Comparison between Glenmark Life Sciences IPO and Ruchi Soya Industries FPO.
Glenmark Life Sciences IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Ruchi Soya Industries FPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Glenmark Life Sciences IPO is up to ₹1,513.60 Cr whereas the issue size of the Ruchi Soya Industries FPO is up to ₹4,300.00 Cr. The final issue price of Glenmark Life Sciences IPO is ₹720.00 per share and of Ruchi Soya Industries FPO is ₹650.00 per share.
| Glenmark Life Sciences IPO | Ruchi Soya Industries FPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹695.00 per share | ₹615.00 per share |
| Issue Price (Upper) | ₹720.00 per share | ₹650.00 per share |
| Issue Price (Final) | ₹720.00 per share | ₹650.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 20 shares | 21 shares |
| Fresh Issue Size | 1,47,22,222 shares | 6,61,53,846 shares |
| Fresh Issue Size (Amount) | up to ₹1,060.00 Cr | up to ₹4,300.00 Cr |
| OFS Issue Size | 63,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹453.60 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,10,22,222 shares | 6,61,53,846 shares |
| Issue Size Total (Amount) | up to ₹1,513.60 Cr | up to ₹4,300.00 Cr |
Glenmark Life Sciences IPO opens on Jul 27, 2021, while Ruchi Soya Industries FPO opens on Mar 24, 2022. The closing date of Glenmark Life Sciences IPO and Ruchi Soya Industries FPO is Jul 29, 2021, and Mar 28, 2022, respectively.
| Glenmark Life Sciences IPO | Ruchi Soya Industries FPO | |
|---|---|---|
| Anchor Bid Date | Jul 26, 2021 | |
| Issue Open | Jul 27, 2021 | Mar 24, 2022 |
| Issue Close | Jul 29, 2021 | Mar 28, 2022 |
| Basis Of Allotment (Tentative) | Aug 03, 2021 | Apr 05, 2022 |
| Initiation of Refunds (Tentative) | Aug 04, 2021 | Apr 06, 2022 |
| Credit of Share (Tentative) | Aug 05, 2021 | Apr 07, 2022 |
| Listing date (Tentative) | Aug 06, 2021 | Apr 08, 2022 |
| Anchor Lockin End date 1 | Sep 02, 2021 | May 05, 2022 |
| Anchor Lockin End date 2 | Nov 01, 2021 | Jul 04, 2022 |
Glenmark Life Sciences IPO P/E ratio is , as compared to Ruchi Soya Industries FPO P/E ratio of 30.86.
| Glenmark Life Sciences IPO | Ruchi Soya Industries FPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 98.90 | ||||
| Promoter Shareholding (Post-Issue) | 82.84 | 80.82 | ||||
| P/E Ratio | 30.86 | |||||
| Market Cap | ₹8821.96 Cr. | ₹23529.67 Cr. | ||||
| ROE | 18.32 | |||||
| ROCE | 11.07 | |||||
| Debt/Equity | 0.97 | |||||
| EPS | ₹23.02 | |||||
| RoNW | 78.6 |
In the Glenmark Life Sciences IPO Retail Individual Investors (RII) are offered 73,57,778 shares while in Ruchi Soya Industries FPO retail investors are offered 73,57,778 shares. Qualified Institutional Buyers (QIB) are offered 42,04,450 shares in Glenmark Life Sciences IPO and 1,32,28,769 shares in Ruchi Soya Industries FPO.
| Glenmark Life Sciences IPO | Ruchi Soya Industries FPO | |
|---|---|---|
| Anchor Investor Reservation | 63,06,660 shares | 1,98,43,153 shares |
| Market Maker Reservation | ||
| QIB | 42,04,450 shares | 1,32,28,769 shares |
| NII | 31,53,334 shares | 99,21,577 shares |
| RII | 73,57,778 shares | 2,31,50,347 shares |
| Employee | 10,000 shares | |
| Others | ||
| Total | 2,10,22,222 shares | 6,61,53,846 shares |
Glenmark Life Sciences IPO subscribed 44.17x in total, whereas Ruchi Soya Industries FPO subscribed 3.60x.
| Glenmark Life Sciences IPO | Ruchi Soya Industries FPO | |
|---|---|---|
| QIB (times) | 36.97x | 2.20x |
| NII (times) | 122.54x | 11.75x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 14.63x | 0.90x |
| Employee (times) | 7.76x | |
| Other (times) | ||
| Total (times) | 44.17x | 3.60x |