Comparison between Indian Energy Exchange IPO and Reliance Nippon Life IPO.
Indian Energy Exchange IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Reliance Nippon Life IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Indian Energy Exchange IPO is up to ₹1,000.73 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Indian Energy Exchange IPO is ₹1,650.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| Indian Energy Exchange IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹1,645.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹1,650.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹1,650.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 9 shares | 59 shares |
| Fresh Issue Size | 0 shares | 2,44,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹616.90 Cr |
| OFS Issue Size | 60,65,009 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹1,000.73 Cr | up to ₹925.34 Cr |
| Issue Size Total | 60,65,009 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,000.73 Cr | up to ₹1,542.24 Cr |
Indian Energy Exchange IPO opens on Oct 09, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Indian Energy Exchange IPO and Reliance Nippon Life IPO is Oct 11, 2017, and Oct 27, 2017, respectively.
| Indian Energy Exchange IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Oct 06, 2017 | Oct 24, 2017 |
| Issue Open | Oct 09, 2017 | Oct 25, 2017 |
| Issue Close | Oct 11, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Nov 01, 2017 | |
| Initiation of Refunds (Tentative) | Nov 03, 2017 | |
| Credit of Share (Tentative) | Nov 03, 2017 | |
| Listing date (Tentative) | Oct 23, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Dec 01, 2017 | |
| Anchor Lockin End date 2 | Jan 30, 2018 |
Indian Energy Exchange IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| Indian Energy Exchange IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹5004.22 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Indian Energy Exchange IPO Retail Individual Investors (RII) are offered 21,22,754 shares while in Reliance Nippon Life IPO retail investors are offered 21,22,754 shares. Qualified Institutional Buyers (QIB) are offered 12,13,002 shares in Indian Energy Exchange IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| Indian Energy Exchange IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 18,19,501 shares | 1,83,60,000 shares |
| Market Maker Reservation | ||
| QIB | 12,13,002 shares | 1,22,40,000 shares |
| NII | 9,09,752 shares | 91,80,000 shares |
| RII | 21,22,754 shares | 2,14,20,000 shares |
| Employee | ||
| Others | ||
| Total | 60,65,009 shares | 6,12,00,000 shares |
Indian Energy Exchange IPO subscribed 2.22x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| Indian Energy Exchange IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 2.56x | 118.40x |
| NII (times) | 0.85x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.61x | 5.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.22x | 81.54x |
