Route Mobile IPO vs UTI AMC IPO

Comparision between Route Mobile IPO and UTI AMC IPO.

IPO Details

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

	Route Mobile IPO	UTI AMC 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 Edelweiss Financial Services Ltd ICICI Securities Limited Idbi Capital Market Services Limited	Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited ICICI Securities Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	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 Route Mobile IPO is up to ₹600.00 Cr whereas the issue size of the UTI AMC IPO is up to ₹2,159.88 Cr. The final issue price of Route Mobile IPO is ₹350.00 per share and of UTI AMC IPO is ₹554.00 per share.

	Route Mobile IPO	UTI AMC IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹345.00 per share	₹552.00 per share
Issue Price (Upper)	₹350.00 per share	₹554.00 per share
Issue Price (Final)	₹350.00 per share	₹554.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	40 shares	27 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹240.00 Cr
OFS Issue Size
OFS Issue Size (Amount)	up to ₹360.00 Cr
Issue Size Total	1,73,91,303 shares	3,89,87,081 shares
Issue Size Total (Amount)	up to ₹600.00 Cr	up to ₹2,159.88 Cr

IPO Timetable

Route Mobile IPO opens on Sep 09, 2020, while UTI AMC IPO opens on Sep 29, 2020. The closing date of Route Mobile IPO and UTI AMC IPO is Sep 11, 2020, and Oct 01, 2020, respectively.

	Route Mobile IPO	UTI AMC IPO
Anchor Bid Date
Issue Open	Sep 09, 2020	Sep 29, 2020
Issue Close	Sep 11, 2020	Oct 01, 2020
Basis Of Allotment (Tentative)	Sep 16, 2020	Oct 07, 2020
Initiation of Refunds (Tentative)	Sep 17, 2020	Oct 08, 2020
Credit of Share (Tentative)	Sep 18, 2020	Oct 09, 2020
Listing date (Tentative)	Sep 21, 2020	Oct 12, 2020
Anchor Lockin End date 1	Oct 16, 2020	Nov 06, 2020
Anchor Lockin End date 2	Dec 15, 2020	Jan 05, 2021

Financials

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

Route Mobile IPO

UTI AMC IPO

Financial

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

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	32,634.28	31,549.18	30,132.63	29,192.52
Total Revenue	2,710.68	8,909.61	10,808.94	11,627.47
Profit After Tax	1,010.75	2,764.85	3,479.27	4,050.91

Promoter Shareholding (Pre-Issue)

96%

98.96%

Promoter Shareholding (Post-Issue)

66.33%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Route Mobile IPO retail investors (RII) are offered 60,86,957 shares while in UTI AMC IPO retail investors are offered 60,86,957 shares. Qualified institutional buyers (QIB) are offered 34,78,259 shares in Route Mobile IPO and in UTI AMC IPO.

	Route Mobile IPO	UTI AMC IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	34,78,259 shares
NII	26,08,696 shares
RII	60,86,957 shares
Employee	0 shares	2,00,000 shares
Others
Total	1,21,73,912 shares	3,87,87,081 shares

Bids Received (Subscription)

Route Mobile IPO subscribed 73.30x in total, whereas UTI AMC IPO subscribed 2.31x.

	Route Mobile IPO	UTI AMC IPO
QIB (times)	89.76x	3.34x
NII (times)	192.81x	0.93x
Big NII (times)
Small NII (times)
RII (times)	12.67x	2.32x
Employee (times)		1.34x
Other (times)
Total (times)	73.30x	2.31x

Compare with others

Route Mobile IPO	UTI AMC IPO
RailTel IPO	Chemcon IPO
Gland Pharma IPO	Route Mobile IPO
Mazagon Dock IPO	Angel One IPO
Likhitha Infrastructure IPO	Happiest Minds IPO
Chemcon IPO	CAMS IPO
Angel One IPO	Mindspace REIT
Happiest Minds IPO	Yes Bank FPO
CAMS IPO	Rossari Biotech IPO
UTI AMC IPO	Equitas Small Finance Bank IPO
Mindspace REIT	Prince Pipes IPO

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