Comparison between Adeshwar Meditex IPO and Rex Pipes IPO.
IPO Details
Adeshwar Meditex IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Pipes IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Adeshwar Meditex IPO is up to ₹9.24 Cr whereas the issue size of the Rex Pipes IPO is up to ₹5.93 Cr. The final issue price of Adeshwar Meditex IPO is ₹25.00 per share and of Rex Pipes IPO is ₹26.00 per share.
IPO Timetable
Adeshwar Meditex IPO opens on Jun 15, 2021, while Rex Pipes IPO opens on Jul 28, 2021. The closing date of Adeshwar Meditex IPO and Rex Pipes IPO is Jun 18, 2021, and Aug 02, 2021, respectively.
| | Adeshwar Meditex IPO | Rex Pipes IPO |
|---|
| Issue Open | Jun 15, 2021 | Jul 28, 2021 |
| Issue Close | Jun 18, 2021 | Aug 02, 2021 |
| Basis Of Allotment (Tentative) | Jun 23, 2021 | Aug 05, 2021 |
| Initiation of Refunds (Tentative) | Jun 24, 2021 | Aug 06, 2021 |
| Credit of Share (Tentative) | Jun 25, 2021 | Aug 09, 2021 |
| Listing date (Tentative) | Jun 28, 2021 | Aug 10, 2021 |
Financials & KPIs
Adeshwar Meditex IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .
Shares Offered
In the Adeshwar Meditex IPO Retail Individual Investors (RII) are offered 18,48,000 shares while in Rex Pipes IPO retail investors are offered 18,48,000 shares. Qualified Institutional Buyers (QIB) are offered in Adeshwar Meditex IPO and in Rex Pipes IPO.
| | Adeshwar Meditex IPO | Rex Pipes IPO |
|---|
| Market Maker Reservation | 2,04,000 shares | 1,20,000 shares |
| NII | 18,48,000 shares | 11,40,000 shares |
| RII | 18,48,000 shares | 11,40,000 shares |
| Total | 36,96,000 shares | 22,80,000 shares |
Bids Received (Subscription)
Adeshwar Meditex IPO subscribed 1.85x in total, whereas Rex Pipes IPO subscribed 23.99x.
