Mahindra Logistics IPO vs Reliance Nippon Life IPO

Comparision between Mahindra Logistics IPO and Reliance Nippon Life IPO.

IPO Details

Mahindra Logistics IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Reliance Nippon Life IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Mahindra Logistics IPO	Reliance Nippon Life 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 Bank Limited Kotak Mahindra Capital Company Limited	Axis Capital Limited Clsa India Private Limited Edelweiss Financial Services Ltd Iifl Securities Ltd Jm Financial Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited Yes Bank Limited
Registrar	Link Intime India Private Ltd	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 Mahindra Logistics IPO is up to ₹829.36 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Mahindra Logistics IPO is ₹429.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.

	Mahindra Logistics IPO	Reliance Nippon Life IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹425.00 per share	₹247.00 per share
Issue Price (Upper)	₹429.00 per share	₹252.00 per share
Issue Price (Final)	₹429.00 per share	₹252.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	34 shares	59 shares
Fresh Issue Size		2,44,80,000 shares
Fresh Issue Size (Amount)
OFS Issue Size	1,93,32,346 shares	3,67,20,000 shares
OFS Issue Size (Amount)
Issue Size Total	1,93,32,346 shares	6,12,00,000 shares
Issue Size Total (Amount)	up to ₹829.36 Cr	up to ₹1,542.24 Cr

IPO Timetable

Mahindra Logistics IPO opens on Oct 31, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Mahindra Logistics IPO and Reliance Nippon Life IPO is Nov 02, 2017, and Oct 27, 2017, respectively.

	Mahindra Logistics IPO	Reliance Nippon Life IPO
Anchor Bid Date
Issue Open	Oct 31, 2017	Oct 25, 2017
Issue Close	Nov 02, 2017	Oct 27, 2017
Basis Of Allotment (Tentative)	Nov 08, 2017	Nov 01, 2017
Initiation of Refunds (Tentative)	Nov 09, 2017	Nov 03, 2017
Credit of Share (Tentative)	Nov 09, 2017	Nov 03, 2017
Listing date (Tentative)	Nov 10, 2017	Nov 06, 2017
Anchor Lockin End date 1	Dec 08, 2017	Dec 01, 2017
Anchor Lockin End date 2	Feb 06, 2018	Jan 30, 2018

Financials

Mahindra Logistics IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .

Mahindra Logistics IPO

Reliance Nippon Life 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
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

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	20,198.10	18,857.91	16,629.97	16,812.08	15,087.00
Total Revenue	14,004.38	12,710.70	9,301.15	7,840.26	7,126.74
Profit After Tax	4,055.70	3,901.24	3,495.94	3,023.01	1,989.60

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Mahindra Logistics IPO retail investors (RII) are offered 67,22,572 shares while in Reliance Nippon Life IPO retail investors are offered 67,22,572 shares. Qualified institutional buyers (QIB) are offered 38,41,469 shares in Mahindra Logistics IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.

	Mahindra Logistics IPO	Reliance Nippon Life IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	38,41,469 shares	1,22,40,000 shares
NII	28,81,102 shares	91,80,000 shares
RII	67,22,572 shares	2,14,20,000 shares
Employee	1,25,000 shares
Others
Total	1,35,70,143 shares	4,28,40,000 shares

Bids Received (Subscription)

Mahindra Logistics IPO subscribed 7.90x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.

	Mahindra Logistics IPO	Reliance Nippon Life IPO
QIB (times)	15.60x	118.40x
NII (times)	2.07x	209.44x
Big NII (times)
Small NII (times)
RII (times)	6.10x	5.65x
Employee (times)	1.94x
Other (times)
Total (times)	7.90x	81.54x

Compare with others

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

Comments

Add a public comment...