Glenmark Life Sciences IPO vs Ruchi Soya FPO

Comparision between Glenmark Life Sciences IPO and Ruchi Soya FPO.

IPO Details

Glenmark Life Sciences IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Ruchi Soya FPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Glenmark Life Sciences IPO	Ruchi Soya FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	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	Axis Capital Limited ICICI Securities Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Link Intime India Private 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 Glenmark Life Sciences IPO is up to ₹1,513.60 Cr whereas the issue size of the Ruchi Soya FPO is up to ₹4,300.00 Cr. The final issue price of Glenmark Life Sciences IPO is ₹720.00 per share and of Ruchi Soya FPO is ₹650.00 per share.

	Glenmark Life Sciences IPO	Ruchi Soya FPO
Face Value	₹2 per share	₹2 per share
Issue Price (Lower)	₹695.00 per share	₹615.00 per share
Issue Price (Upper)	₹720.00 per share	₹650.00 per share
Issue Price (Final)	₹720.00 per share	₹650.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	20 shares	21 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 ₹453.60 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,513.60 Cr	up to ₹4,300.00 Cr

IPO Timetable

Glenmark Life Sciences IPO opens on Jul 27, 2021, while Ruchi Soya FPO opens on Mar 24, 2022. The closing date of Glenmark Life Sciences IPO and Ruchi Soya FPO is Jul 29, 2021, and Mar 28, 2022, respectively.

	Glenmark Life Sciences IPO	Ruchi Soya FPO
Anchor Bid Date
Issue Open	Jul 27, 2021	Mar 24, 2022
Issue Close	Jul 29, 2021	Mar 28, 2022
Basis Of Allotment (Tentative)	Aug 03, 2021	Apr 05, 2022
Initiation of Refunds (Tentative)	Aug 04, 2021	Apr 06, 2022
Credit of Share (Tentative)	Aug 05, 2021	Apr 07, 2022
Listing date (Tentative)	Aug 06, 2021	Apr 08, 2022
Anchor Lockin End date 1	Sep 02, 2021	May 05, 2022
Anchor Lockin End date 2	Nov 01, 2021	Jul 04, 2022

Financials

Glenmark Life Sciences IPO P/E ratio is , as compared to Ruchi Soya FPO P/E ratio of 30.86.

Glenmark Life Sciences IPO

Ruchi Soya FPO

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	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

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	941,180.62	900,881.98	786,761.13	789,427.20
Total Revenue	1,130,698.62	1,638,297.71	1,317,536.56	1,282,925.56
Profit After Tax	33,780.52	68,077.18	771,461.39	3,412.89

Promoter Shareholding (Pre-Issue)

100%

98.90%

Promoter Shareholding (Post-Issue)

82.84%

80.82%

P/E Ratio

30.86

Market Cap

₹23529.67 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Glenmark Life Sciences IPO retail investors (RII) are offered 75,43,130 shares while in Ruchi Soya FPO retail investors are offered 75,43,130 shares. Qualified institutional buyers (QIB) are offered 42,42,379 shares in Glenmark Life Sciences IPO and 3,30,71,000 shares in Ruchi Soya FPO.

	Glenmark Life Sciences IPO	Ruchi Soya FPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	42,42,379 shares	3,30,71,000 shares
NII	32,32,770 shares	99,21,000 shares
RII	75,43,130 shares	2,31,50,000 shares
Employee	0 shares	10,000 shares
Others
Total	1,50,18,279 shares	6,61,52,000 shares

Bids Received (Subscription)

Glenmark Life Sciences IPO subscribed 44.17x in total, whereas Ruchi Soya FPO subscribed 3.60x.

	Glenmark Life Sciences IPO	Ruchi Soya FPO
QIB (times)	36.97x	2.20x
NII (times)	122.54x	11.75x
Big NII (times)
Small NII (times)
RII (times)	14.63x	0.90x
Employee (times)		7.76x
Other (times)
Total (times)	44.17x	3.60x

Compare with others

Glenmark Life Sciences IPO	Ruchi Soya FPO
Nuvoco IPO	Zomato IPO
Rolex Rings IPO	Glenmark Life Sciences IPO
Paytm IPO	Clean Science IPO
Tatva Chintan Pharma IPO	G R Infraprojects IPO
Zomato IPO	India Pesticides IPO
Clean Science IPO	KIMS IPO
G R Infraprojects IPO	Dodla Dairy IPO
India Pesticides IPO	Sona Comstar IPO
Ruchi Soya FPO	POWERGRID InvIT IPO April 2021
KIMS IPO	Shyam Metalics IPO

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