Comparison between Agni Green Power IPO and Rhetan TMT IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Agni Green Power IPO P/E ratio is 250, as compared to Rhetan TMT IPO P/E ratio of 63.64.
Shares Offered
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 |
|---|
| Market Maker Reservation | 2,70,000 shares | 4,16,000 shares |
| NII | 24,90,000 shares | 37,92,000 shares |
| RII | 24,90,000 shares | 37,92,000 shares |
| Total | 49,80,000 shares | 75,84,000 shares |
Bids Received (Subscription)
Agni Green Power IPO subscribed 73.66x in total, whereas Rhetan TMT IPO subscribed 1.47x.
