nov 03, 2017, respectively.
| MAS Financial IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Bid Date | Oct 05, 2017 | |
| Issue Open | Oct 06, 2017 | Nov 01, 2017 |
| Issue Close | Oct 10, 2017 | Nov 03, 2017 |
| Basis Of Allotment (Tentative) | Oct 13, 2017 | Nov 08, 2017 |
| Initiation of Refunds (Tentative) | Oct 16, 2017 | Nov 09, 2017 |
| Credit of Share (Tentative) | Oct 17, 2017 | Nov 10, 2017 |
| Listing date (Tentative) | Oct 18, 2017 | Nov 13, 2017 |
| Anchor Lockin End date 1 | Nov 12, 2017 | |
| Anchor Lockin End date 2 | Jan 11, 2018 |
MAS Financial IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .
| MAS Financial IPO | New India Assurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2508.99 Cr. | ₹65920.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the MAS Financial IPO Retail Individual Investors (RII) are offered 34,54,569 shares while in New India Assurance IPO retail investors are offered 34,54,569 shares. Qualified Institutional Buyers (QIB) are offered 19,74,039 shares in MAS Financial IPO and 5,82,00,000 shares in New India Assurance IPO.
| MAS Financial IPO | New India Assurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,61,057 shares | |
| Market Maker Reservation | ||
| QIB | 19,74,039 shares | 5,82,00,000 shares |
| NII | 14,80,530 shares | 1,74,60,000 shares |
| RII | 34,54,569 shares | 4,07,40,000 shares |
| Employee | 1,69,082 shares | 36,00,000 shares |
| Others | ||
| Total | 1,00,39,277 shares | 12,00,00,000 shares |
MAS Financial IPO subscribed 128.39x in total, whereas New India Assurance IPO subscribed 1.19x.
| MAS Financial IPO | New India Assurance IPO | |
|---|---|---|
| QIB (times) | 148.33x | 2.34x |
| NII (times) | 378.53x | 0.11x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 15.97x | 0.11x |
| Employee (times) | 2.41x | 0.20x |
| Other (times) | ||
| Total (times) | 128.39x | 1.19x |
