Comparison between Abha Power IPO and Rajesh Power IPO.
IPO Details
Abha Power IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rajesh Power IPO is a SME Bookbuilding proposed to list at BSE SME.
Issue Size and Price
The total issue size of Abha Power IPO is up to ₹36.58 Cr whereas the issue size of the Rajesh Power IPO is up to ₹152.29 Cr. The final issue price of Abha Power IPO is ₹75.00 per share and of Rajesh Power IPO is ₹335.00 per share.
| | Abha Power IPO | Rajesh Power IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹319.00 per share |
| Issue Price (Upper) | | ₹335.00 per share |
| Issue Price (Final) | ₹75.00 per share | ₹335.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | | |
| Market Lot Size | 1600 shares | 400 shares |
| Fresh Issue Size | 38,76,800 shares | 25,46,000 shares |
| Fresh Issue Size (Amount) | up to ₹29.08 Cr | up to ₹85.29 Cr |
| OFS Issue Size | 10,00,000 shares | 20,00,000 shares |
| OFS Issue Size (Amount) | up to ₹7.50 Cr | up to ₹67.00 Cr |
| Issue Size Total | 48,76,800 shares | 45,46,000 shares |
| Issue Size Total (Amount) | up to ₹36.58 Cr | up to ₹152.29 Cr |
IPO Timetable
Abha Power IPO opens on Nov 27, 2024, while Rajesh Power IPO opens on Nov 25, 2024. The closing date of Abha Power IPO and Rajesh Power IPO is Nov 29, 2024, and Nov 27, 2024, respectively.
| | Abha Power IPO | Rajesh Power IPO |
|---|
| Anchor Bid Date | | Nov 22, 2024 |
| Issue Open | Nov 27, 2024 | Nov 25, 2024 |
| Issue Close | Nov 29, 2024 | Nov 27, 2024 |
| Basis Of Allotment (Tentative) | Dec 02, 2024 | Nov 28, 2024 |
| Initiation of Refunds (Tentative) | Dec 03, 2024 | Nov 29, 2024 |
| Credit of Share (Tentative) | Dec 03, 2024 | Nov 29, 2024 |
| Listing date (Tentative) | Dec 04, 2024 | Dec 02, 2024 |
| Anchor Lockin End date 1 | | Dec 28, 2024 |
| Anchor Lockin End date 2 | | Feb 26, 2025 |
Financials & KPIs
Abha Power IPO P/E ratio is 28.65, as compared to Rajesh Power IPO P/E ratio of 19.59.
Shares Offered
In the Abha Power IPO Retail Individual Investors (RII) are offered 24,38,400 shares while in Rajesh Power IPO retail investors are offered 24,38,400 shares. Qualified Institutional Buyers (QIB) are offered in Abha Power IPO and 9,13,600 shares in Rajesh Power IPO.
| | Abha Power IPO | Rajesh Power IPO |
|---|
| Anchor Investor Reservation | | 13,36,400 shares |
| Market Maker Reservation | 2,62,400 shares | 2,44,000 shares |
| QIB | | 9,13,600 shares |
| NII | 24,38,400 shares | 6,91,200 shares |
| RII | 24,38,400 shares | 16,04,800 shares |
| Employee | | |
| Others | | |
| Total | 48,76,800 shares | 45,46,000 shares |
Bids Received (Subscription)
Abha Power IPO subscribed 17.50x in total, whereas Rajesh Power IPO subscribed 41.66x.
