Comparison between RailTel IPO and Route Mobile IPO.
RailTel 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 RailTel IPO is up to ₹819.24 Cr whereas the issue size of the Route Mobile IPO is up to ₹600.00 Cr. The final issue price of RailTel IPO is ₹94.00 per share and of Route Mobile IPO is ₹350.00 per share.
| RailTel IPO | Route Mobile IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | ₹345.00 per share |
| Issue Price (Upper) | ₹94.00 per share | ₹350.00 per share |
| Issue Price (Final) | ₹94.00 per share | ₹350.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 155 shares | 40 shares |
| Fresh Issue Size | 0 shares | 68,57,142 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹240.00 Cr |
| OFS Issue Size | 8,71,53,369 shares | 1,02,85,714 shares |
| OFS Issue Size (Amount) | up to ₹819.24 Cr | up to ₹360.00 Cr |
| Issue Size Total | 8,71,53,369 shares | 1,71,42,856 shares |
| Issue Size Total (Amount) | up to ₹819.24 Cr | up to ₹600.00 Cr |
RailTel IPO opens on Feb 16, 2021, while Route Mobile IPO opens on Sep 09, 2020. The closing date of RailTel IPO and Route Mobile IPO is Feb 18, 2021, and Sep 11, 2020, respectively.
| RailTel IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Bid Date | Feb 15, 2021 | Sep 08, 2020 |
| Issue Open | Feb 16, 2021 | Sep 09, 2020 |
| Issue Close | Feb 18, 2021 | Sep 11, 2020 |
| Basis Of Allotment (Tentative) | Feb 23, 2021 | Sep 16, 2020 |
| Initiation of Refunds (Tentative) | Feb 24, 2021 | Sep 17, 2020 |
| Credit of Share (Tentative) | Feb 24, 2021 | Sep 18, 2020 |
| Listing date (Tentative) | Feb 26, 2021 | Sep 21, 2020 |
| Anchor Lockin End date 1 | Mar 25, 2021 | Oct 16, 2020 |
| Anchor Lockin End date 2 | May 24, 2021 | Dec 15, 2020 |
RailTel IPO P/E ratio is , as compared to Route Mobile IPO P/E ratio of .
| RailTel IPO | Route Mobile IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 96 | ||||
| Promoter Shareholding (Post-Issue) | 72.84 | 66.33 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3016.82 Cr. | ₹1990.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the RailTel IPO Retail Individual Investors (RII) are offered 3,03,28,680 shares while in Route Mobile IPO retail investors are offered 3,03,28,680 shares. Qualified Institutional Buyers (QIB) are offered 1,73,69,237 shares in RailTel IPO and 34,28,571 shares in Route Mobile IPO.
| RailTel IPO | Route Mobile IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,59,57,446 shares | 51,42,856 shares |
| Market Maker Reservation | ||
| QIB | 1,73,69,237 shares | 34,28,571 shares |
| NII | 1,29,98,006 shares | 25,71,429 shares |
| RII | 3,03,28,680 shares | 60,00,000 shares |
| Employee | 5,00,000 shares | |
| Others | ||
| Total | 8,71,53,369 shares | 1,71,42,856 shares |
RailTel IPO subscribed 42.39x in total, whereas Route Mobile IPO subscribed 73.30x.
| RailTel IPO | Route Mobile IPO | |
|---|---|---|
| QIB (times) | 65.14x | 89.76x |
| NII (times) | 73.25x | 192.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 16.78x | 12.67x |
| Employee (times) | 3.35x | |
| Other (times) | ||
| Total (times) | 42.39x | 73.30x |
