L&T Infotech IPO vs RBL Bank IPO

Comparision between L&T Infotech IPO and RBL Bank IPO.

IPO Details

L&T Infotech IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while RBL Bank IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	L&T Infotech IPO	RBL Bank 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 ICICI Securities Limited Kotak Mahindra Capital Company Limited	Axis Bank Limited Citigroup Global Markets India Private Limited Hdfc Bank Limited ICICI Securities Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd SBI Capital Markets 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 L&T Infotech IPO is up to ₹1,236.00 Cr whereas the issue size of the RBL Bank IPO is up to ₹1,212.97 Cr. The final issue price of L&T Infotech IPO is ₹710.00 per share and of RBL Bank IPO is ₹225.00 per share.

	L&T Infotech IPO	RBL Bank IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹705.00 per share	₹224.00 per share
Issue Price (Upper)	₹710.00 per share	₹225.00 per share
Issue Price (Final)	₹710.00 per share	₹225.00 per share
Discount (Retail)	₹10.00 per share
Discount (Employee)
Market Lot Size	20 shares	65 shares
Fresh Issue Size	0 shares	3,70,00,000 shares
Fresh Issue Size (Amount)		up to ₹832.50 Cr
OFS Issue Size	1,75,00,000 shares	1,69,09,628 shares
OFS Issue Size (Amount)
Issue Size Total	1,75,00,000 shares	5,39,09,628 shares
Issue Size Total (Amount)	up to ₹1,236.00 Cr	up to ₹1,212.97 Cr

IPO Timetable

L&T Infotech IPO opens on Jul 11, 2016, while RBL Bank IPO opens on Aug 19, 2016. The closing date of L&T Infotech IPO and RBL Bank IPO is Jul 13, 2016, and Aug 23, 2016, respectively.

	L&T Infotech IPO	RBL Bank IPO
Anchor Bid Date
Issue Open	Jul 11, 2016	Aug 19, 2016
Issue Close	Jul 13, 2016	Aug 23, 2016
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

L&T Infotech IPO P/E ratio is , as compared to RBL Bank IPO P/E ratio of .

L&T Infotech IPO

RBL Bank IPO

Financial

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	32,380.30	29,068.71	25,058.09	21,893.69	19,814.75
Total Revenue	59,081.26	48,331.83	45,628.48	36,301.56	29,685.54
Profit After Tax (PAT)	9,381.31	7,735.97	9,032.57	5,599.83	4,059.27

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	391,600.91	271,036.49	181,970.77	129,622.74	72,072.67
Total Revenue	32,348.50	23,564.94	16,125.88	10,057.61	5,322.16
Profit After Tax (PAT)	2,968.02	2,084.51	928.88	925.28	657.43

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the L&T Infotech IPO retail investors (RII) are offered 61,25,000 shares while in RBL Bank IPO retail investors are offered 61,25,000 shares. Qualified institutional buyers (QIB) are offered 35,00,000 shares in L&T Infotech IPO and 1,08,64,515 shares in RBL Bank IPO.

	L&T Infotech IPO	RBL Bank IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	35,00,000 shares	1,08,64,515 shares
NII	26,25,000 shares	81,11,221 shares
RII	61,25,000 shares	1,89,26,183 shares
Employee
Others
Total	1,22,50,000 shares	3,79,01,919 shares

Bids Received (Subscription)

L&T Infotech IPO subscribed 11.69x in total, whereas RBL Bank IPO subscribed 69.62x.

	L&T Infotech IPO	RBL Bank IPO
QIB (times)	19.91x	85.08x
NII (times)	10.76x	198.06x
Big NII (times)
Small NII (times)
RII (times)	7.39x	5.70x
Employee (times)
Other (times)
Total (times)	11.69x	69.62x

Compare with others

L&T Infotech IPO	RBL Bank 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
Advanced Enzyme IPO	ICICI Prudential Life IPO
Quess Corp IPO	S P Apparels IPO
Mahanagar Gas IPO	Dilip Buildcon IPO
Parag Milk IPO	Advanced Enzyme IPO
Ujjivan Financial Services IPO	L&T Infotech IPO
Thyrocare Technologies IPO	Quess Corp IPO

Comments

Add a public comment...