Comparison between L&T Technology IPO and Varun Beverages IPO.
L&T Technology IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Varun Beverages IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of L&T Technology IPO is up to ₹894.40 Cr whereas the issue size of the Varun Beverages IPO is up to ₹1,112.50 Cr. The final issue price of L&T Technology IPO is ₹860.00 per share and of Varun Beverages IPO is ₹445.00 per share.
| L&T Technology IPO | Varun Beverages IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹10 per share |
| Issue Price (Lower) | ₹850.00 per share | ₹440.00 per share |
| Issue Price (Upper) | ₹860.00 per share | ₹445.00 per share |
| Issue Price (Final) | ₹860.00 per share | ₹445.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 16 shares | 33 shares |
| Fresh Issue Size | 0 shares | 1,50,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹667.50 Cr |
| OFS Issue Size | 1,04,00,000 shares | 1,00,00,000 shares |
| OFS Issue Size (Amount) | up to ₹894.40 Cr | up to ₹445.00 Cr |
| Issue Size Total | 1,04,00,000 shares | 2,50,00,000 shares |
| Issue Size Total (Amount) | up to ₹894.40 Cr | up to ₹1,112.50 Cr |
L&T Technology IPO opens on Sep 12, 2016, while Varun Beverages IPO opens on Oct 26, 2016. The closing date of L&T Technology IPO and Varun Beverages IPO is Sep 15, 2016, and Oct 28, 2016, respectively.
| L&T Technology IPO | Varun Beverages IPO | |
|---|---|---|
| Anchor Bid Date | Sep 09, 2016 | Oct 25, 2016 |
| Issue Open | Sep 12, 2016 | Oct 26, 2016 |
| Issue Close | Sep 15, 2016 | Oct 28, 2016 |
| Basis Of Allotment (Tentative) | Sep 20, 2016 | Nov 03, 2016 |
| Initiation of Refunds (Tentative) | Sep 21, 2016 | Nov 04, 2016 |
| Credit of Share (Tentative) | Sep 22, 2016 | Nov 07, 2016 |
| Listing date (Tentative) | Sep 23, 2016 | Nov 08, 2016 |
| Anchor Lockin End date 1 | Oct 20, 2016 | Dec 03, 2016 |
| Anchor Lockin End date 2 | Dec 19, 2016 | Feb 01, 2017 |
L&T Technology IPO P/E ratio is , as compared to Varun Beverages IPO P/E ratio of .
| L&T Technology IPO | Varun Beverages IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | ||||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹8745.37 Cr. | ₹8096.84 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the L&T Technology IPO Retail Individual Investors (RII) are offered 36,40,000 shares while in Varun Beverages IPO retail investors are offered 36,40,000 shares. Qualified Institutional Buyers (QIB) are offered 20,80,000 shares in L&T Technology IPO and 49,00,000 shares in Varun Beverages IPO.
| L&T Technology IPO | Varun Beverages IPO | |
|---|---|---|
| Anchor Investor Reservation | 31,20,000 shares | 73,50,000 shares |
| Market Maker Reservation | ||
| QIB | 20,80,000 shares | 49,00,000 shares |
| NII | 15,60,000 shares | 36,75,000 shares |
| RII | 36,40,000 shares | 85,75,000 shares |
| Employee | 5,00,000 shares | |
| Others | ||
| Total | 1,04,00,000 shares | 2,50,00,000 shares |
L&T Technology IPO subscribed 2.52x in total, whereas Varun Beverages IPO subscribed 1.86x.
| L&T Technology IPO | Varun Beverages IPO | |
|---|---|---|
| QIB (times) | 5.01x | 4.94x |
| NII (times) | 1.03x | 0.42x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.74x | 0.82x |
| Employee (times) | 0.05x | |
| Other (times) | ||
| Total (times) | 2.52x | 1.86x |
