PolicyBazaar IPO vs Sigachi Industries IPO

Comparision between PolicyBazaar IPO and Sigachi Industries IPO.

IPO Details

PolicyBazaar IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Sigachi Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	PolicyBazaar IPO	Sigachi Industries 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 Hdfc Bank Limited ICICI Securities Limited Iifl Securities Ltd Jefferies India Private Limited Kotak Mahindra Capital Company Limited Morgan Stanley India Company Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 PolicyBazaar IPO is up to ₹5,625.00 Cr whereas the issue size of the Sigachi Industries IPO is up to ₹125.43 Cr. The final issue price of PolicyBazaar IPO is ₹980.00 per share and of Sigachi Industries IPO is ₹163.00 per share.

	PolicyBazaar IPO	Sigachi Industries IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹940.00 per share	₹161.00 per share
Issue Price (Upper)	₹980.00 per share	₹163.00 per share
Issue Price (Final)	₹980.00 per share	₹163.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	15 shares	90 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹3,750.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹1,875.00 Cr
Issue Size Total		76,95,000 shares
Issue Size Total (Amount)	up to ₹5,625.00 Cr	up to ₹125.43 Cr

IPO Timetable

PolicyBazaar IPO opens on Nov 01, 2021, while Sigachi Industries IPO opens on Nov 01, 2021. The closing date of PolicyBazaar IPO and Sigachi Industries IPO is Nov 03, 2021, and Nov 03, 2021, respectively.

	PolicyBazaar IPO	Sigachi Industries IPO
Anchor Bid Date
Issue Open	Nov 01, 2021	Nov 01, 2021
Issue Close	Nov 03, 2021	Nov 03, 2021
Basis Of Allotment (Tentative)	Nov 10, 2021	Nov 10, 2021
Initiation of Refunds (Tentative)	Nov 11, 2021	Nov 11, 2021
Credit of Share (Tentative)	Nov 12, 2021	Nov 12, 2021
Listing date (Tentative)	Nov 15, 2021	Nov 15, 2021
Anchor Lockin End date 1	Dec 10, 2021	Dec 10, 2021
Anchor Lockin End date 2	Feb 08, 2022	Feb 08, 2022

Financials

PolicyBazaar IPO P/E ratio is , as compared to Sigachi Industries IPO P/E ratio of .

PolicyBazaar IPO

Sigachi Industries IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	22,789.05	18,555.10	23,307.26	15,759.99	7,514.48
Total Revenue	2,581.74	1,912.73	9,574.13	8,555.63	5,288.07
Profit After Tax	(1,108.44)	(597.53)	(1,502.42)	(3,040.29)	(3,468.11)

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Jun-21	30-Jun-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,514.19	1,155.59	1,334.07	1,091.43	914.62
Total Revenue	551.22	448.16	1,960.10	1,439.49	1,328.77
Profit After Tax	89.89	60.59	302.60	203.15	190.12

Promoter Shareholding (Pre-Issue)

65%

Promoter Shareholding (Post-Issue)

48%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the PolicyBazaar IPO retail investors (RII) are offered 60,73,026 shares while in Sigachi Industries IPO retail investors are offered 60,73,026 shares. Qualified institutional buyers (QIB) are offered 1,93,29,621 shares in PolicyBazaar IPO and 15,39,000 shares in Sigachi Industries IPO.

	PolicyBazaar IPO	Sigachi Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,93,29,621 shares	15,39,000 shares
NII	91,09,539 shares	11,54,250 shares
RII	60,73,026 shares	26,93,250 shares
Employee	0 shares	0 shares
Others
Total	3,45,12,186 shares	53,86,500 shares

Bids Received (Subscription)

PolicyBazaar IPO subscribed 16.58x in total, whereas Sigachi Industries IPO subscribed 101.91x.

	PolicyBazaar IPO	Sigachi Industries IPO
QIB (times)	24.89x	86.51x
NII (times)	7.82x	172.43x
Big NII (times)
Small NII (times)
RII (times)	3.31x	80.49x
Employee (times)
Other (times)
Total (times)	16.58x	101.91x

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