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General Insurance Corporation IPO vs Mahindra Logistics IPO

Comparision between General Insurance Corporation IPO and Mahindra Logistics IPO.

IPO Details

General Insurance Corporation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Mahindra Logistics 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 Mahindra Logistics IPO is up to ₹829.36 Cr. The final issue price of General Insurance Corporation IPO is ₹912.00 per share and of Mahindra Logistics IPO is ₹429.00 per share.

  General Insurance Corporation IPO Mahindra Logistics IPO
Face Value ₹5 per share ₹10 per share
Issue Price (Lower) ₹855.00 per share ₹425.00 per share
Issue Price (Upper) ₹912.00 per share ₹429.00 per share
Issue Price (Final) ₹912.00 per share ₹429.00 per share
Discount (Retail) ₹45.00 per share
Discount (Employee) ₹45.00 per share
Market Lot Size 16 shares 34 shares
Fresh Issue Size 1,72,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size 10,75,00,000 shares 1,93,32,346 shares
OFS Issue Size (Amount)
Issue Size Total 12,47,00,000 shares 1,93,32,346 shares
Issue Size Total (Amount) up to ₹11,175.84 Cr up to ₹829.36 Cr

IPO Timetable

General Insurance Corporation IPO opens on Oct 11, 2017, while Mahindra Logistics IPO opens on Oct 31, 2017. The closing date of General Insurance Corporation IPO and Mahindra Logistics IPO is Oct 13, 2017, and Nov 02, 2017, respectively.

  General Insurance Corporation IPO Mahindra Logistics IPO
Anchor Bid Date
Issue Open Oct 11, 2017 Oct 31, 2017
Issue Close Oct 13, 2017 Nov 02, 2017
Basis Of Allotment (Tentative) Oct 18, 2017 Nov 08, 2017
Initiation of Refunds (Tentative) Oct 23, 2017 Nov 09, 2017
Credit of Share (Tentative) Oct 24, 2017 Nov 09, 2017
Listing date (Tentative) Oct 25, 2017 Nov 10, 2017
Anchor Lockin End date 1 Nov 17, 2017 Dec 08, 2017
Anchor Lockin End date 2 Jan 16, 2018 Feb 06, 2018

Financials

General Insurance Corporation IPO P/E ratio is , as compared to Mahindra Logistics IPO P/E ratio of .

  General Insurance Corporation IPO Mahindra Logistics 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
Total Assets 8,167.17 5,914.67 5,188.47
Total Revenue 26,762.52 20,771.25 19,395.55
Profit After Tax 460.69 359.68 385.24
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 Mahindra Logistics 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 38,41,469 shares in Mahindra Logistics IPO.

  General Insurance Corporation IPO Mahindra Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB 6,22,77,900 shares 38,41,469 shares
NII 1,86,83,371 shares 28,81,102 shares
RII 4,35,94,532 shares 67,22,572 shares
Employee 1,44,197 shares 1,25,000 shares
Others
Total 12,47,00,000 shares 1,35,70,143 shares

Bids Received (Subscription)

General Insurance Corporation IPO subscribed 1.38x in total, whereas Mahindra Logistics IPO subscribed 7.90x.

  General Insurance Corporation IPO Mahindra Logistics IPO
QIB (times) 2.25x 15.60x
NII (times) 0.22x 2.07x
Big NII (times)
Small NII (times)
RII (times) 0.63x 6.10x
Employee (times) 0.94x 1.94x
Other (times)
Total (times) 1.38x 7.90x

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