IndiaMart IPO vs Polycab IPO

Comparision between IndiaMart IPO and Polycab IPO.

IPO Details

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

	IndiaMart IPO	Polycab 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	Edelweiss Financial Services Ltd ICICI Securities Limited Jefferies India Private Limited	Axis Capital Limited Citigroup Global Markets India Private Limited Edelweiss Financial Services Ltd Iifl Securities Ltd Kotak Mahindra Capital Company Limited Yes Securities (India) Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 IndiaMart IPO is up to ₹475.59 Cr whereas the issue size of the Polycab IPO is up to ₹1,346.00 Cr. The final issue price of IndiaMart IPO is ₹973.00 per share and of Polycab IPO is ₹538.00 per share.

	IndiaMart IPO	Polycab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹970.00 per share	₹533.00 per share
Issue Price (Upper)	₹973.00 per share	₹538.00 per share
Issue Price (Final)	₹973.00 per share	₹538.00 per share
Discount (Retail)
Discount (Employee)	₹97.00 per share	₹53.00 per share
Market Lot Size	15 shares	27 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹400.00 Cr
OFS Issue Size	48,87,862 shares	1,75,82,000 shares
OFS Issue Size (Amount)
Issue Size Total	48,87,862 shares
Issue Size Total (Amount)	up to ₹475.59 Cr	up to ₹1,346.00 Cr

IPO Timetable

IndiaMart IPO opens on Jun 24, 2019, while Polycab IPO opens on Apr 05, 2019. The closing date of IndiaMart IPO and Polycab IPO is Jun 26, 2019, and Apr 09, 2019, respectively.

	IndiaMart IPO	Polycab IPO
Anchor Bid Date
Issue Open	Jun 24, 2019	Apr 05, 2019
Issue Close	Jun 26, 2019	Apr 09, 2019
Basis Of Allotment (Tentative)	Jul 01, 2019	Apr 12, 2019
Initiation of Refunds (Tentative)	Jul 02, 2019	Apr 15, 2019
Credit of Share (Tentative)	Jul 03, 2019	Apr 16, 2019
Listing date (Tentative)	Jul 04, 2019	Apr 16, 2019
Anchor Lockin End date 1	Jul 31, 2019	May 12, 2019
Anchor Lockin End date 2	Sep 29, 2019	Jul 11, 2019

Financials

IndiaMart IPO P/E ratio is , as compared to Polycab IPO P/E ratio of .

IndiaMart IPO

Polycab IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	8,207.55	5,427.13	2,209.06	1,907.51	1,024.78
Total Revenue	5,074.17	4,105.08	3,177.63	2,542.89	1,760.72
Profit After Tax	200.44	547.59	(643.46)	(1,159.12)	(318.85)

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Dec-18	31-Mar-18	31-Mar-17	31-Mar-16
Total Assets	53,859.07	44,432.58	45,788.08	38,747.40
Total Revenue	55,067.00	69,239.17	60,470.08	57,142.41
Profit After Tax	3,582.23	3,709.20	2,329.56	1,847.04

Promoter Shareholding (Pre-Issue)

58%

78.94%

Promoter Shareholding (Post-Issue)

53%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the IndiaMart IPO retail investors (RII) are offered 4,87,786 shares while in Polycab IPO retail investors are offered 4,87,786 shares. Qualified institutional buyers (QIB) are offered 36,58,397 shares in IndiaMart IPO and 50,04,328 shares in Polycab IPO.

	IndiaMart IPO	Polycab IPO
Anchor Investor Reserveration
Market Maker Reserveration	10,000 shares
QIB	36,58,397 shares	50,04,328 shares
NII	7,31,679 shares	37,37,535 shares
RII	4,87,786 shares	87,20,914 shares
Employee		1,75,000 shares
Others
Total	48,77,862 shares	1,76,37,777 shares

Bids Received (Subscription)

IndiaMart IPO subscribed 36.21x in total, whereas Polycab IPO subscribed 51.88x.

	IndiaMart IPO	Polycab IPO
QIB (times)	30.83x	92.44x
NII (times)	62.13x	110.42x
Big NII (times)
Small NII (times)
RII (times)	14.07x	4.50x
Employee (times)	6.06x	3.19x
Other (times)
Total (times)	36.21x	51.88x

Compare with others

IndiaMart IPO	Polycab IPO
IRCTC IPO	Spandana Sphoorty IPO
Vishwaraj IPO	Affle IPO
Sterling and Wilson IPO	IndiaMart IPO
Spandana Sphoorty IPO	Neogen Chemicals IPO
Affle IPO	Rail Vikas IPO
Neogen Chemicals IPO	Metropolis IPO
Rail Vikas IPO	Embassy Office Parks
Polycab IPO	MSTC IPO
Metropolis IPO	Xelpmoc Design and Tech IPO
Embassy Office Parks	Aavas Financiers IPO

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