HDFC Life IPO vs Newgen Software IPO

Comparision between HDFC Life IPO and Newgen Software IPO.

IPO Details

HDFC Life IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Newgen Software IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	HDFC Life IPO	Newgen Software 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	Clsa India Private Limited Credit Suisse Securities (India) Private Limited Edelweiss Financial Services Ltd Haitong Securities India Private Limited Hdfc Bank Limited Idfc Bank Limited Iifl Securities Ltd Morgan Stanley India Company Pvt Ltd Nomura Financial Advisory And Securities (India) Pvt Ltd Ubs Securities India Private Limited	ICICI Securities Limited Idfc Bank 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 HDFC Life IPO is up to ₹8,695.01 Cr whereas the issue size of the Newgen Software IPO is up to ₹424.62 Cr. The final issue price of HDFC Life IPO is ₹290.00 per share and of Newgen Software IPO is ₹245.00 per share.

	HDFC Life IPO	Newgen Software IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹275.00 per share	₹240.00 per share
Issue Price (Upper)	₹290.00 per share	₹245.00 per share
Issue Price (Final)	₹290.00 per share	₹245.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	61 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹95.00 Cr
OFS Issue Size	29,98,27,818 shares	1,34,53,932 shares
OFS Issue Size (Amount)
Issue Size Total	29,98,27,818 shares
Issue Size Total (Amount)	up to ₹8,695.01 Cr	up to ₹424.62 Cr

IPO Timetable

HDFC Life IPO opens on Nov 07, 2017, while Newgen Software IPO opens on Jan 16, 2018. The closing date of HDFC Life IPO and Newgen Software IPO is Nov 09, 2017, and Jan 18, 2018, respectively.

	HDFC Life IPO	Newgen Software IPO
Anchor Bid Date
Issue Open	Nov 07, 2017	Jan 16, 2018
Issue Close	Nov 09, 2017	Jan 18, 2018
Basis Of Allotment (Tentative)	Nov 14, 2017	Jan 23, 2018
Initiation of Refunds (Tentative)	Nov 15, 2017	Jan 24, 2018
Credit of Share (Tentative)	Nov 16, 2017	Jan 25, 2018
Listing date (Tentative)	Nov 17, 2017	Jan 29, 2018
Anchor Lockin End date 1	Dec 14, 2017	Feb 22, 2018
Anchor Lockin End date 2	Feb 12, 2018	Apr 23, 2018

Financials

HDFC Life IPO P/E ratio is , as compared to Newgen Software IPO P/E ratio of .

HDFC Life IPO

Newgen Software IPO

Financial

Summary of financial Information (Restated 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	4,467.11	3,892.55	3,243.41	2,650.47	1,578.12
Total Revenue	4,337.65	3,496.70	3,162.13	2,551.65	2,055.49
Profit After Tax	523.62	278.20	463.80	410.81	369.55

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the HDFC Life IPO retail investors (RII) are offered 9,34,13,431 shares while in Newgen Software IPO retail investors are offered 9,34,13,431 shares. Qualified institutional buyers (QIB) are offered 5,33,79,158 shares in HDFC Life IPO and 35,06,688 shares in Newgen Software IPO.

	HDFC Life IPO	Newgen Software IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	5,33,79,158 shares	35,06,688 shares
NII	4,00,34,328 shares	26,11,840 shares
RII	9,34,13,431 shares	60,94,293 shares
Employee	29,49,520 shares
Others
Total	21,97,59,218 shares	1,22,12,821 shares

Bids Received (Subscription)

HDFC Life IPO subscribed 4.89x in total, whereas Newgen Software IPO subscribed 8.25x.

	HDFC Life IPO	Newgen Software IPO
QIB (times)	16.60x	15.62x
NII (times)	2.29x	5.52x
Big NII (times)
Small NII (times)
RII (times)	0.91x	5.18x
Employee (times)	1.22x
Other (times)	0.29x
Total (times)	4.89x	8.25x

Compare with others

HDFC Life IPO	Newgen Software IPO
Newgen Software IPO	Bandhan Bank IPO
Apollo Micro Systems IPO	HG Infra IPO
Shalby Hospital IPO	Aster DM Healthcare IPO
Future Supply Chain IPO	Galaxy Surfactants IPO
Astron Paper IPO	Amber Enterprises IPO
Khadim India IPO	Apollo Micro Systems IPO
New India Assurance IPO	Shalby Hospital IPO
Mahindra Logistics IPO	Future Supply Chain IPO
Reliance Nippon Life IPO	Astron Paper IPO
General Insurance Corporation IPO	HDFC Life IPO

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