Comparison between Angel Broking IPO and Route Mobile IPO.
Angel Broking IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Route Mobile IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Angel Broking IPO is up to ₹600.00 Cr whereas the issue size of the Route Mobile IPO is up to ₹600.00 Cr. The final issue price of Angel Broking IPO is ₹306.00 per share and of Route Mobile IPO is ₹350.00 per share.
| Angel Broking IPO | Route Mobile IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹305.00 per share | ₹345.00 per share |
| Issue Price (Upper) | ₹306.00 per share | ₹350.00 per share |
| Issue Price (Final) | ₹306.00 per share | ₹350.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 49 shares | 40 shares |
| Fresh Issue Size | 98,03,921 shares | 68,57,142 shares |
| Fresh Issue Size (Amount) | up to ₹300.00 Cr | up to ₹240.00 Cr |
| OFS Issue Size | 98,03,914 shares | 1,02,85,714 shares |
| OFS Issue Size (Amount) | up to ₹300.00 Cr | up to ₹360.00 Cr |
| Issue Size Total | 1,96,07,835 shares | 1,71,42,856 shares |
| Issue Size Total (Amount) | up to ₹600.00 Cr | up to ₹600.00 Cr |
Angel Broking IPO opens on Sep 22, 2020, while Route Mobile IPO opens on Sep 09, 2020. The closing date of Angel Broking IPO and Route Mobile IPO is Sep 24, 2020, and Sep 11, 2020, respectively.
| Angel Broking IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Bid Date | Sep 21, 2020 | Sep 08, 2020 |
| Issue Open | Sep 22, 2020 | Sep 09, 2020 |
| Issue Close | Sep 24, 2020 | Sep 11, 2020 |
| Basis Of Allotment (Tentative) | Sep 29, 2020 | Sep 16, 2020 |
| Initiation of Refunds (Tentative) | Sep 30, 2020 | Sep 17, 2020 |
| Credit of Share (Tentative) | Oct 01, 2020 | Sep 18, 2020 |
| Listing date (Tentative) | Oct 05, 2020 | Sep 21, 2020 |
| Anchor Lockin End date 1 | Oct 29, 2020 | Oct 16, 2020 |
| Anchor Lockin End date 2 | Dec 28, 2020 | Dec 15, 2020 |
Angel Broking IPO P/E ratio is , as compared to Route Mobile IPO P/E ratio of .
| Angel Broking IPO | Route Mobile IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 65.42 | 96 | ||||
| Promoter Shareholding (Post-Issue) | 66.33 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹2503.05 Cr. | ₹1990.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Angel Broking IPO Retail Individual Investors (RII) are offered 68,62,743 shares while in Route Mobile IPO retail investors are offered 68,62,743 shares. Qualified Institutional Buyers (QIB) are offered 39,21,564 shares in Angel Broking IPO and 34,28,571 shares in Route Mobile IPO.
| Angel Broking IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Investor Reservation | 58,82,352 shares | 51,42,856 shares |
| Market Maker Reservation | ||
| QIB | 39,21,564 shares | 34,28,571 shares |
| NII | 29,41,176 shares | 25,71,429 shares |
| RII | 68,62,743 shares | 60,00,000 shares |
| Employee | ||
| Others | ||
| Total | 1,96,07,835 shares | 1,71,42,856 shares |
Angel Broking IPO subscribed 3.94x in total, whereas Route Mobile IPO subscribed 73.30x.
| Angel Broking IPO | Route Mobile IPO | |
|---|---|---|
| QIB (times) | 5.74x | 89.76x |
| NII (times) | 0.69x | 192.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 4.31x | 12.67x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.94x | 73.30x |
