General Insurance Corporation IPO vs Indian Energy Exchange IPO

Comparision between General Insurance Corporation IPO and Indian Energy Exchange IPO.

IPO Details

General Insurance Corporation IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Indian Energy Exchange IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	General Insurance Corporation IPO	Indian Energy Exchange 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 Bank Limited Iifl Securities Ltd 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 Indian Energy Exchange IPO is up to ₹1,000.73 Cr. The final issue price of General Insurance Corporation IPO is ₹912.00 per share and of Indian Energy Exchange IPO is ₹1,650.00 per share.

	General Insurance Corporation IPO	Indian Energy Exchange IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹855.00 per share	₹1,645.00 per share
Issue Price (Upper)	₹912.00 per share	₹1,650.00 per share
Issue Price (Final)	₹912.00 per share	₹1,650.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	16 shares	9 shares
Fresh Issue Size	1,72,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size	10,75,00,000 shares	60,65,009 shares
OFS Issue Size (Amount)
Issue Size Total	12,47,00,000 shares	60,65,009 shares
Issue Size Total (Amount)	up to ₹11,175.84 Cr	up to ₹1,000.73 Cr

IPO Timetable

General Insurance Corporation IPO opens on Oct 11, 2017, while Indian Energy Exchange IPO opens on Oct 09, 2017. The closing date of General Insurance Corporation IPO and Indian Energy Exchange IPO is Oct 13, 2017, and Oct 11, 2017, respectively.

	General Insurance Corporation IPO	Indian Energy Exchange IPO
Anchor Bid Date
Issue Open	Oct 11, 2017	Oct 09, 2017
Issue Close	Oct 13, 2017	Oct 11, 2017
Basis Of Allotment (Tentative)	Oct 18, 2017
Initiation of Refunds (Tentative)	Oct 23, 2017
Credit of Share (Tentative)	Oct 24, 2017
Listing date (Tentative)	Oct 25, 2017
Anchor Lockin End date 1	Nov 17, 2017
Anchor Lockin End date 2	Jan 16, 2018

Financials

General Insurance Corporation IPO P/E ratio is , as compared to Indian Energy Exchange IPO P/E ratio of .

General Insurance Corporation IPO

Indian Energy Exchange 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 (Restated)
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	5,517.14	4,237.55	4,057.37	3,688.67	2,822.16
Total Revenue	2,374.23	2,001.40	1,763.78	1,739.90	1,383.65
Profit After Tax	1,135.65	1,003.40	900.18	919.45	662.96

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 Indian Energy Exchange 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 12,13,002 shares in Indian Energy Exchange IPO.

	General Insurance Corporation IPO	Indian Energy Exchange IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,22,77,900 shares	12,13,002 shares
NII	1,86,83,371 shares	9,09,752 shares
RII	4,35,94,532 shares	21,22,754 shares
Employee	1,44,197 shares
Others
Total	12,47,00,000 shares	42,45,508 shares

Bids Received (Subscription)

General Insurance Corporation IPO subscribed 1.38x in total, whereas Indian Energy Exchange IPO subscribed 2.28x.

	General Insurance Corporation IPO	Indian Energy Exchange IPO
QIB (times)	2.25x	2.56x
NII (times)	0.22x	0.85x
Big NII (times)
Small NII (times)
RII (times)	0.63x	2.61x
Employee (times)	0.94x
Other (times)
Total (times)	1.38x	2.28x

Compare with others

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

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