Comparison between GIC IPO and SBI Life Insurance IPO.
GIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while SBI Life Insurance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of GIC IPO is up to ₹11,256.83 Cr whereas the issue size of the SBI Life Insurance IPO is up to ₹8,388.73 Cr. The final issue price of GIC IPO is ₹912.00 per share and of SBI Life Insurance IPO is ₹700.00 per share.
| GIC IPO | SBI Life Insurance IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹855.00 per share | ₹685.00 per share |
| Issue Price (Upper) | ₹912.00 per share | ₹700.00 per share |
| Issue Price (Final) | ₹912.00 per share | ₹700.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | ₹68.00 per share |
| Market Lot Size | 16 shares | 21 shares |
| Fresh Issue Size | 1,72,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹1,552.67 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 10,75,00,000 shares | 12,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹9,704.16 Cr | up to ₹8,388.73 Cr |
| Issue Size Total | 12,47,00,000 shares | 12,00,00,000 shares |
| Issue Size Total (Amount) | up to ₹11,256.83 Cr | up to ₹8,388.73 Cr |
GIC IPO opens on Oct 11, 2017, while SBI Life Insurance IPO opens on Sep 20, 2017. The closing date of GIC IPO and SBI Life Insurance IPO is Oct 13, 2017, and Sep 22, 2017, respectively.
| GIC IPO | SBI Life Insurance IPO | |
|---|---|---|
| Anchor Bid Date | Sep 19, 2017 | |
| Issue Open | Oct 11, 2017 | Sep 20, 2017 |
| Issue Close | Oct 13, 2017 | Sep 22, 2017 |
| Basis Of Allotment (Tentative) | Oct 18, 2017 | Sep 27, 2017 |
| Initiation of Refunds (Tentative) | Oct 23, 2017 | Sep 28, 2017 |
| Credit of Share (Tentative) | Oct 24, 2017 | Sep 29, 2017 |
| Listing date (Tentative) | Oct 25, 2017 | Oct 03, 2017 |
| Anchor Lockin End date 1 | Oct 27, 2017 | |
| Anchor Lockin End date 2 | Dec 26, 2017 |
GIC IPO P/E ratio is , as compared to SBI Life Insurance IPO P/E ratio of .
| GIC IPO | SBI Life Insurance IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹80000.64 Cr. | ₹70000.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the GIC IPO Retail Individual Investors (RII) are offered 4,35,97,850 shares while in SBI Life Insurance IPO retail investors are offered 4,35,97,850 shares. Qualified Institutional Buyers (QIB) are offered 6,22,82,640 shares in GIC IPO and 2,12,00,000 shares in SBI Life Insurance IPO.
| GIC IPO | SBI Life Insurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,18,00,000 shares | |
| Market Maker Reservation | 0 shares | |
| QIB | 6,22,82,640 shares | 2,12,00,000 shares |
| NII | 1,86,84,793 shares | 1,59,00,000 shares |
| RII | 4,35,97,850 shares | 3,71,00,000 shares |
| Employee | 1,34,717 shares | 20,00,000 shares |
| Others | ||
| Total | 12,47,00,000 shares | 12,00,00,000 shares |
GIC IPO subscribed 1.38x in total, whereas SBI Life Insurance IPO subscribed 3.56x.
| GIC IPO | SBI Life Insurance IPO | |
|---|---|---|
| QIB (times) | 2.25x | 12.56x |
| NII (times) | 0.22x | 0.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.63x | 0.81x |
| Employee (times) | 0.94x | 1.02x |
| Other (times) | ||
| Total (times) | 1.38x | 3.56x |
