IndiGo IPO vs Syngene International IPO

Comparision between IndiGo IPO and Syngene International IPO.

IPO Details

IndiGo IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Syngene International IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	IndiGo IPO	Syngene International 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	Barclays Securities (India) Private Limited Citigroup Global Markets India Private Limited J.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd Ubs Securities India Private Limited	Axis Bank Limited Credit Suisse Securities (India) Private Limited Jefferies India Private 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 IndiGo IPO is up to ₹3,018.24 Cr whereas the issue size of the Syngene International IPO is up to ₹550.00 Cr. The final issue price of IndiGo IPO is ₹765.00 per share and of Syngene International IPO is ₹250.00 per share.

	IndiGo IPO	Syngene International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹700.00 per share	₹240.00 per share
Issue Price (Upper)	₹765.00 per share	₹250.00 per share
Issue Price (Final)	₹765.00 per share	₹250.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	15 shares	60 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹1,272.20 Cr
OFS Issue Size	2,28,24,018 shares
OFS Issue Size (Amount)
Issue Size Total		2,20,00,000 shares
Issue Size Total (Amount)	up to ₹3,018.24 Cr	up to ₹550.00 Cr

IPO Timetable

IndiGo IPO opens on Oct 27, 2015, while Syngene International IPO opens on Jul 27, 2015. The closing date of IndiGo IPO and Syngene International IPO is Oct 29, 2015, and Jul 29, 2015, respectively.

	IndiGo IPO	Syngene International IPO
Anchor Bid Date
Issue Open	Oct 27, 2015	Jul 27, 2015
Issue Close	Oct 29, 2015	Jul 29, 2015
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

IndiGo IPO P/E ratio is , as compared to Syngene International IPO P/E ratio of .

IndiGo IPO

Syngene International IPO

Financial

Particulars	For the year/period ended (in Rs. Million)
	31 Mar 15	31 Mar 14	31 Mar 13	31 Mar 12
Total Income		114,321.18	94,402.34	57,086.20
Profit After Tax (PAT)		4,733.27	7,833.57	1,405.94

Particulars	For the year/period ended (in Rs. Million)
	31 Dec 14	31 Mar 14	31 Mar 13	31 Mar 12
Total Income	6,175	7,077	5,542	4,182
Profit After Tax (PAT)	1,194	1,348	1,021	710

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the IndiGo IPO retail investors (RII) are offered 1,35,79,407 shares while in Syngene International IPO retail investors are offered 1,35,79,407 shares. Qualified institutional buyers (QIB) are offered 85,22,935 shares in IndiGo IPO and 40,00,000 shares in Syngene International IPO.

	IndiGo IPO	Syngene International IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	85,22,935 shares	40,00,000 shares
NII	58,19,746 shares	30,00,000 shares
RII	1,35,79,407 shares	70,00,000 shares
Employee	22,00,000 shares
Others
Total	2,42,41,380 shares	1,60,00,000 shares

Bids Received (Subscription)

IndiGo IPO subscribed 6.15x in total, whereas Syngene International IPO subscribed 32.05x.

	IndiGo IPO	Syngene International IPO
QIB (times)	17.80x	51.47x
NII (times)	3.57x	90.24x
Big NII (times)
Small NII (times)
RII (times)	0.92x	4.78x
Employee (times)	0.13x
Other (times)		1.37x
Total (times)	6.15x	32.05x

Compare with others

IndiGo IPO	Syngene International IPO
Dr Lal PathLabs IPO	IndiGo IPO
S H Kelkar IPO	Prabhat Dairy IPO
Cafe Coffee Day IPO	Pennar Engineered IPO
Sadbhav Infra IPO	Navkar Corporation IPO
Shree Pushkar Chemicals IPO	Power Mech Projects IPO
Prabhat Dairy IPO	Manpasand Beverages IPO
Pennar Engineered IPO	PNC Infratech IPO
Navkar Corporation IPO	UFO Moviez IPO
Power Mech Projects IPO	MEP Infrastructure IPO
Syngene International IPO	VRL Logistics IPO

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