Likhitha Infrastructure IPO vs RailTel IPO

Comparision between Likhitha Infrastructure IPO and RailTel IPO.

IPO Details

Likhitha Infrastructure 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.

	Likhitha Infrastructure 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	Unistone Capital Pvt Ltd	ICICI Securities Limited Idbi Capital Market Services Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt 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 Likhitha Infrastructure IPO is up to ₹61.20 Cr whereas the issue size of the RailTel IPO is up to ₹819.24 Cr. The final issue price of Likhitha Infrastructure IPO is ₹120.00 per share and of RailTel IPO is ₹94.00 per share.

	Likhitha Infrastructure IPO	RailTel IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹116.00 per share	₹93.00 per share
Issue Price (Upper)	₹120.00 per share	₹94.00 per share
Issue Price (Final)	₹120.00 per share	₹94.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	125 shares	155 shares
Fresh Issue Size	51,00,000 shares
Fresh Issue Size (Amount)	up to ₹61.20 Cr
OFS Issue Size		8,71,53,369 shares
OFS Issue Size (Amount)		up to ₹819.24 Cr
Issue Size Total	51,00,000 shares	8,71,53,369 shares
Issue Size Total (Amount)	up to ₹61.20 Cr	up to ₹819.24 Cr

IPO Timetable

Likhitha Infrastructure IPO opens on Sep 29, 2020, while RailTel IPO opens on Feb 16, 2021. The closing date of Likhitha Infrastructure IPO and RailTel IPO is Oct 07, 2020, and Feb 18, 2021, respectively.

	Likhitha Infrastructure IPO	RailTel IPO
Anchor Bid Date
Issue Open	Sep 29, 2020	Feb 16, 2021
Issue Close	Oct 07, 2020	Feb 18, 2021
Basis Of Allotment (Tentative)	Oct 12, 2020	Feb 23, 2021
Initiation of Refunds (Tentative)	Oct 13, 2020	Feb 24, 2021
Credit of Share (Tentative)	Oct 14, 2020	Feb 24, 2021
Listing date (Tentative)	Oct 15, 2020	Feb 26, 2021
Anchor Lockin End date 1	Nov 11, 2020	Mar 25, 2021
Anchor Lockin End date 2	Jan 10, 2021	May 24, 2021

Financials

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

Likhitha Infrastructure IPO

RailTel IPO

Financial

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

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)

99.96%

100%

Promoter Shareholding (Post-Issue)

74.11%

72.84%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Likhitha Infrastructure IPO retail investors (RII) are offered 17,85,000 shares while in RailTel IPO retail investors are offered 17,85,000 shares. Qualified institutional buyers (QIB) are offered 51,000 shares in Likhitha Infrastructure IPO and 1,73,69,237 shares in RailTel IPO.

	Likhitha Infrastructure IPO	RailTel IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	51,000 shares	1,73,69,237 shares
NII	32,64,000 shares	1,29,98,006 shares
RII	17,85,000 shares	3,03,28,680 shares
Employee	0 shares	5,00,000 shares
Others
Total	51,00,000 shares	6,11,95,923 shares

Bids Received (Subscription)

Likhitha Infrastructure IPO subscribed 9.51x in total, whereas RailTel IPO subscribed 42.39x.

	Likhitha Infrastructure IPO	RailTel IPO
QIB (times)	21.99x	65.14x
NII (times)	1.54x	73.25x
Big NII (times)
Small NII (times)
RII (times)	23.71x	16.78x
Employee (times)		3.35x
Other (times)
Total (times)	9.51x	42.39x

Compare with others

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

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