Comparison between L&T Infotech IPO and Parag Milk Foods IPO.
L&T Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Parag Milk Foods IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of L&T Infotech IPO is up to ₹1,236.38 Cr whereas the issue size of the Parag Milk Foods IPO is up to ₹750.54 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of Parag Milk Foods IPO is ₹215.00 per share.
| L&T Infotech IPO | Parag Milk Foods IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹705.00 per share | ₹215.00 per share |
| Issue Price (Upper) | ₹710.00 per share | ₹227.00 per share |
| Issue Price (Final) | ₹710.00 per share | ₹215.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹12.00 per share |
| Discount (Employee) | ₹12.00 per share | |
| Market Lot Size | 20 shares | 65 shares |
| Fresh Issue Size | 0 shares | 1,36,98,695 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 1,75,00,000 shares | 2,05,72,573 shares |
| OFS Issue Size (Amount) | up to ₹1,236.38 Cr | up to ₹450.54 Cr |
| Issue Size Total | 1,75,00,000 shares | 3,42,71,268 shares |
| Issue Size Total (Amount) | up to ₹1,236.38 Cr | up to ₹750.54 Cr |
L&T Infotech IPO opens on Jul 11, 2016, while Parag Milk Foods IPO opens on May 04, 2016. The closing date of L&T Infotech IPO and Parag Milk Foods IPO is Jul 13, 2016, and May 11, 2016, respectively.
| L&T Infotech IPO | Parag Milk Foods IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2016 | May 03, 2016 |
| Issue Open | Jul 11, 2016 | May 04, 2016 |
| Issue Close | Jul 13, 2016 | May 11, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 21, 2016 | May 19, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Infotech IPO P/E ratio is , as compared to Parag Milk Foods IPO P/E ratio of .
| L&T Infotech IPO | Parag Milk Foods IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 61.13 | ||||
| Promoter Shareholding (Post-Issue) | 47.48 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹12058.89 Cr. | ₹1808.47 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 49.52% | 22.67% |
In the L&T Infotech IPO Retail Individual Investors (RII) are offered 61,25,000 shares while in Parag Milk Foods IPO retail investors are offered 61,25,000 shares. Qualified Institutional Buyers (QIB) are offered 35,00,000 shares in L&T Infotech IPO and 1,03,74,752 shares in Parag Milk Foods IPO.
| L&T Infotech IPO | Parag Milk Foods IPO | |
|---|---|---|
| Anchor Investor Reservation | 52,50,000 shares | 1,51,03,935 shares |
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 1,03,74,752 shares |
| NII | 26,25,000 shares | 50,95,735 shares |
| RII | 61,25,000 shares | 33,97,155 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 1,75,00,000 shares | 3,42,71,577 shares |
L&T Infotech IPO subscribed 11.69x in total, whereas Parag Milk Foods IPO subscribed 1.83x.
| L&T Infotech IPO | Parag Milk Foods IPO | |
|---|---|---|
| QIB (times) | 19.91x | 1.15x |
| NII (times) | 10.76x | 3.08x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.39x | 2.12x |
| Employee (times) | 1.02x | |
| Other (times) | ||
| Total (times) | 11.69x | 1.83x |
