Chemcon IPO vs Mazagon Dock IPO

Comparision between Chemcon IPO and Mazagon Dock IPO.

IPO Details

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

	Chemcon IPO	Mazagon Dock 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 Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Edelweiss Financial Services Ltd Jm Financial Limited Yes Securities (India) Limited
Registrar	Link Intime India Private Ltd	Alankit Assignments 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 Mazagon Dock IPO is up to ₹443.69 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of Mazagon Dock IPO is ₹145.00 per share.

	Chemcon IPO	Mazagon Dock IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹338.00 per share	₹135.00 per share
Issue Price (Upper)	₹340.00 per share	₹145.00 per share
Issue Price (Final)	₹340.00 per share	₹145.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	103 shares
Fresh Issue Size	48,52,940 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr
OFS Issue Size	45,00,000 shares	3,05,99,017 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr	up to ₹443.69 Cr
Issue Size Total	93,52,940 shares	3,05,99,017 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹443.69 Cr

IPO Timetable

Chemcon IPO opens on Sep 21, 2020, while Mazagon Dock IPO opens on Sep 29, 2020. The closing date of Chemcon IPO and Mazagon Dock IPO is Sep 23, 2020, and Oct 01, 2020, respectively.

	Chemcon IPO	Mazagon Dock IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Sep 29, 2020
Issue Close	Sep 23, 2020	Oct 01, 2020
Basis Of Allotment (Tentative)	Sep 28, 2020	Oct 07, 2020
Initiation of Refunds (Tentative)	Sep 29, 2020	Oct 08, 2020
Credit of Share (Tentative)	Sep 30, 2020	Oct 09, 2020
Listing date (Tentative)	Oct 01, 2020	Oct 12, 2020
Anchor Lockin End date 1	Oct 28, 2020	Nov 06, 2020
Anchor Lockin End date 2	Dec 27, 2020	Jan 05, 2021

Financials

Chemcon IPO P/E ratio is , as compared to Mazagon Dock IPO P/E ratio of .

Chemcon IPO

Mazagon Dock 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)
	31-Mar-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	209,660.28	208,479.34	193,703.72	193,911.65
Total Revenue	55,353.07	52,046.74	50,276.29	42,748.63
Profit After Tax	4,770.59	5,324.74	4,961.73	5,982.58

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

74.47%

85%

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 Mazagon Dock IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 1,51,26,750 shares in Mazagon Dock IPO.

	Chemcon IPO	Mazagon Dock IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	1,51,26,750 shares
NII	14,07,249 shares	45,38,025 shares
RII	32,83,580 shares	1,05,88,725 shares
Employee	0 shares	3,45,517 shares
Others
Total	65,59,173 shares	3,05,99,017 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas Mazagon Dock IPO subscribed 157.41x.

	Chemcon IPO	Mazagon Dock IPO
QIB (times)	113.54x	89.71x
NII (times)	449.14x	678.88x
Big NII (times)
Small NII (times)
RII (times)	41.15x	35.63x
Employee (times)		3.88x
Other (times)
Total (times)	149.30x	157.41x

Compare with others

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

Comments

Add a public comment...