Clean Science IPO vs Glenmark Life Sciences IPO

Comparision between Clean Science IPO and Glenmark Life Sciences IPO.

IPO Details

Clean Science IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Glenmark Life Sciences IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Clean Science IPO	Glenmark Life Sciences 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 Jm Financial Limited Kotak Mahindra Capital Company Limited	Bofa Securities India Limited Bob Capital Markets Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Goldman Sachs (India) Securities Private Limited Kotak Mahindra Capital Company Limited SBI Capital Markets 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 Clean Science IPO is up to ₹1,546.62 Cr whereas the issue size of the Glenmark Life Sciences IPO is up to ₹1,513.60 Cr. The final issue price of Clean Science IPO is ₹900.00 per share and of Glenmark Life Sciences IPO is ₹720.00 per share.

	Clean Science IPO	Glenmark Life Sciences IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹880.00 per share	₹695.00 per share
Issue Price (Upper)	₹900.00 per share	₹720.00 per share
Issue Price (Final)	₹900.00 per share	₹720.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	16 shares	20 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹1,060.00 Cr
OFS Issue Size		63,00,000 shares
OFS Issue Size (Amount)	up to ₹1,546.62 Cr	up to ₹453.60 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,546.62 Cr	up to ₹1,513.60 Cr

IPO Timetable

Clean Science IPO opens on Jul 07, 2021, while Glenmark Life Sciences IPO opens on Jul 27, 2021. The closing date of Clean Science IPO and Glenmark Life Sciences IPO is Jul 09, 2021, and Jul 29, 2021, respectively.

	Clean Science IPO	Glenmark Life Sciences IPO
Anchor Bid Date
Issue Open	Jul 07, 2021	Jul 27, 2021
Issue Close	Jul 09, 2021	Jul 29, 2021
Basis Of Allotment (Tentative)	Jul 14, 2021	Aug 03, 2021
Initiation of Refunds (Tentative)	Jul 15, 2021	Aug 04, 2021
Credit of Share (Tentative)	Jul 16, 2021	Aug 05, 2021
Listing date (Tentative)	Jul 19, 2021	Aug 06, 2021
Anchor Lockin End date 1	Aug 13, 2021	Sep 02, 2021
Anchor Lockin End date 2	Oct 12, 2021	Nov 01, 2021

Financials

Clean Science IPO P/E ratio is , as compared to Glenmark Life Sciences IPO P/E ratio of .

Clean Science IPO

Glenmark Life Sciences IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	6,599.17	4,298.79	3,274.73
Total Revenue	5,380.71	4,301.65	4,045.63
Profit After Tax	1,983.80	1,396.31	976.58

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,970.75	17,256.04	14,753.95
Total Revenue	18,859.76	15,493.03	8,868.65
Profit After Tax	3,515.81	3,130.98	1,955.92

Promoter Shareholding (Pre-Issue)

94.66%

100%

Promoter Shareholding (Post-Issue)

78.51%

82.84%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Clean Science IPO retail investors (RII) are offered 61,51,336 shares while in Glenmark Life Sciences IPO retail investors are offered 61,51,336 shares. Qualified institutional buyers (QIB) are offered 87,87,622 shares in Clean Science IPO and 42,42,379 shares in Glenmark Life Sciences IPO.

	Clean Science IPO	Glenmark Life Sciences IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	87,87,622 shares	42,42,379 shares
NII	26,36,287 shares	32,32,770 shares
RII	61,51,336 shares	75,43,130 shares
Employee		0 shares
Others
Total	1,75,75,245 shares	1,50,18,279 shares

Bids Received (Subscription)

Clean Science IPO subscribed 93.41x in total, whereas Glenmark Life Sciences IPO subscribed 44.17x.

	Clean Science IPO	Glenmark Life Sciences IPO
QIB (times)	156.37x	36.97x
NII (times)	206.43x	122.54x
Big NII (times)
Small NII (times)
RII (times)	9.00x	14.63x
Employee (times)
Other (times)
Total (times)	93.41x	44.17x

Compare with others

Clean Science IPO	Glenmark Life Sciences IPO
Rolex Rings IPO	Nuvoco IPO
Paytm IPO	Rolex Rings IPO
Tatva Chintan Pharma IPO	Paytm IPO
Zomato IPO	Tatva Chintan Pharma IPO
Glenmark Life Sciences IPO	Zomato IPO
G R Infraprojects IPO	Clean Science IPO
India Pesticides IPO	G R Infraprojects IPO
Ruchi Soya FPO	India Pesticides IPO
KIMS IPO	Ruchi Soya FPO
Dodla Dairy IPO	KIMS IPO

Comments

Add a public comment...