Glenmark Life Sciences IPO vs Rolex Rings IPO

Comparision between Glenmark Life Sciences IPO and Rolex Rings IPO.

IPO Details

Glenmark Life Sciences IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Rolex Rings IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Glenmark Life Sciences IPO	Rolex Rings 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	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	Equirus Capital Private Limited Idbi Capital Market Services Limited Jm Financial 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 Rolex Rings IPO is up to ₹731.00 Cr. The final issue price of Glenmark Life Sciences IPO is ₹720.00 per share and of Rolex Rings IPO is ₹900.00 per share.

	Glenmark Life Sciences IPO	Rolex Rings IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹695.00 per share	₹880.00 per share
Issue Price (Upper)	₹720.00 per share	₹900.00 per share
Issue Price (Final)	₹720.00 per share	₹900.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	20 shares	16 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹1,060.00 Cr	up to ₹56.00 Cr
OFS Issue Size	63,00,000 shares	75,00,000 shares
OFS Issue Size (Amount)	up to ₹453.60 Cr	up to ₹675.00 Cr
Issue Size Total
Issue Size Total (Amount)	up to ₹1,513.60 Cr	up to ₹731.00 Cr

IPO Timetable

Glenmark Life Sciences IPO opens on Jul 27, 2021, while Rolex Rings IPO opens on Jul 28, 2021. The closing date of Glenmark Life Sciences IPO and Rolex Rings IPO is Jul 29, 2021, and Jul 30, 2021, respectively.

	Glenmark Life Sciences IPO	Rolex Rings IPO
Anchor Bid Date
Issue Open	Jul 27, 2021	Jul 28, 2021
Issue Close	Jul 29, 2021	Jul 30, 2021
Basis Of Allotment (Tentative)	Aug 03, 2021	Aug 04, 2021
Initiation of Refunds (Tentative)	Aug 04, 2021	Aug 05, 2021
Credit of Share (Tentative)	Aug 05, 2021	Aug 06, 2021
Listing date (Tentative)	Aug 06, 2021	Aug 09, 2021
Anchor Lockin End date 1	Sep 02, 2021	Sep 03, 2021
Anchor Lockin End date 2	Nov 01, 2021	Nov 02, 2021

Financials

Glenmark Life Sciences IPO P/E ratio is , as compared to Rolex Rings IPO P/E ratio of .

Glenmark Life Sciences IPO

Rolex Rings IPO

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 million)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	7,969.24	6,861.73	7,822.57
Total Revenue	6,197.57	6,753.32	9,112.54
Profit After Tax	869.55	529.41	590.41

Promoter Shareholding (Pre-Issue)

100%

58.99%

Promoter Shareholding (Post-Issue)

82.84%

57.64%

P/E Ratio

Market Cap

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 Rolex Rings IPO retail investors are offered 75,43,130 shares. Qualified institutional buyers (QIB) are offered 42,42,379 shares in Glenmark Life Sciences IPO and 16,24,444 shares in Rolex Rings IPO.

	Glenmark Life Sciences IPO	Rolex Rings IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	42,42,379 shares	16,24,444 shares
NII	32,32,770 shares	12,18,334 shares
RII	75,43,130 shares	28,42,778 shares
Employee	0 shares	0 shares
Others
Total	1,50,18,279 shares	56,85,556 shares

Bids Received (Subscription)

Glenmark Life Sciences IPO subscribed 44.17x in total, whereas Rolex Rings IPO subscribed 130.44x.

	Glenmark Life Sciences IPO	Rolex Rings IPO
QIB (times)	36.97x	143.58x
NII (times)	122.54x	360.11x
Big NII (times)
Small NII (times)
RII (times)	14.63x	24.49x
Employee (times)
Other (times)
Total (times)	44.17x	130.44x

Compare with others

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Rolex Rings IPO	Devyani International IPO
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Zomato IPO	Nuvoco IPO
Clean Science IPO	Paytm IPO
G R Infraprojects IPO	Tatva Chintan Pharma IPO
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Ruchi Soya FPO	Glenmark Life Sciences IPO
KIMS IPO	Clean Science IPO

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