Hariom Pipe Industries IPO vs LIC IPO

Comparision between Hariom Pipe Industries IPO and LIC IPO.

IPO Details

Hariom Pipe Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while LIC IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hariom Pipe Industries IPO	LIC 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	Iti Capital Ltd	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
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the LIC IPO is up to ₹21,008.48 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of LIC IPO is ₹949.00 per share.

	Hariom Pipe Industries IPO	LIC IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹144.00 per share	₹902.00 per share
Issue Price (Upper)	₹153.00 per share	₹949.00 per share
Issue Price (Final)	₹153.00 per share	₹949.00 per share
Discount (Retail)		₹45.00 per share
Discount (Employee)		₹45.00 per share
Market Lot Size	98 shares	15 shares
Fresh Issue Size	85,00,000 shares
Fresh Issue Size (Amount)	up to ₹130.05 Cr
OFS Issue Size		22,13,74,920 shares
OFS Issue Size (Amount)		up to ₹21,008.48 Cr
Issue Size Total	85,00,000 shares	22,13,74,920 shares
Issue Size Total (Amount)	up to ₹130.05 Cr	up to ₹21,008.48 Cr

IPO Timetable

Hariom Pipe Industries IPO opens on Mar 30, 2022, while LIC IPO opens on May 04, 2022. The closing date of Hariom Pipe Industries IPO and LIC IPO is Apr 05, 2022, and May 09, 2022, respectively.

	Hariom Pipe Industries IPO	LIC IPO
Anchor Bid Date
Issue Open	Mar 30, 2022	May 04, 2022
Issue Close	Apr 05, 2022	May 09, 2022
Basis Of Allotment (Tentative)	Apr 08, 2022	May 12, 2022
Initiation of Refunds (Tentative)	Apr 11, 2022	May 13, 2022
Credit of Share (Tentative)	Apr 12, 2022	May 16, 2022
Listing date (Tentative)	Apr 13, 2022	May 17, 2022
Anchor Lockin End date 1	May 08, 2022	Jun 11, 2022
Anchor Lockin End date 2	Jul 07, 2022	Aug 10, 2022

Financials

Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to LIC IPO P/E ratio of 201.91.

Hariom Pipe Industries IPO

LIC IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,881.96	17,374.03	13,967.72	10,335.11
Total Revenue	20,116	25,482.31	16,115.05	13,391.56
Profit After Tax	1,286.90	1,513.20	790.83	802

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

Promoter Shareholding (Pre-Issue)

99.10%

100%

Promoter Shareholding (Post-Issue)

66%

96.50%

P/E Ratio

15.15

201.91

Market Cap

₹389.79 Cr.

₹600242.28 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Hariom Pipe Industries IPO retail investors (RII) are offered 29,75,000 shares while in LIC IPO retail investors are offered 29,75,000 shares. Qualified institutional buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 3,95,31,236 shares in LIC IPO.

	Hariom Pipe Industries IPO	LIC IPO
Anchor Investor Reserveration		5,92,96,853 shares
Market Maker Reserveration
QIB	25,50,000 shares	3,95,31,236 shares
NII	29,75,000 shares	2,96,48,427 shares
RII	29,75,000 shares	6,91,79,663 shares
Employee	0 shares	15,81,249 shares
Others
Total	85,00,000 shares	16,20,78,067 shares

Bids Received (Subscription)

Hariom Pipe Industries IPO subscribed 7.93x in total, whereas LIC IPO subscribed 2.95x.

	Hariom Pipe Industries IPO	LIC IPO
QIB (times)	1.91x	2.83x
NII (times)	8.87x	2.91x
Big NII (times)
Small NII (times)
RII (times)	12.15x	1.99x
Employee (times)		4.40x
Other (times)		6.12x
Total (times)	7.93x	2.95x

Compare with others

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

Comments

Add a public comment...