Comparison between L&T Finance Holdings IPO and Tree House Education IPO.
L&T Finance Holdings IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Tree House Education 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 Tree House Education IPO is up to ₹112.06 Cr. The final issue price of L&T Finance Holdings IPO is ₹52.00 per share and of Tree House Education IPO is ₹135.00 per share.
| L&T Finance Holdings IPO | Tree House Education IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | ₹135.00 per share |
| Issue Price (Upper) | ₹59.00 per share | ₹153.00 per share |
| Issue Price (Final) | ₹52.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹6.00 per share |
| Discount (Employee) | ₹2.00 per share | |
| Market Lot Size | 100 shares | 40 shares |
| Fresh Issue Size | 23,77,05,361 shares | 84,32,189 shares |
| Fresh Issue Size (Amount) | up to ₹1,245.00 Cr | up to ₹112.06 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 | 84,32,189 shares |
| Issue Size Total (Amount) | up to ₹1,245.00 Cr | up to ₹112.06 Cr |
L&T Finance Holdings IPO opens on Jul 27, 2011, while Tree House Education IPO opens on Aug 10, 2011. The closing date of L&T Finance Holdings IPO and Tree House Education IPO is Jul 29, 2011, and Aug 12, 2011, respectively.
| L&T Finance Holdings IPO | Tree House Education IPO | |
|---|---|---|
| Anchor Bid Date | Jul 26, 2011 | Aug 09, 2011 |
| Issue Open | Jul 27, 2011 | Aug 10, 2011 |
| Issue Close | Jul 29, 2011 | Aug 12, 2011 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Aug 12, 2011 | Aug 26, 2011 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
L&T Finance Holdings IPO P/E ratio is , as compared to Tree House Education IPO P/E ratio of .
| L&T Finance Holdings IPO | Tree House Education IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 95.94 | 39.47 | ||||
| Promoter Shareholding (Post-Issue) | 82.64 | 29.6 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹8916.59 Cr. | ₹455.16 Cr. | ||||
| ROE | 5.7 | |||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW | 13.58 | 7.5 |
In the L&T Finance Holdings IPO Retail Individual Investors (RII) are offered 7,16,19,953 shares while in Tree House Education 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 29,51,267 shares in Tree House Education IPO.
| L&T Finance Holdings IPO | Tree House Education IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,73,30,300 shares | 12,64,828 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 7,49,83,920 shares | 29,51,267 shares |
| NII | 3,06,94,265 shares | 12,64,828 shares |
| RII | 7,16,19,953 shares | 29,51,266 shares |
| Employee | 1,00,00,000 shares | |
| Others | ||
| Total | 23,77,05,361 shares | 84,32,189 shares |
L&T Finance Holdings IPO subscribed 5.33x in total, whereas Tree House Education IPO subscribed 1.85x.
| L&T Finance Holdings IPO | Tree House Education IPO | |
|---|---|---|
| QIB (times) | 1.93x | 1.02x |
| NII (times) | 6.18x | 1.68x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 9.61x | 2.76x |
| Employee (times) | 1.53x | |
| Other (times) | 3.35x | |
| Total (times) | 5.33x | 1.85x |
