Endurance Technologies IPO vs L&T Technology IPO

Comparision between Endurance Technologies IPO and L&T Technology IPO.

IPO Details

Endurance Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while L&T Technology IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Endurance Technologies IPO	L&T Technology IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Axis Capital Limited Citigroup Global Markets India Private Limited	Bofa Securities India Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Endurance Technologies IPO is up to ₹1,161.73 Cr whereas the issue size of the L&T Technology IPO is up to ₹894.40 Cr. The final issue price of Endurance Technologies IPO is ₹472.00 per share and of L&T Technology IPO is ₹860.00 per share.

	Endurance Technologies IPO	L&T Technology IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹467.00 per share	₹850.00 per share
Issue Price (Upper)	₹472.00 per share	₹860.00 per share
Issue Price (Final)	₹472.00 per share	₹860.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	16 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,46,13,024 shares	1,04,00,000 shares
OFS Issue Size (Amount)	up to ₹1,161.73 Cr
Issue Size Total	2,46,13,024 shares	1,04,00,000 shares
Issue Size Total (Amount)	up to ₹1,161.73 Cr	up to ₹894.40 Cr

IPO Timetable

Endurance Technologies IPO opens on Oct 05, 2016, while L&T Technology IPO opens on Sep 12, 2016. The closing date of Endurance Technologies IPO and L&T Technology IPO is Oct 07, 2016, and Sep 15, 2016, respectively.

	Endurance Technologies IPO	L&T Technology IPO
Anchor Bid Date
Issue Open	Oct 05, 2016	Sep 12, 2016
Issue Close	Oct 07, 2016	Sep 15, 2016
Basis Of Allotment (Tentative)	Oct 17, 2016	Sep 20, 2016
Initiation of Refunds (Tentative)	Oct 18, 2016	Sep 21, 2016
Credit of Share (Tentative)	Oct 18, 2016	Sep 22, 2016
Listing date (Tentative)	Oct 19, 2016	Sep 23, 2016
Anchor Lockin End date 1	Nov 16, 2016	Oct 20, 2016
Anchor Lockin End date 2	Jan 15, 2017	Dec 19, 2016

Financials

Endurance Technologies IPO P/E ratio is , as compared to L&T Technology IPO P/E ratio of .

Endurance Technologies IPO

L&T Technology IPO

Financial

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	As at 30-Jun-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	21,805.34	19,917.30	18,796.98	19,442.64	19,072.74	19,139.43
Total Revenue	9,705.22	36,958.85	35,400.09	31,450.63	27,377.65	27,855.36
Profit After Tax (PAT)	538.81	2,055.96	1,813.99	1,500.31	1,009.79	1,060.48

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	18,227.27	17,144.82	6,368.91	0.50
Total Revenue	29,694.04	25,856.22	1,222.00	-
Profit After Tax (PAT)	4,342.36	3,151.77	62.14	(0.03)

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Endurance Technologies IPO retail investors (RII) are offered 86,14,559 shares while in L&T Technology IPO retail investors are offered 86,14,559 shares. Qualified institutional buyers (QIB) are offered 49,22,605 shares in Endurance Technologies IPO and 20,80,000 shares in L&T Technology IPO.

	Endurance Technologies IPO	L&T Technology IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	49,22,605 shares	20,80,000 shares
NII	36,91,954 shares	15,60,000 shares
RII	86,14,559 shares	36,40,000 shares
Employee
Others
Total	1,72,29,118 shares	72,80,000 shares

Bids Received (Subscription)

Endurance Technologies IPO subscribed 43.84x in total, whereas L&T Technology IPO subscribed 2.52x.

	Endurance Technologies IPO	L&T Technology IPO
QIB (times)	53.43x	5.01x
NII (times)	127.07x	1.03x
Big NII (times)
Small NII (times)
RII (times)	2.69x	1.74x
Employee (times)
Other (times)
Total (times)	43.84x	2.52x

Compare with others

Endurance Technologies IPO	L&T Technology IPO
BSE Limited IPO	PNB Housing Finance IPO
Laurus Labs IPO	Varun Beverages IPO
Sheela Foam IPO	Endurance Technologies IPO
PNB Housing Finance IPO	HPL Electric IPO
Varun Beverages IPO	GNA Axles IPO
HPL Electric IPO	ICICI Prudential Life IPO
GNA Axles IPO	RBL Bank IPO
L&T Technology IPO	S P Apparels IPO
ICICI Prudential Life IPO	Dilip Buildcon IPO
RBL Bank IPO	Advanced Enzyme IPO

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