Chemcon IPO vs RailTel IPO

Comparision between Chemcon IPO and RailTel IPO.

IPO Details

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

	Chemcon IPO	RailTel 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	ICICI Securities Limited Idbi Capital Market Services Limited SBI Capital Markets 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 Chemcon IPO is up to ₹318.00 Cr whereas the issue size of the RailTel IPO is up to ₹819.24 Cr. The final issue price of Chemcon IPO is ₹340.00 per share and of RailTel IPO is ₹94.00 per share.

	Chemcon IPO	RailTel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹338.00 per share	₹93.00 per share
Issue Price (Upper)	₹340.00 per share	₹94.00 per share
Issue Price (Final)	₹340.00 per share	₹94.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	155 shares
Fresh Issue Size	48,52,940 shares
Fresh Issue Size (Amount)	up to ₹165.00 Cr
OFS Issue Size	45,00,000 shares	8,71,53,369 shares
OFS Issue Size (Amount)	up to ₹153.00 Cr	up to ₹819.24 Cr
Issue Size Total	93,52,940 shares	8,71,53,369 shares
Issue Size Total (Amount)	up to ₹318.00 Cr	up to ₹819.24 Cr

IPO Timetable

Chemcon IPO opens on Sep 21, 2020, while RailTel IPO opens on Feb 16, 2021. The closing date of Chemcon IPO and RailTel IPO is Sep 23, 2020, and Feb 18, 2021, respectively.

	Chemcon IPO	RailTel IPO
Anchor Bid Date
Issue Open	Sep 21, 2020	Feb 16, 2021
Issue Close	Sep 23, 2020	Feb 18, 2021
Basis Of Allotment (Tentative)	Sep 28, 2020	Feb 23, 2021
Initiation of Refunds (Tentative)	Sep 29, 2020	Feb 24, 2021
Credit of Share (Tentative)	Sep 30, 2020	Feb 24, 2021
Listing date (Tentative)	Oct 01, 2020	Feb 26, 2021
Anchor Lockin End date 1	Oct 28, 2020	Mar 25, 2021
Anchor Lockin End date 2	Dec 27, 2020	May 24, 2021

Financials

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

Chemcon IPO

RailTel 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-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	24,821.50	23,981	22,276.75	23,228.79
Total Revenue	5,537.84	11,660.05	10,382.66	10,212.18
Profit After Tax	455.84	1,410.66	1,353.56	1,340.06

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

74.47%

72.84%

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 RailTel IPO retail investors are offered 32,83,580 shares. Qualified institutional buyers (QIB) are offered 18,68,344 shares in Chemcon IPO and 1,73,69,237 shares in RailTel IPO.

	Chemcon IPO	RailTel IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	18,68,344 shares	1,73,69,237 shares
NII	14,07,249 shares	1,29,98,006 shares
RII	32,83,580 shares	3,03,28,680 shares
Employee	0 shares	5,00,000 shares
Others
Total	65,59,173 shares	6,11,95,923 shares

Bids Received (Subscription)

Chemcon IPO subscribed 149.30x in total, whereas RailTel IPO subscribed 42.39x.

	Chemcon IPO	RailTel IPO
QIB (times)	113.54x	65.14x
NII (times)	449.14x	73.25x
Big NII (times)
Small NII (times)
RII (times)	41.15x	16.78x
Employee (times)		3.35x
Other (times)
Total (times)	149.30x	42.39x

Compare with others

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

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