LIC IPO vs Tracxn Technologies IPO

Comparision between LIC IPO and Tracxn Technologies IPO.

IPO Details

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

	LIC IPO	Tracxn Technologies 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	Iifl Securities Ltd
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of LIC IPO is ₹949.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

	LIC IPO	Tracxn Technologies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹902.00 per share	₹75.00 per share
Issue Price (Upper)	₹949.00 per share	₹80.00 per share
Issue Price (Final)	₹949.00 per share	₹80.00 per share
Discount (Retail)	₹45.00 per share
Discount (Employee)	₹45.00 per share
Market Lot Size	15 shares	185 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	22,13,74,920 shares	3,86,72,208 shares
OFS Issue Size (Amount)	up to ₹21,008.48 Cr	up to ₹309.38 Cr
Issue Size Total	22,13,74,920 shares	3,86,72,208 shares
Issue Size Total (Amount)	up to ₹21,008.48 Cr	up to ₹309.38 Cr

IPO Timetable

LIC IPO opens on May 04, 2022, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of LIC IPO and Tracxn Technologies IPO is May 09, 2022, and Oct 12, 2022, respectively.

	LIC IPO	Tracxn Technologies IPO
Anchor Bid Date
Issue Open	May 04, 2022	Oct 10, 2022
Issue Close	May 09, 2022	Oct 12, 2022
Basis Of Allotment (Tentative)	May 12, 2022	Oct 17, 2022
Initiation of Refunds (Tentative)	May 13, 2022	Oct 18, 2022
Credit of Share (Tentative)	May 16, 2022	Oct 19, 2022
Listing date (Tentative)	May 17, 2022	Oct 20, 2022
Anchor Lockin End date 1	Jun 11, 2022	Nov 16, 2022
Anchor Lockin End date 2	Aug 10, 2022	Jan 15, 2023

Financials

LIC IPO P/E ratio is 201.91, as compared to Tracxn Technologies IPO P/E ratio of 240.

LIC IPO

Tracxn Technologies 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 Crore)
	30-Jun-22	30-Jun-21	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	56.78	49.93	54.01	48.46	52.38
Total Revenue	19.08	15.44	65.16	55.74	6.31
Profit After Tax	0.923	-0.837775	-4.852	-4.152	-54.826
Net Worth	22.98	22.04	20.64	22.22	-135.24
Reserves and surplus	12.95	21.14	10.61	21.32	-135.44

Promoter Shareholding (Pre-Issue)

100%

50.93%

Promoter Shareholding (Post-Issue)

96.50%

35.65%

P/E Ratio

201.91

240

Market Cap

₹600242.28 Cr.

₹802.48 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 Tracxn Technologies 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 1,16,01,663 shares in Tracxn Technologies IPO.

	LIC IPO	Tracxn Technologies IPO
Anchor Investor Reserveration	5,92,96,853 shares
Market Maker Reserveration
QIB	3,95,31,236 shares	1,16,01,663 shares
NII	2,96,48,427 shares	58,00,831 shares
RII	6,91,79,663 shares	38,67,220 shares
Employee	15,81,249 shares	0 shares
Others
Total	16,20,78,067 shares	2,12,69,714 shares

Bids Received (Subscription)

LIC IPO subscribed 2.95x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

	LIC IPO	Tracxn Technologies IPO
QIB (times)	2.83x	1.66x
NII (times)	2.91x	0.80x
Big NII (times)		0.72x
Small NII (times)		0.94x
RII (times)	1.99x	4.87x
Employee (times)	4.40x
Other (times)	6.12x
Total (times)	2.95x	2.01x

Compare with others

LIC IPO	Tracxn Technologies IPO
Venus Pipes & Tubes IPO	LIC IPO
Ethos Limited IPO	Manyavar IPO
Hariom Pipe Industries IPO	Delhivery IPO
Veranda Learning IPO	AGS Transact IPO
Uma Exports IPO	CMS Info Systems IPO
Manyavar IPO	Supriya Lifescience IPO
Delhivery IPO	Medplus Health IPO
AGS Transact IPO	HP Adhesives IPO
CMS Info Systems IPO	Metro Brands IPO
Tracxn Technologies IPO	Shriram Properties IPO

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