Comparison between LIC IPO and Vedant Fashions IPO.
LIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vedant Fashions 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 Vedant Fashions IPO is up to ₹3,149.19 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Vedant Fashions IPO is ₹866.00 per share.
| LIC IPO | Vedant Fashions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹902.00 per share | ₹824.00 per share |
| Issue Price (Upper) | ₹949.00 per share | ₹866.00 per share |
| Issue Price (Final) | ₹949.00 per share | ₹866.00 per share |
| Discount (Retail) | ₹45.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹45.00 per share | |
| Market Lot Size | 15 shares | 17 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 | 3,63,64,838 shares |
| OFS Issue Size (Amount) | up to ₹20,557.23 Cr | up to ₹3,149.19 Cr |
| Issue Size Total | 22,13,74,920 shares | 3,63,64,838 shares |
| Issue Size Total (Amount) | up to ₹20,557.23 Cr | up to ₹3,149.19 Cr |
LIC IPO opens on May 04, 2022, while Vedant Fashions IPO opens on Feb 04, 2022. The closing date of LIC IPO and Vedant Fashions IPO is May 09, 2022, and Feb 08, 2022, respectively.
| LIC IPO | Vedant Fashions IPO | |
|---|---|---|
| Anchor Bid Date | May 03, 2022 | Feb 03, 2022 |
| Issue Open | May 04, 2022 | Feb 04, 2022 |
| Issue Close | May 09, 2022 | Feb 08, 2022 |
| Basis Of Allotment (Tentative) | May 12, 2022 | Feb 11, 2022 |
| Initiation of Refunds (Tentative) | May 13, 2022 | Feb 14, 2022 |
| Credit of Share (Tentative) | May 16, 2022 | Feb 15, 2022 |
| Listing date (Tentative) | May 17, 2022 | Feb 16, 2022 |
| Anchor Lockin End date 1 | Jun 11, 2022 | Mar 13, 2022 |
| Anchor Lockin End date 2 | Aug 10, 2022 | May 12, 2022 |
LIC IPO P/E ratio is 201.91, as compared to Vedant Fashions IPO P/E ratio of 106.78.
| LIC IPO | Vedant Fashions IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 92.40 | ||||
| Promoter Shareholding (Post-Issue) | 96.50 | 84.9 | ||||
| P/E Ratio | 201.91 | 106.78 | ||||
| Market Cap | ₹600242.28 Cr. | ₹21017.37 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ₹4.70 | ₹5.36 | ||||
| RoNW | 45.65 | 12.19 |
In the LIC IPO Retail Individual Investors (RII) are offered 6,91,79,663 shares while in Vedant Fashions 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 72,72,968 shares in Vedant Fashions IPO.
| LIC IPO | Vedant Fashions IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,92,96,853 shares | 1,09,09,450 shares |
| Market Maker Reservation | ||
| QIB | 3,95,31,236 shares | 72,72,968 shares |
| NII | 2,96,48,427 shares | 54,54,726 shares |
| RII | 6,91,79,663 shares | 1,27,27,694 shares |
| Employee | 15,81,249 shares | |
| Others | ||
| Total | 22,13,74,920 shares | 3,63,64,838 shares |
LIC IPO subscribed 2.95x in total, whereas Vedant Fashions IPO subscribed 2.57x.
| LIC IPO | Vedant Fashions IPO | |
|---|---|---|
| QIB (times) | 2.83x | 7.49x |
| NII (times) | 2.91x | 1.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.99x | 0.39x |
| Employee (times) | 4.40x | |
| Other (times) | 6.12x | |
| Total (times) | 2.95x | 2.57x |
