Comparison between ICICI Prudential Life IPO and RBL Bank IPO.
ICICI Prudential Life IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while RBL Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of ICICI Prudential Life IPO is up to ₹6,056.79 Cr whereas the issue size of the RBL Bank IPO is up to ₹1,212.97 Cr. The final issue price of ICICI Prudential Life IPO is ₹334.00 per share and of RBL Bank IPO is ₹225.00 per share.
| ICICI Prudential Life IPO | RBL Bank IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹300.00 per share | ₹224.00 per share |
| Issue Price (Upper) | ₹334.00 per share | ₹225.00 per share |
| Issue Price (Final) | ₹334.00 per share | ₹225.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 44 shares | 65 shares |
| Fresh Issue Size | 0 shares | 3,70,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹832.50 Cr |
| OFS Issue Size | 18,13,41,058 shares | 1,69,09,628 shares |
| OFS Issue Size (Amount) | up to ₹6,056.79 Cr | up to ₹380.47 Cr |
| Issue Size Total | 18,13,41,058 shares | 5,39,09,628 shares |
| Issue Size Total (Amount) | up to ₹6,056.79 Cr | up to ₹1,212.97 Cr |
ICICI Prudential Life IPO opens on Sep 19, 2016, while RBL Bank IPO opens on Aug 19, 2016. The closing date of ICICI Prudential Life IPO and RBL Bank IPO is Sep 21, 2016, and Aug 23, 2016, respectively.
| ICICI Prudential Life IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Bid Date | Sep 16, 2016 | Aug 18, 2016 |
| Issue Open | Sep 19, 2016 | Aug 19, 2016 |
| Issue Close | Sep 21, 2016 | Aug 23, 2016 |
| Basis Of Allotment (Tentative) | Sep 26, 2016 | |
| Initiation of Refunds (Tentative) | Sep 27, 2016 | |
| Credit of Share (Tentative) | Sep 28, 2016 | |
| Listing date (Tentative) | Sep 29, 2016 | Aug 31, 2016 |
| Anchor Lockin End date 1 | Oct 26, 2016 | |
| Anchor Lockin End date 2 | Dec 25, 2016 |
ICICI Prudential Life IPO P/E ratio is , as compared to RBL Bank IPO P/E ratio of .
| ICICI Prudential Life IPO | RBL Bank IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹47939.82 Cr. | ₹8320.70 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the ICICI Prudential Life IPO Retail Individual Investors (RII) are offered 5,71,22,434 shares while in RBL Bank IPO retail investors are offered 5,71,22,434 shares. Qualified Institutional Buyers (QIB) are offered 3,26,41,391 shares in ICICI Prudential Life IPO and 1,07,81,926 shares in RBL Bank IPO.
| ICICI Prudential Life IPO | RBL Bank IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,89,62,085 shares | 1,61,72,887 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 3,26,41,391 shares | 1,07,81,926 shares |
| NII | 2,44,81,043 shares | 80,86,445 shares |
| RII | 5,71,22,434 shares | 1,88,68,370 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 18,13,41,058 shares | 5,39,09,628 shares |
ICICI Prudential Life IPO subscribed 10.48x in total, whereas RBL Bank IPO subscribed 69.62x.
| ICICI Prudential Life IPO | RBL Bank IPO | |
|---|---|---|
| QIB (times) | 11.83x | 85.08x |
| NII (times) | 28.55x | 198.06x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.42x | 5.70x |
| Employee (times) | ||
| Other (times) | 12.20x | |
| Total (times) | 10.48x | 69.62x |
