Chemcon IPO vs Happiest Minds IPO

Comparision between Chemcon IPO and Happiest Minds IPO.

IPO Details

Chemcon IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Happiest Minds IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Chemcon IPO	Happiest Minds 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	Ambit Private Limited Intensive Fiscal Services Private Limited	ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
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 Chemcon IPO is up to ₹318.00 Cr whereas the issue size of the Happiest Minds IPO is up to ₹702.02 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of Happiest Minds IPO is ₹166.00 per share.

	Chemcon IPO	Happiest Minds IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹338.00 per share	₹165.00 per share
Issue Price (Upper)	₹340.00 per share	₹166.00 per share
Issue Price (Final)	₹340.00 per share	₹166.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	90 shares
Fresh Issue Size	48,52,940 shares	66,26,506 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr	up to ₹110.00 Cr
OFS Issue Size	45,00,000 shares	3,56,63,585 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr	up to ₹592.02 Cr
Issue Size Total	93,52,940 shares	4,22,90,091 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹702.02 Cr

IPO Timetable

Chemcon IPO opens on Sep 21, 2020, while Happiest Minds IPO opens on Sep 07, 2020. The closing date of Chemcon IPO and Happiest Minds IPO is Sep 23, 2020, and Sep 09, 2020, respectively.

	Chemcon IPO	Happiest Minds IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Sep 07, 2020
Issue Close	Sep 23, 2020	Sep 09, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Sep 14, 2020
Initiation of Refunds (Tentative)	Sep 29, 2020	Sep 15, 2020
Credit of Share (Tentative)	Sep 30, 2020	Sep 15, 2020
Listing date (Tentative)	Oct 01, 2020	Sep 17, 2020
Anchor Lockin End date 1	Oct 28, 2020	Oct 14, 2020
Anchor Lockin End date 2	Dec 27, 2020	Dec 13, 2020

Financials

Chemcon IPO P/E ratio is , as compared to Happiest Minds IPO P/E ratio of .

Chemcon IPO

Happiest Minds IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in million)
	31-Mar-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	2,257.92	1,730.33	970.66	626.80
Total Revenue	2,660.17	3,053.26	1,583.91	899.96
Profit After Tax	488.53	430.41	263.81	28.24

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Jun-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	5,730.8	5,081.5	4,135.2	3,869.9
Total Revenue	1,869.9	7,142.3	6,018.1	4,891.2
Profit After Tax	501.8	717.1	142.1	(224.7)

Promoter Shareholding (Pre-Issue)

100%

61.77%

Promoter Shareholding (Post-Issue)

74.47%

53.25%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Chemcon IPO retail investors (RII) are offered 32,83,580 shares while in Happiest Minds IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 1,26,87,028 shares in Happiest Minds IPO.

	Chemcon IPO	Happiest Minds IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	1,26,87,028 shares
NII	14,07,249 shares	63,43,513 shares
RII	32,83,580 shares	42,29,009 shares
Employee	0 shares	0 shares
Others
Total	65,59,173 shares	2,32,59,550 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas Happiest Minds IPO subscribed 150.98x.

	Chemcon IPO	Happiest Minds IPO
QIB (times)	113.54x	77.43x
NII (times)	449.14x	351.46x
Big NII (times)
Small NII (times)
RII (times)	41.15x	70.94x
Employee (times)
Other (times)
Total (times)	149.30x	150.98x

Compare with others

Chemcon IPO	Happiest Minds IPO
Burger King IPO	Mazagon Dock IPO
RailTel IPO	Likhitha Infrastructure IPO
Gland Pharma IPO	Chemcon IPO
Mazagon Dock IPO	Route Mobile IPO
Likhitha Infrastructure IPO	Angel One IPO
Route Mobile IPO	CAMS IPO
Angel One IPO	UTI AMC IPO
Happiest Minds IPO	Mindspace REIT
CAMS IPO	Yes Bank FPO
UTI AMC IPO	Rossari Biotech IPO

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