Chemcon IPO vs Route Mobile IPO

Comparision between Chemcon IPO and Route Mobile IPO.

IPO Details

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

	Chemcon IPO	Route Mobile 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	Axis Capital Limited Edelweiss Financial Services Ltd ICICI Securities Limited Idbi Capital Market Services 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 Chemcon IPO is up to ₹318.00 Cr whereas the issue size of the Route Mobile IPO is up to ₹600.00 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of Route Mobile IPO is ₹350.00 per share.

	Chemcon IPO	Route Mobile IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹338.00 per share	₹345.00 per share
Issue Price (Upper)	₹340.00 per share	₹350.00 per share
Issue Price (Final)	₹340.00 per share	₹350.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	40 shares
Fresh Issue Size	48,52,940 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr	up to ₹240.00 Cr
OFS Issue Size	45,00,000 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr	up to ₹360.00 Cr
Issue Size Total	93,52,940 shares	1,73,91,303 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹600.00 Cr

IPO Timetable

Chemcon IPO opens on Sep 21, 2020, while Route Mobile IPO opens on Sep 09, 2020. The closing date of Chemcon IPO and Route Mobile IPO is Sep 23, 2020, and Sep 11, 2020, respectively.

	Chemcon IPO	Route Mobile IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Sep 09, 2020
Issue Close	Sep 23, 2020	Sep 11, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Sep 16, 2020
Initiation of Refunds (Tentative)	Sep 29, 2020	Sep 17, 2020
Credit of Share (Tentative)	Sep 30, 2020	Sep 18, 2020
Listing date (Tentative)	Oct 01, 2020	Sep 21, 2020
Anchor Lockin End date 1	Oct 28, 2020	Oct 16, 2020
Anchor Lockin End date 2	Dec 27, 2020	Dec 15, 2020

Financials

Chemcon IPO P/E ratio is , as compared to Route Mobile IPO P/E ratio of .

Chemcon IPO

Route Mobile 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 Million)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	6,348.31	6,265.48	5,057.81	4,473.66
Total Revenue	3,122.95	9,681.02	8,523.77	5,094.85
Profit After Tax	269.34	691.02	545.32	466.77

Promoter Shareholding (Pre-Issue)

100%

96%

Promoter Shareholding (Post-Issue)

74.47%

66.33%

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 Route Mobile IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 34,78,259 shares in Route Mobile IPO.

	Chemcon IPO	Route Mobile IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	34,78,259 shares
NII	14,07,249 shares	26,08,696 shares
RII	32,83,580 shares	60,86,957 shares
Employee	0 shares	0 shares
Others
Total	65,59,173 shares	1,21,73,912 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas Route Mobile IPO subscribed 73.30x.

	Chemcon IPO	Route Mobile IPO
QIB (times)	113.54x	89.76x
NII (times)	449.14x	192.81x
Big NII (times)
Small NII (times)
RII (times)	41.15x	12.67x
Employee (times)
Other (times)
Total (times)	149.30x	73.30x

Compare with others

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

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