Delhivery IPO vs LIC IPO

Comparision between Delhivery IPO and LIC IPO.

IPO Details

Delhivery IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while LIC IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Delhivery IPO	LIC 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	Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd Bofa Securities India Limited Citigroup Global Markets India Private Limited	Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited Goldman Sachs (India) Securities Private Limited ICICI Securities Limited J.P. Morgan India Private Limited Jm Financial Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Delhivery IPO is up to ₹5,235.00 Cr whereas the issue size of the LIC IPO is up to ₹21,008.48 Cr. The final issue price of Delhivery IPO is ₹487.00 per share and of LIC IPO is ₹949.00 per share.

	Delhivery IPO	LIC IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹462.00 per share	₹902.00 per share
Issue Price (Upper)	₹487.00 per share	₹949.00 per share
Issue Price (Final)	₹487.00 per share	₹949.00 per share
Discount (Retail)		₹45.00 per share
Discount (Employee)	₹25.00 per share	₹45.00 per share
Market Lot Size	30 shares	15 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹4,000.00 Cr
OFS Issue Size		22,13,74,920 shares
OFS Issue Size (Amount)	up to ₹1,235.00 Cr	up to ₹21,008.48 Cr
Issue Size Total		22,13,74,920 shares
Issue Size Total (Amount)	up to ₹5,235.00 Cr	up to ₹21,008.48 Cr

IPO Timetable

Delhivery IPO opens on May 11, 2022, while LIC IPO opens on May 04, 2022. The closing date of Delhivery IPO and LIC IPO is May 13, 2022, and May 09, 2022, respectively.

	Delhivery IPO	LIC IPO
Anchor Bid Date
Issue Open	May 11, 2022	May 04, 2022
Issue Close	May 13, 2022	May 09, 2022
Basis Of Allotment (Tentative)	May 19, 2022	May 12, 2022
Initiation of Refunds (Tentative)	May 20, 2022	May 13, 2022
Credit of Share (Tentative)	May 23, 2022	May 16, 2022
Listing date (Tentative)	May 24, 2022	May 17, 2022
Anchor Lockin End date 1	Jun 18, 2022	Jun 11, 2022
Anchor Lockin End date 2	Aug 17, 2022	Aug 10, 2022

Financials

Delhivery IPO P/E ratio is -67.3, as compared to LIC IPO P/E ratio of 201.91.

Delhivery IPO

LIC IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Dec-21	31-Dec-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	84,294.83	47,847.56	45,977.98	43,573.08	40,625.45
Total Revenue	49,114.06	28,065.29	38,382.91	29,886.29	16,948.74
Profit After Tax	-8,911.39	-2,974.92	-4,157.43	-2,689.26	-17,833.04

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	40,907,867.78	37,464,044.68	34,141,745.74	33,663,346.17
Profit After Tax	17,153.12	29,741.39	27,104.78	26,273.78

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

96.50%

P/E Ratio

-67.3

201.91

Market Cap

₹35283.22 Cr.

₹600242.28 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Delhivery IPO retail investors (RII) are offered 1,12,87,878 shares while in LIC IPO retail investors are offered 1,12,87,878 shares. Qualified institutional buyers (QIB) are offered 3,38,63,662 shares in Delhivery IPO and 3,95,31,236 shares in LIC IPO.

	Delhivery IPO	LIC IPO
Anchor Investor Reserveration		5,92,96,853 shares
Market Maker Reserveration
QIB	3,38,63,662 shares	3,95,31,236 shares
NII	1,69,31,818 shares	2,96,48,427 shares
RII	1,12,87,878 shares	6,91,79,663 shares
Employee	4,57,665 shares	15,81,249 shares
Others
Total	6,25,41,023 shares	16,20,78,067 shares

Bids Received (Subscription)

Delhivery IPO subscribed 1.63x in total, whereas LIC IPO subscribed 2.95x.

	Delhivery IPO	LIC IPO
QIB (times)	2.66x	2.83x
NII (times)	0.30x	2.91x
Big NII (times)
Small NII (times)
RII (times)	0.57x	1.99x
Employee (times)	0.27x	4.40x
Other (times)	0.00x	6.12x
Total (times)	1.63x	2.95x

Compare with others

Delhivery IPO	LIC IPO
Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
Veranda Learning IPO	Ethos Limited IPO
Uma Exports IPO	Hariom Pipe Industries IPO
LIC IPO	Veranda Learning IPO
Manyavar IPO	Uma Exports IPO
AGS Transact IPO	Manyavar IPO
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Tracxn Technologies IPO	AGS Transact IPO
Supriya Lifescience IPO	CMS Info Systems IPO
Medplus Health IPO	Tracxn Technologies IPO

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