Gland Pharma IPO vs Likhitha Infrastructure IPO

Comparision between Gland Pharma IPO and Likhitha Infrastructure IPO.

IPO Details

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

	Gland Pharma IPO	Likhitha Infrastructure 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	Citigroup Global Markets India Private Limited Haitong Securities India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt 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 Gland Pharma IPO is up to ₹6,479.55 Cr whereas the issue size of the Likhitha Infrastructure IPO is up to ₹61.20 Cr. The final issue price of Gland Pharma IPO is ₹1,500.00 per share and of Likhitha Infrastructure IPO is ₹120.00 per share.

	Gland Pharma IPO	Likhitha Infrastructure IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹1,490.00 per share	₹116.00 per share
Issue Price (Upper)	₹1,500.00 per share	₹120.00 per share
Issue Price (Final)	₹1,500.00 per share	₹120.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10 shares	125 shares
Fresh Issue Size	83,33,333 shares	51,00,000 shares
Fresh Issue Size (Amount)	up to ₹1,250.00 Cr	up to ₹61.20 Cr
OFS Issue Size	3,48,63,635 shares
OFS Issue Size (Amount)	up to ₹5,229.55 Cr
Issue Size Total	4,31,96,968 shares	51,00,000 shares
Issue Size Total (Amount)	up to ₹6,479.55 Cr	up to ₹61.20 Cr

IPO Timetable

Gland Pharma IPO opens on Nov 09, 2020, while Likhitha Infrastructure IPO opens on Sep 29, 2020. The closing date of Gland Pharma IPO and Likhitha Infrastructure IPO is Nov 11, 2020, and Oct 07, 2020, respectively.

	Gland Pharma IPO	Likhitha Infrastructure IPO
Anchor Bid Date
Issue Open	Nov 09, 2020	Sep 29, 2020
Issue Close	Nov 11, 2020	Oct 07, 2020
Basis Of Allotment (Tentative)	Nov 17, 2020	Oct 12, 2020
Initiation of Refunds (Tentative)	Nov 18, 2020	Oct 13, 2020
Credit of Share (Tentative)	Nov 19, 2020	Oct 14, 2020
Listing date (Tentative)	Nov 20, 2020	Oct 15, 2020
Anchor Lockin End date 1	Dec 17, 2020	Nov 11, 2020
Anchor Lockin End date 2	Feb 15, 2021	Jan 10, 2021

Financials

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

Gland Pharma IPO

Likhitha Infrastructure IPO

Financial

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

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	10,085.61	8,457.38	6,722.91
Total Revenue	16,279.02	14,054.68	8,860.56
Profit After Tax	1,987.93	1,785.51	716.22

Promoter Shareholding (Pre-Issue)

74%

99.96%

Promoter Shareholding (Post-Issue)

58%

74.11%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Gland Pharma IPO retail investors (RII) are offered 1,51,18,939 shares while in Likhitha Infrastructure IPO retail investors are offered 1,51,18,939 shares. Qualified institutional buyers (QIB) are offered 86,39,394 shares in Gland Pharma IPO and 51,000 shares in Likhitha Infrastructure IPO.

	Gland Pharma IPO	Likhitha Infrastructure IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	86,39,394 shares	51,000 shares
NII	64,79,546 shares	32,64,000 shares
RII	1,51,18,939 shares	17,85,000 shares
Employee	0 shares	0 shares
Others
Total	3,02,37,879 shares	51,00,000 shares

Bids Received (Subscription)

Gland Pharma IPO subscribed 2.06x in total, whereas Likhitha Infrastructure IPO subscribed 9.51x.

	Gland Pharma IPO	Likhitha Infrastructure IPO
QIB (times)	6.40x	21.99x
NII (times)	0.51x	1.54x
Big NII (times)
Small NII (times)
RII (times)	0.24x	23.71x
Employee (times)
Other (times)
Total (times)	2.06x	9.51x

Compare with others

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

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