ICICI Prudential Life IPO vs Varun Beverages IPO

Comparision between ICICI Prudential Life IPO and Varun Beverages IPO.

IPO Details

ICICI Prudential Life IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Varun Beverages IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ICICI Prudential Life IPO	Varun Beverages 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	Bofa Securities India Limited Deutsche Equities India Private Limited Edelweiss Financial Services Ltd Hsbc Securities & Capital Markets Pvt Ltd ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited SBI Capital Markets Limited Ubs Securities India Private Limited	Axis Capital Limited Clsa India Private Limited Kotak Mahindra Capital Company Limited Yes Bank 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 ICICI Prudential Life IPO is up to ₹6,056.79 Cr whereas the issue size of the Varun Beverages IPO is up to ₹1,112.50 Cr. The final issue price of ICICI Prudential Life IPO is ₹334.00 per share and of Varun Beverages IPO is ₹445.00 per share.

	ICICI Prudential Life IPO	Varun Beverages IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹300.00 per share	₹440.00 per share
Issue Price (Upper)	₹334.00 per share	₹445.00 per share
Issue Price (Final)	₹334.00 per share	₹445.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	33 shares
Fresh Issue Size		2,50,00,000 shares
Fresh Issue Size (Amount)		up to ₹1,112.50 Cr
OFS Issue Size	18,13,41,058 shares
OFS Issue Size (Amount)
Issue Size Total	18,13,41,058 shares	2,50,00,000 shares
Issue Size Total (Amount)	up to ₹6,056.79 Cr	up to ₹1,112.50 Cr

IPO Timetable

ICICI Prudential Life IPO opens on Sep 19, 2016, while Varun Beverages IPO opens on Oct 26, 2016. The closing date of ICICI Prudential Life IPO and Varun Beverages IPO is Sep 21, 2016, and Oct 28, 2016, respectively.

	ICICI Prudential Life IPO	Varun Beverages IPO
Anchor Bid Date
Issue Open	Sep 19, 2016	Oct 26, 2016
Issue Close	Sep 21, 2016	Oct 28, 2016
Basis Of Allotment (Tentative)	Sep 26, 2016	Nov 03, 2016
Initiation of Refunds (Tentative)	Sep 27, 2016	Nov 04, 2016
Credit of Share (Tentative)	Sep 28, 2016	Nov 07, 2016
Listing date (Tentative)	Sep 29, 2016	Nov 08, 2016
Anchor Lockin End date 1	Oct 26, 2016	Dec 03, 2016
Anchor Lockin End date 2	Dec 25, 2016	Feb 01, 2017

Financials

ICICI Prudential Life IPO P/E ratio is , as compared to Varun Beverages IPO P/E ratio of .

ICICI Prudential Life IPO

Varun Beverages IPO

Financial

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	31-Mar-12
Total Assets	1,025,637.0	990,573.2	801,027.5	740,839.2	716,880.0
Total Revenue	18,122.4	16,775.5	16,607.1	21,910.5	18,244.6
Profit After Tax (PAT)	16,527.2	16,403.5	15,613.5	15,154.1	13,856.9

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Dec-15	31-Dec-14	31-Dec-13	31-Dec-12
Total Assets	44,374.50	32,950.08	29,893.68	25,548.04
Total Revenue	34,084.30	25,170.96	21,325.03	18,441.90
Profit After Tax (PAT)	870.38	(201.56)	(395.30)	251.08

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the ICICI Prudential Life IPO retail investors (RII) are offered 5,71,22,434 shares while in Varun Beverages IPO retail investors are offered 5,71,22,434 shares. Qualified institutional buyers (QIB) are offered 3,26,41,391 shares in ICICI Prudential Life IPO and 49,00,000 shares in Varun Beverages IPO.

	ICICI Prudential Life IPO	Varun Beverages IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	3,26,41,391 shares	49,00,000 shares
NII	2,44,81,043 shares	36,75,000 shares
RII	5,71,22,434 shares	85,75,000 shares
Employee		5,00,000 shares
Others
Total	13,23,78,973 shares	1,76,50,000 shares

Bids Received (Subscription)

ICICI Prudential Life IPO subscribed 10.48x in total, whereas Varun Beverages IPO subscribed 1.86x.

	ICICI Prudential Life IPO	Varun Beverages IPO
QIB (times)	11.83x	4.94x
NII (times)	28.55x	0.42x
Big NII (times)
Small NII (times)
RII (times)	1.42x	0.82x
Employee (times)		0.05x
Other (times)	12.20x
Total (times)	10.48x	1.86x

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L&T Infotech IPO	ICICI Prudential Life IPO

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