Astron Paper IPO vs HDFC Life IPO

Comparision between Astron Paper IPO and HDFC Life IPO.

IPO Details

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

	Astron Paper IPO	HDFC 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	Pantomath Capital Advisors Pvt Ltd	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
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 Astron Paper IPO is up to ₹70.00 Cr whereas the issue size of the HDFC Life IPO is up to ₹8,695.01 Cr. The final issue price of Astron Paper IPO is ₹50.00 per share and of HDFC Life IPO is ₹290.00 per share.

	Astron Paper IPO	HDFC Life IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹45.00 per share	₹275.00 per share
Issue Price (Upper)	₹50.00 per share	₹290.00 per share
Issue Price (Final)	₹50.00 per share	₹290.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	280 shares	50 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size		29,98,27,818 shares
OFS Issue Size (Amount)
Issue Size Total	1,40,00,000 shares	29,98,27,818 shares
Issue Size Total (Amount)	up to ₹70.00 Cr	up to ₹8,695.01 Cr

IPO Timetable

Astron Paper IPO opens on Dec 15, 2017, while HDFC Life IPO opens on Nov 07, 2017. The closing date of Astron Paper IPO and HDFC Life IPO is Dec 20, 2017, and Nov 09, 2017, respectively.

	Astron Paper IPO	HDFC Life IPO
Anchor Bid Date
Issue Open	Dec 15, 2017	Nov 07, 2017
Issue Close	Dec 20, 2017	Nov 09, 2017
Basis Of Allotment (Tentative)	Dec 26, 2017	Nov 14, 2017
Initiation of Refunds (Tentative)	Dec 27, 2017	Nov 15, 2017
Credit of Share (Tentative)	Dec 28, 2017	Nov 16, 2017
Listing date (Tentative)	Dec 29, 2017	Nov 17, 2017
Anchor Lockin End date 1	Jan 25, 2018	Dec 14, 2017
Anchor Lockin End date 2	Mar 26, 2018	Feb 12, 2018

Financials

Astron Paper IPO P/E ratio is , as compared to HDFC Life IPO P/E ratio of .

Astron Paper IPO

HDFC Life IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	1727.51	1584.46	1372.42
Total Revenue	1845.89	1578.53	1521.37
Profit After Tax	99.59	60.85	41.29

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Astron Paper IPO retail investors (RII) are offered 46,55,000 shares while in HDFC Life IPO retail investors are offered 46,55,000 shares. Qualified institutional buyers (QIB) are offered 13,30,000 shares in Astron Paper IPO and 5,33,79,158 shares in HDFC Life IPO.

	Astron Paper IPO	HDFC Life IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	13,30,000 shares	5,33,79,158 shares
NII	73,15,000 shares	4,00,34,328 shares
RII	46,55,000 shares	9,34,13,431 shares
Employee	7,00,000 shares	29,49,520 shares
Others
Total	1,40,00,000 shares	21,97,59,218 shares

Bids Received (Subscription)

Astron Paper IPO subscribed 241.75x in total, whereas HDFC Life IPO subscribed 4.89x.

	Astron Paper IPO	HDFC Life IPO
QIB (times)	103.35x	16.60x
NII (times)	396.99x	2.29x
Big NII (times)
Small NII (times)
RII (times)	73.32x	0.91x
Employee (times)	2.69x	1.22x
Other (times)		0.29x
Total (times)	241.75x	4.89x

Compare with others

Astron Paper IPO	HDFC Life IPO
Amber Enterprises IPO	Newgen Software IPO
Newgen Software IPO	Apollo Micro Systems IPO
Apollo Micro Systems IPO	Shalby Hospital IPO
Shalby Hospital IPO	Future Supply Chain IPO
Future Supply Chain IPO	Astron Paper IPO
HDFC Life IPO	Khadim India IPO
Khadim India IPO	New India Assurance IPO
New India Assurance IPO	Mahindra Logistics IPO
Mahindra Logistics IPO	Reliance Nippon Life IPO
Reliance Nippon Life IPO	General Insurance Corporation IPO

Comments

Add a public comment...