IndiGrid InvIT Fund vs Shankara Buildpro IPO

Comparision between IndiGrid InvIT Fund and Shankara Buildpro IPO.

IPO Details

IndiGrid InvIT Fund is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Shankara Buildpro IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	IndiGrid InvIT Fund	Shankara Buildpro 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	Citigroup Global Markets India Private Limited Edelweiss Financial Services Ltd Morgan Stanley India Company Pvt Ltd	Equirus Capital Private Limited Hdfc Bank Limited Idfc Bank Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP		DRHP
RHP		RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of IndiGrid InvIT Fund is up to ₹2,250.00 Cr whereas the issue size of the Shankara Buildpro IPO is up to ₹345.00 Cr. The final issue price of IndiGrid InvIT Fund is ₹100.00 per share and of Shankara Buildpro IPO is ₹460.00 per share.

	IndiGrid InvIT Fund	Shankara Buildpro IPO
Face Value	₹100 per share	₹10 per share
Issue Price (Lower)	₹98.00 per share	₹440.00 per share
Issue Price (Upper)	₹100.00 per share	₹460.00 per share
Issue Price (Final)	₹100.00 per share	₹460.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10205 shares	32 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹45.00 Cr
OFS Issue Size		65,21,740 shares
OFS Issue Size (Amount)
Issue Size Total	22,50,00,000 shares
Issue Size Total (Amount)	up to ₹2,250.00 Cr	up to ₹345.00 Cr

IPO Timetable

IndiGrid InvIT Fund opens on May 17, 2017, while Shankara Buildpro IPO opens on Mar 22, 2017. The closing date of IndiGrid InvIT Fund and Shankara Buildpro IPO is May 19, 2017, and Mar 24, 2017, respectively.

	IndiGrid InvIT Fund	Shankara Buildpro IPO
Anchor Bid Date
Issue Open	May 17, 2017	Mar 22, 2017
Issue Close	May 19, 2017	Mar 24, 2017
Basis Of Allotment (Tentative)		Mar 30, 2017
Initiation of Refunds (Tentative)		Mar 31, 2017
Credit of Share (Tentative)		Apr 03, 2017
Listing date (Tentative)		Apr 05, 2017
Anchor Lockin End date 1		Apr 29, 2017
Anchor Lockin End date 2		Jun 28, 2017

Financials

IndiGrid InvIT Fund P/E ratio is , as compared to Shankara Buildpro IPO P/E ratio of .

IndiGrid InvIT Fund

Shankara Buildpro IPO

Financial

Summary of financial Information
Particulars	For the year/period ended (in Rs. Million)
	31-Dec-16	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13	31-Mar-12
Total Assets	6,046.35	5,913.15	5,505.20	5,956.44	5,724.80	4,559.90
Total Revenue	14,576.79	17,750.07	17,204.70	18,840.21	17,024.89	13,855.32
Profit After Tax (PAT)	137.38	109.77	42.47	193.38	271.24	277.75

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the IndiGrid InvIT Fund retail investors (RII) are offered while in Shankara Buildpro IPO retail investors are offered . Qualified institutional buyers (QIB) are offered 6,88,80,294 shares in IndiGrid InvIT Fund and 15,22,232 shares in Shankara Buildpro IPO.

	IndiGrid InvIT Fund	Shankara Buildpro IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	6,88,80,294 shares	15,22,232 shares
NII		11,31,671 shares
RII		26,40,564 shares
Employee
Others
Total	12,62,78,838 shares	52,94,467 shares

Bids Received (Subscription)

IndiGrid InvIT Fund subscribed 1.35x in total, whereas Shankara Buildpro IPO subscribed 41.88x.

	IndiGrid InvIT Fund	Shankara Buildpro IPO
QIB (times)	1.14x	51.62x
NII (times)		90.68x
Big NII (times)
Small NII (times)
RII (times)		15.35x
Employee (times)
Other (times)	1.60x
Total (times)	1.35x	41.88x

Compare with others

IndiGrid InvIT Fund	Shankara Buildpro IPO
Salasar Techno IPO	IndiGrid InvIT Fund
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GTPL Hathway IPO	IRB InvIT Fund IPO
Eris Lifesciences IPO	S Chand and Company IPO
Tejas Networks IPO	HUDCO IPO
PSP Projects IPO	CL Educate IPO
IRB InvIT Fund IPO	Radio City IPO
S Chand and Company IPO	CDSL IPO
HUDCO IPO	DMart IPO
Shankara Buildpro IPO	BSE Limited IPO

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