Comparison between IndiGrid InvIT InvIT and PSP Projects IPO.
IndiGrid InvIT InvIT is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PSP Projects IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of IndiGrid InvIT InvIT is up to ₹2,249.96 Cr whereas the issue size of the PSP Projects IPO is up to ₹211.68 Cr. The final issue price of IndiGrid InvIT InvIT is ₹100.00 per share and of PSP Projects IPO is ₹210.00 per share.
| IndiGrid InvIT InvIT | PSP Projects IPO | |
|---|---|---|
| Face Value | ₹100 per share | ₹10 per share |
| Issue Price (Lower) | ₹98.00 per share | ₹205.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹210.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹210.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 10205 shares | 70 shares |
| Fresh Issue Size | 22,49,96,373 shares | 72,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹2,249.96 Cr | up to ₹151.20 Cr |
| OFS Issue Size | 0 shares | 28,80,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹60.48 Cr |
| Issue Size Total | 22,49,96,373 shares | 1,00,80,000 shares |
| Issue Size Total (Amount) | up to ₹2,249.96 Cr | up to ₹211.68 Cr |
IndiGrid InvIT InvIT opens on May 17, 2017, while PSP Projects IPO opens on May 17, 2017. The closing date of IndiGrid InvIT InvIT and PSP Projects IPO is May 19, 2017, and May 19, 2017, respectively.
| IndiGrid InvIT InvIT | PSP Projects IPO | |
|---|---|---|
| Anchor Bid Date | May 16, 2017 | May 16, 2017 |
| Issue Open | May 17, 2017 | May 17, 2017 |
| Issue Close | May 19, 2017 | May 19, 2017 |
| Basis Of Allotment (Tentative) | May 16, 2017 | May 24, 2017 |
| Initiation of Refunds (Tentative) | May 26, 2017 | |
| Credit of Share (Tentative) | May 26, 2017 | |
| Listing date (Tentative) | Jun 06, 2017 | May 29, 2017 |
| Anchor Lockin End date 1 | Jun 15, 2017 | Jun 23, 2017 |
| Anchor Lockin End date 2 | Aug 14, 2017 | Aug 22, 2017 |
IndiGrid InvIT InvIT P/E ratio is , as compared to PSP Projects IPO P/E ratio of .
| IndiGrid InvIT InvIT | PSP Projects IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹2702.00 Cr. | ₹756.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the IndiGrid InvIT InvIT Retail Individual Investors (RII) are offered 0 shares while in PSP Projects IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 6,75,02,484 shares in IndiGrid InvIT InvIT and 30,24,000 shares in PSP Projects IPO.
| IndiGrid InvIT InvIT | PSP Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,12,43,520 shares | 45,36,000 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 6,75,02,484 shares | 30,24,000 shares |
| NII | 5,62,50,369 shares | 15,12,000 shares |
| RII | 0 shares | 10,08,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 22,49,96,373 shares | 1,00,80,000 shares |
IndiGrid InvIT InvIT subscribed 1.35x in total, whereas PSP Projects IPO subscribed 8.58x.
| IndiGrid InvIT InvIT | PSP Projects IPO | |
|---|---|---|
| QIB (times) | 1.14x | 8.38x |
| NII (times) | 10.39x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.47x | |
| Employee (times) | ||
| Other (times) | 1.60x | |
| Total (times) | 1.35x | 8.58x |
