Comparison between L&T Finance Holdings IPO and TD Power Systems IPO.
L&T Finance Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TD Power Systems IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of L&T Finance Holdings IPO is up to ₹1,245.00 Cr whereas the issue size of the TD Power Systems IPO is up to ₹227.00 Cr. The final issue price of L&T Finance Holdings IPO is ₹52.00 per share and of TD Power Systems IPO is ₹256.00 per share.
| L&T Finance Holdings IPO | TD Power Systems IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹256.00 per share |
| Issue Price (Upper) | ₹59.00 per share | ₹261.00 per share |
| Issue Price (Final) | ₹52.00 per share | ₹256.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹2.00 per share | |
| Market Lot Size | 100 shares | 25 shares |
| Fresh Issue Size | 23,77,05,361 shares | 88,67,187 shares |
| Fresh Issue Size (Amount) | up to ₹1,245.00 Cr | up to ₹227.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 23,77,05,361 shares | 88,67,187 shares |
| Issue Size Total (Amount) | up to ₹1,245.00 Cr | up to ₹227.00 Cr |
L&T Finance Holdings IPO opens on Jul 27, 2011, while TD Power Systems IPO opens on Aug 24, 2011. The closing date of L&T Finance Holdings IPO and TD Power Systems IPO is Jul 29, 2011, and Aug 26, 2011, respectively.
| L&T Finance Holdings IPO | TD Power Systems IPO | |
|---|---|---|
| Anchor Bid Date | Jul 26, 2011 | Aug 23, 2011 |
| Issue Open | Jul 27, 2011 | Aug 24, 2011 |
| Issue Close | Jul 29, 2011 | Aug 26, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 12, 2011 | Sep 08, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Finance Holdings IPO P/E ratio is , as compared to TD Power Systems IPO P/E ratio of .
| L&T Finance Holdings IPO | TD Power Systems IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 95.94 | 89.45 | ||||
| Promoter Shareholding (Post-Issue) | 82.64 | 65.59 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8916.59 Cr. | ₹850.88 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 13.58 | 30.25 |
In the L&T Finance Holdings IPO Retail Individual Investors (RII) are offered 7,16,19,953 shares while in TD Power Systems IPO retail investors are offered 7,16,19,953 shares. Qualified Institutional Buyers (QIB) are offered 7,49,83,920 shares in L&T Finance Holdings IPO and 31,29,042 shares in TD Power Systems IPO.
| L&T Finance Holdings IPO | TD Power Systems IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,73,30,300 shares | 13,04,550 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 7,49,83,920 shares | 31,29,042 shares |
| NII | 3,06,94,265 shares | 13,30,079 shares |
| RII | 7,16,19,953 shares | 31,03,516 shares |
| Employee | 1,00,00,000 shares | |
| Others | ||
| Total | 23,77,05,361 shares | 88,67,187 shares |
L&T Finance Holdings IPO subscribed 5.33x in total, whereas TD Power Systems IPO subscribed 2.92x.
| L&T Finance Holdings IPO | TD Power Systems IPO | |
|---|---|---|
| QIB (times) | 1.93x | 6.52x |
| NII (times) | 6.18x | 0.38x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.61x | 0.38x |
| Employee (times) | 1.53x | |
| Other (times) | 3.35x | |
| Total (times) | 5.33x | 2.92x |
