Comparison between Alpex Solar IPO and Rudra Gas Enterprise IPO.
Alpex Solar IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rudra Gas Enterprise IPO is a SME Fixed Price proposed to list at BSE SME.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Alpex Solar IPO is up to ₹70.79 Cr whereas the issue size of the Rudra Gas Enterprise IPO is up to ₹13.43 Cr. The final issue price of Alpex Solar IPO is ₹115.00 per share and of Rudra Gas Enterprise IPO is ₹63.00 per share.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹109.00 per share | |
| Issue Price (Upper) | ₹115.00 per share | |
| Issue Price (Final) | ₹115.00 per share | ₹63.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 2000 shares |
| Fresh Issue Size | 61,56,000 shares | 21,32,000 shares |
| Fresh Issue Size (Amount) | up to ₹70.79 Cr | up to ₹13.43 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 | 61,56,000 shares | 21,32,000 shares |
| Issue Size Total (Amount) | up to ₹70.79 Cr | up to ₹13.43 Cr |
Alpex Solar IPO opens on Feb 08, 2024, while Rudra Gas Enterprise IPO opens on Feb 08, 2024. The closing date of Alpex Solar IPO and Rudra Gas Enterprise IPO is Feb 12, 2024, and Feb 12, 2024, respectively.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Anchor Bid Date | Feb 07, 2024 | |
| Issue Open | Feb 08, 2024 | Feb 08, 2024 |
| Issue Close | Feb 12, 2024 | Feb 12, 2024 |
| Basis Of Allotment (Tentative) | Feb 13, 2024 | Feb 13, 2024 |
| Initiation of Refunds (Tentative) | Feb 14, 2024 | Feb 14, 2024 |
| Credit of Share (Tentative) | Feb 14, 2024 | Feb 14, 2024 |
| Listing date (Tentative) | Feb 15, 2024 | Feb 15, 2024 |
| Anchor Lockin End date 1 | Mar 14, 2024 | |
| Anchor Lockin End date 2 | May 13, 2024 |
Alpex Solar IPO P/E ratio is 54.66, as compared to Rudra Gas Enterprise IPO P/E ratio of 10.9.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Alpex Solar Limited Financial Information (Restated Consolidated)Alpex Solar Limited's revenue increased by 16.25% and profit after tax (PAT) rose by 1849.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Rudra Gas Enterprise Limited Financial Information (Restated Standalone)Rudra Gas Enterprise Limited's revenue increased by 12.76% and profit after tax (PAT) rose by 96.21% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 93.53 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.76 | 73.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 54.66 | 10.9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹281.44 Cr. | ₹52.53 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.55% | 57% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.81% | 25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.14 | 2.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.10 | ₹5.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.55% | 44.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alpex Solar IPO Retail Individual Investors (RII) are offered 21,55,200 shares while in Rudra Gas Enterprise IPO retail investors are offered 21,55,200 shares. Qualified Institutional Buyers (QIB) are offered 12,31,200 shares in Alpex Solar IPO and in Rudra Gas Enterprise IPO.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,45,600 shares | |
| Market Maker Reserveration | 3,24,000 shares | 1,16,000 shares |
| QIB | 12,31,200 shares | |
| NII | 9,24,000 shares | 10,66,000 shares |
| RII | 21,55,200 shares | 10,66,000 shares |
| Employee | ||
| Others | ||
| Total | 61,56,000 shares | 21,32,000 shares |
Alpex Solar IPO subscribed 324.03x in total, whereas Rudra Gas Enterprise IPO subscribed 350.75x.
| Alpex Solar IPO | Rudra Gas Enterprise IPO | |
|---|---|---|
| QIB (times) | 141.48x | |
| NII (times) | 502.31x | 286.62x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 351.89x | 404.38x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 324.03x | 350.75x |
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