Chemcon IPO vs Gland Pharma IPO

Comparision between Chemcon IPO and Gland Pharma IPO.

IPO Details

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

	Chemcon IPO	Gland Pharma 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	Citigroup Global Markets India Private Limited Haitong Securities India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd
Registrar	Link Intime India Private Ltd	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 Chemcon IPO is up to ₹318.00 Cr whereas the issue size of the Gland Pharma IPO is up to ₹6,479.55 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of Gland Pharma IPO is ₹1,500.00 per share.

	Chemcon IPO	Gland Pharma IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹338.00 per share	₹1,490.00 per share
Issue Price (Upper)	₹340.00 per share	₹1,500.00 per share
Issue Price (Final)	₹340.00 per share	₹1,500.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	10 shares
Fresh Issue Size	48,52,940 shares	83,33,333 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr	up to ₹1,250.00 Cr
OFS Issue Size	45,00,000 shares	3,48,63,635 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr	up to ₹5,229.55 Cr
Issue Size Total	93,52,940 shares	4,31,96,968 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹6,479.55 Cr

IPO Timetable

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

	Chemcon IPO	Gland Pharma IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Nov 09, 2020
Issue Close	Sep 23, 2020	Nov 11, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Nov 17, 2020
Initiation of Refunds (Tentative)	Sep 29, 2020	Nov 18, 2020
Credit of Share (Tentative)	Sep 30, 2020	Nov 19, 2020
Listing date (Tentative)	Oct 01, 2020	Nov 20, 2020
Anchor Lockin End date 1	Oct 28, 2020	Dec 17, 2020
Anchor Lockin End date 2	Dec 27, 2020	Feb 15, 2021

Financials

Chemcon IPO P/E ratio is , as compared to Gland Pharma IPO P/E ratio of .

Chemcon IPO

Gland Pharma 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	46,912.65	40,860.39	35,235.49	29,294.68
Total Revenue	9,162.89	27,724.08	21,297.67	16,716.82
Profit After Tax	3,135.90	7,728.58	4,518.56	3,210.51

Promoter Shareholding (Pre-Issue)

100%

74%

Promoter Shareholding (Post-Issue)

74.47%

58%

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 Gland Pharma IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 86,39,394 shares in Gland Pharma IPO.

	Chemcon IPO	Gland Pharma IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	86,39,394 shares
NII	14,07,249 shares	64,79,546 shares
RII	32,83,580 shares	1,51,18,939 shares
Employee	0 shares	0 shares
Others
Total	65,59,173 shares	3,02,37,879 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas Gland Pharma IPO subscribed 2.06x.

	Chemcon IPO	Gland Pharma IPO
QIB (times)	113.54x	6.40x
NII (times)	449.14x	0.51x
Big NII (times)
Small NII (times)
RII (times)	41.15x	0.24x
Employee (times)
Other (times)
Total (times)	149.30x	2.06x

Compare with others

Chemcon IPO	Gland Pharma IPO
Burger King IPO	Antony Waste IPO
RailTel IPO	Mrs. Bectors Food IPO
Gland Pharma IPO	IRFC IPO
Mazagon Dock IPO	Burger King IPO
Likhitha Infrastructure IPO	RailTel IPO
Route Mobile IPO	Mazagon Dock IPO
Angel One IPO	Likhitha Infrastructure IPO
Happiest Minds IPO	Chemcon IPO
CAMS IPO	Route Mobile IPO
UTI AMC IPO	Angel One IPO

Comments

Add a public comment...