LIC IPO vs Venus Pipes & Tubes IPO

Comparision between LIC IPO and Venus Pipes & Tubes IPO.

IPO Details

LIC IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Venus Pipes & Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	LIC IPO	Venus Pipes & Tubes 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 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	Smc Capitals Limited
Registrar	Kfin Technologies Limited	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 LIC IPO is up to ₹21,008.48 Cr whereas the issue size of the Venus Pipes & Tubes IPO is up to ₹165.42 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Venus Pipes & Tubes IPO is ₹326.00 per share.

	LIC IPO	Venus Pipes & Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹902.00 per share	₹310.00 per share
Issue Price (Upper)	₹949.00 per share	₹326.00 per share
Issue Price (Final)	₹949.00 per share	₹326.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	15 shares	46 shares
Fresh Issue Size		50,74,100 shares
Fresh Issue Size (Amount)		up to ₹165.42 Cr
OFS Issue Size	22,13,74,920 shares
OFS Issue Size (Amount)	up to ₹21,008.48 Cr
Issue Size Total	22,13,74,920 shares	50,74,100 shares
Issue Size Total (Amount)	up to ₹21,008.48 Cr	up to ₹165.42 Cr

IPO Timetable

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

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

Financials

LIC IPO P/E ratio is 201.91, as compared to Venus Pipes & Tubes IPO P/E ratio of 21.03.

LIC IPO

Venus Pipes & Tubes IPO

Financial

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

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	2,462.76	1,375.39	1,071.91	791.23
Total Revenue	2,782.80	3,120.31	1,793.22	1,205.06
Profit After Tax	235.95	236.32	41.28	37.50

Promoter Shareholding (Pre-Issue)

100%

64.27%

Promoter Shareholding (Post-Issue)

96.50%

48.20%

P/E Ratio

201.91

21.03

Market Cap

₹600242.28 Cr.

₹661.65 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the LIC IPO retail investors (RII) are offered 6,91,79,663 shares while in Venus Pipes & Tubes IPO retail investors are offered 6,91,79,663 shares. Qualified institutional buyers (QIB) are offered 3,95,31,236 shares in LIC IPO and 10,14,864 shares in Venus Pipes & Tubes IPO.

	LIC IPO	Venus Pipes & Tubes IPO
Anchor Investor Reserveration	5,92,96,853 shares
Market Maker Reserveration
QIB	3,95,31,236 shares	10,14,864 shares
NII	2,96,48,427 shares	7,61,115 shares
RII	6,91,79,663 shares	17,75,935 shares
Employee	15,81,249 shares	0 shares
Others
Total	16,20,78,067 shares	35,51,914 shares

Bids Received (Subscription)

LIC IPO subscribed 2.95x in total, whereas Venus Pipes & Tubes IPO subscribed 16.31x.

	LIC IPO	Venus Pipes & Tubes IPO
QIB (times)	2.83x	12.02x
NII (times)	2.91x	15.66x
Big NII (times)
Small NII (times)
RII (times)	1.99x	19.04x
Employee (times)	4.40x
Other (times)	6.12x
Total (times)	2.95x	16.31x

Compare with others

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Venus Pipes & Tubes IPO	eMudhra IPO
Ethos Limited IPO	Paradeep Phosphates IPO
Hariom Pipe Industries IPO	Prudent Corporate Advisory Services IPO
Veranda Learning IPO	Rainbow Children Medicare IPO
Uma Exports IPO	Campus Activewear IPO
Manyavar IPO	Ethos Limited IPO
Delhivery IPO	Hariom Pipe Industries IPO
AGS Transact IPO	Veranda Learning IPO
CMS Info Systems IPO	Uma Exports IPO
Tracxn Technologies IPO	LIC IPO

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