Neogen Chemicals IPO vs Spandana Sphoorty IPO

Comparision between Neogen Chemicals IPO and Spandana Sphoorty IPO.

IPO Details

Neogen Chemicals IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Spandana Sphoorty IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Neogen Chemicals IPO	Spandana Sphoorty 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	Batlivala & Karani Securities India Private Limited Inga Ventures Pvt Ltd	Axis Capital Limited ICICI Securities Limited Iifl Securities Ltd Indusind Bank Limited Jm Financial Limited Yes Securities (India) 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 Neogen Chemicals IPO is up to ₹132.35 Cr whereas the issue size of the Spandana Sphoorty IPO is up to ₹1,202.34 Cr. The final issue price of Neogen Chemicals IPO is ₹215.00 per share and of Spandana Sphoorty IPO is ₹856.00 per share.

	Neogen Chemicals IPO	Spandana Sphoorty IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹212.00 per share	₹853.00 per share
Issue Price (Upper)	₹215.00 per share	₹856.00 per share
Issue Price (Final)	₹215.00 per share	₹856.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	65 shares	17 shares
Fresh Issue Size		46,89,331 shares
Fresh Issue Size (Amount)	up to ₹70.00 Cr	up to ₹400.00 Cr
OFS Issue Size	29,00,000 shares	93,56,725 shares
OFS Issue Size (Amount)
Issue Size Total		1,40,46,056 shares
Issue Size Total (Amount)	up to ₹132.35 Cr	up to ₹1,202.34 Cr

IPO Timetable

Neogen Chemicals IPO opens on Apr 24, 2019, while Spandana Sphoorty IPO opens on Aug 05, 2019. The closing date of Neogen Chemicals IPO and Spandana Sphoorty IPO is Apr 26, 2019, and Aug 07, 2019, respectively.

	Neogen Chemicals IPO	Spandana Sphoorty IPO
Anchor Bid Date
Issue Open	Apr 24, 2019	Aug 05, 2019
Issue Close	Apr 26, 2019	Aug 07, 2019
Basis Of Allotment (Tentative)	May 03, 2019	Aug 14, 2019
Initiation of Refunds (Tentative)	May 06, 2019	Aug 14, 2019
Credit of Share (Tentative)	May 07, 2019	Aug 16, 2019
Listing date (Tentative)	May 08, 2019	Aug 19, 2019
Anchor Lockin End date 1	Jun 02, 2019	Sep 13, 2019
Anchor Lockin End date 2	Aug 01, 2019	Nov 12, 2019

Financials

Neogen Chemicals IPO P/E ratio is , as compared to Spandana Sphoorty IPO P/E ratio of .

Neogen Chemicals IPO

Spandana Sphoorty IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Dec-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,374.06	1,800.53	1,523.15	804.82	687.56	629.33
Total Revenue	1592.31	1,640.12	1,214.67	1,088.85	914.84	799.04
Profit After Tax	122.21	104.97	76.83	51.80	50.85	36.43

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. 10 Lakhs)
	31-Mar-19	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	48,980.37	37,642.47	19,286.22	20,998.95	23,524.69
Total Revenue	10,362.81	5,872.74	3,770.64	3,438.62	3,019.71
Profit After Tax	3,087.48	1,879.71	4,434.14	2,432.35	1,050.99

Promoter Shareholding (Pre-Issue)

81.21%

Promoter Shareholding (Post-Issue)

62.6%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Neogen Chemicals IPO retail investors (RII) are offered 21,70,661 shares while in Spandana Sphoorty IPO retail investors are offered 21,70,661 shares. Qualified institutional buyers (QIB) are offered 12,28,094 shares in Neogen Chemicals IPO and 70,23,027 shares in Spandana Sphoorty IPO.

	Neogen Chemicals IPO	Spandana Sphoorty IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	12,28,094 shares	70,23,027 shares
NII	9,30,283 shares	21,06,909 shares
RII	21,70,661 shares	49,16,120 shares
Employee	0 shares
Others
Total	43,29,038 shares	1,40,46,056 shares

Bids Received (Subscription)

Neogen Chemicals IPO subscribed 41.07x in total, whereas Spandana Sphoorty IPO subscribed 1.05x.

	Neogen Chemicals IPO	Spandana Sphoorty IPO
QIB (times)	30.49x	3.11x
NII (times)	113.88x	0.55x
Big NII (times)
Small NII (times)
RII (times)	15.86x	0.09x
Employee (times)
Other (times)
Total (times)	41.07x	1.05x

Compare with others

Neogen Chemicals IPO	Spandana Sphoorty IPO
Vishwaraj IPO	Ujjivan Bank IPO
Sterling and Wilson IPO	CSB Bank IPO
Spandana Sphoorty IPO	IRCTC IPO
Affle IPO	Vishwaraj IPO
IndiaMart IPO	Sterling and Wilson IPO
Rail Vikas IPO	Affle IPO
Polycab IPO	IndiaMart IPO
Metropolis IPO	Neogen Chemicals IPO
Embassy Office Parks	Rail Vikas IPO
MSTC IPO	Polycab IPO

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