Comparison between L&T Infotech IPO and Quess Corp IPO.
L&T Infotech IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quess Corp 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 Quess Corp IPO is up to ₹400.00 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of Quess Corp IPO is ₹317.00 per share.
| L&T Infotech IPO | Quess Corp IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹705.00 per share | ₹310.00 per share |
| Issue Price (Upper) | ₹710.00 per share | ₹317.00 per share |
| Issue Price (Final) | ₹710.00 per share | ₹317.00 per share |
| Discount (Retail) | ₹10.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 20 shares | 45 shares |
| Fresh Issue Size | 0 shares | 1,26,18,297 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 1,75,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,236.38 Cr | up to ₹0.00 Cr |
| Issue Size Total | 1,75,00,000 shares | 1,26,18,297 shares |
| Issue Size Total (Amount) | up to ₹1,236.38 Cr | up to ₹400.00 Cr |
L&T Infotech IPO opens on Jul 11, 2016, while Quess Corp IPO opens on Jun 29, 2016. The closing date of L&T Infotech IPO and Quess Corp IPO is Jul 13, 2016, and Jul 01, 2016, respectively.
| L&T Infotech IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2016 | Jun 28, 2016 |
| Issue Open | Jul 11, 2016 | Jun 29, 2016 |
| Issue Close | Jul 13, 2016 | Jul 01, 2016 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Jul 21, 2016 | Jul 12, 2016 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Infotech IPO P/E ratio is , as compared to Quess Corp IPO P/E ratio of .
| L&T Infotech IPO | Quess Corp IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.51 | ||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹12058.89 Cr. | ₹3992.72 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 49.52% | 24.28% |
In the L&T Infotech IPO Retail Individual Investors (RII) are offered 61,25,000 shares while in Quess Corp 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 37,85,490 shares in Quess Corp IPO.
| L&T Infotech IPO | Quess Corp IPO | |
|---|---|---|
| Anchor Investor Reservation | 52,50,000 shares | 56,78,234 shares |
| Market Maker Reservation | ||
| QIB | 35,00,000 shares | 37,85,490 shares |
| NII | 26,25,000 shares | 18,92,744 shares |
| RII | 61,25,000 shares | 12,61,829 shares |
| Employee | ||
| Others | ||
| Total | 1,75,00,000 shares | 1,26,18,297 shares |
L&T Infotech IPO subscribed 11.69x in total, whereas Quess Corp IPO subscribed 143.99x.
| L&T Infotech IPO | Quess Corp IPO | |
|---|---|---|
| QIB (times) | 19.91x | 59.02x |
| NII (times) | 10.76x | 392.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 7.39x | 31.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 11.69x | 143.99x |
