Comparison between LIC IPO and Tracxn Technologies IPO.
LIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of LIC IPO is up to ₹20,557.23 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.
| LIC IPO | Tracxn Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹902.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹949.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹949.00 per share | ₹80.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 15 shares | 185 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 22,13,74,920 shares | 3,86,72,208 shares |
| OFS Issue Size (Amount) | up to ₹20,557.23 Cr | up to ₹309.38 Cr |
| Issue Size Total | 22,13,74,920 shares | 3,86,72,208 shares |
| Issue Size Total (Amount) | up to ₹20,557.23 Cr | up to ₹309.38 Cr |
LIC IPO opens on May 04, 2022, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of LIC IPO and Tracxn Technologies IPO is May 09, 2022, and Oct 12, 2022, respectively.
| LIC IPO | Tracxn Technologies IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2022 | Oct 07, 2022 |
| Issue Open | May 04, 2022 | Oct 10, 2022 |
| Issue Close | May 09, 2022 | Oct 12, 2022 |
| Basis Of Allotment (Tentative) | May 12, 2022 | Oct 17, 2022 |
| Initiation of Refunds (Tentative) | May 13, 2022 | Oct 18, 2022 |
| Credit of Share (Tentative) | May 16, 2022 | Oct 19, 2022 |
| Listing date (Tentative) | May 17, 2022 | Oct 20, 2022 |
| Anchor Lockin End date 1 | Jun 11, 2022 | Nov 16, 2022 |
| Anchor Lockin End date 2 | Aug 10, 2022 | Jan 15, 2023 |
LIC IPO P/E ratio is 201.91, as compared to Tracxn Technologies IPO P/E ratio of 240.
| LIC IPO | Tracxn Technologies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 50.93 | ||||
| Promoter Shareholding (Post-Issue) | 96.50 | 35.65 | ||||
| P/E Ratio | 201.91 | 240 | ||||
| Market Cap | ₹600242.28 Cr. | ₹802.48 Cr. | ||||
| ROE | -24 | |||||
| ROCE | -28 | |||||
| Debt/Equity | ||||||
| EPS | ₹4.70 | ₹-0.48 | ||||
| RoNW | 45.65 | -23.49 |
In the LIC IPO Retail Individual Investors (RII) are offered 6,91,79,663 shares while in Tracxn Technologies IPO retail investors are offered 6,91,79,663 shares. Qualified Institutional Buyers (QIB) are offered 3,95,31,236 shares in LIC IPO and 1,16,01,663 shares in Tracxn Technologies IPO.
| LIC IPO | Tracxn Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,96,853 shares | 1,74,02,494 shares |
| Market Maker Reservation | ||
| QIB | 3,95,31,236 shares | 1,16,01,663 shares |
| NII | 2,96,48,427 shares | 58,00,831 shares |
| RII | 6,91,79,663 shares | 38,67,220 shares |
| Employee | 15,81,249 shares | |
| Others | ||
| Total | 22,13,74,920 shares | 3,86,72,208 shares |
LIC IPO subscribed 2.95x in total, whereas Tracxn Technologies IPO subscribed 2.01x.
| LIC IPO | Tracxn Technologies IPO | |
|---|---|---|
| QIB (times) | 2.83x | 1.66x |
| NII (times) | 2.91x | 0.80x |
| Big NII (times) | 0.72x | |
| Small NII (times) | 0.94x | |
| RII (times) | 1.99x | 4.87x |
| Employee (times) | 4.40x | |
| Other (times) | 6.12x | |
| Total (times) | 2.95x | 2.01x |
