Gland Pharma IPO vs Route Mobile IPO

Comparision between Gland Pharma IPO and Route Mobile IPO.

IPO Details

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

	Gland Pharma IPO	Route Mobile 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	Axis Capital Limited Edelweiss Financial Services Ltd ICICI Securities Limited Idbi Capital Market Services 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 Gland Pharma IPO is up to ₹6,479.55 Cr whereas the issue size of the Route Mobile IPO is up to ₹600.00 Cr. The final issue price of Gland Pharma IPO is ₹1,500.00 per share and of Route Mobile IPO is ₹350.00 per share.

	Gland Pharma IPO	Route Mobile IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹1,490.00 per share	₹345.00 per share
Issue Price (Upper)	₹1,500.00 per share	₹350.00 per share
Issue Price (Final)	₹1,500.00 per share	₹350.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10 shares	40 shares
Fresh Issue Size	83,33,333 shares
Fresh Issue Size (Amount)	up to ₹1,250.00 Cr	up to ₹240.00 Cr
OFS Issue Size	3,48,63,635 shares
OFS Issue Size (Amount)	up to ₹5,229.55 Cr	up to ₹360.00 Cr
Issue Size Total	4,31,96,968 shares	1,73,91,303 shares
Issue Size Total (Amount)	up to ₹6,479.55 Cr	up to ₹600.00 Cr

IPO Timetable

Gland Pharma IPO opens on Nov 09, 2020, while Route Mobile IPO opens on Sep 09, 2020. The closing date of Gland Pharma IPO and Route Mobile IPO is Nov 11, 2020, and Sep 11, 2020, respectively.

	Gland Pharma IPO	Route Mobile IPO
Anchor Bid Date
Issue Open	Nov 09, 2020	Sep 09, 2020
Issue Close	Nov 11, 2020	Sep 11, 2020
Basis Of Allotment (Tentative)	Nov 17, 2020	Sep 16, 2020
Initiation of Refunds (Tentative)	Nov 18, 2020	Sep 17, 2020
Credit of Share (Tentative)	Nov 19, 2020	Sep 18, 2020
Listing date (Tentative)	Nov 20, 2020	Sep 21, 2020
Anchor Lockin End date 1	Dec 17, 2020	Oct 16, 2020
Anchor Lockin End date 2	Feb 15, 2021	Dec 15, 2020

Financials

Gland Pharma IPO P/E ratio is , as compared to Route Mobile IPO P/E ratio of .

Gland Pharma IPO

Route Mobile 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 Million)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	6,348.31	6,265.48	5,057.81	4,473.66
Total Revenue	3,122.95	9,681.02	8,523.77	5,094.85
Profit After Tax	269.34	691.02	545.32	466.77

Promoter Shareholding (Pre-Issue)

74%

96%

Promoter Shareholding (Post-Issue)

58%

66.33%

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 Route Mobile 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 34,78,259 shares in Route Mobile IPO.

	Gland Pharma IPO	Route Mobile IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	86,39,394 shares	34,78,259 shares
NII	64,79,546 shares	26,08,696 shares
RII	1,51,18,939 shares	60,86,957 shares
Employee	0 shares	0 shares
Others
Total	3,02,37,879 shares	1,21,73,912 shares

Bids Received (Subscription)

Gland Pharma IPO subscribed 2.06x in total, whereas Route Mobile IPO subscribed 73.30x.

	Gland Pharma IPO	Route Mobile IPO
QIB (times)	6.40x	89.76x
NII (times)	0.51x	192.81x
Big NII (times)
Small NII (times)
RII (times)	0.24x	12.67x
Employee (times)
Other (times)
Total (times)	2.06x	73.30x

Compare with others

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

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