Comparison between Ameya Precision Engineers IPO and Rhetan TMT IPO.
IPO Details
Ameya Precision Engineers 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 Ameya Precision Engineers IPO is up to ₹6.77 Cr whereas the issue size of the Rhetan TMT IPO is up to ₹53.09 Cr. The final issue price of Ameya Precision Engineers IPO is ₹34.00 per share and of Rhetan TMT IPO is ₹70.00 per share.
| | Ameya Precision Engineers IPO | Rhetan TMT IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹34.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 13,92,000 shares | 75,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.73 Cr | up to ₹53.09 Cr |
| OFS Issue Size | 6,00,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.04 Cr | up to ₹0.00 Cr |
| Issue Size Total | 19,92,000 shares | 75,84,000 shares |
| Issue Size Total (Amount) | up to ₹6.77 Cr | up to ₹53.09 Cr |
IPO Timetable
Ameya Precision Engineers IPO opens on Aug 25, 2022, while Rhetan TMT IPO opens on Aug 22, 2022. The closing date of Ameya Precision Engineers IPO and Rhetan TMT IPO is Aug 30, 2022, and Aug 25, 2022, respectively.
| | Ameya Precision Engineers IPO | Rhetan TMT IPO |
|---|
| Issue Open | Aug 25, 2022 | Aug 22, 2022 |
| Issue Close | Aug 30, 2022 | Aug 25, 2022 |
| Basis Of Allotment (Tentative) | Sep 05, 2022 | Aug 30, 2022 |
| Initiation of Refunds (Tentative) | Sep 06, 2022 | Sep 01, 2022 |
| Credit of Share (Tentative) | Sep 07, 2022 | Sep 02, 2022 |
| Listing date (Tentative) | Sep 08, 2022 | Sep 05, 2022 |
Financials & KPIs
Ameya Precision Engineers IPO P/E ratio is 16.75, as compared to Rhetan TMT IPO P/E ratio of 63.64.
Shares Offered
In the Ameya Precision Engineers IPO Retail Individual Investors (RII) are offered 9,96,000 shares while in Rhetan TMT IPO retail investors are offered 9,96,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Ameya Precision Engineers IPO and in Rhetan TMT IPO.
| | Ameya Precision Engineers IPO | Rhetan TMT IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,08,000 shares | 4,16,000 shares |
| QIB | 0 shares | |
| NII | 9,96,000 shares | 37,92,000 shares |
| RII | 9,96,000 shares | 37,92,000 shares |
| Employee | 0 shares | |
| Total | 19,92,000 shares | 75,84,000 shares |
Bids Received (Subscription)
Ameya Precision Engineers IPO subscribed 251.35x in total, whereas Rhetan TMT IPO subscribed 1.47x.