Comparison between Route Mobile IPO and UTI AMC IPO.
Route Mobile IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while UTI AMC IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Route Mobile IPO is up to ₹600.00 Cr whereas the issue size of the UTI AMC IPO is up to ₹2,159.88 Cr. The final issue price of Route Mobile IPO is ₹350.00 per share and of UTI AMC IPO is ₹554.00 per share.
| Route Mobile IPO | UTI AMC IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹345.00 per share | ₹552.00 per share |
| Issue Price (Upper) | ₹350.00 per share | ₹554.00 per share |
| Issue Price (Final) | ₹350.00 per share | ₹554.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 40 shares | 27 shares |
| Fresh Issue Size | 68,57,142 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹240.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 1,02,85,714 shares | 3,89,87,081 shares |
| OFS Issue Size (Amount) | up to ₹360.00 Cr | up to ₹2,159.88 Cr |
| Issue Size Total | 1,71,42,856 shares | 3,89,87,081 shares |
| Issue Size Total (Amount) | up to ₹600.00 Cr | up to ₹2,159.88 Cr |
Route Mobile IPO opens on Sep 09, 2020, while UTI AMC IPO opens on Sep 29, 2020. The closing date of Route Mobile IPO and UTI AMC IPO is Sep 11, 2020, and Oct 01, 2020, respectively.
| Route Mobile IPO | UTI AMC IPO | |
|---|---|---|
| Anchor Bid Date | Sep 08, 2020 | Sep 28, 2020 |
| Issue Open | Sep 09, 2020 | Sep 29, 2020 |
| Issue Close | Sep 11, 2020 | Oct 01, 2020 |
| Basis Of Allotment (Tentative) | Sep 16, 2020 | Oct 07, 2020 |
| Initiation of Refunds (Tentative) | Sep 17, 2020 | Oct 08, 2020 |
| Credit of Share (Tentative) | Sep 18, 2020 | Oct 09, 2020 |
| Listing date (Tentative) | Sep 21, 2020 | Oct 12, 2020 |
| Anchor Lockin End date 1 | Oct 16, 2020 | Nov 06, 2020 |
| Anchor Lockin End date 2 | Dec 15, 2020 | Jan 05, 2021 |
Route Mobile IPO P/E ratio is , as compared to UTI AMC IPO P/E ratio of .
| Route Mobile IPO | UTI AMC IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 96 | 98.96 | ||||
| Promoter Shareholding (Post-Issue) | 66.33 | |||||
| P/E Ratio | ||||||
| Market Cap | ₹1990.00 Cr. | ₹7024.01 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Route Mobile IPO Retail Individual Investors (RII) are offered 60,00,000 shares while in UTI AMC IPO retail investors are offered 60,00,000 shares. Qualified Institutional Buyers (QIB) are offered 34,28,571 shares in Route Mobile IPO and 77,57,416 shares in UTI AMC IPO.
| Route Mobile IPO | UTI AMC IPO | |
|---|---|---|
| Anchor Investor Reservation | 51,42,856 shares | 1,16,36,124 shares |
| Market Maker Reservation | ||
| QIB | 34,28,571 shares | 77,57,416 shares |
| NII | 25,71,429 shares | 58,18,062 shares |
| RII | 60,00,000 shares | 1,35,75,479 shares |
| Employee | 2,00,000 shares | |
| Others | ||
| Total | 1,71,42,856 shares | 3,89,87,081 shares |
Route Mobile IPO subscribed 73.30x in total, whereas UTI AMC IPO subscribed 2.31x.
| Route Mobile IPO | UTI AMC IPO | |
|---|---|---|
| QIB (times) | 89.76x | 3.34x |
| NII (times) | 192.81x | 0.93x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.67x | 2.32x |
| Employee (times) | 1.34x | |
| Other (times) | ||
| Total (times) | 73.30x | 2.31x |
