General Insurance Corporation IPO vs Godrej Agrovet IPO

Comparision between General Insurance Corporation IPO and Godrej Agrovet IPO.

IPO Details

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

	General Insurance Corporation IPO	Godrej Agrovet 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 Deutsche Equities India Private Limited Hsbc Securities & Capital Markets Pvt Ltd Kotak Mahindra Capital Company Limited	Axis Capital Limited Credit Suisse Securities (India) Private Limited Kotak Mahindra Capital Company Limited
Registrar	Kfin Technologies Limited	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 General Insurance Corporation IPO is up to ₹11,175.84 Cr whereas the issue size of the Godrej Agrovet IPO is up to ₹1,157.31 Cr. The final issue price of General Insurance Corporation IPO is ₹912.00 per share and of Godrej Agrovet IPO is ₹460.00 per share.

	General Insurance Corporation IPO	Godrej Agrovet IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹855.00 per share	₹450.00 per share
Issue Price (Upper)	₹912.00 per share	₹460.00 per share
Issue Price (Final)	₹912.00 per share	₹460.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	16 shares	32 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
Issue Size Total (Amount)	up to ₹11,175.84 Cr	up to ₹1,157.31 Cr

IPO Timetable

General Insurance Corporation IPO opens on Oct 11, 2017, while Godrej Agrovet IPO opens on Oct 04, 2017. The closing date of General Insurance Corporation IPO and Godrej Agrovet IPO is Oct 13, 2017, and Oct 06, 2017, respectively.

	General Insurance Corporation IPO	Godrej Agrovet IPO
Anchor Bid Date
Issue Open	Oct 11, 2017	Oct 04, 2017
Issue Close	Oct 13, 2017	Oct 06, 2017
Basis Of Allotment (Tentative)	Oct 18, 2017	Oct 12, 2017
Initiation of Refunds (Tentative)	Oct 23, 2017	Oct 13, 2017
Credit of Share (Tentative)	Oct 24, 2017	Oct 13, 2017
Listing date (Tentative)	Oct 25, 2017	Oct 16, 2017
Anchor Lockin End date 1	Nov 17, 2017	Nov 11, 2017
Anchor Lockin End date 2	Jan 16, 2018	Jan 10, 2018

Financials

General Insurance Corporation IPO P/E ratio is , as compared to Godrej Agrovet IPO P/E ratio of .

General Insurance Corporation IPO

Godrej Agrovet 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

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 Godrej Agrovet 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 50,82,882 shares in Godrej Agrovet IPO.

	General Insurance Corporation IPO	Godrej Agrovet IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,22,77,900 shares	50,82,882 shares
NII	1,86,83,371 shares	37,50,042 shares
RII	4,35,94,532 shares	87,50,096 shares
Employee	1,44,197 shares	4,44,444 shares
Others
Total	12,47,00,000 shares	1,80,27,464 shares

Bids Received (Subscription)

General Insurance Corporation IPO subscribed 1.38x in total, whereas Godrej Agrovet IPO subscribed 95.16x.

	General Insurance Corporation IPO	Godrej Agrovet IPO
QIB (times)	2.25x	150.96x
NII (times)	0.22x	236.04x
Big NII (times)
Small NII (times)
RII (times)	0.63x	7.16x
Employee (times)	0.94x	0.81x
Other (times)
Total (times)	1.38x	95.16x

Compare with others

General Insurance Corporation IPO	Godrej Agrovet IPO
HDFC Life IPO	Mahindra Logistics IPO
Khadim India IPO	Reliance Nippon Life IPO
New India Assurance IPO	General Insurance Corporation IPO
Mahindra Logistics IPO	Indian Energy Exchange IPO
Reliance Nippon Life IPO	MAS Financial IPO
Indian Energy Exchange IPO	ICICI Lombard IPO
MAS Financial IPO	SBI Life Insurance IPO
Godrej Agrovet IPO	Capacite Infra IPO
ICICI Lombard IPO	Matrimony IPO
SBI Life Insurance IPO	Prataap Snacks

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