InterGlobe Aviation Ltd. Track Record
Name of the Issue: InterGlobe Aviation Limited
1
Type of Issue
2
Issue Size (Rs. mn)
IPO
30,171.00
Source: Basis of Allotment
3
Grade of issue along with name of the rating agency
Name
Grade
4
Not applicable
Not applicable
Subscription Level (Number of times)
(1)(2)
4.94
Notes:
(1)
The above figures are net of cheque returns, after technical rejections and withdrawals
(2)
Amount of subscription includes all bids received at the final issue price of Rs. 765 per Equity Share
Source: Basis of allotment
5
QIB Holding (as a %age of Outstanding Capital) as disclosed to Stock Exchanges
Particulars
Number of Shares
%age
(i) On Allotment (1)
5.78%
(ii) at the end of the 1st Quarter immediately after the listing of the issue (December 31, 2015)
(iii) at the end of 1st FY (March 31, 2016) (2)
(2)
(1)
Source: Basis of Allotment
(2)
QIB holding not disclosed as reporting for the fiscal year/ period has not been completed
Not available
5,272,636
Not available
NA
Not available
(v) at the end of 3rd FY (March 31, 2018) (2)
6
Not available
6,496,461
(iv) at the end of 2nd FY (March 31, 2017) (2)
Financials of the issuer
(Rs. Mn)
1st FY (FY 2016) (1)
2nd FY (FY 2017) (1)
3rd FY (FY 2018) (1)
Net Sales/ Income from operations
Not available
Not available
Not available
Net Profit
Not available
Not available
Not available
Paid up Equity Share Capital
Not available
Not available
Not available
Reserves excluding revaluation reserves
Not available
Not available
Not available
Parameters
(1)
7
Financials not disclosed as reporting for the fiscal year has not been completed
Trading Status
Particulars
Not available
(ii) at the end of 2nd FY (FY 2017) (1)
Not available
(iii) at the end of 3rd FY (FY 2018) (1)
Not available
(1)
8
Status
(i) at the end of 1st FY (FY 2016) (1)
Trading status not disclosed as the fiscal year has not been completed
Change in Directors
Particulars
Appointed / Resigned
Not available
Not available
During year ended March 31, 2017
(1)
Not available
Not available
During year ended March 31, 2018
(1)
Not available
Not available
(1)
9
Name of Director
During year ended March 31, 2016 (1)
Change in Directors not disclosed as the fiscal year has not been completed
Status of implementation of project/ commencement of commercial production
(i) Details of Estimated Schedule of Implementation of Projects forming part of Objects of the Issue
(a) Retirement of certain outstanding lease liabilities and consequent acquisition of aircraft
Item
Fiscal 2016
Fiscal 2017
Fiscal 2018
Total
No. of aircraft to be acquired via retirement of certain outstanding lease liabilities
8
-
-
8
Total
8
-
-
8
Source: Prospectus dated October 30, 2015
(b) Purchase of ground support equipment for airline operations
Item
Fiscal 2016
Fiscal 2017
Fiscal 2018
Total
No. of ramp coaches to be purchased
8
9
9
26
No. of tractors to be purchased
4
4
5
13
15
16
16
47
No. of ground power units to be purchased
No. of push-backs to be purchased
Total
3
3
3
9
30
32
33
95
Source: Prospectus dated October 30, 2015
(ii) Actual implementation
Not available as reporting for the relevant period has not been completed
(iii) Reasons for delay in implementation, if any
Not available as reporting for the relevant period has not been completed
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InterGlobe Aviation Ltd. Track Record
10 Status of utilization of issue proceeds
(i) As disclosed in the offer document
(Rs. Million)
Total Estimated
Cost
Expenditure Items
Retirement of certain outstanding lease liabilities and consequent
acquisition of aircraft
Purchase of ground support equipment for airline operations
Estimated schedule of deployment of Net Proceeds for Fiscal
2016
2017
11,656.63
11,656.63
11,656.63
342.58
342.58
72.79
72.79
General Corporate Purposes
Total
Amount to be financed
from Net Proceeds
12,072.00
12,072.00
2018
Total
-
-
108.14
116.15
118.28
20.00
52.79
-
168.94
118.28
11,784.77
11,656.63
342.58
72.79
12,072.00
Source: Prospectus dated October 30, 2015
(ii) Actual utilization
Not available as reporting for the relevant period has not been completed
(iii) Reasons for deviation, if any
Not available as reporting for the relevant period has not been completed
11 Comments of monitoring agency, if applicable
Not available as reporting for the relevant period has not been completed
(a) Comments on use of funds
(b) Comments on deviation, if any, in the use of proceeds of the issue from the objects stated in the offer document
(c) Any other reservations expressed by the monitoring agency about the end use of funds
12 Pricing Data
Issue Price (Rs.)
Price parameters
Rs. 765.00
At close of listing day i.e.
November 10, 2015 (1)
Market Price
877.25
Nifty 50 Index
7,783.35
Sectoral index (3)
Not Applicable
Close of 30th calendar
day from listing day (2)
Close of 90th calendar
day from listing day (2)
Not available
Not available
As at the end of FY 2016 (2)
Low
Closing price
High
Low
Closing price
High
Low
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
At the end of 1st FY
(FY 2016) (4)
At the end of 1st FY
(FY 2017) (4)
At the end of 1st FY
(FY 2018) (4)
37.69
Not available
Not available
Not available
(184.64)
Not available
Not available
Source: NSE website
(2)
Price information not disclosed as reporting for that day or reporting for the fiscal year has not been completed
(3)
There is no applicable sectoral index
13 Basis for Issue Price
InterGlobe Aviation Limited
Issuer:
As disclosed in the offer
document (FY 2015) (1)
Peer Group (3):
EPS (2)
Jet Airways India Limited
SpiceJet Limited
Not available
(13.38)
Not available
Not available
Not available
Not applicable
Not applicable
Not applicable
Not applicable
Basic
18.1x
Not available
Not available
Not available
Diluted
20.3x
Not available
Not available
Not available
NM(5)
Not available
Not available
Not available
NM(5)
Not available
Not available
Not available
Not available
Not available
Not available
Not available
NM(5)
Not available
Not available
Not available
NM(5)
Not available
Not available
Not available
Not available
Not available
Not available
Not available
Industry Avg:
Issuer:
P/E
Peer Group (3):
Jet Airways India Limited
SpiceJet Limited
Industry Avg:
Issuer:
306.61%
Peer Group (3):
RoNW
Jet Airways India Limited
SpiceJet Limited
Industry Avg:
Issuer:
Peer Group
NAV per share based on Balance Sheet
13.76
(3)
:
Jet Airways India Limited
SpiceJet Limited
Industry Avg:
(5)
Not available
Not available
Not available
NM(5)
Not available
Not available
Not available
Not available
Not available
Not available
Not available
NM
Notes:
(1)
Sourced from the Prospectus dated October 30, 2015
(2)
Fully Diluted EPS as disclosed in the Prospectus dated October 30, 2015
As at the end of FY 2018 (2)
High
Not Applicable
(1)
Accounting ratio
As at the end of FY 2017 (2)
Closing price
(3)
Sourced from the Prospectus dated October 30, 2015
(4)
Not available as reporting for the relevant period has not been completed
(5)
P/E, RoNW and NAV are denoted as NM for Jet Airways India Limited and SpiceJet Limited as these are all negative. NM = Not Meaningful.
14 Any other material information
Particulars
Date
Nil
Nil
Note: Further details on the above and a complete list of material information as disclosed by the Company is available on the website of the stock exchanges
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