Future Supply Chain IPO vs New India Assurance IPO

Comparision between Future Supply Chain IPO and New India Assurance IPO.

IPO Details

Future Supply Chain IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while New India Assurance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Future Supply Chain IPO	New India Assurance 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	Idfc Bank Limited Iifl Securities Ltd Yes Securities (India) Limited	Axis Bank Limited Idfc Bank Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd Yes Bank Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
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 Future Supply Chain IPO is up to ₹649.70 Cr whereas the issue size of the New India Assurance IPO is up to ₹9,600.00 Cr. The final issue price of Future Supply Chain IPO is ₹664.00 per share and of New India Assurance IPO is ₹800.00 per share.

	Future Supply Chain IPO	New India Assurance IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)	₹660.00 per share	₹770.00 per share
Issue Price (Upper)	₹664.00 per share	₹800.00 per share
Issue Price (Final)	₹664.00 per share	₹800.00 per share
Discount (Retail)		₹30.00 per share
Discount (Employee)		₹30.00 per share
Market Lot Size	22 shares	18 shares
Fresh Issue Size		2,40,00,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		9,60,00,000 shares
OFS Issue Size (Amount)
Issue Size Total	97,84,570 shares	12,00,00,000 shares
Issue Size Total (Amount)	up to ₹649.70 Cr	up to ₹9,600.00 Cr

IPO Timetable

Future Supply Chain IPO opens on Dec 06, 2017, while New India Assurance IPO opens on Nov 01, 2017. The closing date of Future Supply Chain IPO and New India Assurance IPO is Dec 08, 2017, and Nov 03, 2017, respectively.

	Future Supply Chain IPO	New India Assurance IPO
Anchor Bid Date
Issue Open	Dec 06, 2017	Nov 01, 2017
Issue Close	Dec 08, 2017	Nov 03, 2017
Basis Of Allotment (Tentative)	Dec 13, 2017	Nov 08, 2017
Initiation of Refunds (Tentative)	Dec 14, 2017	Nov 09, 2017
Credit of Share (Tentative)	Dec 14, 2017	Nov 10, 2017
Listing date (Tentative)	Dec 18, 2017	Nov 13, 2017
Anchor Lockin End date 1	Jan 12, 2018	Dec 08, 2017
Anchor Lockin End date 2	Mar 13, 2018	Feb 06, 2018

Financials

Future Supply Chain IPO P/E ratio is , as compared to New India Assurance IPO P/E ratio of .

Future Supply Chain IPO

New India Assurance IPO

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. million)
	30-Sep-17	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	5,757.00	5,095.05	4,837.03	3,873.54
Total Revenue	3,652.03	5,769.92	5,284.70	4,107.22
Profit After Tax	333.30	457.54	294.27	246.57

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	365,668.25	316,338.34	345,410.14
Total Revenue	205,536.23	176,727.27	157,110.83
Profit After Tax	8,398.60	9,303.54	13,773.23

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Future Supply Chain IPO retail investors (RII) are offered 34,24,600 shares while in New India Assurance IPO retail investors are offered 34,24,600 shares. Qualified institutional buyers (QIB) are offered 19,56,914 shares in Future Supply Chain IPO and 5,82,00,000 shares in New India Assurance IPO.

	Future Supply Chain IPO	New India Assurance IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	19,56,914 shares	5,82,00,000 shares
NII	14,67,686 shares	1,74,60,000 shares
RII	34,24,600 shares	4,07,40,000 shares
Employee		36,00,000 shares
Others
Total	68,49,200 shares	12,00,00,000 shares

Bids Received (Subscription)

Future Supply Chain IPO subscribed 7.56x in total, whereas New India Assurance IPO subscribed 1.20x.

	Future Supply Chain IPO	New India Assurance IPO
QIB (times)	12.36x	2.34x
NII (times)	11.15x	0.11x
Big NII (times)
Small NII (times)
RII (times)	3.28x	0.11x
Employee (times)		0.20x
Other (times)
Total (times)	7.56x	1.20x

Compare with others

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

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