Comparison between Mahindra Logistics IPO and Reliance Nippon Life IPO.
Mahindra Logistics 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 Mahindra Logistics IPO is up to ₹828.88 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Mahindra Logistics IPO is ₹429.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.
| Mahindra Logistics IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹425.00 per share | ₹247.00 per share |
| Issue Price (Upper) | ₹429.00 per share | ₹252.00 per share |
| Issue Price (Final) | ₹429.00 per share | ₹252.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹42.00 per share | |
| Market Lot Size | 34 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 | 1,93,32,346 shares | 3,67,20,000 shares |
| OFS Issue Size (Amount) | up to ₹828.88 Cr | up to ₹925.34 Cr |
| Issue Size Total | 1,93,32,346 shares | 6,12,00,000 shares |
| Issue Size Total (Amount) | up to ₹828.88 Cr | up to ₹1,542.24 Cr |
Mahindra Logistics IPO opens on Oct 31, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Mahindra Logistics IPO and Reliance Nippon Life IPO is Nov 02, 2017, and Oct 27, 2017, respectively.
| Mahindra Logistics IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Bid Date | Oct 30, 2017 | Oct 24, 2017 |
| Issue Open | Oct 31, 2017 | Oct 25, 2017 |
| Issue Close | Nov 02, 2017 | Oct 27, 2017 |
| Basis Of Allotment (Tentative) | Nov 08, 2017 | Nov 01, 2017 |
| Initiation of Refunds (Tentative) | Nov 09, 2017 | Nov 03, 2017 |
| Credit of Share (Tentative) | Nov 09, 2017 | Nov 03, 2017 |
| Listing date (Tentative) | Nov 10, 2017 | Nov 06, 2017 |
| Anchor Lockin End date 1 | Dec 08, 2017 | Dec 01, 2017 |
| Anchor Lockin End date 2 | Feb 06, 2018 | Jan 30, 2018 |
Mahindra Logistics IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .
| Mahindra Logistics IPO | Reliance Nippon Life IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹3051.99 Cr. | ₹15422.40 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Mahindra Logistics IPO Retail Individual Investors (RII) are offered 67,22,572 shares while in Reliance Nippon Life IPO retail investors are offered 67,22,572 shares. Qualified Institutional Buyers (QIB) are offered 38,41,469 shares in Mahindra Logistics IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.
| Mahindra Logistics IPO | Reliance Nippon Life IPO | |
|---|---|---|
| Anchor Investor Reservation | 57,62,203 shares | 1,83,60,000 shares |
| Market Maker Reservation | ||
| QIB | 38,41,469 shares | 1,22,40,000 shares |
| NII | 28,81,102 shares | 91,80,000 shares |
| RII | 67,22,572 shares | 2,14,20,000 shares |
| Employee | 1,25,000 shares | |
| Others | ||
| Total | 1,93,32,346 shares | 6,12,00,000 shares |
Mahindra Logistics IPO subscribed 7.90x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.
| Mahindra Logistics IPO | Reliance Nippon Life IPO | |
|---|---|---|
| QIB (times) | 15.60x | 118.40x |
| NII (times) | 2.07x | 209.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 6.10x | 5.65x |
| Employee (times) | 1.94x | |
| Other (times) | ||
| Total (times) | 7.90x | 81.54x |
