Astron Paper IPO vs Reliance Nippon Life IPO

Comparision between Astron Paper IPO and Reliance Nippon Life IPO.

IPO Details

Astron Paper IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Reliance Nippon Life IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Astron Paper IPO	Reliance Nippon Life 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	Pantomath Capital Advisors Pvt Ltd	Axis Capital Limited Clsa India Private Limited Edelweiss Financial Services Ltd Iifl Securities Ltd Jm Financial Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited Yes Bank 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 Astron Paper IPO is up to ₹70.00 Cr whereas the issue size of the Reliance Nippon Life IPO is up to ₹1,542.24 Cr. The final issue price of Astron Paper IPO is ₹50.00 per share and of Reliance Nippon Life IPO is ₹252.00 per share.

	Astron Paper IPO	Reliance Nippon Life IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹45.00 per share	₹247.00 per share
Issue Price (Upper)	₹50.00 per share	₹252.00 per share
Issue Price (Final)	₹50.00 per share	₹252.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	280 shares	59 shares
Fresh Issue Size		2,44,80,000 shares
Fresh Issue Size (Amount)
OFS Issue Size		3,67,20,000 shares
OFS Issue Size (Amount)
Issue Size Total	1,40,00,000 shares	6,12,00,000 shares
Issue Size Total (Amount)	up to ₹70.00 Cr	up to ₹1,542.24 Cr

IPO Timetable

Astron Paper IPO opens on Dec 15, 2017, while Reliance Nippon Life IPO opens on Oct 25, 2017. The closing date of Astron Paper IPO and Reliance Nippon Life IPO is Dec 20, 2017, and Oct 27, 2017, respectively.

	Astron Paper IPO	Reliance Nippon Life IPO
Anchor Bid Date
Issue Open	Dec 15, 2017	Oct 25, 2017
Issue Close	Dec 20, 2017	Oct 27, 2017
Basis Of Allotment (Tentative)	Dec 26, 2017	Nov 01, 2017
Initiation of Refunds (Tentative)	Dec 27, 2017	Nov 03, 2017
Credit of Share (Tentative)	Dec 28, 2017	Nov 03, 2017
Listing date (Tentative)	Dec 29, 2017	Nov 06, 2017
Anchor Lockin End date 1	Jan 25, 2018	Dec 01, 2017
Anchor Lockin End date 2	Mar 26, 2018	Jan 30, 2018

Financials

Astron Paper IPO P/E ratio is , as compared to Reliance Nippon Life IPO P/E ratio of .

Astron Paper IPO

Reliance Nippon Life IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	1727.51	1584.46	1372.42
Total Revenue	1845.89	1578.53	1521.37
Profit After Tax	99.59	60.85	41.29

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (in Rs. million)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	20,198.10	18,857.91	16,629.97	16,812.08	15,087.00
Total Revenue	14,004.38	12,710.70	9,301.15	7,840.26	7,126.74
Profit After Tax	4,055.70	3,901.24	3,495.94	3,023.01	1,989.60

Promoter Shareholding (Pre-Issue)

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Astron Paper IPO retail investors (RII) are offered 46,55,000 shares while in Reliance Nippon Life IPO retail investors are offered 46,55,000 shares. Qualified institutional buyers (QIB) are offered 13,30,000 shares in Astron Paper IPO and 1,22,40,000 shares in Reliance Nippon Life IPO.

	Astron Paper IPO	Reliance Nippon Life IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	13,30,000 shares	1,22,40,000 shares
NII	73,15,000 shares	91,80,000 shares
RII	46,55,000 shares	2,14,20,000 shares
Employee	7,00,000 shares
Others
Total	1,40,00,000 shares	4,28,40,000 shares

Bids Received (Subscription)

Astron Paper IPO subscribed 241.75x in total, whereas Reliance Nippon Life IPO subscribed 81.54x.

	Astron Paper IPO	Reliance Nippon Life IPO
QIB (times)	103.35x	118.40x
NII (times)	396.99x	209.44x
Big NII (times)
Small NII (times)
RII (times)	73.32x	5.65x
Employee (times)	2.69x
Other (times)
Total (times)	241.75x	81.54x

Compare with others

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

Comments

Add a public comment...