Chemcon IPO vs Likhitha Infrastructure IPO

Comparision between Chemcon IPO and Likhitha Infrastructure IPO.

IPO Details

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

	Chemcon IPO	Likhitha Infrastructure 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	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
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 Likhitha Infrastructure IPO is up to ₹61.20 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of Likhitha Infrastructure IPO is ₹120.00 per share.

	Chemcon IPO	Likhitha Infrastructure IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹338.00 per share	₹116.00 per share
Issue Price (Upper)	₹340.00 per share	₹120.00 per share
Issue Price (Final)	₹340.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	125 shares
Fresh Issue Size	48,52,940 shares	51,00,000 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr	up to ₹61.20 Cr
OFS Issue Size	45,00,000 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr
Issue Size Total	93,52,940 shares	51,00,000 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹61.20 Cr

IPO Timetable

Chemcon IPO opens on Sep 21, 2020, while Likhitha Infrastructure IPO opens on Sep 29, 2020. The closing date of Chemcon IPO and Likhitha Infrastructure IPO is Sep 23, 2020, and Oct 07, 2020, respectively.

	Chemcon IPO	Likhitha Infrastructure IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Sep 29, 2020
Issue Close	Sep 23, 2020	Oct 07, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Oct 12, 2020
Initiation of Refunds (Tentative)	Sep 29, 2020	Oct 13, 2020
Credit of Share (Tentative)	Sep 30, 2020	Oct 14, 2020
Listing date (Tentative)	Oct 01, 2020	Oct 15, 2020
Anchor Lockin End date 1	Oct 28, 2020	Nov 11, 2020
Anchor Lockin End date 2	Dec 27, 2020	Jan 10, 2021

Financials

Chemcon IPO P/E ratio is , as compared to Likhitha Infrastructure IPO P/E ratio of .

Chemcon IPO

Likhitha Infrastructure 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 Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	10,085.61	8,457.38	6,722.91
Total Revenue	16,279.02	14,054.68	8,860.56
Profit After Tax	1,987.93	1,785.51	716.22

Promoter Shareholding (Pre-Issue)

100%

99.96%

Promoter Shareholding (Post-Issue)

74.47%

74.11%

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 Likhitha Infrastructure IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 51,000 shares in Likhitha Infrastructure IPO.

	Chemcon IPO	Likhitha Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	51,000 shares
NII	14,07,249 shares	32,64,000 shares
RII	32,83,580 shares	17,85,000 shares
Employee	0 shares	0 shares
Others
Total	65,59,173 shares	51,00,000 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas Likhitha Infrastructure IPO subscribed 9.51x.

	Chemcon IPO	Likhitha Infrastructure IPO
QIB (times)	113.54x	21.99x
NII (times)	449.14x	1.54x
Big NII (times)
Small NII (times)
RII (times)	41.15x	23.71x
Employee (times)
Other (times)
Total (times)	149.30x	9.51x

Compare with others

Chemcon IPO	Likhitha Infrastructure IPO
Burger King IPO	IRFC IPO
RailTel IPO	Burger King IPO
Gland Pharma IPO	RailTel IPO
Mazagon Dock IPO	Gland Pharma IPO
Likhitha Infrastructure IPO	Mazagon Dock IPO
Route Mobile IPO	Chemcon IPO
Angel One IPO	Route Mobile IPO
Happiest Minds IPO	Angel One IPO
CAMS IPO	Happiest Minds IPO
UTI AMC IPO	CAMS IPO

Comments

Add a public comment...