Comparison between Agni Green Power IPO and Rhetan TMT IPO.
Agni Green Power IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rhetan TMT IPO is a SME Fixed Price proposed to list at BSE SME.
| Agni Green Power IPO | Rhetan TMT IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Aryaman Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Aryaman Capital Markets Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Agni Green Power IPO is up to ₹4.98 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Agni Green Power IPO is ₹10.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
| Agni Green Power IPO | Rhetan TMT IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 2000 shares |
| Fresh Issue Size | 49,80,000 shares | 75,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.98 Cr | up to ₹53.09 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 49,80,000 shares | 75,84,000 shares |
| Issue Size Total (Amount) | up to ₹4.98 Cr | up to ₹53.09 Cr |
Agni Green Power IPO opens on Jul 20, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Agni Green Power IPO and Rhetan TMT IPO is Jul 22, 2022, and Aug 25, 2022, respectively.
| Agni Green Power IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jul 20, 2022 | Aug 22, 2022 |
| Issue Close | Jul 22, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Jul 27, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Jul 28, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Jul 29, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Aug 01, 2022 | Sep 05, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Agni Green Power IPO P/E ratio is 250, as compared to Rhetan TMT IPO P/E ratio of 63.64.
| Agni Green Power IPO | Rhetan TMT IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.50 | 99.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.57 | 62.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 250 | 63.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹19.54 Cr. | ₹148.75 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.15 | ₹2.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 0.4 | 10.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Agni Green Power IPO Retail Individual Investors (RII) are offered 24,90,000 shares while in Rhetan TMT IPO retail investors are offered 24,90,000 shares. Qualified Institutional Buyers (QIB) are offered in Agni Green Power IPO and in Rhetan TMT IPO.
| Agni Green Power IPO | Rhetan TMT IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,70,000 shares | 4,16,000 shares |
| QIB | ||
| NII | 24,90,000 shares | 37,92,000 shares |
| RII | 24,90,000 shares | 37,92,000 shares |
| Employee | ||
| Others | ||
| Total | 49,80,000 shares | 75,84,000 shares |
Agni Green Power IPO subscribed 73.66x in total, whereas Rhetan TMT IPO subscribed 1.47x.
| Agni Green Power IPO | Rhetan TMT IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 107.40x | 2.18x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 39.92x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 73.66x | 1.47x |
