General Insurance Corporation IPO vs Mahindra Logistics IPO

Comparision between General Insurance Corporation IPO and Mahindra Logistics IPO.

IPO Details

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

	General Insurance Corporation IPO	Mahindra Logistics 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 Kotak Mahindra Capital Company Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Mahindra Logistics IPO is up to ₹829.36 Cr. The final issue price of General Insurance Corporation IPO is ₹912.00 per share and of Mahindra Logistics IPO is ₹429.00 per share.

	General Insurance Corporation IPO	Mahindra Logistics IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹855.00 per share	₹425.00 per share
Issue Price (Upper)	₹912.00 per share	₹429.00 per share
Issue Price (Final)	₹912.00 per share	₹429.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	16 shares	34 shares
Fresh Issue Size	1,72,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size	10,75,00,000 shares	1,93,32,346 shares
OFS Issue Size (Amount)
Issue Size Total	12,47,00,000 shares	1,93,32,346 shares
Issue Size Total (Amount)	up to ₹11,175.84 Cr	up to ₹829.36 Cr

IPO Timetable

General Insurance Corporation IPO opens on Oct 11, 2017, while Mahindra Logistics IPO opens on Oct 31, 2017. The closing date of General Insurance Corporation IPO and Mahindra Logistics IPO is Oct 13, 2017, and Nov 02, 2017, respectively.

	General Insurance Corporation IPO	Mahindra Logistics IPO
Anchor Bid Date
Issue Open	Oct 11, 2017	Oct 31, 2017
Issue Close	Oct 13, 2017	Nov 02, 2017
Basis Of Allotment (Tentative)	Oct 18, 2017	Nov 08, 2017
Initiation of Refunds (Tentative)	Oct 23, 2017	Nov 09, 2017
Credit of Share (Tentative)	Oct 24, 2017	Nov 09, 2017
Listing date (Tentative)	Oct 25, 2017	Nov 10, 2017
Anchor Lockin End date 1	Nov 17, 2017	Dec 08, 2017
Anchor Lockin End date 2	Jan 16, 2018	Feb 06, 2018

Financials

General Insurance Corporation IPO P/E ratio is , as compared to Mahindra Logistics IPO P/E ratio of .

General Insurance Corporation IPO

Mahindra Logistics 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 (Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	8,167.17	5,914.67	5,188.47
Total Revenue	26,762.52	20,771.25	19,395.55
Profit After Tax	460.69	359.68	385.24

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 Mahindra Logistics 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 38,41,469 shares in Mahindra Logistics IPO.

	General Insurance Corporation IPO	Mahindra Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,22,77,900 shares	38,41,469 shares
NII	1,86,83,371 shares	28,81,102 shares
RII	4,35,94,532 shares	67,22,572 shares
Employee	1,44,197 shares	1,25,000 shares
Others
Total	12,47,00,000 shares	1,35,70,143 shares

Bids Received (Subscription)

General Insurance Corporation IPO subscribed 1.38x in total, whereas Mahindra Logistics IPO subscribed 7.90x.

	General Insurance Corporation IPO	Mahindra Logistics IPO
QIB (times)	2.25x	15.60x
NII (times)	0.22x	2.07x
Big NII (times)
Small NII (times)
RII (times)	0.63x	6.10x
Employee (times)	0.94x	1.94x
Other (times)
Total (times)	1.38x	7.90x

Compare with others

General Insurance Corporation IPO	Mahindra Logistics IPO
HDFC Life IPO	Future Supply Chain IPO
Khadim India IPO	Astron Paper IPO
New India Assurance IPO	HDFC Life IPO
Mahindra Logistics IPO	Khadim India IPO
Reliance Nippon Life IPO	New India Assurance IPO
Indian Energy Exchange IPO	Reliance Nippon Life IPO
MAS Financial IPO	General Insurance Corporation IPO
Godrej Agrovet IPO	Indian Energy Exchange IPO
ICICI Lombard IPO	MAS Financial IPO
SBI Life Insurance IPO	Godrej Agrovet IPO

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