GNA Axles IPO vs PNB Housing Finance IPO

Comparision between GNA Axles IPO and PNB Housing Finance IPO.

IPO Details

GNA Axles IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while PNB Housing Finance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	GNA Axles IPO	PNB Housing Finance 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	Ambit Private Limited Pnb Investment Services Ltd	Bofa Securities India Limited J.P. Morgan India Private Limited Jm Financial Limited Jm Morgan Stanley Private Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	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 GNA Axles IPO is up to ₹130.41 Cr whereas the issue size of the PNB Housing Finance IPO is up to ₹3,000.75 Cr. The final issue price of GNA Axles IPO is ₹207.00 per share and of PNB Housing Finance IPO is ₹775.00 per share.

	GNA Axles IPO	PNB Housing Finance IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹205.00 per share	₹750.00 per share
Issue Price (Upper)	₹207.00 per share	₹775.00 per share
Issue Price (Final)	₹207.00 per share	₹775.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	70 shares	19 shares
Fresh Issue Size	63,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	63,00,000 shares	3,87,19,309 shares
Issue Size Total (Amount)	up to ₹130.41 Cr	up to ₹3,000.75 Cr

IPO Timetable

GNA Axles IPO opens on Sep 14, 2016, while PNB Housing Finance IPO opens on Oct 25, 2016. The closing date of GNA Axles IPO and PNB Housing Finance IPO is Sep 16, 2016, and Oct 27, 2016, respectively.

	GNA Axles IPO	PNB Housing Finance IPO
Anchor Bid Date
Issue Open	Sep 14, 2016	Oct 25, 2016
Issue Close	Sep 16, 2016	Oct 27, 2016
Basis Of Allotment (Tentative)	Sep 21, 2016
Initiation of Refunds (Tentative)	Sep 22, 2016
Credit of Share (Tentative)	Sep 23, 2016
Listing date (Tentative)	Sep 26, 2016
Anchor Lockin End date 1	Oct 21, 2016
Anchor Lockin End date 2	Dec 20, 2016

Financials

GNA Axles IPO P/E ratio is , as compared to PNB Housing Finance IPO P/E ratio of .

GNA Axles IPO

PNB Housing Finance IPO

Financial

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	4,465.32	4,264.62	3,818.51	3,178.77	2,674.52
Total Revenue	5,089.43	4,306.44	4,042.48	3,490.51	3,986.66
Profit After Tax (PAT)	259.56	215.98	132.65	48.14	169.34

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	As at 30-Jun-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	346,816.49	296,724.99	190,352.37	115,395.76	76,550.74	44,362.56
Total Revenue	8,634.36	26,995.43	17,803.83	11,203.22	6,663.02	4,610.00
Profit After Tax (PAT)	960.28	3,275.66	1,940.70	1,296.97	928.20	774.46

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the GNA Axles IPO retail investors (RII) are offered 21,35,000 shares while in PNB Housing Finance IPO retail investors are offered 21,35,000 shares. Qualified institutional buyers (QIB) are offered 12,20,000 shares in GNA Axles IPO and 79,52,500 shares in PNB Housing Finance IPO.

	GNA Axles IPO	PNB Housing Finance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	12,20,000 shares	79,52,500 shares
NII	9,15,000 shares	59,62,500 shares
RII	21,35,000 shares	1,39,12,500 shares
Employee	2,00,000 shares	2,50,000 shares
Others
Total	44,70,000 shares	2,80,77,500 shares

Bids Received (Subscription)

GNA Axles IPO subscribed 54.88x in total, whereas PNB Housing Finance IPO subscribed 29.53x.

	GNA Axles IPO	PNB Housing Finance IPO
QIB (times)	17.18x	37.33x
NII (times)	217.47x	86.17x
Big NII (times)
Small NII (times)
RII (times)	11.84x	1.32x
Employee (times)	0.31x	0.46x
Other (times)
Total (times)	54.88x	29.53x

Compare with others

GNA Axles IPO	PNB Housing Finance IPO
Sheela Foam IPO	CDSL IPO
PNB Housing Finance IPO	DMart IPO
Varun Beverages IPO	BSE Limited IPO
Endurance Technologies IPO	Laurus Labs IPO
HPL Electric IPO	Sheela Foam IPO
L&T Technology IPO	Varun Beverages IPO
ICICI Prudential Life IPO	Endurance Technologies IPO
RBL Bank IPO	HPL Electric IPO
S P Apparels IPO	GNA Axles IPO
Dilip Buildcon IPO	L&T Technology IPO

Comments

Add a public comment...