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General Insurance Corporation IPO vs ICICI Lombard IPO

Comparision between General Insurance Corporation IPO and ICICI Lombard IPO.

IPO Details

General Insurance Corporation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while ICICI Lombard IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of General Insurance Corporation IPO is up to ₹11,175.84 Cr whereas the issue size of the ICICI Lombard IPO is up to ₹5,700.94 Cr. The final issue price of General Insurance Corporation IPO is ₹912.00 per share and of ICICI Lombard IPO is ₹661.00 per share.

  General Insurance Corporation IPO ICICI Lombard IPO
Face Value ₹5 per share ₹10 per share
Issue Price (Lower) ₹855.00 per share ₹651.00 per share
Issue Price (Upper) ₹912.00 per share ₹661.00 per share
Issue Price (Final) ₹912.00 per share ₹661.00 per share
Discount (Retail) ₹45.00 per share
Discount (Employee) ₹45.00 per share
Market Lot Size 16 shares 22 shares
Fresh Issue Size 1,72,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size 10,75,00,000 shares
OFS Issue Size (Amount)
Issue Size Total 12,47,00,000 shares 8,62,47,187 shares
Issue Size Total (Amount) up to ₹11,175.84 Cr up to ₹5,700.94 Cr

IPO Timetable

General Insurance Corporation IPO opens on Oct 11, 2017, while ICICI Lombard IPO opens on Sep 15, 2017. The closing date of General Insurance Corporation IPO and ICICI Lombard IPO is Oct 13, 2017, and Sep 19, 2017, respectively.

  General Insurance Corporation IPO ICICI Lombard IPO
Anchor Bid Date
Issue Open Oct 11, 2017 Sep 15, 2017
Issue Close Oct 13, 2017 Sep 19, 2017
Basis Of Allotment (Tentative) Oct 18, 2017 Sep 22, 2017
Initiation of Refunds (Tentative) Oct 23, 2017 Sep 25, 2017
Credit of Share (Tentative) Oct 24, 2017 Sep 26, 2017
Listing date (Tentative) Oct 25, 2017 Sep 27, 2017
Anchor Lockin End date 1 Nov 17, 2017 Oct 22, 2017
Anchor Lockin End date 2 Jan 16, 2018 Dec 21, 2017

Financials

General Insurance Corporation IPO P/E ratio is , as compared to ICICI Lombard IPO P/E ratio of .

  General Insurance Corporation IPO ICICI Lombard IPO
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 485,269.54 406,375.76 430,986.15 332,005.86 281,390.59
Total Revenue 36,441.79 32,340.78 30,995.34 26,985.09 25,111.20
Profit After Tax 28,578.52 26,549.18 28,026.85 23,218.42 22,888.64
Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 48,885.8 35,445.0 32,414.2 25,070.8 20,290.5
Total Revenue 9,836.5 7,242.2 7,424.4 5,563.1 4,162.1
Profit After Tax 6,418.2 5,053.4 5,853.2 5,200.7 3,527.8
Promoter Shareholding (Pre-Issue)
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the General Insurance Corporation IPO retail investors (RII) are offered 4,35,94,532 shares while in ICICI Lombard IPO retail investors are offered 4,35,94,532 shares. Qualified institutional buyers (QIB) are offered 6,22,77,900 shares in General Insurance Corporation IPO and 1,63,86,966 shares in ICICI Lombard IPO.

  General Insurance Corporation IPO ICICI Lombard IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB 6,22,77,900 shares 1,63,86,966 shares
NII 1,86,83,371 shares 1,22,90,225 shares
RII 4,35,94,532 shares 2,86,77,190 shares
Employee 1,44,197 shares
Others
Total 12,47,00,000 shares 6,16,66,740 shares

Bids Received (Subscription)

General Insurance Corporation IPO subscribed 1.38x in total, whereas ICICI Lombard IPO subscribed 2.98x.

  General Insurance Corporation IPO ICICI Lombard IPO
QIB (times) 2.25x 8.17x
NII (times) 0.22x 0.83x
Big NII (times)
Small NII (times)
RII (times) 0.63x 1.23x
Employee (times) 0.94x
Other (times) 0.99x
Total (times) 1.38x 2.98x

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