LIC IPO vs Veranda Learning Solutions IPO

Comparison between LIC IPO and Veranda Learning Solutions IPO.

IPO Details

LIC IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Veranda Learning Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of LIC IPO is up to ₹20,557.23 Cr whereas the issue size of the Veranda Learning Solutions IPO is up to ₹200.00 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Veranda Learning Solutions IPO is ₹137.00 per share.

 LIC IPOVeranda Learning Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹902.00 per share₹130.00 per share
Issue Price (Upper)₹949.00 per share₹137.00 per share
Issue Price (Final)₹949.00 per share₹137.00 per share
Discount (Retail)₹45.00 per share₹0.00 per share
Discount (Employee)₹45.00 per share
Market Lot Size15 shares100 shares
Fresh Issue Size0 shares1,45,98,540 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹200.00 Cr
OFS Issue Size22,13,74,920 shares0 shares
OFS Issue Size (Amount)up to ₹20,557.23 Crup to ₹0.00 Cr
Issue Size Total22,13,74,920 shares1,45,98,540 shares
Issue Size Total (Amount)up to ₹20,557.23 Crup to ₹200.00 Cr

IPO Timetable

LIC IPO opens on May 04, 2022, while Veranda Learning Solutions IPO opens on Mar 29, 2022. The closing date of LIC IPO and Veranda Learning Solutions IPO is May 09, 2022, and Mar 31, 2022, respectively.

 LIC IPOVeranda Learning Solutions IPO
Anchor Bid DateMay 03, 2022Mar 28, 2022
Issue OpenMay 04, 2022Mar 29, 2022
Issue CloseMay 09, 2022Mar 31, 2022
Basis Of Allotment (Tentative)May 12, 2022Apr 05, 2022
Initiation of Refunds (Tentative)May 13, 2022Apr 06, 2022
Credit of Share (Tentative)May 16, 2022Apr 06, 2022
Listing date (Tentative)May 17, 2022Apr 11, 2022
Anchor Lockin End date 1Jun 11, 2022May 05, 2022
Anchor Lockin End date 2Aug 10, 2022Jul 04, 2022

Financials & KPIs

LIC IPO P/E ratio is 201.91, as compared to Veranda Learning Solutions IPO P/E ratio of .

 LIC IPOVeranda Learning Solutions IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10089.22
Promoter Shareholding (Post-Issue)96.5065.87
P/E Ratio201.91
Market Cap₹600242.28 Cr.₹764.12 Cr.
ROE134.12
ROCE17.84
Debt/Equity-99.75
EPS₹4.70₹-7.29
RoNW45.65

Shares Offered

In the LIC IPO Retail Individual Investors (RII) are offered 6,91,79,663 shares while in Veranda Learning Solutions 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 75,36,405 shares in Veranda Learning Solutions IPO.

 LIC IPOVeranda Learning Solutions IPO
Anchor Investor Reservation5,92,96,853 shares34,12,500 shares
Market Maker Reservation
QIB3,95,31,236 shares75,36,405 shares
NII2,96,48,427 shares21,89,781 shares
RII6,91,79,663 shares14,59,854 shares
Employee15,81,249 shares
Others
Total22,13,74,920 shares1,45,98,540 shares

Bids Received (Subscription)

LIC IPO subscribed 2.95x in total, whereas Veranda Learning Solutions IPO subscribed 3.53x.

 LIC IPOVeranda Learning Solutions IPO
QIB (times)2.83x2.02x
NII (times)2.91x3.87x
Big NII (times)
Small NII (times)
RII (times)1.99x10.76x
Employee (times)4.40x
Other (times)6.12x
Total (times)2.95x3.53x

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LIC IPO Vs Veranda Learning Solutions IPO