LIC IPO vs Manyavar IPO

Comparision between LIC IPO and Manyavar IPO.

IPO Details

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

	LIC IPO	Manyavar 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	Axis Capital Limited Edelweiss Financial Services Ltd ICICI Securities Limited Iifl Securities Ltd Kotak Mahindra Capital Company 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 Manyavar IPO is up to ₹3,149.19 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Manyavar IPO is ₹866.00 per share.

	LIC IPO	Manyavar IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹902.00 per share	₹824.00 per share
Issue Price (Upper)	₹949.00 per share	₹866.00 per share
Issue Price (Final)	₹949.00 per share	₹866.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	15 shares	17 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	22,13,74,920 shares	3,63,64,838 shares
OFS Issue Size (Amount)	up to ₹21,008.48 Cr	up to ₹3,149.19 Cr
Issue Size Total	22,13,74,920 shares	3,63,64,838 shares
Issue Size Total (Amount)	up to ₹21,008.48 Cr	up to ₹3,149.19 Cr

IPO Timetable

LIC IPO opens on May 04, 2022, while Manyavar IPO opens on Feb 04, 2022. The closing date of LIC IPO and Manyavar IPO is May 09, 2022, and Feb 08, 2022, respectively.

	LIC IPO	Manyavar IPO
Anchor Bid Date
Issue Open	May 04, 2022	Feb 04, 2022
Issue Close	May 09, 2022	Feb 08, 2022
Basis Of Allotment (Tentative)	May 12, 2022	Feb 11, 2022
Initiation of Refunds (Tentative)	May 13, 2022	Feb 14, 2022
Credit of Share (Tentative)	May 16, 2022	Feb 15, 2022
Listing date (Tentative)	May 17, 2022	Feb 16, 2022
Anchor Lockin End date 1	Jun 11, 2022	Mar 13, 2022
Anchor Lockin End date 2	Aug 10, 2022	May 12, 2022

Financials

LIC IPO P/E ratio is 201.91, as compared to Manyavar IPO P/E ratio of 106.78.

LIC IPO

Manyavar 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 Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20
Total Assets	14,455.03	16,256.53	15,915.53
Total Revenue	3,872.90	6,250.19	9,479.76
Profit After Tax	984.07	1,329.03	2,366.37

Promoter Shareholding (Pre-Issue)

100%

92.40%

Promoter Shareholding (Post-Issue)

96.50%

84.9%

P/E Ratio

201.91

106.78

Market Cap

₹600242.28 Cr.

₹21017.37 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 Manyavar 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 72,72,968 shares in Manyavar IPO.

	LIC IPO	Manyavar IPO
Anchor Investor Reserveration	5,92,96,853 shares
Market Maker Reserveration
QIB	3,95,31,236 shares	72,72,968 shares
NII	2,96,48,427 shares	54,54,726 shares
RII	6,91,79,663 shares	1,27,27,694 shares
Employee	15,81,249 shares	0 shares
Others
Total	16,20,78,067 shares	2,54,55,388 shares

Bids Received (Subscription)

LIC IPO subscribed 2.95x in total, whereas Manyavar IPO subscribed 2.57x.

	LIC IPO	Manyavar IPO
QIB (times)	2.83x	7.49x
NII (times)	2.91x	1.07x
Big NII (times)
Small NII (times)
RII (times)	1.99x	0.39x
Employee (times)	4.40x
Other (times)	6.12x
Total (times)	2.95x	2.57x

Compare with others

LIC IPO	Manyavar IPO
Venus Pipes & Tubes IPO	Ethos Limited IPO
Ethos Limited IPO	Hariom Pipe Industries IPO
Hariom Pipe Industries IPO	Veranda Learning IPO
Veranda Learning IPO	Uma Exports IPO
Uma Exports IPO	LIC IPO
Manyavar IPO	Delhivery IPO
Delhivery IPO	AGS Transact IPO
AGS Transact IPO	CMS Info Systems IPO
CMS Info Systems IPO	Tracxn Technologies IPO
Tracxn Technologies IPO	Supriya Lifescience IPO

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