Emcure Pharma IPO vs OLA Electric IPO

Comparision between Emcure Pharma IPO and OLA Electric IPO.

IPO Details

Emcure Pharma IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while OLA Electric IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Emcure Pharma IPO	OLA Electric 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	Kotak Mahindra Capital Company Limited Axis Capital Limited J.P. Morgan India Private Limited Jefferies India Private Limited	Kotak Mahindra Capital Company Limited Bofa Securities India Limited Axis Capital Limited SBI Capital Markets Limited Citigroup Global Markets India Private Limited Goldman Sachs (India) Securities Private Limited ICICI Securities Limited Bob Capital Markets Limited
Registrar	Link Intime India Private Ltd	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 Emcure Pharma IPO is up to ₹1,952.03 Cr whereas the issue size of the OLA Electric IPO is up to ₹6,145.56 Cr. The final issue price of Emcure Pharma IPO is ₹1,008.00 per share and of OLA Electric IPO is ₹76.00 per share.

	Emcure Pharma IPO	OLA Electric IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹960.00 per share	₹72.00 per share
Issue Price (Upper)	₹1,008.00 per share	₹76.00 per share
Issue Price (Final)	₹1,008.00 per share	₹76.00 per share
Discount (Retail)
Discount (Employee)	₹90.00 per share	₹7.00 per share
Market Lot Size	14 shares	195 shares
Fresh Issue Size	79,36,507 shares	72,36,84,210 shares
Fresh Issue Size (Amount)	up to ₹800.00 Cr	up to ₹5,500.00 Cr
OFS Issue Size	1,14,28,839 shares	8,49,41,997 shares
OFS Issue Size (Amount)	up to ₹1,152.03 Cr	up to ₹645.56 Cr
Issue Size Total	1,93,65,346 shares	80,86,26,207 shares
Issue Size Total (Amount)	up to ₹1,952.03 Cr	up to ₹6,145.56 Cr

IPO Timetable

Emcure Pharma IPO opens on Jul 03, 2024, while OLA Electric IPO opens on Aug 02, 2024. The closing date of Emcure Pharma IPO and OLA Electric IPO is Jul 05, 2024, and Aug 06, 2024, respectively.

	Emcure Pharma IPO	OLA Electric IPO
Anchor Bid Date	Jul 02, 2024	Aug 01, 2024
Issue Open	Jul 03, 2024	Aug 02, 2024
Issue Close	Jul 05, 2024	Aug 06, 2024
Basis Of Allotment (Tentative)	Jul 08, 2024	Aug 07, 2024
Initiation of Refunds (Tentative)	Jul 09, 2024	Aug 08, 2024
Credit of Share (Tentative)	Jul 09, 2024	Aug 08, 2024
Listing date (Tentative)	Jul 10, 2024	Aug 09, 2024
Anchor Lockin End date 1	Aug 07, 2024	Sep 05, 2024
Anchor Lockin End date 2	Oct 06, 2024	Nov 04, 2024

Financials

Emcure Pharma IPO P/E ratio is 34.55, as compared to OLA Electric IPO P/E ratio of -17.69.

Emcure Pharma IPO

OLA Electric IPO

Financial

Emcure Pharmaceuticals Limited Financial Information (Restated Consolidated)

Emcure Pharmaceuticals Limited's revenue increased by 11.33% and profit after tax (PAT) dropped by -6.1% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,806.16	6,672.53	6,063.47
Revenue	6,715.24	6,031.72	5,918.86
Profit After Tax	527.58	561.85	702.56
Net Worth	2,952.28	2,501.13	1,987.55
Reserves and Surplus	2,722.40	2,293.77	1,791.03
Total Borrowing	2,091.94	2,202.42	2,102.19
Amount in ₹ Crore

Ola Electric Mobility Limited Financial Information (Restated Consolidated)

Ola Electric Mobility Limited's revenue increased by 88.42% and profit after tax (PAT) dropped by -7.63% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,735.41	5,573.17	5,395.86	2,112.64
Revenue	5,243.27	2,782.70	456.26	106.08
Profit After Tax	-1,584.40	-1,472.08	-784.15	-199.23
Net Worth	2,019.34	2,356.44	3,661.45	1,970.62
Reserves and Surplus	-2,882.54	-1,380.03	-68.83	1,999.30
Total Borrowing	2,389.21	1,645.75	750.41	38.87
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

98.90%

85.77%

Promoter Shareholding (Post-Issue)

78.24%

P/E Ratio

34.55

-17.69

Market Cap

₹19029.89 Cr.

₹33521.75 Cr.

ROE

16.90%%

ROCE

19.37%%

Debt/Equity

0.67

EPS

₹29.17

₹-4.30

RoNW

16.87%%

-78.46%%

Shares Offered

In the Emcure Pharma IPO retail investors (RII) are offered 67,43,160 shares while in OLA Electric IPO retail investors are offered 67,43,160 shares. Qualified institutional buyers (QIB) are offered 38,53,234 shares in Emcure Pharma IPO and 24,23,70,750 shares in OLA Electric IPO.

	Emcure Pharma IPO	OLA Electric IPO
Anchor Investor Reserveration	57,79,850 shares	36,35,56,135 shares
Market Maker Reserveration
QIB	38,53,234 shares	24,23,70,750 shares
NII	28,89,926 shares	12,11,85,387 shares
RII	67,43,160 shares	8,07,90,252 shares
Employee	1,08,900 shares	7,97,101 shares
Others
Total	1,37,03,538 shares	44,51,43,490 shares

Bids Received (Subscription)

Emcure Pharma IPO subscribed 67.87x in total, whereas OLA Electric IPO subscribed 4.45x.

	Emcure Pharma IPO	OLA Electric IPO
QIB (times)	191.24x	5.53x
NII (times)	49.32x	2.51x
Big NII (times)	54.90x	2.75x
Small NII (times)	38.16x	2.03x
RII (times)	7.36x	4.05x
Employee (times)	8.81x	12.38x
Other (times)
Total (times)	67.87x	4.45x

Compare with others

Emcure Pharma IPO	OLA Electric IPO
Brainbees Solutions (Firstcry) IPO	Ceigall India IPO
Ceigall India IPO	Akums Drugs and Pharmaceuticals IPO
Akums Drugs and Pharmaceuticals IPO	Sanstar IPO
Sanstar IPO	Bansal Wire IPO
Bansal Wire IPO	Emcure Pharma IPO
OLA Electric IPO	Vraj Iron and Steel IPO
Vraj Iron and Steel IPO	Aasaan Loans IPO
Aasaan Loans IPO	Stanley Lifestyles IPO
Stanley Lifestyles IPO	DEE Piping Systems IPO
DEE Piping Systems IPO	ixigo IPO

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